Brookfield Infrastructure Partners, L.P. (BIP) 4Q12 A Solid Report

The value created over the past few years continues to provide cumulative returns for the benefit of patient unit holders with a long term investing perspective. This is another solid report. I don’t think we could have asked for much more other than perhaps to wish more publicly traded companies were managed this well the owners. […]

Value by George Portfolio 2012 Results

Investment results for 2012, our first year, were good on an absolute and a relative basis when compared to the Standard & Poor 500. Calendar year and annualized results are presented below. The investments are made at the time the investment idea is posted. Because the portfolio was built over the course of the year it […]

Brookfield Infrastructure Partners, L.P. (BIP) 3Q12 Report

On November 7, 2012 Brookfield Infrastructure Partners, L.P. reported net income per unit of $0.35 and Funds from Operations (FFO) of $0.58 per unit slightly higher than Wall Street estimates of $0.55. The company is shifting gears from its Australian organic growth focus, adjusting to the cooling of growth in Asia, to an acquisition focus […]

Brookfield Asset Management (BAM) Reports 2Q12 Results

With headlines; “Brookfield Asset Management Q2 Profit Plunges, Misses View” one would think BAM had a terrible quarter.  Hardly, it was actually a very good quarter for investors. By nature BAM’s asset management business earnings will fluctuate from quarter to quarter. Profits did fall but temporarily so.  Offsetting these fluctuations BAM  completed a record number of […]

Brookfield Infrastructure LLP (BIP) Reports 2Q12

Brookfield Infrastructure announced results for the 2Q12 on 8/8/12. It was a busy quarter with solid results. But first, on 7/30/12 BIP pre-announced a number of significant strategic initiatives that will meaningfully expand the transportation and utility businesses. These are opportunities created to a large extent from the environment in Europe. The New Strategic Initiatives […]

Brookfield Infrastructure LLP (BIP) Reports 1Q12

Brookfield Infrastructure (BIP) today announced results for the 1Q12.  No surprises here; good solid performance with Australian railroad expansion underway and on schedule. We’ll see most of $150 million cash flow increase over the next four quarters. For income investors; the railroad cash flow increase itself over the upcoming year is about $.81/unit assuming all else […]

Brookfield Infrastructure LP (BIP)

Brookfield Infrastructure L.P. (BIP) operates infrastructure assets located in North and South America, Australasia, and Europe providing essential products and services for the global economy. The cash flow is stable with approximately 80% of earnings before interest, taxes, depreciation and amortization (EBITDA) supported by regulated or contracted revenues. The long life assets require relatively minimal […]

Brookfield Asset Management Reports 4Q11

Brookfield Asset Management reported impressive financial and operational performance during 2011. They are well positioned to increase cash flow further and generate increase value through both organic expansion and new initiatives. Our investment thesis remains intact. Some specifics: BAM’s estimated intrinsic value of the business increased to $40.99/share year end 2011 from $37.93/ share the […]

Brookfield Infrastructure (BIP) Reports Solid Performance

Brookfield Infrastructure Partners L.P (BIP) (a spinoff of Brookfield Asset Management BAM) reported earnings today. It was a solid performance. You may recall BAM owns 30% of BIP and this performance should have a positive impact on BAM’s earnings to be released on 2/17/2012. BIP Profile (per filings): Brookfield Infrastructure owns and operates high quality, […]