Post by
CrazyTrader on Sep 13, 2023 10:49am
Capital (Equity and Debt) seems to be pouring in to this
company. That's not what I would expect if company going bankrupt.
??????
Comment by
oilinvestor52 on Sep 13, 2023 9:08pm
I don't see anything that is hinting towards bankrupcy. However, the prefs trading like they are going bankrupt. Probably a great long term buy.
Comment by
oilinvestor52 on Sep 24, 2023 2:59pm
Hard to imagine that Brookfield would default on the BPO prefs as it would hurt thier reputation hard. If you add up all the BPO prefs it basically adds up to a rounding error compared to the assets of the conglomerate so defaulting is unlikely. If they default on BPO or any other prefs in thier universe the entire house of cards would come off in a very substantial way.