Brookfield Property Partners L.P. BPY

My prediction

[Lacas24]

Gap down to 11.10-11.30 Friday-Monday. In a month 13.50. While RioCan still glued at 15 CAD

[CANCDN]

If it wasn't for artificial support from offering, BPY would have not moved or dropped in this period. RioCan has slowly been creeping up. Little by little which is exactly what I want.  keep paying management fees more than the FFO. this gap down will result in reit investors moving to less risky reits and RioCan will be a beneficiary. Friday up for RioCan, down for BPY. im

[Lacas24]

I am done with you. It is completely pointless to have an argument with such a narrow minded individual. Go back to the RioCan board and enjoy your imaginary gains. Trust me. We will be more than ok without you.

[CANCDN]

You can still be done with me, but why not refute me with some facts. why is bpy unit holders paying bam 200 million a quarter in management fees when FFO is 178 million. why would bpy not pay mortgage even for non recourse when this will cost unit holders many times down the road with higher interests rates for loans as this is going to hammer bpy credit rating why was bpy rent collection for

[Someguy]

I feel like the real question here is will the sp take a higher percentage hit than the dividend? Probably, might be worth it to sell now then buy back next week when its down 10%. 

[Lacas24]

That is the million dollar question. If the REIT sector wouldn't be in the dump i would have no worries. Once the anchor is lifted it could dump deeper than the 3.5%. Although just remember what happened around the last dividend. Dumped 15% then shoot up all the way to 14.50.

[Lacas24]

Ok. One last time. BAM is not running a charity. If they implement a 12$ hard cap and people stupid enough to give them their shares then that's not their problem. If you would run a business you would try the lowest offer first. No? About the management fees. This is temporary. We all know that. Stop comparing FFO in the hardest time ever in commercial real estate. Most of the FFO is coming

[thenewsnake]

If BAM is  not running a charity why didnt they just continue the NCIB at 15% lower?