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B+
Review of Enercare Inc.
AUG 02, 2018 - Being taken over by Brookfield Infrastructure at $29, a 53% premium to the recent closing price. Dropping coverage due to the takeover.
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5i Recent Questions
Q: Hi Team,
Can you, from your experience, comment on the credit risk of buying Enercare 5 year bonds as part of a ladder of BBB or better corporates?
Many thanks, Michael
Can you, from your experience, comment on the credit risk of buying Enercare 5 year bonds as part of a ladder of BBB or better corporates?
Many thanks, Michael
- Enercare Inc. (ECI)
- TFI International Inc. (TFII)
- Savaria Corporation (SIS)
- BMO Equal Weight Industrials Index ETF (ZIN)
Q: Hi Peter, Ryan, and Staff,
Even though I 'thought' I had elected to receive some BIP shares with the sale of ECI, I notice today that all of my ECI shares were sold. Thanks again to 5i.:)
ECI was held in my TFSA, and my only Industrial holdings in this account are SIS and TFII. If I want to stay in the same sector, would you suggest deploying the new cash by adding to either or both stocks, or investing in a new Industrial stock or even an ETF like ZIN? Thanks as always for your valued advice.
Even though I 'thought' I had elected to receive some BIP shares with the sale of ECI, I notice today that all of my ECI shares were sold. Thanks again to 5i.:)
ECI was held in my TFSA, and my only Industrial holdings in this account are SIS and TFII. If I want to stay in the same sector, would you suggest deploying the new cash by adding to either or both stocks, or investing in a new Industrial stock or even an ETF like ZIN? Thanks as always for your valued advice.
Q: I received my shares yesterday, still waiting for cash
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