02 May 2020
(Stocks Discussion) SGX: EC World REIT (SGX: BWCU)?
Discuss anything about EC World REIT (SGX: BWCU) share price, dividend yield, ratios, fundamentals, and if you would buy or sell this REIT on the SGX Singapore market. Do take note that the answers given by our members are just their opinions, so please do your own due diligence before making an investment in EC World REIT (SGX: BWCU).
Here's the latest update, based on their annual report. Written by a unitholder:
What I don't like about EC World REIT is the low interest cover ratio (3.7x; FY2019), which went down from 4.4x (FY2018). Although it's higher than MAS' ICR 2.5x requirement, 3.7x is still a bit risky in this challenging business environment.
Yet I'm a unitholder of EC World REIT. LOL. Oh well.
For reference, Sudhan did up an analysis on EC World here: [https://blog.seedly.sg/ec-world-reit-sgx...
Read 2 other comments with a Seedly account
You will also enjoy exclusive benefits and get access to members only features.
Sign up or login with an email here
Write your thoughts