Brookfield Infrastructure (BIP) Reports 2Q14 Results; It Remains a Solid Long Term Investment

Before jumping into the quarterly report let’s take a moment to review why we’re invested in this business. Good Business: Brookfield Infrastructure Partners (BIP) is invested heavily in a class of assets that became known as infrastructure assets and established a preeminent position. Infrastructure assets are long life and require relatively minimal maintenance capital expenditures, they […]

Brookfield Asset Management (BAM) 1Q14 At an Inflection Point

Brookfield Asset Management (BAM): reported [Source] Funds from Operation (FFO) the company’s measure of cash flow, was $492 million for 1Q14 increasing 6% over the 1Q13 quarter level of $387 million excluding realized gains on asset sales. The increase was due to stronger pricing in renewable energy operations and increased asset management fees partially offset by […]

Brookfield Infrastructure (BIP) Reports 1Q14 Results; Remains a Solid Investment

Before jumping into the quarterly report (which was good by the way) let’s take a moment to reflect on why we’re invested in this business. Good Business: Brookfield Infrastructure Partners (BIP) is invested heavily in the class of assets that became known as infrastructure assets where they seized an early opportunity to establish a preeminent […]

Portfolio Company 1Q14 Earnings Release Schedule

Portfolio Company’s earnings releases and conference calls for the first quarter are coming up and listed below. Genworth Financial, Inc. (GNW): April 29, 2014 Earnings Release; April 30, Conference Call: Genworth Financial, Inc. announced [Source] it would issue its earnings release and financial supplement containing first quarter results after the market closes on April 29, […]

Brookfield Asset Management (BAM) Outstanding 2013 Results

Brookfield Asset Management (BAM): reported [Source] Funds from Operation (FFO), Brookfield’s primary measure of cash flow, was $3.4 billion for 2013 an increase of 149% over the previous year of $1.4 billion and an all-time record high for the company. For the fourth quarter 2013 (4Q13) Funds from Operation was 1 billion for an increase […]

Brookfield Infrastructure (BIP) Reports 4Q13 Results; 2013 was a Good Year

Brookfield Infrastructure reported results for full year 2013 with a total return of 16% compared to its target total return of 12-15%. This is lower than the past three and five years, where annualized returns were outstanding at 29% and 36% respectively. As much as those returns are enjoyable, they cannot be sustained at that […]

Portfolio Company 4Q13 Earnings Release Schedule

Portfolio Company’s earnings release and conference calls are coming up. I’ll share my perspective after the release and encourage you to read the releases and listen to the conference calls. It is a good way to stay current with your investments and learn about the people running your company. Most calls are recorded and posted on […]

Brookfield Infrastructure (BIP) 3Q13 Strong Results & Good Outlook Continues

Brookfield Infrastructure Partners (BIP) reported another quarter of strong results and a continued positive outlook with many opportunities. Once again it is a pleasure to see hard work and prudent investments over past years continue to compound and produce increasing returns for the benefit of unit holders. Management continues on a sound and well executed […]

Portfolio Company 3Q13 Earnings Release Schedule

Portfolio Company’s earnings release and conference calls are coming up soon. We are now in the companies self-imposed  ”quarterly quiet period” and sshouldn’t expect a lot of news until the release dates. I’ll share my perspective after the release and encourage you to read the releases and listen to the conference calls. It is a […]

Brookfield Asset Management (BAM) 2Q13 Results; FFO up 192%

Brookfield Asset Management (BAM) reported results [Source] for the second quarter 2013. Funds from Operations (FFO) the primary metric Brookfield uses to measure its performance increased 192% and net income attributable to shareholders increased 67% over the prior year period. It is another excellent quarter following the strong 34% FFO increase reported in the 1Q13. There […]