QUOTE(TOS @ Apr 8 2022, 03:02 PM)
Let's ask sifu
dwRK and
Ramjade 
Well, the damage is done. If you run away now, you will bear the 10% lost today. Or, you can pray hard that the loans will be refinanced...
According to SGX announcement documents, EC World will provide further updates on the refinancing. So keep a close eye on EC World's accouncement later.
I hope this is just time mismanagement. All REITs basicially survive on loan refinancing, just that this time probably the financial treasurer/controller fail to get the loans refinanced on time. If it's not due to the REIT's fundamental issues then you can wait for value to recover, otherwise, something more serious could be brewing.
Eh I am not expert. I am no longer active in reits leh. I just left reits which I bought last time at 6-8% + the ones I bought in March 2020 which is giving me like 15%p.a.
All my reits now autopilot. No monitoring. Just collect dividend and plow it into us market. Don't bother about rights or placement anymore.
I have divested my entire stake in EC world when news came out about it being acquired.
For me. all I can say is after investing long time, just buy and hold quality companies For China stuff, I will buy those reputable companies like tencent or family owned like CLP or government link like Shenzhen expressway and yuxiu transport.
That's why nowadays I sleep better at night holding on to us quality companies like Microsoft, Google, Shopify. Adobe. Home depot, and, Nvidia, Tesla, etc.
This post has been edited by Ramjade: Apr 8 2022, 07:49 PM