Our website is made possible by displaying non-intrusive online advertisements to our visitors.
Please consider supporting us by disabling or pausing your ad blocker.
The market share of Manulife is very small in Malaysia. There are only two ways for expansion: RTO by a larger insurance outfit, or merger with a small or medium life insurance company. Until then, the assets can not be unlocked! In a sense Manulife is inefficient or ineffective in utilising its vast resources. The management has to sit down and brainstorm and find means of improving the financial performance.
Asset rich but earning poor, and hence the counter is largely ignored by investors-- solid but boring. Hopefully, earning can perk up in the next few quarters and attract new buyers to the stock.
