Replies to post #200 on Brookfield Asset Management Inc (BAM)

[Investorman]

I think if we make it through 2009 we will be in good shape. An upturn may start as soon as this fall.

[Investorman]

Brookfield Asset Mgmt beats by $0.11, beats on revs (BAM) 15.08 : Reports Q4 (Dec) earnings of $0.27 per share, $0.11 better than the First Call consensus of $0.16; revenues fell 4.8% year/year to $3.01 bln vs the $2.37 bln consensus. Co says, "Our renewable power and office property businesses both produced strong operating cash flows during the quarter, which led to the overall improvement in operating cash flows. The stable revenue profiles of these businesses should provide us with a strong earnings base for 2009 and beyond. In addition, we continue to bolster our capitalization and liquidity which, at over $3 bln of core liquidity, remains at historically high levels."

[Investorman]

Brookfield Asset Management

Occasionally compared to Berkshire Hathaway (NYSE: BRK-A), Brookfield Asset Management manages various asset classes worldwide through multiple subsidiaries. Thanks to healthy liquidity that fueled opportunistic asset purchases, Brookfield reported a 48% increase in cash flow from operations in the fourth quarter, and strong cash flow for the full year.

Many CAPS members like Brookfield's solid track record of managing long-term assets, growing cash flow, and maximizing returns through cheap financing. Another plus: It maintains a 40% stake in Brookfield Infrastructure Partners. The spinoff reported a 141% increase in fourth-quarter adjusted net operating income, and global governments' increasing focus on infrastructure should bode well for its future opportunities. Overall, 97% of the 1,245 CAPS members rating Brookfield Asset Management are bullish.