Centurion Corporation Limited to double in price?

Reader:
Hi AK, I invested in Centurion Corp. I am thinking if I should sell or if the price will go higher with the dual listing in HK.

Chinese money floods into HK stocks.

AK:
Dual listing in HK doesn’t change anything in terms of business fundamentals.

Centurion Corporation could be seeking what, to them, is a fairer valuation of their business.

The EDGE wrote that in 2007, Want Want China Holdings was trading at 15x PE ratio in Singapore and when relisted in Hong Kong, it traded at 45x PE ratio. Mah Wah Holdings was trading at 3x PE ratio in Singapore but trades at 16x PE ratio in Hong Kong.

Centurion is trading at about 10x PE ratio. Could it trade at 15x or 20x PE ratio, perhaps, even higher after the proposed dual listing? …