Centurion Corporation

[Behappyalways]

The company do not need to have so much debts if the REIT is successful....

Centurion offers $53 mil of notes for early redemption; offer expires Jan 21
https://www.theedgesingapore.com/news/co...res-jan-21

[Behappyalways]

Just my observation...


When selling, you try to maximise your sales while in shorting, you try to force the share price down, hopefully causing other shareholders to panic and follow...

I noticed that this party(S)has been trying to force the price down but there is another party(B)that is holding up the price.

In most days, S is the one providing liquidity ( contributing the bulk of the sale).

No matter how much S throw, the price refused to come down. I think S is too vested that he continues to throw down, hoping to break the share price.

My own personal guess is that S shorted more than 10m shares...kinda crazy because this counter is tightly held and all this while S was the one providing the liquidity and what happens when S turns buyer.....where is he going to find the shares to buy.....price will jump.......but then maybe S knows something hence he is confident

https://centurion.listedcompany.com/shareholdings.html


I noticed that B is quite aggressive on that day centurion announced Reit...my hunch is that B is....

S still continue his way of trying to force the price down, not reviewing his position.....he did not sense what I sense or that he does not care...

Yesterday, there was a married deal.....but today S continues to do what he does every day....if I were him, I would wait to see if there is any announcement (2 working days to report) that would affect my decision before I carry on....


492m shares to 502m shares
https://links.sgx.com/1.0.0/corporate-an...f7c77c5c3b