Brookfield Asset Management Voting Ord Shs Class A T.BAM

Stockchase Insights

[retiredcf]

BUY

 

Brookfield Asset Management (A)

(BAM.A-T)

February 12, 2021
 

Billy Kawasaki’s Insights - Billy’s most-liked answers from 5i Research. The CEO has said he thinks shares are undervalued by around 40%. The results look fine to 5i. Cash flow per share strongly outperformed estimates at $1.34 instead of 66 cents. It was the company’s best quarter ever with a dividend increase of 8%. 

 

MANAGEMENT/DIVERSIFIED

Stockchase Insights 

 

Price

$54.490

Owned

_N/A

[TickBomb]

This is wrong.  The CEO actually thinks it's undervalued by 60%.  BNN and everyone is looking at their 2020 start plan value, not their 2020 end.  Everyone quotes $57, not $66 for some reason.  Maybe let 5i know that too.   "The Value of Brookfield based on our published plan value metrics was $57 at the start of 2020 and $66 at the end." Flatt's

[Jsboutin]

I think they're going with 1-42/66 = 36,4%. "The stock is trading at 40% less than the plan value" and "the stock should trade 60% higher to reflect its plan value" are roughly equivalent statements. 

[TickBomb]

Ya lol, well that's not what the BNN article said: "Bruce Flatt, Brookfield chief executive officer, said in a letter to shareholders Thursday that he believes the true value of the company is closer to US$57 a share, or roughly 40 per cent more than its closing price of US$41.02 on Wednesday." 57/41 - 1= 39% They link to the 2020 start $57 plan value.  Plus the title is

[argon12]

Show me a CEO. that doesn't think his stock is undervalued.' Maybe get Elon Musk on the board of BAM. I bet the stock would go up 25% in one day on that announcement. BAM still does a poor job of making the world aware of its plans.  CNBC gives more air time to Chippotle or Peleton. BAM NEEDS A Whole new PR department.