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Bullboard - Stock Discussion Forum E Split Corp T.ENS

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

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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Comment by Experiencedon Jul 10, 2024 5:02pm

RE:The limited upside potential of the Prefs

Obscure....thanks for your response.. I assume you are talking about the ENB prefs. One thing you are forgettting when you say that they are trading at the top of their range for the last five years ...more  
Comment by Experiencedon Jul 10, 2024 8:02am

RE:RE:RE:RE:RE:keep an eye on the Prefs

Ct......agreed How they proceed will depend on a decision made by the CFO looking at the capital structure of the company and discussions with their bankers and financial advisors regarding financing ...more  
Comment by cttglvron Jul 09, 2024 10:29pm

RE:RE:RE:RE:keep an eye on the Prefs

Thanks Experienced. I hope you're right. I doubt they'll issue preferreds. I hope it's pure debt as a bond. DBRS just upgraded Enbridge to a PF 2 low. Am I correct in thinking this would ...more  
Comment by Experiencedon Jul 09, 2024 6:58pm

RE:RE:RE:keep an eye on the Prefs

Great post as usual Obscure... Let me offer some additional thought and considerations... ENB, in order to complete the acquisition of the utilities can raise the money three ways - pure debt ...more  
Comment by Obscure1on Jul 09, 2024 3:21pm

RE:RE:keep an eye on the Prefs

One's cost base is irrelevent except for tax purposes.  If history repeats itself, ENB will raise money at a significant discount.  The $4 billion (+ $600k green shoe) was done at $44 ...more  
Post by Obscure1on Jul 09, 2024 10:54am

The limited upside potential of the Prefs

I have a lot of respect for Experienced's stock advice.   Saying that, I have to disagree with his last post where he speaks about the growth potential of the Prefs after a 3-6 month ...more  
Comment by Snowsnakeon Jul 09, 2024 7:57am

RE:keep an eye on the Prefs

Is it your thinking that if/when ENB announces a raise, the plan is to sell ENS, then after the share price has dropped, buy back, thereby lowering your average cost and increasing the return on your ...more  
Comment by Experiencedon Jul 09, 2024 3:41am

RE:keep an eye on the Prefs

Obscure....thanks for the heads up. I don't own any ENS prefs but do own ENB prefs as I have mentioned before.  I added to those holdings  about three weeks ago and they are up 8.5 ...more  
Post by Obscure1on Jul 08, 2024 8:51pm

keep an eye on the Prefs

Middlefield raises money every time the Market price of the Unit exceeds the NAV of the Unit by a well defined percentage. ENS investors have remained pretty disciplined but the Premium on the Prefs ...more  
Post by ecolo101on Jul 08, 2024 2:38pm

Pressure on ENB stock price

Before the stock emission pending to striking share price, keep ENS going down. Perfect timing to get in right now.  you will be happy in two three year down the road and collecting 14 ...more  
Post by ANALOG GUYon Jul 08, 2024 2:13pm

Filled at $11.01

3000 shares  ENB trickling down almost daily  Willing to buy more ENS in the future  Paid the $.13 monthly dividend uninterrupted since 2019 as far as I can tell  GLTA
Comment by Beuleron Jul 03, 2024 3:52pm

RE:RE:Added 5,000 shares this morning

Bought in 2020, 6.24 in payouts, down a dollar on the sp. Wish ide sold more at 17 but still at an overall gain, started adding again. 
Post by Obscure1on Jun 28, 2024 10:42am

ENS is a bit oversold today

With ENB up $0.24 at the moment, ENS should be up $0.105.  Taking the divi into account, ENS should only be down $0.025 instead of being down $0.08.  Since there are only 100 shares on the ...more  
Comment by Experiencedon Jun 27, 2024 10:10pm

RE:RE:RE:RE:RE:Added 5,000 shares this morning

Obscure...I continue to be in awe of your math skills....lol
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