26-12-2014, 08:08 AM
Do many forum see a lot of good things in this capital intensive business - partly because the company management chooses to grow it in a rather hurry, and is prepared to pay top prices even for sub-prime land for development of foreign worker dormitories - which has also taken up an increasing amount of debts?
One thing is quite certain, Centurion will need more capital to undertake those big greenfield dormitory projects. So watch out for new capital raising by way of either rights issues or share placements!
One thing is quite certain, Centurion will need more capital to undertake those big greenfield dormitory projects. So watch out for new capital raising by way of either rights issues or share placements!