Brookfield Office Properties Inc T.BPO.PR.A

Buzz on the Bullboards: A challenging week for the TSX amid investor caution

[pierrelebel]

I may not like his politics and policies but he is making us money! For the last several weeks Canadians see general weakness in stock prices of companies that may be affected by his possible

[pierrelebel]

Overall, about 11% lower than Dec 31/24 Jan 15/25 602,276 a decrease of 73,415 Largest decrease in P and R, largest increase in A

[pierrelebel]

Good afternoon Carena. Yes, Canadian high yield preferred shares have been strong lately and I expect the trend to continue unless the new American administration does something really stupid. ETFs

[Carena]

Hi Pierre, Definitely a positive start to the year.   Hopefully this is all part of the fabric of the BPY recovery and at the same time, it is great to see the the Canadian preferred share

[pierrelebel]

A quick table showing all nine issues of 5 year reset BPO preferred shares (using closing prices on TSE on Dec 31/24 and Jan 17/25) showing percentage gains in two and half weeks.

[Sleepytrades]

Thank you greatly for the list. The buying was spread fairly even accross the full listing, I couldn't remember. I'm sure they would have liked to have done more now,  I certainly would

[Carena]

Hi Sleepy, There may be other places to look, I took my numbers for the share repurchases from Sedi. They only purchased in Jan and Feb 2024 after the BPO prefs got the boot from the CPD ETF in

[Sleepytrades]

Did anyone keep or have access to the list of holdings they purchased?  I wonder if they saw the share price as just as good an opportunity as we all did or if it was to help the share price

[Jonathon Brown]

The TSX faced challenges as investors remained cautious, bracing for the upcoming US inflation data to gauge the Federal Reserve’s stance. read article.

[Carena]

Hi there, Some tid bits to offer on a snowy Monday morning: (i) I was reading an article in the WSJ over the weekend and the reasoning for the the spike in longer term rates is due to investors

[rodbhar]

I'm holding until $20. But I also realize that pref owners are the most easily panicked investors in the world. In 2016 they panicked because interest rates fell. In 2023, because interest rates

[pierrelebel]

As I like to tell my wife: more luck than brains! Still a (paper) profit of more than $1,000 on that trasaction from early last week is OK.  A (paper) gain of more than $11,000 on our BPO.PR.T

[Carena]

Hi Pierre, The "devil" seems to be taking good care of you ...lol! Have a great day! Carena

[oilinvestor52]

I agree with your assessment that this is permanent capital and personally hope they do not renew their NCIB. So the great benifit is to us is that retail investors can buy heavily discounted prefs

[SONOFFERGUS]

Hey Pierre.  HNY. It's on my calendar too.  I think renewal is a virtual certainty given BN's story that everything is cool in the property group.  That said, BPO prefs were

[Carena]

Hi Pierre, They purchased 1.1 million shares of the various pref series for $13.5 million between the middle of January and the end of February 2024. I think they will renew it as they always have