BAM (Brookfield Asset Management) recommended Buy @ $31.00 in Nov 2015.
Market is valuing BAM only based on current Management Fee Income and discounting prospects of further growth in Fee Generating AUM which can double over next 7 years.
Also market is discounting value of unrecognized carry, incentive income stream and Balance Sheet assets including BIP, BPY, BEP which all seem undervaued at this time.
BAM is well positioned for current downturn in Emerging Markets including Brazil and Commodity Industries and can quickly raise and deploy funds in infrastructure, property, power and other real asets.
Also BAM plans to spin off BBP to create further avenues for growth.
Another option is to sell $35 Jan2017 Puts to lock in price below $30.
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