SGX:OU8Real Estate
Centurion (SGX:OU8) Stock Grapples With Margin Reset After One Off Loss
Centurion shares came into this earnings print treading water, with the stock roughly flat over the past month and modestly higher over three months. The headline this time is not the top line; it is the profit squeeze. Trailing net profit margin sits at 17.7%, far below the very high level a year ago, after a one off loss of S$44.3m dragged on the last twelve months.
The market now has to decide whether today’s muted price action reflects clear eyed focus on that margin reset or a knee jerk...