re: GuloienI'm not surprised - Guloien used to be the Chief Investment Officer of Manulife prior to his role now as CEO. From day 1, he has screamed out conservative approach. He is definitely ensuring Manulife is strong for the long term - how this affects share price, I have no idea, but I have no doubt Manulife will be stronger than ever financially. He's a pretty simple, straight forward man - he'd rather cut the dividend then raise cash through equity or debt. Sounds prudent to me.$0$0$0$0If Guloien has said everything is fine but the cut was just a means to conserve cash, I believe him. His and Manulife's reputation is everything.$0$0$0$0$0If everything does not turn out fine ie. there are hidden risks even analysts are not aware of, Manulife stock will take a nosedive and so will Guloien's reputation, likely for the long term. $0$0$0$0$0If everything is fine at Manulife, one would expect the share price to increase given the increased level of cash lying around, subject of course to the GAF's. $0$0$0$0$0At this point, investors are betting on Guloien and all signs point to the taking a step back now to move three steps forward later philosophy.$0$0$0$0$0$0$0