agreed, but you should consider selling TIM opportunistically...

agreed, but you should consider selling TIM opportunistically when it gets bid up and TIMPB does not,

On BEPPA, I have a few and am tempted to buy more; hedge strategy does not work as, if BBI shows signs it is doing well, it could go up many times. BEPPA return is one of the best but i would rather wait for a bit.

Have you checked out MXUPA? 59% per annum return to Apr 2010. And no equity as is now owned by large and creditworthy Brookfield Asset Management. That is why holders of SITES (as they are called) are selling I guess. Uncertainty if no equity. But press on Brookfield is very positive (see MXG thread for article on Brookfield; they have $20 billion war chest);

New article today from Google News:
Brookfield Asset Management unit acquires GMAC Home Services
9 hours ago

TORONTO — The Brookfield Residential Property Services division of Brookfield Asset Management Inc. (TSX:BAM.A) has agreed to buy GMAC Home Services, a U.S. provider of home financing, real estate brokerage and relocation services.

The price was not disclosed Tuesday.

"Notwithstanding the recent market turmoil, this acquisition represents an important opportunity for us to expand in the U.S. market for residential property services and we believe we are well positioned to grow our market share once this difficult period of adjustment is behind us," stated George Myhal, senior managing partner at Toronto-headquartered Brookfield.

In Canada, Brookfield already controls property service companies Royal LePage, La Capitale, Johnston & Daniel and Centract.

In the GMAC deal, it will acquire GMAC Global Relocation Services, GMAC Real Estate and GMAC Home Services Mortgage, with a presence in 47 American states as well as Europe and Asia.

Following the acquisition, the Brookfield unit will have one of the largest relocation companies in the world, with almost 30,000 agents, based out of 1,500 locations across North America.

"This transaction will combine GMAC Home Services' global operations with our businesses, to create a platform for long-term North American and international growth," stated Graham Badun, head of Brookfield Residential Property Services.

"This acquisition is evidence of our belief in the long-term opportunities for growth in the U.S. residential property services market."

John Bearden, president and CEO of GMAC Home Services, said the sale to Brookfield "allows us to join a globally recognized and respected real estate and relocation services organization."

"This move will enhance the ability of two world-class organizations to pursue opportunities on a global scale," he said. "Given that both organizations have similar industry expertise and strong commitments to client service, we expect to quickly achieve the full potential represented by this transaction."

GMAC, formerly General Motors Acceptance Corp., was a wholly owned financial services arm of automaker General Motors until GM's 2006 sale of a 51 per cent interest to an investment group led by Cerberus Capital Management.

In trading Tuesday on the Toronto Stock Exchange, Brookfield Asset Management A shares rose 14 cents to $28.06.