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Manulife Financial Corp T.MFC

Alternate Symbol(s):  MFC | MNQFF | T.MFC.PR.B | MNUFF | T.MFC.PR.C | T.MFC.PR.F | T.MFC.PR.I | T.MFC.PR.J | T.MFC.PR.K | T.MFC.PR.L | T.MFC.PR.M | MNLCF | T.MFC.PR.N | T.MFC.PR.P | T.MFC.PR.Q

Manulife Financial Corporation is a Canada-based international financial services provider. The Company provides financial advice and insurance, operating as Manulife across Canada, Asia, and Europe, and primarily as John Hancock in the United States. Its segments include Wealth and asset management businesses, Insurance and annuity products, and Corporate and Other segment. Wealth and asset management businesses branded as Manulife Investment Management, provide investment advice and solutions to retirement, retail, and institutional clients. Insurance and annuity products include a variety of individual life insurance, individual and group long-term care insurance and guaranteed and partially guaranteed annuity products. Products are distributed through multiple distribution channels, including insurance agents, brokers, banks, financial planners and direct marketing. Corporate and Other segment comprise the investment performance of assets backing capital.


TSX:MFC - Post by User

Bullboard Posts
Comment by taman1on Aug 13, 2010 1:03pm
345 Views
Post# 17348893

RE: RE: MFC ... in the final analysis

RE: RE: MFC ... in the final analysisLOL .... In any event proportionality is always missing .... MFC is still a behemoth ... wounded like BP ... but definitely not an Enron, Madoff, Nortel or going bankrupt .... their seg funds are $100 billion, what a monster ... a 1% move is a 1 billion provision either way ... but since 50% or thereabout is hedged, it is $500 million then in very rough terms ... this is just like my own personal portfolio ... assuming you have 10000 shares of MFC ... current value a miserly $120,000 ... at the moment a 1.65% move of 21 cents is causing you a $2000 loss ....in MFC case if equivalent move it is $1.65 billion loss ... so if you bring down to retail value it is really nothing ... $2000 loss, floating on a $120K outlay for a point in time is really passe .... If there is a vote asking us do you think MFC will ever see $18 again ... most or majority will say yes .... Will MFC see $5 ... very, very unlikely ... will it see $10 ... I wish because I will double up in a heart beat ... will it see $18 ... I say of course because MFC is proftitable earning $700 billion a quarter ( from memory here) without the floating loss or profit bug bear ... at $700 billion it is easily a $20 stock and it is making that much a quarter easily ..... so we should view today as a buying opportunity rather then saying it is going bankrupt like TCK..b 2 years back .... BNN commentators were saying when it hit $3 or $5 ... look at it now $35 from $45 .... relax ... as for the CEO ... I would say he lacks inspiration .... he sweats, repeats and over couched his words ... he should be clear and concise and not say someting and then reverted lke div and share issue, water under bridge but that sticks  ... and this capital fortress description is asinine ...  no good CEO would say that because that looks amateurish .... fortresses we know throughout history have always failed ... Cheers
Bullboard Posts