E Split Corp T.ENS

Alternate Symbol(s): T.ENS.PR.A | 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

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Post by bbzzzzon Feb 08, 2024 4:07pm

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Post# 35870910

ENB earnings result at 9:30am Friday.....

What does your Crystal ball look like? Assuming that a good earnings will send ENB up with the exdate approaching and possibly bid up ENS.
The crystal ball is required here.
I always use the preferred and the equity shares to arrive at and calculate the nav plus or minus. I see a ten percent or so premium as of yesterday.
Thoughts ?
It has been a cold spell in many parts of N. America this winter, I anticipate a good earnings report. My Crystal may be clouded .
Tedz

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