Post by
SargeX on Feb 07, 2022 2:25pm
prediction
I've been doing some portfolio "maintenance" and decided to sell all of our FIE and GRT.UN. We've done quite well with FIE and incredibly well with GRT (avg buy price = $59.02) but FIE never raises their divy and GRT has gone up so much that the yield has been down around 3%.
It's all about dividend income for us so there are much better places for the dough so with it, we've added to 11 of our 17 existing holdings including ENB, TRP, and PPL. I know ENB is near a 52 week high and it's close to both earnings and ex-dv dates but I think they are going to knock it out of the park with their earnings. I also think that ENB is going to go down less than $0.86 div payment on Feb 14th, reversing the trend of getitng smacked on ex-div day.
My other prediciton is that ENB will be above $60 sometime this year (maybe before Juky 1??).
Ciao
Sarge
Comment by
SargeX on Feb 07, 2022 2:29pm
One other quick note for those that might be interested - we've added 280 shares at an average of $53.14.
Comment by
Davesnothere on Feb 07, 2022 4:45pm
Thanks for the update SargeX, I like your common sense income approach. Solid, not flashy.
Comment by
SargeX on Feb 08, 2022 12:24pm
Hey Dave Thanks. The dividend income/growth approach isn't for everyone but it sure works for us. It does require a certain amount of patience (which I think is missing in a lot of today's investors). Good luck with your investments Sarge
Comment by
Bubba359 on Feb 09, 2022 2:42pm
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Comment by
bttmfischer on Feb 10, 2022 11:30am
This morning there was a report that Zacks' analists believe that Enbridge might have a surprisingly good earnings report coming. In the past, some of the analists ended up with eggs on their faces, so I am curious how good Zacks crew is going to be.
Comment by
Joe455 on Feb 07, 2022 7:23pm
Sounds good but don't forget Obama's most accurate statement. Don't underestimate Joe's ability to f*ck things up.
Comment by
Bubba359 on Feb 09, 2022 2:28pm
Well worth 9 from your fraudster friends StoogeX , is this prediction as good as your ALA one was. Get real , you actually believe your own press.
Comment by
Jtpatrol1 on Feb 11, 2022 1:41pm
If you dont own ENB or any stocks for that matter, why do you spend all day on stockhouse ?
Comment by
Lisagerrard17 on Apr 23, 2022 9:18pm
Thanks for being honest but no one cares about all your "issues" there Trevor Plows, save it for Dr. Phil or Oprah... this board is for ENB posts....
Comment by
GassXX on Jun 28, 2022 3:27pm
Thats a bit harsh, can you stick to posts about ENB ? Thanks
Comment by
Ghost73patrol on Jun 28, 2022 5:05pm
This post has been removed in accordance with Community Policy