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Bullboard - Stock Discussion Forum E Split Corp T.ENS.PR.A


Primary Symbol: T.ENS Alternate Symbol(s):  ENSRF

The objective of the Class A shares is to provide holders with non-cumulative monthly cash distributions and the opportunity for capital appreciation through exposure to the portfolio. And The investment objectives for the preferred shares is to provide holders with fixed cumulative preferential quarterly cash distributions and return the original issue price of 10.00 Dollars to holders upon... see more

Bullboard (TSX:ENS)

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Post by Obscure1on Dec 05, 2023 5:32pm

Price target for amusement purposes only

Ganyman: In order for the NAV to increase, the ENB shares have to go back.  An increase in the Premium to the NAV from its current 10% premium would also increase the ENS share price but I'm ...more  
Comment by Obscure1on Dec 05, 2023 4:09pm

RE:RE:Update

Experienced: You are correct about the Premium to the NAV fluctuating.  Based upon looking at the overlapping charts of ENS and ENB, it appears that the Premium as a percentage of the NAV falls ...more  
Comment by Experiencedon Dec 05, 2023 2:08pm

RE:Update

Nice analysis Obscure One caveat to your scenario is that investors continue to be willing to pay a premium to NAV at current levels.  If that sentiment were to change then the price of ENS ...more  
Comment by Ganyman61on Dec 05, 2023 12:18pm

RE:Update

Great post with alot of useful information. What's it going to take to increase the nav of ens is it simply Enbridge shares rising?
Post by Obscure1on Dec 05, 2023 11:40am

Update

I have been busy. Middlefield found a way to do a Raise while the Premium to the NAV was only 17%.  That caught me a bit off guard as I don't know how they were able to cover the costs ...more  
Post by Obscure1on Nov 24, 2023 8:33pm

Up again

ENS had another good day today as the share price has increased 6 days in a row.  That's a good thing. On the negative side, the price of ENS outpaced the ENB share price again today.  ...more  
Post by Obscure1on Nov 22, 2023 11:43am

Ex dividend

Holders at the close of the market next Wednesday are entitled to receive another $0.13 distribution Every bloody month. Gotta love this stock The Premium to the NAV keeps hanging around 13% which ...more  
Post by Obscure1on Nov 17, 2023 10:00am

Live premium to NAV is 13%

ENS is my favourite holding these days. Collecting 13.3% with almost zero risk of the divi being cut while we wait for lower rates is about as good as it gets in this market.  With the economic ...more  
Post by Obscure1on Nov 15, 2023 3:10pm

Middlefield treatment of ENS NAV after ENB ex-divi

I started keeping track of the daily numbers on Sept 21st.  Therefore, yesterday was the first time I was able to see how Middlefield treats the NAV after ENB starts trading ex-dividend.  ...more  
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