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

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TSX:ENS - Post Discussion

E Split Corp > Quick hits

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Post by Obscure1 on Feb 17, 2022 4:59pm

Quick hits

Thanks to those that have reached out. Since SH isn't set up to do bulk blasts, I will post updates here to save time. When it's time to buy back into ENS, I will PM you first.

* ENS performed worse than ENB today * Real Time NAV $15.01 * ENS @ 1.4% discount

* ENS didn't perform as well as expected while ENB was rising before ENB went ex-divy and since then, ENS hasn't performed as badly as expected.

* The market for ENS has become more efficient than it was, but not completely. I don't expect ENS to ever trade with complete efficiency as most investors don't care about the small stuff.

* Middlefield will be unhappy with the new ENS efficiency as it eliminates the opportunity to raise more money. The same efficiency should produce a sigh of contentment for "buy and hold investors" of ENS.

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