Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

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 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.


TSX:ENS - Post by User

Comment by Experiencedon Apr 20, 2024 11:50am
92 Views
Post# 35999524

RE:RE:RE:RE:ENS goes from scary to a bargoon in two days

RE:RE:RE:RE:ENS goes from scary to a bargoon in two daysObscure....

Your script is exactly the "book script" when I worked on the Street.  You may well have used it yourself at one time...lol

When I worked on the Street, I had a very simple test - I woudn't sell anything unless I would buy it myself.

In terms of your comment about holders of ENS and most other splits, I believe that some holders of splits are getting more sophisticated due to their participation in SH.  Your posts have explained a lot to people and so those that read them know more than did before and can make more intelligent decisions.  On many other split share Boards, a poster called Mouserman provides the real-time premium and additional insightful comments.  It is due to this feeling on my part that lead me to say what I did about the potential price action.

Given that splits in general are relatively thinly traded, it doesn't take that many smarter investors to have a big impact one way or the other.
<< Previous
Bullboard Posts
Next >>