Centurion

Centurion: has sold its Australian optical disc unit for $1.24m. This is a positive as the business has been incurring losses and eroding margins. With the sale, margins will improve as the company puts greater focus on its accomodation business despite a drop in revenue. OSK-DMG maintains Buy with higher TP of $0.88 (from $0.82), on higher earnings due to lower costs