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Brookfield Business Partners Units BBU

Alternate Symbol(s):  T.BBU.UN

Brookfield Business Partners L.P. is a Bermuda-based business services and industrial company. The Company is focused on owning and operating businesses that provide essential products and services. The Company's sole direct investment is managing a general partnership interest in Brookfield Business L.P. (Holding LP), through which the Company holds all of its interests in its operating businesses. Its segments include Business Services, Infrastructure Services, and Industrials. The Business Services segment leverages operational expertise and scale of the Brookfield platform. The Infrastructure Services segment provides services and products for large-scale infrastructure assets. The Industrial segment includes advanced energy storage operations, and engineered component manufacturing. The Company's operations are located in the United States, Europe, Australia, Canada and Brazil. The Company is a listed vehicle of Brookfield Asset Management’s Private Equity Group.


NYSE:BBU - Post by User

Post by sam2100on Jan 07, 2019 1:36am
65 Views
Post# 29193497

re: BBU 2019

re: BBU 2019Well it's been an interesting 2018 and quite the stock market sell off during the last 3 months. The sell off being caused by; weaker than expected earnings, the Fed tightening, usa-china trade tensions and trump antics etc. There was some constructive stock market news during last Friday; most importantly Powell has signaled that he may be more accommodative than anticipated in relation to interest rates, strong jobs report and the usa-china trade meeting during this week.................................................. Graftech has performed incredibly well for BBU during 2018 however the Graftech earnings growth has most likely peaked and BBU has started to exit the position. 2019 could be a very good year for BBU. BBU owns substantial positions and large investments in; JC Power solutions, Westinghouse, TK, BRK Ambiental and Multiplex. I hope that Westinghouse and BRK Ambiental will contribute significantly to BBU's earnings during 2019 and 2020. Westinghouse's earning could be generated by an overall company revitalization and organizational changes, also considering that they no longer have to deal with the issues/debt from building nuclear plants. BRK Ambiental could be awarded new concessions since the Brazil government is now stable and Bolsonaro has stated to the press that he is in favour of the privatization of more government services. BBU had previously stated that the issues at Multiplex would be resolved by mid-2018. Unfortunately, this has not been the case as new issues have arisen. It would nice to see the issues at Multiplex resolved and this would add about $100 million/year in FFO to BBU's earnings. JC Power Solutions is already profitable so their earning should be added to BBU's during the second half of 2019. So, it could be a very good year for earnings growth for BBU during 2019. Hey James, happy new years. Sam
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