Bullboard - Stock Discussion Forum Enbridge Inc T.ENB

Alternate Symbol(s): ENB | T.ENB.PF.A | T.ENB.PF.C | T.ENB.PF.E | ENBOF | ENBFF | T.ENB.PF.G | EBBNF | T.ENB.PF.U | T.ENB.PF.V | EBGEF | T.ENB.PR.A | ENBGF | T.ENB.PR.B | EBRGF | T.ENB.PR.D | EBRZF | T.ENB.PR.F | T.ENB.PR.H | ENBHF | T.ENB.PR.J | ENBRF | T.ENB.PR.N | ENNPF | T.ENB.PR.P | ENBMF | T.ENB.PR.T | T.ENB.PR.V | EBBGF | ENBNF | T.ENB.PR.Y | T.ENB.PF.K | T.ENB.PR.G | T.ENB.PR.I | T.ENB.PR.Z

Energy Oil & Gas Midstream

Enbridge Inc. is an energy transportation and distribution company. The Company operates through five business segments: Liquids Pipelines, Gas Transmission and Midstream, Gas Distribution and Storage, Renewable Power Generation, and Energy Services. Liquids Pipelines consists of pipelines and terminals in Canada and the United States that transport and export various grades of crude oil and... see more

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TSX:ENB - Post Discussion

Enbridge Inc

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Comment by Larrymartin77 on Nov 24, 2020 2:36pm

RE:RE:RE:buying opportunity

SargeX wrote: Hey B2T

Thanks. My gut feel is that there is going to be a big bounce one of these days that will be hard to time. I think if a person is looking to buy, then now is as good a time as any.

I think you've had very good timing with your midstream buys and will do very well over the next couple years.

Take her easy
Sarge

born2trade wrote: Sarge - as always very relevant post .

I agree that piplelines are trading at discount but hard part to know where the bottom is . KEY , ENB and PPL are yielding over/close to 9% and I initiated new position in each of them but am red ( ENB under 38,m ppl under 28 and KEY just under 19.40) . it is easy to stare at big loss if they touch March low and this is not inconceivable especially if Biden wins. I am keeping some powder dry just in case an opportunity comes along.

It looks like you have much lower ACB so you can ride it without much worries. good luck!!

SargeX wrote: My wife & I are always fully invested but I still follow the market as a bit of a hobby and to do some short term trading with some of our extra cash. I saw the start of Marner's last post and agree that this is a great buying opportunity for long term investors.

As I've mentioned, my wife and I are 100% TSX listed dividend income/growth stocks in 5 sectors - banks, utilities, midstream, telcos, and REITs. For the stocks will follow, I think there are some screaming great buys at this point, especially in the banks (TD, RY, BMO) and midstream (ENB, TRP, KEY, PPL).

They may go down a bit more from here but I am very confident that all will be higher in the next couple years compared to where they are now.

As always, do your own DD.

Ciao
Sarge