Enbridge Income Fund Holdings Inc. EBGUF

Last Chance sale ENB/ENF

[stocktalk]

ENB miss on 3 cents is nothing, this is a buying opportunity as per Bruce Campbell/BNN. He stated
he would buy at these prices.ENF will obtain more drop downs pipes, both from ENB and Spectra. Everbody needs natural gas and oil. Buying both tomorrow morning  !!

[mnztr]

When they receive more assets I assume they issue stock ?  I did buy a half lot in case this is a tecnical breakdown and I need to double down..

[autofocus111]

Exaclty, and this is IMO the fear that drove the stock down... the fear of dilution. ENF did an equity raise earlier this year, and unless I'm mistaken, they inidacted at the time that they would not need to do another one through 2018 (need to verify this though). Now if ENB has to raise more cash to fund their growth plan, it's possible they will look at another dropdown to generate it

[TG1960]

Year to date, the fund group has brought over $2.4 Billion of new projects into service on budget, and is also expecting the $1.3 billion wood buffalo extension project to come into service before year end....####yst lower there ratings...2faced self serving weasels....downgrade debt by credit agency...another laughable bunch...the same ones that had the hand in the cookie jar back before the

[jgzeger]

This post has been removed in accordance with Community Policy

[tallpall]

  I've just joinned you as a first time buyer of Enbridge (EBGUF) this morning.  A bit surprised my stink bid of 22.25 got taken but happy to be aboard for the long haul.  Good luck to all of us!

[autofocus111]

Welcome to the 7% dividend club :)  I last added to my ENF holding at 24.50 back in the 'panic' of late Jan 2016. I may add a bit more if this silliness continues. ENF is one of my largest positions. I've been DRIPing away since my first purchase back in late 2010. It's been a great investment. GLTY.