KLSE (MYR): MANULFE (1058)
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Last Price
2.13
Today's Change
+0.02 (0.95%)
Day's Change
2.11 - 2.13
Trading Volume
26,000
(1) They have to buy things that people don't want, (2) Make Improvement On It, (3) Use more market ways to grow their business.
2014-11-18 12:38
This Co is a puzzle. The management has succeeded in driving profits (quarterly) to less than a third despite acquiring asset management business. Asset management is a fee-based activity where the asset manager i.e. Manulife gets income irrespective of which direction the market goes.
I hope the head office sees the absence of quality among the top management & gets rid of them. They know how to make impressive statements in the annual report which is a mere Public Relations nonsense to hoodwink the shareholders. We want to see them earn their keep by sustaining & improving profits.
2014-12-21 05:51
Extracts from the latest quarterly :-
"A holistic customer-centric approach will be taken in our forward thinking solutions designed to help our customers’ most significant financial decisions. We will offer a range of innovative ...blah, blah, blah" - Sounds like hogwash to me
"Barring any unforeseen circumstances and the change in MGS yields, the Directors expect the
Group’s performance to remain satisfactory in the current financial year ending 31 December 2014" - Huh? Did I miss out something? Seems out of whack when profits compared to corresponding previous quarter fell more than 73%!!
2014-12-21 06:00
Share price is tanking. Investors have spoken.
Will the parent co just sit by the sidelines & watch the co slide? or
Will it take the bull by the horns & implement major changes to halt the decline?
2015-01-12 09:30
i think they are underwriting losses... their source of income from investments is the reason they still can survive... oh no....
2015-04-22 15:23
The latest quarterly results show no top-line growth. The net profit however increased not because of management capability but due to luck. The large increase in MGS yield caused a reduction in contingent liabilities.
In summary, the management is inept and the major shareholders seem to allow it to drift into oblivion. How long do they want to wait before taking any action? Take the bull by the horns - do something!!
2015-08-25 10:29
Another pathetic performance. It's on the long slide downwards. Dividends are dwindling. What I'll do is that I'll boost up my yield with the door gifts and free food at the AGM haha
2016-02-25 10:50
hi guys , someone still at manulife, can I know why I cannot see any dividend info ?
on 24/02/2016 manulife declare 9 sen dividend right ?
still havent proceed or cancel dividend ?
please help guys
thanks
2016-04-08 03:12
Look at the announcement titled "Others".
Note that dividend is only contingent upon approval at the AGM by shareholders.
2016-04-08 09:14
thanks sheldon , I understand already , need to wait AGM declare now still under proceed ?
2016-04-08 21:19
At the recent AGM, the chairman was impatient & was trying to bulldoze the accounts deliberation. That's not right as shareholders only has a once a year opportunity to grill the board.
Shareholders are concerned over several issues including the declining share price & dividends. The fact that the investment was written down soon after acquisition which smells a rat.
MSWG raised the issue that one of the directors did not attend 3 out of 5 board meets and was not present at the AGM was seeking re-election. A few of us was put our hands up opposing to his re-election. However there were several old folks who were just pleased to be treated nicely in a pleasant surrounding, with an umbrella as a door gift and a spread of food who blindly like zombies supported his re-election. MSWG also noted that there was a director who did not attend the past 2 AGMs as well as the current. It gives me the impression that their presence in the company was merely to carry the title "director", collect fees and eat popiah at meetings. I hope that the parent company notices these red flags & do something about it.
2016-05-22 10:02
Regulator simply approved directors including lazy director? Anyway, many directors are there just to collect easy $.
First time drop by here, wonder it is the right entry point now. Will consider at around 2.20.
2019-10-01 11:20
In case you or family members had bought investment linked insurance products, always ask the insurance company or its agent (better in black and white) on the annual premium that you need to pay at various stage, eg. at age of 55, 60, 65 etc, then you can know how much to pay when you are old and judge whether you still can afford then before it is too late. Wish no body is mislead.
2019-10-01 11:21
I will continue hopd my tickets average price RM2.40.good luck guys
2022-05-31 20:13
for those who has missed out MNRB, Manulife is trading even at huge discount against NTA with p/e less than 5
The dividend yield around 3.25 %.
2024-02-27 13:42
Wow, this counter has just sprinted past MNRB and results haven't even been announced yet.
Should be very very good news coming
2024-05-13 09:17
Insurance businesses become booming sector now esp the earning is a few hundred % better than last year. No wonder Warren's Berkshire keep on buying insurance business.
https://www.cnbc.com/2024/05/15/warren-buffetts-berkshire-hathaway-reveals-insurer-chubb-as-confidential-stock-its-been-buying.html
2024-05-21 15:58
Try to make a simple compare with takaful. LPI.. Allianz in EPS.. NTA.. Share price
2024-06-03 13:28
Flourishing of digital centers and other foreign investments create more jobs, so very likely more medical insurance and takaful to be sold.
Share price of Manulife cannot simply be compared to its share price two years ago, because its NTA has increased by 33% from year 2022.
NTA as at 31st March 2024 RM5.94
NTA as at 31st March 2022 RM4.48
2024-06-03 13:54
This counter will break Rm3. 00 soon... Try compare with LPI.. TAKAFUL.. ALLIANZ.. EPS.. NTA.. ROE
2024-06-07 12:46
Cheapest insurance company in town p/e 5 , Nta 5.25 trading at huge discount
2024-06-09 21:35
Manulife vs LPI... NTA. EPS... Share price.. Then will know which counter to buy
2024-06-23 13:26
guys, new learner here. Want to ask, if hold share before ex dividend date, i still eligible if i sell the share before the record date?
2024-06-28 17:36
Nope, you won't get your dividend if you sell before ex-dividend. The earliest you can sell and and get the dividend is on ex-date, i.e. 1st July in this case but you need to note the market price will likely be adjusted on 1st July anyway
2024-06-28 21:52
Why want to sell cheap at RM2.21 or below on Monday for an undervalued company? Although price usually ease on ex dividend day or few days after.
2024-06-29 10:12
Market sentiment is very weak.
No matter how good is the result, share price will not be up.
Can refer to Perdana, Keyfield..
2024-08-20 15:56
Hopefully, if it can repeat good results like MNRB.
Hence, I'm buying more before results are released next month...
3 weeks ago
Buy a good fundamental stock when no one notice. Investment is just simple as that
3 weeks ago
Kian Leong Lim
Asset growth tallies with liability growth and roe is down. This shows the company has not been very effective in improving efficiency. the other reason may be the company has too much competition in the local market. Asset management is a good field but how to enlarge the company's market share in the insurance business posses a big challenge for the company. As for the lending business, I am neutral on this area.
2014-11-18 12:33