Investment Q&A

Q: Please comment on Q2 results for both ADW.A and MFC.
Thanks...Steve

Q: Any reasons that 5i can see that would account for the large difference in 10 year and 5 year in the performance of these companies that operate in similar industry. Companies outside of Canada have dramtically outperformed

10 year # including Div AON 470 MMC478 MFC 105 GWO 135 SLF 235

AON and MMC are 2 long term holdings in MAW120 and I am thinking of selling SLF and adding to MAW120

Q: Hi 5i
I bought POW at $24 about a year ago so have made over 70% with divs. I am tempted to sell it near all time high to buy MFC about 15% off 52 week high. Yields are the same, MFC has lower PE (9 vs 11) and lower PEGY. (Also own SLF which I will continue to hold long term). Thoughts?
Greg

Q: Hi Folks,
I currently own the following in my RRSP account (weightings in brackets ) - PG (4%), TD (13.5%), BNS (10%), MFC (3%), ABBV (6.5%), PFE (12%), BCE (14%), T (14.5%), AQN (6.5%), BIP.UN (6%), and ENB (6.5%).
I want to reduce my exposure to TD, BNS, BCE, T and PFE to bring them in line with the others - can you suggest some names that will complement the portfolio, keeping in mind I am looking for Income with some growth - long term hold.
Thanks

Q: Can you describe why sunlife is a better holding than manulife? Is manulife a good holding? Would it be better to own both of these or consolidate to the better insurance co?

Q: Please explain the June 24/21 Obatan offer and what it means to retail investors like us.

Is it somebody sniffing around trying to get MFC cheap before it eventually starts to grow again?

What are the growth expectations for the next 2-3 years?
Thxs...Steve

Q: Last earnings were hampered by an "inverted bond yield curve", which cost $800 M.
Is it reasonable to assume, that they will correct this issue before reporting again ?

Q: At under $25.00 would you purchase shares of MFC -

Q: I have the following companies in my RRSP account - I am looking to replace PG - can you give me some suggestions ? Something with some growth potential and dividend.

Thanks

Q: For investment into one of these companies from none to full position would you say that MFC has a reasonable potential for growth and share price appreciation? I am aware that your preference is for SLF ,based on your comments. However the lower share price and higher dividend associated with MFC have me leaning for the MFC. Are the other metrics of the SLF versus MFC make the SLF far superior over the MFC? Some recent portfolio managers featured on BNN market call recommended MFC rather then SLF. Thank you.

Q: In your response to a reader's question about MFC's earnings you said "The stock remains very cheap at 8X earnings, and can benefit if interest rates rise."

While I agree with you, I have now held MFC for 15 years and am beginning to lose patience on the turnaround. MFC pays a nice dividend, for income in my RRIF, but on MarketCall today, Norm Levine is still negative on MFC. He says they may not benefit as much as you might think if interest rates rise.

I have done well on SLF, which is 1.8% of a diversified portfolio,. Should I just throw in the towel on MFC and double my position in SLF?

If not SLF, what would you recommend? Or should I be patient with MFC for a few more years?

Q: Hi Folks,
I have MFC in my RRSP account and it's been relatively flat since I bought it despite a good earnings report - I am thinking of switching to TRP - can I have your opinion please. Stick with MFC or go with TRP?
Thanks

Q: Can you comment on their earnings? Thanks!

Q: Thoughts on the quarter for Manulife?
Thkx...Steve

Q: i see a lot of blue chip companies starting to redeem notes and not sure if i fully understand this. does this mean that companies have the money to pay back the notes which are usually higher interest and is this usually good for stock holders. manulife came out with 1 billion redemption of 4.7 usd senior notes this morning.

Q: over the last 10 years manulife (mfc) stock price has peaked at 27$, 5 times ,after reading the recent report on magellan (mal) i am thinking of selling MFC to invest in MAL ,your thoughts?

Q: I currently have Manulife in my RRSP account, I am thinking of replacing it with Sylogist for a little more growth. I have no Tech stocks in my account but do have TD and BNS. Can I have your opinion on whether the switch makes sense. I appreciate your advice.
Thanks

Q: In view of MFC's reported exposure in Asia could you please comment on
a)MFC's short term vulnerability to the current poor relationship with China
b) your view of MFC as an longer term investment at current prices
Bill

Q: Between the 3 insurance companies, what are the pros and cons of each, if you could suggest which would be a buy today for an RRSP.

Q: Peter; if China retaliate’s , as it usually does, to Canada’s sanctions, could MFC be at risk? Thanks. Rod