Has anyone read the reports.... If you are a shareholder take time to read the reports and news releases to find that earnings were affected by ( new ) accounting adjustments in depreciation and retained earnings.
If you eliminate these adjustments and take into account the gains made with Stelco and the Brazilian stock exchange shares ( to be reported next quarter) you will find a great longterm diversified global investment company with solid management. Management in this case is everthing !!
Bam is a mixure of Onex with a strong dose of Warren Buffet style investing rolled into a future looking emerging markets fund.
This Bam is into Australia now with doors opening in India and HongKong- China -- Brazil , USA and Canada is the base .
I can go on and on but please post some info after you have read about the vast tentacles this management team is spinning globally and how accounting reporting affects earnings and cash flow.
Bam is about cash flow , which is increasing quarterly .
I presume that most people here a looking for a quick trading gain which may not happen with BAM but .....you never know .... someone may take the time to read the reports and do some DD some day .
It may be discovered yet !!
Tedz