Enbridge Income Fund Holdings Inc. EBGUF

RE:RE:new issue 27.80

[gashole]

2.26 dividend next year, shares at $29 currently, forward yield is 7.8%. I dont see this staying at these levels for long. I think if you go long on this, if they do 10% per year until 2020 as they are saying, the shares could be high 30's to low 40's depending on how they execute. I am buying more on  any weakness. 30% to 40% share price gain plus dividends could get me to retirement earlier. I own 20k shares of ENF, and am willing to double my holdings. 

jgzeger wrote:

pennydredful wrote:
is  over   subscibed

Then perhaps it won't be as bad a morning as I feared.