Brookfield Office Properties Inc T.BPO.PR.T

BPO - The last 8 months

[pierrelebel]

BPO Preferred Shares		Updated August 23rd 2024
Price Aug 23	Dividend	Yield	Dec 23	Gain $$
BPO.PR.A
13.44	1.176	8.75%	8.35	5.09
BPO.PR.C
16.90	1.528	9.04%	12.17	4.73
BPO.PR.E
14.08	1.376	9.77%	10.50	3.58
BPO.PR.G
15.26	1.636	10.72%	10.40	4.86
BPO.PR.I
14.64	1.588	10.85%	10.25	4.39
BPO.PR.N
12.05	1.000	8.30%	7.50	4.55
BPO.PR.P
12.27	1.132	9.23%	7.41	4.86
BPO.PR.R
12.75	1.076	8.44%	7.85	4.90
BPO.PR.T
15.23	1.696	11.14%	11.05	4.18
Average		9.58%		4.57

[Carena]

Good evening Pierre, Thanks for the info.....may I add the following: Total % gain before cash div yield: BPO.PR.A - 61% BPO.PR.C - 39% BPO.PR.E - 34% BPO.PR.G - 47% BPO.PR.I - 43% BPO.PR.N - 61% BPO.PR.P - 66% BPO.PR.R - 62% BPO.PR.T - 38% Incredible returns for all of us BPO pref holders. Have a good night, Carena

[pierrelebel]

Hi Carena "BPO.PR.A - 61%" That's right, the "A" was grossly oversold in late December and many of us took advantage. My wife and I were buying at $8.10 and sold in March for a substantial capital gain once the "A" recovered - more or less in line with the other BPO issues.  We may have sold early but... a bird in your hands beats two in the bush. The

[SONOFFERGUS]

Our diamond hands have paid off nicely!  Look down and see them sparkle lol. I think/hope that as prices normalize -- $17-handle for the Cs! -- FOMO will kick in hard. Pierre, I know that you look at ATS trades.  I noticed closing prices were wildly different between TSX and ATS yesterday for Es ($14.15 v $14.46) and Cs ($17.11 v $17.36).  I guess illiquidity is part of it but

[pierrelebel]

Good afternoon SONOFFERGUS As you know my wife and I are long term investors, not short term traders.  As such, the daily fluctuations are of no concern to us.  On the other hand the gap between BID and ASK in most preferred share issues is scarry if one has to sell a large number of shares in a short period of time. In Canada, that wide spread problem is compounded by the lack of

[SONOFFERGUS]

Indeed.  My curiosity was piqued by my beloved Es trading at much lower prices on TSX vs. Omega and friends for the past week or so.  Resolved today -- don't read this CrazyWatcher -- with Es hitting $14.68 on TSX. I'm always interested to know how retail is getting ripped off.  I wish there were a way to direct trades to ATS given the significantly different prices that

[pierrelebel]

"I'm always interested to know how retail is getting ripped off." I do not know if "ripped off" is the right choice of words. In theory the broker (usually bank) has the responsability of getting the best price for the client whether you are buying or selling on the exchange offering the best price.  However, the reality is that most brokers (banks) also act as

[SONOFFERGUS]

Occam's razor.  If alternative trading systems exist and retail can't access it, brokers win and we lose.

[CrazyTrader]

"Since they ALL make money, it has to come from someone....."    "I'm always interested to know how retail is getting ripped off."     "All I can say is that I am not impressed with the lack of service and communication towards shareholders for an organization worth hundreds of billions of dollars.."    YEP.....