mirageak
2022-06-16

$EC WORLD REIT(BWCU.SI)$ divestment is expected in order to reduce debt by 25%. NAV will drop. Hope fully once the onshore loan extended. This issue will resolved finally and hope both onshore and offshore can reduce loan interest rate. Good thing in disguise is though dpu is down, nav is reduced but financial status will strengthened with lower gearing and higher interest coverage. Just wait how is the impact of dpu announce if 2 asset divestment. Luckily the two with rental 2%escallation annually not sold and hope management will have new plan for future organic growth.. 

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Comments

  • frosti
    2022-06-16
    frosti
    I am very bullish on BWCU,i believe they will make a good plan.
  • kianweiting
    2022-06-17
    kianweiting
    BWCU assets are valuable to private equity, only offshore banks are wary and not willing to refinance.
  • zinglee
    2022-06-16
    zinglee
    BWCU is a good company. It has a potential to increase.
  • HH浩
    2022-06-16
    HH浩
    I also believe that they can resolve the offshore loan issue
  • YadaYada
    2022-06-16
    YadaYada
    everything hodl
  • 企鹅大人
    2022-06-18
    企鹅大人
    hope things turn around when mkt improve
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