Post by
Marner16 on Dec 08, 2021 3:06am
Comments before I take another break from the asylum
Silkos: I don't know why you keep posting in this SH purgatory but I'm sure there are silent readers who appreciate your efforts. Sticking around and putting up with the scum is stupid but commendable.
Autofocus: Thanks for the intelligent response. I disagree with your thinking but I respect you for voicing it in an intelligent and respectful way. As you mentioned, failing to increase the dividend is not an option for ENB other than a disaster scenario and ENB doesn't play the kind of games that would land them in trouble. Paying down the debt is a win for the balance sheet while cancelling shares only sends one signal to the street which is "we don't know what else to do so we are just following the crowd". The only reasonable explanation for pandering to the street by providing a comfortable exit strategy for those being pressured by ESG investors is that ENB has something big in the works (could take months or years) whereby ENB will eventually need to go back to the street for funding and the street has a very long memory. If you would like to discuss this more, hit me up with a PM
Tickertwit: I'm glad you brought up the share "creep" at ENB as it is relevant because the NCIB will only act to negate the options. I think most retail investors would rather have the extra cash.
SargeX: I was confused about you. Initially, I thought you were an actual player (big hitter as opposed to a "playa") based upon your posts. I just couldn't understand why you would brag about your portfolio when people that have real money would never do that other than with trusted friends who treat the gamesmanship as harmless sport . Then I thought you were just one of the young fools pretending you were something that you were not. With your post today, I realize that you are an old guy who is proud of the nest egg that you put together for your family. Now your posts make sense. Once again, I apologize for giving you a hard time as I thought you were pretending to be something else, which really pissses me off as I grew up with a sibbling who was a pathological liar and I know the damage that deception can create.
Fiddy: You are like an adorable puppy. Sometimes you need to be swatted with a newspaper when you peee on the floor, but other than your constant need for attention, you are harmless and loveable.
Q: A dark soul who I hope can find happiness some day.
The group of names run by one poster: Surely you could do a better job of hiding your agenda, but I suppose that would take time and effort.
Bubba: Why are you so angry? Put the morons on Ignore, make some friends, and live a little.
Everyone else: I can't mention everyone, but GLTA
Comment by
autofocus111 on Dec 08, 2021 12:38pm
Ticker I'm all but certain there was steady slow dilution from stock incentives for years. In view of this don't see how you can spin the buyback as a negative. The buyback (a first, since I don't recall ENB ever doing buybacks), will offset what would have been normal dilution. It's not meaningful in the sense that it's only 1% or so of the float, but it's real.
Comment by
silkos on Dec 08, 2021 1:33pm
It's the alias army at work removing posts they don't like. It had nothing to do with your post. The parent post was removed, therefore subsequent (child) posts have been removed as well.
Comment by
Bubba359 on Dec 08, 2021 3:04pm
This post has been removed in accordance with Community Policy
Comment by
Quintessential1 on Dec 08, 2021 4:50pm
This post has been removed in accordance with Community Policy