E Split Corp T.ENS

ENB performance on The gas turbine site acquisition

[ecolo101]

This will determine how the ENB share will behave over the next year.  If they are successful this e-split will be the nicest dividend over 12 months ($1560 for 1000 shares). And paid monthly...
this is a very nice little secret. There is always a risk but the reward for a safe company such as ENB which wants to grow is for sure highly interesting.
and you pay only 22% of the stock value to get a 13% dividend why not
dyodd
glta

[Ganyman61]

Who doesn't love a safe dividend but don't you guys want to see the share price go up to at least the NAV just my thoughts. 

[ecolo101]

Share price is not just attached to financial ratio, there is a big unknown impact of how the ENB culture will impact the new acquisition and how will they efficiently take a solid operational control of this new sector. Don't forget that the new cash flow will come from this sector. It could take time. for myself I just took the profit on ENB to redistribute on ENS to capitalize on this

[Ganyman61]

Enb almost 54$, ENS nav at 12.75 stock price in the red ....strange!