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.

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E Split Corp > ENB performance on The gas turbine site acquisition

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Comment by ecolo101on Aug 13, 2024 8:31am

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Post# 36176108

RE:RE:ENB performance on The gas turbine site acquisition

Share price is not just attached to financial ratio, there is a big unknown impact of how the ENB culture will impact the new acquisition and how will they efficiently take a solid operational control of this new sector. Don't forget that the new cash flow will come from this sector. It could take time.

for myself I just took the profit on ENB to redistribute on ENS to capitalize on this strong dividend.

i will be a buyer of ENB under $cdn 49. I am ready to wait on a pullback.

if it keeps going up so be it. And I am happy for the bagholders.

glta

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