Thanks for a timely informative video. I find that myself as a long term dividend investor that I have to be reminded that if you have quality dividend etf's that you have to look past the noise in the market and just chill out. Having said that it's also up to each individual to have a contingency plan so we can weather ' perfect storm events' should they arrive. Keep the great content coming !
I’m looking at this 7 months later. Good conversation on ENB. I like the bias confirmation since I’ve been an owner since it was called Interprovincial Pipelines. 📈💰😁
Excellent video, Adrian! In light of the current volatility, you should give your guests the floor for a few minutes to give their insights of the current market conditions and how their investment strategies and funds are affected -- much like in today's video. I think it will give your viewers confidence that the fund managers are actively thriving from the opportunities.
Hi, what I see when I make some research on Enbridge is that it has a high level of debt (ratio is 122% which is high), that the debt is not well covered by operating cash flow (16%) and that interest payments on its debt are not well covered by EBIT (2.7x coverage). Short term assets (CA$9.0B) do not cover ists short term liabilities(CA$14.0B). I think that is the problem that made investors acting with prudence! Even if analyst forecast that the stock price will rise by 25% and that some thinks it is undervalued by 30%.....those metrics matters. 😬On the positive side, on Sept7, 89 940 shares were bought by insiders.....
People have being saying this about Enbridge for decades. Enbridge is not in any danger of not paying their debt,or cutting the dividend. Enbridge has more than enough cash flow and future contracts to cover everything in their obligations. But hey,if you don’t understand their business and don’t want to invest in that company,then definitely don’t invest. If it doesn’t make sense to you,then it’s not for you. And that’s perfectly fine.
Did not said enb was good or bad, just that red flags were raised by people who have the time to look deep into financials, which I honestly don't have. I don't owne enb or ens anymore, perferring to use encc instead, which is diversified and performing good. If you like enb it is ok, the same people raising the flags also tells that it is undervalued...so...@@derekcox6531
Any reason why you would want to buy both and not just ENS? I have both but I have been considering to swap ENB for ENS. The swap opportunity is currently at its best and getting better. Any reason why I should not? (I bought ENB before knowing about ENS)
Do you think this guy is biased in favor of Enbridge? I mean if he thought they were going to cut the dividend and he said so I think it would be bad for his business.
@@Ian-of9oi Anything is possible, but a fund manager who manages a fund based on one stock must have good reasons for doing so. And how can we trust that the CEO of Enbridge was up front about everything to the fund manager? It does not really matter because as an investor of ENS, I would want to know all the insights he has on Enbridge even if he is biased. A recent article in the Globe and Mail (Oct 20) has this headline: "Don’t lose sleep over Enbridge’s dividend." It speaks favorably of how Enbridge is positioning itself for the future (by recent acquisitions for clean energy companies) and the safety of its dividend. I am not worried about ENB and ENS. For the first time in over a year, ENS is a lot cheaper then ENB because of the negative leverage effect of ENS
Hey, great video! I'm wondering why ENS hasn't raised it's distribution in about 4.5 years when Enbridge has raised it's dividend consistantly? Are there plans to add more to the distribution?
@@BobBob-zo8om I told Adrian last year he could double his portfolio if market drops 50 %. It's not a time to buy & hold in this inflated overpriced market. I would buy ENB in the 30's to be safe. If the Fed lower interest rate we'll be in a recession and you know what happens to stock market in a recession.
I am in the same boat as you--waiting for a market correction can be painful though getting 5.5% makes it bearable...i will be happy getting ENB at 40 and scale in from there if i am so lucky to catch some shares mid 30's thats a dream@@PercyY-ib2vx
And yet u hvnt mentioned the oil price n the economy have effect on enb as well. The states is gonna refill their oil’s reserves n take it down as well as the inflation. So we will see it swing in downhill for a while until all settled in late 2024
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Thanks for a timely informative video. I find that myself as a long term dividend investor that I have to be reminded that if you have quality dividend etf's that you have to look past the noise in the market and just chill out. Having said that it's also up to each individual to have a contingency plan so we can weather ' perfect storm events' should they arrive. Keep the great content coming !
Thank you, Adrian for this useful interview.
This was a great video and he was a clear spoken man that made it easy to understand. Great questions and great content.
Great interview.. surprised debt wasn’t discussed.
I’m looking at this 7 months later. Good conversation on ENB. I like the bias confirmation since I’ve been an owner since it was called Interprovincial Pipelines. 📈💰😁
Excellent video, Adrian!
In light of the current volatility, you should give your guests the floor for a few minutes to give their insights of the current market conditions and how their investment strategies and funds are affected -- much like in today's video. I think it will give your viewers confidence that the fund managers are actively thriving from the opportunities.
Great interview, I needed this for some more confidence! Thanks for connecting with fund manager.
Hi, what I see when I make some research on Enbridge is that it has a high level of debt (ratio is 122% which is high), that the debt is not well covered by operating cash flow (16%) and that interest payments on its debt are not well covered by EBIT (2.7x coverage). Short term assets (CA$9.0B) do not cover ists short term liabilities(CA$14.0B). I think that is the problem that made investors acting with prudence! Even if analyst forecast that the stock price will rise by 25% and that some thinks it is undervalued by 30%.....those metrics matters. 😬On the positive side, on Sept7, 89 940 shares were bought by insiders.....
Good for you I’m buying idk about you
OK, what is your opinion on enb? @@dwights1024
People have being saying this about Enbridge for decades. Enbridge is not in any danger of not paying their debt,or cutting the dividend. Enbridge has more than enough cash flow and future contracts to cover everything in their obligations. But hey,if you don’t understand their business and don’t want to invest in that company,then definitely don’t invest. If it doesn’t make sense to you,then it’s not for you. And that’s perfectly fine.
Did not said enb was good or bad, just that red flags were raised by people who have the time to look deep into financials, which I honestly don't have. I don't owne enb or ens anymore, perferring to use encc instead, which is diversified and performing good. If you like enb it is ok, the same people raising the flags also tells that it is undervalued...so...@@derekcox6531
Great endorsement. Love the "back the truck up" comment. Excellent video.
Thanks, nice info sharing here about middlefield and Enbridge
Feel a lot better now. Will be picking up more ENB and ENS. Thanks for the video.
Any reason why you would want to buy both and not just ENS? I have both but I have been considering to swap ENB for ENS. The swap opportunity is currently at its best and getting better. Any reason why I should not? (I bought ENB before knowing about ENS)
Me too!
Any time!
Do you think this guy is biased in favor of Enbridge? I mean if he thought they were going to cut the dividend and he said so I think it would be bad for his business.
@@Ian-of9oi Anything is possible, but a fund manager who manages a fund based on one stock must have good reasons for doing so. And how can we trust that the CEO of Enbridge was up front about everything to the fund manager?
It does not really matter because as an investor of ENS, I would want to know all the insights he has on Enbridge even if he is biased.
A recent article in the Globe and Mail (Oct 20) has this headline: "Don’t lose sleep over Enbridge’s dividend." It speaks favorably of how Enbridge is positioning itself for the future (by recent acquisitions for clean energy companies) and the safety of its dividend.
I am not worried about ENB and ENS. For the first time in over a year, ENS is a lot cheaper then ENB because of the negative leverage effect of ENS
Hey, great video! I'm wondering why ENS hasn't raised it's distribution in about 4.5 years when Enbridge has raised it's dividend consistantly? Are there plans to add more to the distribution?
i suggest you watch the Q&A w/Middlefield where we touch on that
Ive got up to 16 shares of ENB for over a year and half.. I'll keep DCA into it long term.
Enbridge/ ENS is a long term hold. I will always have this in my portfolio.
At one point u recommended to sell ENS and buy ENCC!
Are you still on ENCC?
Hi Adrian, What are your thoughts on the recent ENS offering as of Dec.5 2023???
OF are common routine for Split Funds and is ALWAYS A GOOD THING. as discussed with the fund manager . see my Q/A videos with Middlefield
The dividend payout ratio is at 125%. I think it's on thin ice.
Fantastic, thanks Adriano!
I bought ENS when the oil was $0.00.
It was a great price at $8.25 per share , still good price at 10.75
THANKS DUDE. AWESOME!!! NEEDED THIS.
Great video!
Cool vid! Thnx!
Which ENS P is the more stable one?
Is ENS going to use their 16% of cash to buy more ENB stocks?
Bro love your content 👍🙂❤
Will be good investment for next ten years
what is ENS?
Hey Adran, you still invested in ENS?
i unveil my portfolio every month :)
Thank you. I did find that info on one of your videos. Appreciate the quick reply.
The market is really punishing cos. with heavy debt loads right now.
how's the new office at the well Robert downey?
1 mil CAD, ENB or ENS ?
ENB... appreciation as well as yeild.. just because the number is $1 mil
Always wait for a crash before buying.
lol -20% down in 2 weeks
@@BobBob-zo8om I told Adrian last year he could double his portfolio if market drops 50 %. It's not a time to buy & hold in this inflated overpriced market. I would buy ENB in the 30's to be safe. If the Fed lower interest rate we'll be in a recession and you know what happens to stock market in a recession.
I am in the same boat as you--waiting for a market correction can be painful though getting 5.5% makes it bearable...i will be happy getting ENB at 40 and scale in from there if i am so lucky to catch some shares mid 30's thats a dream@@PercyY-ib2vx
And yet u hvnt mentioned the oil price n the economy have effect on enb as well. The states is gonna refill their oil’s reserves n take it down as well as the inflation. So we will see it swing in downhill for a while until all settled in late 2024
predicting oil prices is a waste of time
What noise ? Wait till we go into a recession.
get out of here
Ok then we’ll come out of it , and things will be cool again.
@@mmmyeahh I'll get more shares during the recession. Meanwhile money is in saving account making 5 %. Which way is better ?
Ok, when will that happen? We don’t know.
@@MurrMan23 so I wait. Keep money in saving accounts for 5 plus %