Posted by mschwand on 28th of Mar 2024 at 02:34 pm
Haha, probably too much of an old school energy play to benefit
that much from AI, Digi. I believe they are cutting 650 jobs this
year, and took some writedowns (including a “goodwill” of
some sort) last year that make recent results look like a miracle.
The 7.5% div is supposedly guaranteed to grow for next few
years, which might be attracting investors as fed rate cuts
approach. Motley Fool has been talking up their renewable plays as
a hidden growth engine (or liability, depending on your
take).
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ENB taking a peek above
XLE follow up
Posted by mschwand on 28th of Mar 2024 at 12:34 pm
ENB taking a peek above trendline, maybe on the way to forming a C&H
Thanks for sharing - that
Posted by steve on 28th of Mar 2024 at 01:47 pm
Thanks for sharing - that goes for all
ENB - any idea how
Posted by DigiNomad on 28th of Mar 2024 at 12:42 pm
ENB - any idea how they pulled off this EPS to sales / revenue trick? Fired 90% of employees and hired ChatGPT to do everything?
Haha, probably too much of
Posted by mschwand on 28th of Mar 2024 at 02:34 pm
Haha, probably too much of an old school energy play to benefit that much from AI, Digi. I believe they are cutting 650 jobs this year, and took some writedowns (including a “goodwill” of some sort) last year that make recent results look like a miracle. The 7.5% div is supposedly guaranteed to grow for next few years, which might be attracting investors as fed rate cuts approach. Motley Fool has been talking up their renewable plays as a hidden growth engine (or liability, depending on your take).