MFC OutlookI believe MFC will have a great Q4 results, but most of this good news
are already factored into its stock price.
What I really believe will drive the price way up, is its outlook.
1) Stability..... strong Capital and cleaner Balance Sheet (reduced goodwill & paying off debts)
2) Growth.... Asia strength and repositioning businesses.
3) Earnings' growth..... $4B annualised earnings expected in 4 years
4) Limited downside... More increases in hedges & swaps as managements recover previous
losses caused by lower markets.
4) Dividend increases... a must happen event.... coming sooner than expected.
5) Shares' buybacks... its inevitable because of being overcapitalised.
6) Strong Management.. convinced they know what they are doing.
Free Analysis by the Bushhog.