SGX:BMGURetail REITs
BHG Retail REIT (SGX:BMGU) Stock Faces Widening Losses And Thin Interest Cover
BHG Retail REIT entered this earnings season with a troubled reputation and a market price stuck at S$0.445, flat over the past week and slightly down over three months. The story has been about pressure on profits and debt costs. The latest half year numbers do not really challenge that view. The headline is the strain on the income statement and balance sheet. The trust remains loss making over the past year and interest costs are still not comfortably covered by earnings from continuing...