Brookfield Office Properties Inc T.BPO.P.A

@ the Bell: TSX ends September on a low note

[Jon Brown]

Canada’s main stock index ended lower on Friday under the weight of declines in the energy and utilities sectors. read article.

[CrazyTrader]

I like to know both sides of the coin, the Good and the BAD.   Most of the time you only hear about the Good.    Shareholders/posters refuse to see/talk about the BAD.   

[CrazyTrader]

6.44% sound pretty good!   Posters/people saying this sector couldn't get capital for less than 9% if at all.    As for paying the dividends.....  I'm not going to

[oilinvestor52]

Sit back and enjoy the dividends. I doubt they will stop paying the prefs. Prob the buy of the decade if you have some nerve. I see Riocan just announced a unsecured debenture at 6.44%. Not too bad. &

[CrazyTrader]

"Now, that has nothing to do wirth BPO preferred shares.  They trade based on more folks selling than buying." ..... Yes and No. You need income ($$$$) to be able to pay

[CrazyTrader]

entire business....... where as "Condensed Consolidated Income Statements" is only reporting on part of the business.    If company can make $374M in Q2 in "other

[CrazyTrader]

It sounds to me "Comprehensive Income" includes everything, the entire business..... where as the other income statement is only part of the business.    Sounds like half TRUTHS

[pierrelebel]

"Net (loss) ($458M) for the three months ended June 30, 2023 was $(458) million compared to net income of $520 million for the same period in the prior year. The decrease is primarily

[CrazyTrader]

Condensed Consolidated Income Statements           Condensed Consolidated Statements of Comprehensive Income For Q2:     Loss of $458M    vs

[Jon Brown]

Shaky metal prices were offset by a jump in oil prices. The TSX’s gains were limited by weakness among healthcare shares. read article.

[CrazyTrader]

For example, if the 5yr rate is 5% when the C's reset, the rate will be 10.18% !!!! compare that to BPYP.PR.A   6.25%.   At C's current share price that would send the

[CrazyTrader]

Not sure how to reconcile such a difference.

[CrazyTrader]

giving a yield about 11.25.     That's about "pari passu" to yields on BPO's prefers......... BUT  BPO's are 5yr reset !!!!     While BPY vs

[CrazyTrader]

So I contacted Investor Relations.    I was told BPO units are Pari Passu to BPY units. BPO Prefers fall under the Equity section of "Non-controlling interest attributable to"...

[CrazyTrader]

BPY balance sheet grew $17 Billion in 6 months!   That's Crazy.     I assume company is "rebalancing", adjusting to higher interest rate enviorment by adding

[CanSiamCyp]

Correct! But other posters have gone so far to imply that the entire Brookfield universe was in danger of imploding ... and that is why I shared this news tidbit! Cheers!

[pierrelebel]

Affected issues are (deep breath): BN.PF.A, BN.PF.B, BN.PF.C, BN.PF.D, BN.PF.E, BN.PF.F, BN.PF.G, BN.PF.H, BN.PF.I, BN.PF.J, BN.PF.K, BN.PF.L, BN.PR.B, BN.PR.C, BN.PR.K, BN.PR.M, BN.PR.N, BN.PR.R, BN