GREY:EBGUF - Post by User
Post by
soundandfuryon May 19, 2018 10:07am
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Post# 28056267
Its a stinker of a bid?
Its a stinker of a bid?On just about every metric i look at enb is basically wanting too buy enf with no premium. Enf p/e ratio 14.9 whereas enb p/e ratio is 30. Book value of enf is 1......book value of enb is 1.3. Enf total shareholder equity 5.1 billion......total assets 5.2 billion.when was the last time you seen a takeover of a 5.2 billion dollar business with 278 million cash flow and no debt with no premium paid to shareholders ......only a 20% cut in what was supposed too be a safe secure investment? As a enf shareholder i think we deserve better.