Swee Hong
Swee Hong and Centurion--Booming Dormitory Busines
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Both are into Dormitory business
Centurion from 4500 beds into 32000 beds. Share price surged from 15 to 65. Lian Beng became SSH yesterday
Swee Hong started this June 14 with 9000 beds fully operational in 1st 2015.
High profit margin business supported by BCA and URA.
Dormitory business capital intensive. Centurion raised funds yesterday.
Swee Hong needs more monies for the upcoming 9000 beds.
Expect to see fund raising exercise or synergy with some related parties.
Both shares are very tightly held by some parties.
I expect to see good value in the near future for both...
Personal TP
Centurion 80
Swee Hong 45