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The [New Issues/IPO] thread - ATD.b $57.17

  • Last Updated:
  • Oct 18th, 2017 7:24 pm
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Newbie
Dec 3, 2012
6 posts
1 upvote
Toronto
Could you please elaborate a bit more? I would love to get IPO prices on the next big offering.

Thank you!
Toronto-ON

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Deal Addict
Jun 3, 2009
3657 posts
434 upvotes
Montreal
adeel wrote:
Mar 19th, 2017 10:46 am
new issues question for you guys

are there certain brokerages that are good for new issues? pretty sure questrade is down at the bottom

who are you guys using, that is also good with low trading/account costs?
Most big banks have capital markets division which gives their discount brokers an edge that Questrade, Qtrade are not able to offer.
Member
Feb 21, 2010
383 posts
66 upvotes
Scarborough
Bought equity financing for ENF now. Didn't ENB confirm that they do not need more capital until end of 2018 few months ago?
[OP]
Deal Expert
User avatar
Sep 19, 2004
20127 posts
3040 upvotes
Waterloo
Sucks for existing ENF holders (myself included)

Enbridge Income Fund Holdings Inc

Short Description: Secondary Offering of Common Shares via Bought Deal
Price: $33.15 CDN per share. <- about 4% discount to $34.51 closing
Settlement: On or about April 18, 2017.
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Member
Sep 22, 2005
470 posts
40 upvotes
BC
they treat the market as an ATM machine.
jerryhung wrote:
Mar 27th, 2017 5:06 pm
Sucks for existing ENF holders (myself included)

Enbridge Income Fund Holdings Inc

Short Description: Secondary Offering of Common Shares via Bought Deal
Price: $33.15 CDN per share. <- about 4% discount to $34.51 closing
Settlement: On or about April 18, 2017.
Deal Addict
User avatar
May 25, 2008
1118 posts
311 upvotes
Mississauga
Just placed an expression of interest. Since Enbridge is selling some of their shares (.5 Billion $), I don't believe there a dilution factor here.
Deal Addict
Aug 19, 2006
4762 posts
114 upvotes
STP123 wrote:
Mar 27th, 2017 5:15 pm
Just placed an expression of interest. Since Enbridge is selling some of their shares (.5 Billion $), I don't believe there a dilution factor here.
Same here, placed an order
Deal Addict
User avatar
May 25, 2008
1118 posts
311 upvotes
Mississauga
TruE SkiLLS wrote:
Mar 27th, 2017 5:38 pm
Same here, placed an order
Offering closed at TD ... that didn't last long.
Deal Addict
Apr 11, 2012
4990 posts
1955 upvotes
Winnipeg
jerryhung wrote:
Mar 27th, 2017 5:06 pm
Sucks for existing ENF holders (myself included)

Enbridge Income Fund Holdings Inc

Short Description: Secondary Offering of Common Shares via Bought Deal
Price: $33.15 CDN per share. <- about 4% discount to $34.51 closing
Settlement: On or about April 18, 2017.
Angry FaceDisappointed But Relieved Face
Deal Addict
Jul 28, 2009
1311 posts
219 upvotes
Bought at the previous offering at $29, just placed expression of interest for same amount of shares again. Doubling up! ENF has treated me well.
Jr. Member
Feb 27, 2008
155 posts
40 upvotes
cn_habs wrote:
Mar 19th, 2017 4:28 pm
Most big banks have capital markets division which gives their discount brokers an edge that Questrade, Qtrade are not able to offer.
I hear that Scotiabank wealth management folks offer all IPO purchases....they trade on your behalf with email or phone confirmation...(but very hard to become their client.. need a lot of $$$
Jr. Member
Feb 27, 2008
155 posts
40 upvotes
deal_with_singh wrote:
Mar 18th, 2017 3:30 pm
Quest Trade is not an underwriter and you'll get lucky sometimes. To get IPO shares, you buy the shares through a new issues expression of interest when the IPO is announced. You bought it once the shares started trading.
which trading platform or broker did you use for GOOS?
[OP]
Deal Expert
User avatar
Sep 19, 2004
20127 posts
3040 upvotes
Waterloo
As expected, ENF tanked 4% to $33.13 day low, now ~$33.31

I got 100% on my 1000 shares ask, oh well, nothing else to buy, may as well buy it at YTD 2017 low and collect ~6% dividends
Which Credit Cards to sign up? >> Jerry's List of Credit Cards with $200+ Welcome bonus/Aeroplan & AMEX Churning FAQ
AMEX Personal 60K || Business Platinum 75K || Biz Gold 40K || SPG 25K
Newbie
Feb 10, 2017
43 posts
26 upvotes
jerryhung wrote:
Mar 28th, 2017 1:51 pm
As expected, ENF tanked 4% to $33.13 day low, now ~$33.31

I got 100% on my 1000 shares ask, oh well, nothing else to buy, may as well buy it at YTD 2017 low and collect ~6% dividends
and 2% drip discount
Sr. Member
Feb 17, 2009
594 posts
28 upvotes
Brockville
How do you know if you already got 100% of what you asked for? When I look into my TD new issues it says allocated what does that mean?

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