Manulife Financial Corp T.MFC

27.05, Up .92 cents Better Results in Canada, Worse In Asia

[DeanEdmonton]

Despite every other insurer in Asia making strong gains Manulife got worse. Asia has long been touted as the diamond in Manulife's Crown that will lead to great long term growth. Hasn't happened in the last 15 years, no sign it will happen in the next 5. If you are holding this and it gets over 30,  finally, I would suggest taking the profit and waiting for the next, inevitable down run. GLTA

[hoffbag]

Nice point. I remember a few weeks ago Gori was spouting off at Davos about how good they were doing in Asia. Then right after read about how Sun Life had scored a deal. So while one was showboating the other was making hay.  It does seem like their relative strength in Asia is shrinking. 

[Mauserintime945]

Above all, you must not miss an opportunity to take part of your profits.

[DeanEdmonton]

Back down to  $26.50. Well, that run up sure didn't last very long and it couldn't even hold onto the buck it gained after results were announced.

[willyk3]

The stock price can lurch back and forth but really..do U much care if U are hloding mostly for the divvy..and that has not dropped..  I dont envision a repeat of the dividend debacle of the meltdown years ago  Not planing on selling anytime soon

[DeanEdmonton]

I understand your point, but my perspective is, I want the dividend AND Share Price Growth. Compare Manulife to RY over thhe past ten years and it is really easy to see which has been the better at both. RY has doubled and pays 4%, MFC is basically flat to up 20% depending on when you bought and pays 5.4%. The extra 1.4% does not come anywhere close to offestting the share price staying flat. The

[willyk3]

You are absolutely right there, so the question becomes... going forward ,which one are you more comfortable with, which one has less of a chance of a precipitous drop.  Maybe the wise choice would be a bit of both. It's been twenty odd years of outperformance by the banks as they rode down the interest rates but perhaps now is the time for alttle but of a show from the lifeco's as

[DeanEdmonton]

Well, if you hate Banks don't buy them. I hate Walmart becasue of the way they treat their staff, competitors and suppliers. I think they are a huge leach, so even though I would have done well owning their shares, I have never bought a single one. As far as Insurance companies doing better with higher rates, if they haven't figured out how to adjust their business model over the past 20