Manulife Financial Corp T.MFC

Have Any of You Looked at MFC's 30 Year Chart

[DeanEdmonton]

Manulife is strictly a trading stock, always has been. Have been buying and selling it for 40 years. Analysts keep recommending it as severly undervalued, with lofty price targets. They have been doing this for decades. When a stoock stays undervalued for 40 years there is a good reaason for it. The Board and Management have never been able to produce anywhere close to the results they should be obtaining. It is exactly the same now. Buy it on the dips yes, but make darn sure you sell on the up ticks as it never has held. No reason to believe it will this time. Ignore 40 years experience if you like, just trying to help.

[shoooter]

so what is your buy price, i've held mfc in my rsp for at least 10 years plus

[DeanEdmonton]

So if you bought ten years ago, you got in for 10-11 bucks. Since then the stock has been up as high as 27 a few times, but it has also dropped to under 20 just as many times. I think that giives you a pretty good idea of the buy range, start legging in at 20-21 bucks or so, sell range, 26 bucks. When you can pick up a 25% gain and collect a 6% dividend while you are waiting that seems like a

[shoooter]

yes have seen it go up and down, probably more like 20 years , have added to it, now and then and of course it has dripped a lot of shares over the years, have about 1600 share in rsp and another 400 in tfsa and another 1500 in margin account, really just for the dividends, but in the margin, would have been nice to sell at around 26.00, oh well

[willyk3]

Im in much the same position..just ride out the drops...add when its cheap ...I allways figure if I sell...thats when this thing takes off to its true value closer to mid 30. Ive given up on those analysts...who never seem to be able to figure out this stock..and keep recommending a sell...after its dropped 20 per cent

[Rainyday]

I've looked at the past 10 years - the dividend has increased from .52 in 2012 to 1.32 now (9.75%/year growth) and the current yield is 5.9%. The stock has increased 7.4% per year over that time but the book value per share is about $25 to $26 and the company has bought back shares at $26. The Price/Earnings ratio is about 7.5 which is consistent with an expected return of 5.9% yield + 7.4

[Rainyday]

I should have made it clear that my figures are all in Cdn. $'s.

[DeanEdmonton]

And I repeat - Anyone who says this stock has gone up 7.4% a year for the past ten years doesn't know how to do math or bought at the absolute bottom ten years ago at 10.00, and ignores the fact it was at 19 Feb 2011 and 21 Mar 2010, which goes to confirm the trading range I have been talking about. Even if you bought at 10, you would have been far better off over the past ten years if you

[stockmarket1]

100% agree with you Dean. Even more than a 10 yr chart looks dismall. This stock -- for buy and hold -- is a complete joke! A comedy act!  As I said previously. I don't hold MFC at this point but, the value now is tempting to buy. But, for some reason I'm still on edge buying this because I feel nothing will change. Sure, the divy is decent but really means nothing if the share price

[DeanEdmonton]

Areed. This company went public in 1999, at $18 a share, got as high as $43 in 2007, crashed to $9 in 2009 and has been up and down like the brides pajamas ever since.

[Zhenbumingbaizh]

Be careful ! A lot of shorters reviews . They need more sellers . I believe MFC will go upstairs. Good financial report . No reason to be down .

[stockmarket1]

That saying has been going on for 10+ years now lol. 

[SunsetGrill]

Does that cart included the $10-15 in divy's???

[stockmarket1]

No, does not include divy payout. Charts do not show that. That's a separate issue. Chart just shows the share price result. 

[SunsetGrill]

Yes, I am fully aware of that  A separate issue? Yes one you are completely missing  so anyone that has invested in the last 10 years has SAFELY gained appox 70%  - But that doesn't count?  It's all green

[stockmarket1]

If that's the case then. Sunlife shares have  blown this out of the water looking at a 10 year lol. 

[SunsetGrill]

Then buy that

[SunsetGrill]

take a closer look on Dec 7 2007 sun life was $54.91 and now $59  NOW YOU CAN LOL

[stockmarket1]

Ya and Manulife in 2007 peak was $40 lol? Below $22 at the close today. Sunlife was $51 in 2007 peak. $59 today. Hmmmm