Brookfield Office Properties Inc T.BPO.PR.A

Sonoffergus, how do you like your R's ??? I see you passed

[CrazyTrader]

on the chance to easily load up on the E's.

[CrazyTrader]

Not saying much Sonoffergus?  No Thank-You for the Shares?

[SONOFFERGUS]

Oh hey CrazySeller. Lol, I forgot to report my trades to you. I happily added to my Es in the $12s and low $13s from mid-June through July as TD and RBC fed them to me on the daily. Es and Cs should trade together with a price gap -- CY 9.88% v 9.27%, FS 7.12% v 7.85%, min div 9.17% v 9.09% on closing prices of $13.90 and  $16.50, respectively. In terms of C's price, Es buy 11.73% CY,

[CrazyTrader]

Hey Sonoffergus, you ask what have I've been doing?   I've significantly trimmed down on BPO.    I'm not planning to buy back.    RISK....  I just don't see how BPY can get back to Profitability.... It's all about Interest Rates, BPY has NO CONTROL over rates.    Interest Expense just going through the roof.    No, I

[SONOFFERGUS]

Oh CrazySold. Rates are coming down, no?  Mr. Market is ttransitioning out of tech and into Russell2K on the macro theory that lower short-term rates benefit lesser credits.  Same deal for real estate -- all else equal, lower short rates are positive. Try BBU, which holds a bunch of companies with floating debt and will rock when rates finally drop. As has been said many times here

[CrazyTrader]

Sonoffergus, I'm making 1/2 the yield now in LIQUID, RISK FREE investments.   Making extra 4-5% not worth the INCREASING Risk, for me.    But the Cazy Dividends were never the Primary Reason for buying, I was looking for CAPITAL GAINS on share price.  That's were the REAL money is made.   That I will lose out as BPO will most likely continue up. I don

[CrazyTrader]

Sonoffergus, your reasoning seems sound under "normal" times, but we are in an INVERTED YIELD CURVE market.... And it's getting worse.... Notice how rates/yields on long term TANKED on slight decrease in BoC rate... and the FEDs didn't cut at all. Everything is upside down right now.