Glen McMillan - Bridgemarq Real Chief Officer

BRE Stock  CAD 15.25  0.04  0.26%   

Executive

Mr. Glen McMillan is Chief Financial Officer of Brookfield Real Estate Services Inc since 2015.
Tenure 9 years
Address 39 Wynford Drive, Toronto, ON, Canada, M3C 3K5
Phone416 380 7500
Webhttps://www.bridgemarq.com
McMillan brings a depth of executive finance and operational experience to the role. He was most recently senior vicepresident at Brookfield Asset Management, where over the past four years he has managed a portfolio of more than 40 investments, orchestrating numerous acquisitions, consolidations and expansions of the businesses within the portfolio. Prior to this role, Mr. McMillan served as CFO for Fraser Papers Inc. and as vicepresident, finance, and secretary for Noranda Forest Inc. He is a chartered accountant and holds a bachelor of commerce degree from the University of Ottawa.

Bridgemarq Real Management Efficiency

The company has return on total asset (ROA) of 0.0871 % which means that it generated a profit of $0.0871 on every $100 spent on assets. This is way below average. Bridgemarq Real's management efficiency ratios could be used to measure how well Bridgemarq Real manages its routine affairs as well as how well it operates its assets and liabilities. At this time, Bridgemarq Real's Return On Tangible Assets are very stable compared to the past year. As of the 24th of November 2024, Return On Capital Employed is likely to grow to 0.38, while Return On Assets are likely to drop 0.05. At this time, Bridgemarq Real's Debt To Assets are very stable compared to the past year. As of the 24th of November 2024, Asset Turnover is likely to grow to 0.78, though Other Current Assets are likely to grow to (9.2 M).
Bridgemarq Real Estate has accumulated 68.99 M in total debt. Bridgemarq Real Estate has a current ratio of 1.73, which is within standard range for the sector. Debt can assist Bridgemarq Real until it has trouble settling it off, either with new capital or with free cash flow. So, Bridgemarq Real's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Bridgemarq Real Estate sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Bridgemarq to invest in growth at high rates of return. When we think about Bridgemarq Real's use of debt, we should always consider it together with cash and equity.

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Bridgemarq Real Estate Services Inc. provides various services to residential real estate brokers and REALTORS in Canada. The company was founded in 2003 and is headquartered in Toronto, Canada. BRIDGEMARQ REAL is traded on Toronto Stock Exchange in Canada. Bridgemarq Real Estate (BRE) is traded on Toronto Exchange in Canada and employs 15 people. Bridgemarq Real is listed under Real Estate Management & Development category by Fama And French industry classification.

Management Performance

Bridgemarq Real Estate Leadership Team

Elected by the shareholders, the Bridgemarq Real's board of directors comprises two types of representatives: Bridgemarq Real inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Bridgemarq. The board's role is to monitor Bridgemarq Real's management team and ensure that shareholders' interests are well served. Bridgemarq Real's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Bridgemarq Real's outside directors are responsible for providing unbiased perspectives on the board's policies.
Paul Zappala, Executive Limited
Philip Soper, CEO and President and President of Residential Franchise and Core Brokerage Services
Harpatap Saini, Controller Limited
CFA CFA, Managing Investments
Karen Yolevski, Chief Brokerages
Glen ACA, Chief Officer
AnneElise Allegritti, Director Relations
Sarah Gardiner, Director Relations
David CFA, Managing Services
Luc Poupart, President Limited
Aideen Kennedy, Vice Resources
Glen McMillan, Chief Officer
Sandra Webb, Senior Communications
Craig CFA, Managing Investments
Carolyn Cheng, Chief Franchising

Bridgemarq Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Bridgemarq Real a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

Pair Trading with Bridgemarq Real

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Bridgemarq Real position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Bridgemarq Real will appreciate offsetting losses from the drop in the long position's value.

Moving together with Bridgemarq Stock

  0.74PIC-A Premium Income SplitPairCorr
  0.84FFH Fairfax FinancialPairCorr
  0.67FFH-PC Fairfax Fin HldPairCorr
The ability to find closely correlated positions to Bridgemarq Real could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Bridgemarq Real when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Bridgemarq Real - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Bridgemarq Real Estate to buy it.
The correlation of Bridgemarq Real is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Bridgemarq Real moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Bridgemarq Real Estate moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Bridgemarq Real can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

Other Information on Investing in Bridgemarq Stock

Bridgemarq Real financial ratios help investors to determine whether Bridgemarq Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Bridgemarq with respect to the benefits of owning Bridgemarq Real security.