https://drive.google.com/file/d/1w3I8e6OwuZ...iew?usp=sharing

Lots of SReits write up here.. 

Any idea why FLCT is performing so badly. Seems like a reasonable Reit?
It's down from $1.40ish to $1.10 presently. That's a big fall for an index share.

wongmunkeong

Any thoughts on Utd Hampshire?
Any reason not to add more ?  

Frankly,.. bro, I don't believe these sensitivity analysis. Firstly,... the analysis is only for the floating rate loans, and this effect will be negated as more refinancing of the fixed-rate loans become due. Secondly, wouldn't you think the 'debt/loan movements' are too dynamic to allow for a calculation like this ?

I don'r know how to count using the sensitivity analysis.

shud i sell 

Let's tag the usual suspects.

prophetful Hansel wongmunkeong cherroy

I personally think with interest rates going to peak, it might be easier for them to refinance loans, so things may not be that bad. Current yields are around to 8-9% p.a. which may be enticing for current investors to buy, but in your case, your yield will probably be around 7% p.a., so you will have to "wait" to recover the loses. It highly depends on interest rate environments. If the rates start to turn downwards, then you can reap capital gains. But if inflation failed to be tamed, the loses will compound.

Another risk is that if they start doing rights placement and various equity fund raisings, then your money will be stuck for a long time due to dilutions and stagnating or even decreasing DPUs.

Updates from EC World

https://links.sgx.com/FileOpen/ECW_Update%2...t&FileID=771544
*Pursuant to the terms of the Offshore Facilities, in the event that the Offshore Interest Reserve is not topped up by the ECW Group within five business days of its release, the ECW Group would then have a cure period of ten business days to remedy its breach and top up the Offshore Interest Reserve.

Dead man walking company.

Another Dead man walking company.
That's 2 in Chinese based Reits now.

There should be a third one, BHG Retail Trust, but they are lucky to refinance all their loans last year till 1H 2025.

An interesting read: https://sg.style.yahoo.com/why-refinancing-...-054700513.html

The original article is behind a paywall: https://www.theedgesingapore.com/capital/re...ts-takes-longer

WoW!
Dropping like dominos!

i had this EC World for quite some time. Good performance and dividends in early days.
Suddenly the sponsor, who is the main tenant cannot pay their rents?

WHAT GIVES?
Just liquidate the assets and give the money back to the shareholders. More value there!