For an honest, insightful and succinct view of this amazing company and it's view going forward read J. Bruce Flatt's shareholder's letter here.
Note: Infrastructure oriented companies can't be assessed by the standard metrics like P/E and P/B ratios. Cash flow/share is the best fundamental number for comparison when you have a company that owns toll bridges, hydroelectric dams and entire forests as well as malls in Brazil and the Middle East.
The truly global footprint, superb management, strong balance sheet and share price hanging close to 52 week lows makes this one of the safest and most attractive long term investments I've seen in a long time.
I plan to accumulate a position in small quantities over the next year and hold them in my personal RRSP.
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