RE: RE: RE: RE: RE: in times of uncertaintyEver wonder why MFC is more sensitive to the markets
than all those other Investments Companie out there?
Example, the Banks does the same things, collect clients' money and invest it in the markets.
The same regulations apply to them why don't they have these sensitivities' issues also?.
This CEO and his team can determine the sensitivities' breadth and write off accordingly,
and the herd of Analysts will follow. This CEO is bringing MFC down to prove what he did
back then was the right calls.
Lets say their sensitivity is as great to the markets as they claimed. Their benchmarks are the
TSX, S&P 500 and the TOPIX.
In the last 6 years since controlling John Hancock, the TSX went up about 50%,
the S&P 500 was flat, the TOPIX was down and MFC was down over 50%
Unless MFC is only invested in Japan, they shouldn't be this down.
So can we see now why MFC dropped this big...........the dividend cut, and the
trustworthiness of Mr CEO.
The Company is worth much much more than its present value.
Only my opinion.