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 ENSPF


Primary Symbol: T.ENS Alternate Symbol(s):  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

<< Previous
Bullboard Posts
Next >>
Post by Obscure1on Jun 28, 2024 10:42am
187 Views
Post# 36110677

ENS is a bit oversold today

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 bid at $11.14,  ENS is essentially down $0.11 or more if you are trying to sell.  Therefore, it is a day to buy if you are so inclined. 

The lack of liquidity for ENS creates inefficiencies that alllow for trading opportunities most days. 

In acknowledgement of Experienced's good natured jab, I typically only trade 5% of my position with the balance in "set it and forget it" mode.  

<< Previous
Bullboard Posts
Next >>