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Bullboard - Stock Discussion Forum 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... see more

TSX:ENS - Post Discussion

E Split Corp > Investor burnout?
View:
Post by Obscure1 on Jan 13, 2022 12:45pm

Investor burnout?

Maybe ENS investors are fed up with seeing the price of their shares getting hammered down by close to a dollar 5 different times in the past 9 months at the hands of Middlefield building its asset base.
Comment by Kylemcc10 on Jan 13, 2022 1:29pm
They should've looked at what they were buying. I gladly bought yesterday now that the premium has shrunk 
Comment by Obscure1 on Jan 13, 2022 2:14pm
A RBC salesmen calls up a client and says: "We have a very short (as in overnight) window of opportunit to buy a new issue at $0.45 below the market price that yields 11%.  It is a fund that has Enbridge as its only investment which is one of if not the safest investments on the stock market.  As a new issue, there is no commission" The client, who is relying upon the ...more  
Comment by Experienced on Jan 13, 2022 2:40pm
Good points!! I would however disagree with the highlighted sentence.  When people hire a broker/financial advisor,  they expect that that person has done the necessary due diligence on their behalf and that is what they are paying that person for. What this really reveals is the dark underbelly of the financial services industry where they are really wolves in sheep's clothing ...more  
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