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 Property Partners (BPY): What’s Going On?

Brookfield Property Partners (BPY) is a leading global commercial property company with operations that include premier office, retail, multi-family, industrial and hotel assets. The company was spun off from  Brookfield Asset Management (BAM) and began trading independently early in 2013 with a 23 year pro forma history of 15.4%/year total returns. Since the high of […]

Brookfield Property Partners (BPY) Continues an Impressive Debut

Brookfield Property Partners (BPY) reported [Source] good third quarter 2013 results. Some interesting strategic moves occurred in past two quarters that will benefit BPY unitholders and Brookfield Asset Management’s (BAM) shareholders for years to come. While these strategic moves unfold we’ll receive a 5.2%/year distribution (dividend) income secured by world class commercial properties. Strategic Moves: Brookfield Property […]

Brookfield Asset Management (BAM) 3Q13 Results; Strong Performance Continues

Brookfield Asset Management (BAM) reported results [Source] for the third quarter 2013. Funds from Operations (FFO) the primary metric Brookfield uses to measure its performance increased 435% and net income attributable to shareholders increased 143% over the prior year period.  These results follow the strong 34% FFO increase reported in the 1Q13 and the 192% increase in […]

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 […]

Company Updates and Earnings Release Schedule

AIG Will Not Contest SIFI Designation: American International Group announced on June 3, 2013 that it received notice from the U.S. Treasury that the Financial Stability Oversight Council proposed that AIG is a systemically important financial institution (SIFI) under the Wall Street Reform and Consumer Protection Act. General Electric’s Financial Unit, GE Capital and Prudential […]

Brookfield (BAM, BPY, BIP, BEP) June Update

Longview Sale: On June 16, 2013 Brookfield Asset Management announced the sale of Longview Timber and Longview Fibre Paper and Packaging for $3.675 Billion [Source]: Brookfield has agreed to sell 100% of Longview Timber to Weyerhaeuser Co. for $2.65 billion including the assumption of debt. Longview Timber consists of approximately 645,000 acres of high quality timberlands […]

Reader’s Question on Brookfield Property Partners (BPY)

A reader wrote on 6/15/13: Hi, I am long BPY as well and not too pleased with the price action as of late, by my calculation it is trading at 0.87 book value of its underlying components (GGP, BPO, RSE) even after the REIT related sell-off and yielding closer to 4.5% . On top of that, […]

Brookfield Asset Management (BAM) Investment Thesis, Part II

In Brookfield Asset Management (BAM) Investment Thesis Part I, five sources of value creation were discussed. Four of these sources have been in place for years. The fifth source, transforming to an asset manager, is the anticipated catalyst going forward. The transformation will help the market better recognize the outstanding performance and understand the value […]