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 maturity. The Company has a portfolio comprised primarily of common shares of Enbridge Inc. Enbridge, a North American oil and gas pipeline, gas processing and natural gas distribution company the Enbridge Common Shares or the Portfolio and intends to purchase Enbridge Common Shares from time to time in the market or through participation in future public offerings by Enbridge. The Advisor believes that the Company offers investors an opportunity to gain exposure to Enbridge, one of the worlds largest energy infrastructure companies.

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E Split Corp > Has everyone bought back in???

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Post by bbzzzzon Mar 24, 2022 11:38am

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Post# 34541563

Has everyone bought back in???

Now that we are trading at a premium and ENB has been strong and steady what can we read into the future price movements of ENS ? At a six percent premium I feel that ENS is a buy now if you need to add to this position or open a new one. I also feel that once we hit ex-dividend the premium will cushion the price drop if any and ENB may even continue to rise as domestic pipelines gain higher valuation. Sharpen your pencils and take out your future prediction calculators and post something. Energy is truly elevated to higher valuations in this environment and is a great long term hold.... Tedz

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