Opinions

Bryden Teich Enbridge Income Fund Holdings ENF-T COMMENT Oct 19, 2018

Is being rolled up by the parent Enbridge. Now they have tried to simplify their corporate structure. If you hold this, you will either get Enbridge shares or could elect to get cash. Simplifying the structure should make investors more comfortable.

Bryden Teich

Unlock Rating

$32.030

Stock price when the opinion was issued

oil gas

It's the ideal tool to help you make quicker, more informed decisions for managing and tracking your investments.

Get Signals Create your Watchlist

You might be interested:

COMMENT

Enbridge wants to buy ENF to simplify their corporate structure. In the States, Enbridge offered a small premium, while in Canada, they offered a premium. He suspects the directors of ENF-T are waiting for a higher premium (or that's what he would do). Pays a higher yield than Enbridge Inc. but lacks the dividend growth potential.

COMMENT

ENB taking over ENF: Sell one, buy one or both buy? The reflationary sectors will do well in the next leg of this cycle, but the pipelines will not. Instead look at U.S. financials. Hold onto ENB, maybe make a move on the fund, ENF. Buy stocks/sectors that will benefit from rising rates.

PAST TOP PICK

(A Top Pick December 11/17 - Up 8%.) 15% up including the dividend. Given the shortage of capacity the demand for its assets are very strong. It’s going to be consolidated with the main company and this is going to disappear, and you will get a share of Enbridge (ENB).

DON'T BUY

He understands this will get folded into the Enbridge parent. He's always liked this stock, but not anymore. So, look at Enbridge, which has some value, but is also not very exciting.

PAST TOP PICK

(A Top Pick Dec 11/17, Up 12%) They'll raise their big dividend. You're buying at the bottom now, but be patient for it to rise.

PAST TOP PICK

(A Top Pick Jan 19/18, Up 10%) This is now absorbed into the Enbridge parent company. It was cheaper than the ENB-T at the time.

PAST TOP PICK

(A Top Pick Jan 19/18, Up 17%) That was a sweet recommendation as this was better than Enbridge (ENB-T). It was absorbed by Enbridge (ENB-T) that he doesn't like as much.

PAST TOP PICK

(A Top Pick Apr 19/18, Up 17%) He's not sure why ENB split the ENF out and ENF traded at a discount to ENB which yielded more and was cheaper than ENB. That's why he chose ENF. ENG bought it in the end.

HOLD

What happened to ENF-T? It was brought in by the parent. It does not have a lot of growth potential. You get a great dividend. It is difficult to show where growth comes from, however.

Stockchase, in its reporting on what has been discussed by individuals on business television programs (in particular Business News Network), neither recommends nor promotes any investment strategies.

We paraphrase the experts by hand, we watch the shows and write down what we understood from the experts’ comments. We are human and can make mistakes, help us fix any errors. If you see something that you know is not right or if there is a problem with the site, feel free to email us at : hello@stockchase.com.

Bryden Teich Enbridge Income Fund Holdings ENF-T COMMENT Oct 19, 2018

You might be interested:

Enbridge Income Fund Holdings(ENF-T)

Enbridge Income Fund Holdings(ENF-T)

Enbridge Income Fund Holdings(ENF-T)

Enbridge Income Fund Holdings(ENF-T)

Enbridge Income Fund Holdings(ENF-T)

Enbridge Income Fund Holdings(ENF-T)

Enbridge Income Fund Holdings(ENF-T)

Enbridge Income Fund Holdings(ENF-T)

Enbridge Income Fund Holdings(ENF-T)

Latest Buy Signals

Today's Top Picks

Popular Articles

Latest Sell Signals

Most Recent Experts

Brendan Caldwell

The Weekly Buzzing Stocks by Billy Kawasaki

Stockchase Insights

Jim Cramer - Mad Money

Rebecca Teltscher