Current yield on ENF at today's price [$29.41] is 7.6%. Enbridge yields 6.3% at the current price [$42.41].
I am trying to find an acceptable alternative company to ENF to invest in that would have a comparable yield and have the same level of business quality, Market Cap, and reliability of dividend.
IPL, ALA, GEI, RNW, CHW, TF, SRV.UN, KPT, JE, KWH.UN, CHE.UN all have similar dividends but are hardly equivalent in quality. Would you pick any of these?
I cannot find any acceptable substitute of the same quality so I would appreciate your suggestions in ANY sector that you would choose.
Q: I hold 1000 ENF shares and if the deal goes through they will convert to a 0.7029 share of ENB. I would then own a total of total 703 ENB shares. The price of ENB today is $42.28 which means I would hold a value of $29,723 in ENB if the deal goes through. If the price of ENB goes up lets say to $45.00, do I still receive 0.7029 shares of ENB for each ENF share I hold and would then have an ENB value of $31,633 and therefore making a profit of $1,910 from today if I sold it, in this scenario?
Q: Thinking of adding to Trevali,Savaria,Sleep Country,Go Easy,Spin Master and Couche-Tard.Are you still comfortable with these names at today's valuation?
Q: Hello,
I see that Analytixinsight has recently announced a deal with Thompson Reuters and the CEO will be a guest analyst on BNN this afternoon. Do you have any new optimism for this company?
Thank you!
Brian
Q: I am a bit confused with their backlog. In their quarterly results they state that they have firm orders for 2018 production 240 buses @85M but on April 9 presentation they state their backlog of 300+ @107M+. My read of this is the total backlog is 300+ with some deliveries next year or perhaps I am just confused. Your thoughts.
Q: PHO announced that they are looking to get approval to list on the TSX "very soon". Once listed on the TSX will the share rise because all of the ETF will have to buy into the stock or will that be accounted for in the listing and will not impact the share price? Also with $3M buyback this should indicate that management thinks the share is currently undervalued.
Q: as a follow up to my previous question could you please provide a listing of specific companies that compromise the largest holdings for India and China and their portfolio weights? Thanx.
Q: I am already overweight in tech, fintech, consumer staples and healthcare (which includes SIS) and underweight in industrial and financial sectors. Do you have any industrial or financial suggestions in either Canadian or USA growth stocks to help even out my portfolio please?
Q: I am currently considering selling Transcanada for a small tax loss-$2000- and immediatly buying Enbridge. This would give me a rather large allocation to Enbridge, which I currently own, as well.
Just wondering whether it was worth the trouble. And possibly the risk of having a large allotment to one stock. Do you think Enbridge has a big chance of rising much more than TRP? or, are they likely to rise at the same pace? (that is, of course, if they rise).
I guess I am asking you to put your magical, look into the future glasses on here, but I am sure you would have a better idea than me on this.
thanks once again
Q: Good day
I have some shares of Medreleaf,
Since they anounced that Aurora will buy them, the price of Aurora and leaf are coming down.
I would like your advice on what to do with the shares of leaf
Sell or hold
Thank you
Guy
Q: just a further question on Enbridge income fund. I know you have touched on what will happen if Enbridge puts all companies under one umbrella. Does this mean that Enbridge income fund holders which get a larger dividend right now than Enbridge shareholders will get a small dividend going forward?
Q: I occasionally see that a member will post on another site a reference to something 5i has posted on it's site. Sometimes they will even cut and paste. Is that acceptable to 5i?
Q: Nutrien intend to sell shares of Chilean lithium producer Sociedad Quimica Y Minera (SQM) to ChinaTianqi Lithium Corp worth $4B. Do you see that as a good deal? How big will be the impact on balance sheet (debt), I suppose will have to pay taxes on the gain?
Q: aside from expenses,what are the differences between xec and vee,specifically with regards to holdings and weightings in specific countries? I own vee and am wondering if xec would compliment/add to vee. Thanx for your services.