RE:RE:GIVE it time ALL good things will happen.I remember people screaming about ENB buying Spectra back in 2016-2017. They took on a huge amount of debt to do the deal. At the time, we only held ENF and not ENB so it really didn't matter to us. We only eventually got into ENB when they rolled up ENF in mid-2018.
As an aside, my favourite sector over the last number of years has been midstream/pipelines. We've held PPL, KEY, TRP, and ENF/ENB for quite a few years and the 4 make up 38.9% of our entire portfolio. There's been a few bumps in the share price but we don;t really care as we are dividend growth/income retiree investors. Other then KEY taking a short pause, the 4 companies always seem to increase their divy every year.
As an aside part 2, many of the big take-overs have failed miserably so I understand some might have concerns about Zipfy. I actually think it's a very good move for a number of reasons including focusing on the core business, diversifying outside of the broken Canada, etc. It's also not that large a deal when compatring the pruchase price to BCE's total market cap (especially before the correction)
People will just need to have patience. We're actually planning on adding more in the new year in our TFSAs.
Ciao
Sarge
Ocalaman wrote: I have held enb for 15 years and never heard people hollering to sell it. It's done nothing but make money for me.