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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

Comment by DeanEdmontonon Jul 01, 2023 2:24pm
410 Views
Post# 35523753

RE:RE:Where is the $30 Ross Healy?

RE:RE:Where is the $30 Ross Healy?EOJ - if you fail to recognise the 20 year history of underperformance by this stock, and the endless legion of analysts that keep recommending it is a buy due to it trading at a discount to its peers, then you are the one that should be selling. The management of this company has been trotting out contradictory excuses for their poor performance for years. China is the future, China didn't pan out due to gov interference, Covid, international pressure, changing demographics or pick your favourite, high interest rates are good, high interest rates had a negative effect, the property market has not accelrated as planned, the property market droped faster than anticipated, mortage defaultls are rising, mortgage demand is too low. They never met an excuse they couldn't use.

I buy this when it is down and sell it when it hits $26. Anyone that holds this as a longterm investment is not maximising their returns.
Eoj123 wrote: Why don't you sell and bugger-off



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