Sep. 5 at 1:54 PM
$BEP as this and BIP continue to collapse, the real estate spinoff went bankrupt and BAM begins to underperform can we all agree these spinoffs are just Brookfield scams at this point?
Spinoff poor assets, suck unsustainable dividends from them while they lose money, let them go BK, rinse repeat. BEP has survived impressively long due to a huge bump in nuclear prices but holy are their financials a mess.
"But analysts" argument will pop up again but really, they arent going to call BN out on blatent scams and sometimes even put "has the Brookfield name." as a positive. Scamsters all the way down on these.