Brookfield Properties Corp.

BPO-N

0.00
0.00 (0.00%)
This company is not ACTIVE.

Analysis and Opinions about BPO-N

Signal
Opinion
Expert
PAST TOP PICK
PAST TOP PICK
August 10, 2015

(A Top Pick June 6/14, Up 4.55%) Matures April 9, 2019. It is a credit that he always likes, they take advantage of the bond market, produce good returns and they have a strong balance sheet. Beats inflation and you earn your money back in a relatively small time. You earn something.

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(A Top Pick June 6/14, Up 4.55%) Matures April 9, 2019. It is a credit that he always likes, they take advantage of the bond market, produce good returns and they have a strong balance sheet. Beats inflation and you earn your money back in a relatively small time. You earn something.

PAST TOP PICK
PAST TOP PICK
August 29, 2014

(A Top Pick Sept 20/13. Up 30.18%.) This has now been absorbed into the parent. She had actually sold her holdings. Hasn’t really had any exposure to the REIT sector, except for this one, over the last several years.

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(A Top Pick Sept 20/13. Up 30.18%.) This has now been absorbed into the parent. She had actually sold her holdings. Hasn’t really had any exposure to the REIT sector, except for this one, over the last several years.

TOP PICK
TOP PICK
June 6, 2014

3.95% Bond Maturing Apr 9/19. Good relative yield compared to other bonds in the market. ‘A’ rated.

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3.95% Bond Maturing Apr 9/19. Good relative yield compared to other bonds in the market. ‘A’ rated.

TOP PICK
TOP PICK
September 20, 2013

REIT space got crushed a bit when interest rates ticked up, so she avoided that space but this one is the one she owns. They had an overhang with vacancy in Manhattan. She expects an announcement from the company in the next while. They are trading at a discount for a temporary reason. A few years and people will look back on this saying they got through it.

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REIT space got crushed a bit when interest rates ticked up, so she avoided that space but this one is the one she owns. They had an overhang with vacancy in Manhattan. She expects an announcement from the company in the next while. They are trading at a discount for a temporary reason. A few years and people will look back on this saying they got through it.

DON'T BUY
DON'T BUY
October 16, 2012

(Market Call Minute.) Stay away for the time being. Have to get some of their offices leased up in New York City right now.

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(Market Call Minute.) Stay away for the time being. Have to get some of their offices leased up in New York City right now.

TOP PICK
TOP PICK
July 20, 2012
One of the few large cap blue-chip names that trades at a material discount to its NAV. Very volatile. Assets in Canada, US, Australia and London. (Although he is using the New York exchange, he suggests that viewers use the TSE instead.)
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One of the few large cap blue-chip names that trades at a material discount to its NAV. Very volatile. Assets in Canada, US, Australia and London. (Although he is using the New York exchange, he suggests that viewers use the TSE instead.)
TOP PICK
TOP PICK
October 21, 2011
(A Top Pick Aug 20/10. Up 5.79%. ) Trading back at 2007 levels. Cash flow has done nothing but grow and cash flow is higher. Merrill Lynch is leaving their Manhattan offices giving them about 2 million square footage that they will have to lease. NAV is about $18.50. Very cheap and worth about $20.
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(A Top Pick Aug 20/10. Up 5.79%. ) Trading back at 2007 levels. Cash flow has done nothing but grow and cash flow is higher. Merrill Lynch is leaving their Manhattan offices giving them about 2 million square footage that they will have to lease. NAV is about $18.50. Very cheap and worth about $20.
PAST TOP PICK
PAST TOP PICK
August 4, 2011
(A Top Pick July 15/10. Up 22.32%.) Great quality portfolio. AAA luxury offices in Toronto, Ottawa, Calgary, Manhattan and Washington. This would be a strong Buy now.
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(A Top Pick July 15/10. Up 22.32%.) Great quality portfolio. AAA luxury offices in Toronto, Ottawa, Calgary, Manhattan and Washington. This would be a strong Buy now.
BUY
BUY
May 17, 2011
Brookfield Properties has done a lot of restructuring. It is a play on international, specifically in New York. The leasing market is now stable in New York and Chicago. Thinks BPO will outperform over the next few years.
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Brookfield Properties has done a lot of restructuring. It is a play on international, specifically in New York. The leasing market is now stable in New York and Chicago. Thinks BPO will outperform over the next few years.
PAST TOP PICK
PAST TOP PICK
November 17, 2010
(Top Pick Jan 19/10, Up 39%) Core holding, great company, low leverage, sustainable payout ratio. It is reaching full value so he doesn’t add to it.
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(Top Pick Jan 19/10, Up 39%) Core holding, great company, low leverage, sustainable payout ratio. It is reaching full value so he doesn’t add to it.
TOP PICK
TOP PICK
August 20, 2010
Good assets, good management, low payout and lower leverage. Entering into Australia. Divesting their residential business. Will be the global landlord for major companies.
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Good assets, good management, low payout and lower leverage. Entering into Australia. Divesting their residential business. Will be the global landlord for major companies.
HOLD
HOLD
July 27, 2010
Very high-quality business. One of the largest office property owners in North America. About 3.5% dividend yield.
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Very high-quality business. One of the largest office property owners in North America. About 3.5% dividend yield.
TOP PICK
TOP PICK
July 15, 2010
Premier office portfolio, Toronto, Los Angeles, Manhattan and Ottawa. Great management, great balance sheet and low payout ratio.
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Premier office portfolio, Toronto, Los Angeles, Manhattan and Ottawa. Great management, great balance sheet and low payout ratio.
BUY
BUY
April 1, 2009
8.7% April, 2017 Bonds are giving a 12.25% yield to maturity. Trading at $67 and you hold until it matures. Good name but doesn’t trust the stock to move up significantly.
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8.7% April, 2017 Bonds are giving a 12.25% yield to maturity. Trading at $67 and you hold until it matures. Good name but doesn’t trust the stock to move up significantly.
COMMENT
COMMENT
January 29, 2009
Thinks the dividend is safe. Have some of the best assets. Sold his holdings because real estate was having difficulty, especially the high end where there were a lot of job losses. Owns Brookfield Asset Management (BAM-N), which owns almost 50%.
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Thinks the dividend is safe. Have some of the best assets. Sold his holdings because real estate was having difficulty, especially the high end where there were a lot of job losses. Owns Brookfield Asset Management (BAM-N), which owns almost 50%.
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