$CNI:ASX - CENTURIA CAPITAL - Broken above the magic $2 mark.

Centuria has been having a good run so far this year - up around 70% from the start of the year. It looks like it will be able to hold itself above that $2 psychological level now. Not a lot of buyers and sellers but if you think you can get in at the right price it could be worth a watch.

Centuria Capital Group is an Australia-based specialist investment manager. The Companies core business is the management of listed property funds (AREITS) together with a range of unlisted property funds. It operates through four segments: Property Funds Management, Investment Bonds Management, Co-Investments and Corporate. Property Funds Management segment is engaged in management of listed and unlisted property funds. Investment Bonds Management is focused on Management of the Benefit Funds of Centuria Life Limited and management of the Over Fifty Guardian Friendly Society Limited. The Benefit Funds include a range of financial products, including single and multi-premium investments. Co-Investments segment is focused on direct interest in property funds and other liquid investments. The Company buys, manages and sells commercial and industrial property.

Comment:

Moved above $2.55 today on earnings.