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Bullboard - Stock Discussion Forum E Split Corp T.ENS

Alternate Symbol(s):  ENSPF | T.ENS.PR.A

The objective of the Class A shares is to provide holders with non-cumulative monthly cash distributions and the opportunity for capital appreciation through exposure to the portfolio. And The investment objectives for the preferred shares is to provide holders with fixed cumulative preferential quarterly cash distributions and return the original issue price of 10.00 Dollars to holders upon... see more

TSX:ENS - Post Discussion

E Split Corp > Buy silly buggars
View:
Post by Obscure1 on Aug 19, 2024 1:02pm

Buy silly buggars

How many times in your investing life have you said to yourself  with regret "I was going to buy" but didn't?

Most of us have probably been thinking "what does the market know that I don't know" when it comes to trying to figure out why ENS is trading at an 8% discount to the NAV.  I certainly have. 

Who cares.  

We see 50% off sales all the time from stores wanting to blow out old inventory  We even see good quality stox selling at bargain prices when the world sudden loses its mind (covid) on the rare occassion .  But, we never get to see what we are seeing now with the price of ENS.  

Sometimes you just have to trust yourself and take a leap.

Comment by Ganyman61 on Aug 19, 2024 1:31pm
I agree this is highly unusual. Very low volume. 
Comment by Beuler on Aug 19, 2024 2:48pm
NAV 12.83, undervalued.. it will pop up, chart broke trend, another rate cut sep 4th. We're in QE, run will last until it doesn't. 
Comment by Experienced on Aug 19, 2024 3:11pm
Yep...8% discount is quite excessive and ENB seems to be behaving quite well and doesn't seem to be under the type of selling pressure that it was in the past post x Dividend. I picked up a few more shares today although I must admit I am still slightly underweight.
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