MFC received permission to operate in Chengdu China. they are now in; serving
Shanghai, Guangzhou, Beijing,They operate more branches than any other foreign insurance company. Manulife Sinochem are planning to expand their operations in Shenzhen and Shaoxing.
MFC has operations throughout the world but is mainly focussed in the US and Canada. they expanded greatly in the US when they took over John hancock a good insurance company run by overpaid average management.
MFC $70.67cdn. $60.72us 15.29pe div 1.20
The China busines is a long way off on seeing a large contribution to the bottom line, and would look only at their other operations. mainly in North America.
own a small position, and have sold $60p on the company. hope to buy more 5% lower.
WENDYS
five years ago wendys sales were increasing and people thought their menu choices were ahead of their fast food compeitiors.
in the last two years wendys same store sales have decreased and their is even more compeition than ever. also there marketing campaign have not provided any results.
in 4th q wendys sales -2.1% and their mexican baja -2.9% however tims (Tim hortons) is up 5.8% in cnd. and 6.7% in the US.
heard Dave Thomas talk about Tim Hortons and he thought they would start to put a tims beside a wendys. you go to tims for your coffee maybe lunch, and wendys for lunch or supper. they were looking for another brand for a supper brand.
this makes sense in most cases as it costs very little to put another brand in and often pay for themselves in six nine months. you have increased sales and profits.
due to weak management Wendys is having trouble and now they are giving in to short term hedge funds who want tims sold spun out.
short term it is a win for shareholders, however long term it is one of the dumbest move a company could ever due. selling off your best and only growing brand. and killing the chance to merge the two brands.
they are planning to spinoff 12-15% in an ipo. this will get them $600 million roughly they paid $580 million in 1995. this is a good idea but they should keep control ie. 55-60%.
instead they will give wendys shareholders the shares in 8-9 months as long as the ipo goes well, and it should.
hard to get in on the ipo goldman will handle 2/3 and royal will get the scraps 1/3. why they are not selling more to cdn. on the ipo where the demand will be great just shows the morons running the company.
anyways would wait as the wendy shareholders will dump their shares they get in the spinoff, so if you do not get in on the ipo you will have another chance in the fall. long term tim hortons should be a good investment.
great deal depends on the US growth but if they can grow by 10% it should do very well.
Wendy management are idiots for givning in to the hedge funds and short term thinking of selling off your best a fastest (only) growing brand.
one final note China controlled CNOOC paid 2.3 billion for 45% of a Nigeria oil field.
this is the company that failed in the bid for US Unocoal bid. let me just say thought that it should have been allowed to go ahead. they wanted only the aisa assets and were going to sell the north american ones.
every talking head on CNBC that day thought this should not be allowed. this is not how the world should work, whoever wants it the most $$ should get it....the country still controls the resource, can tax it, put environmentals, work, standards ect.
anyways India and China are going to continue to buy up energy assets, heard every little of the news after all google $600 was a far bigger story..........
hoping for a small pullback, 5% in the oils, and cdn. financials BNS, SLF, MFC...........
thanks
selkirk
Shanghai, Guangzhou, Beijing,They operate more branches than any other foreign insurance company. Manulife Sinochem are planning to expand their operations in Shenzhen and Shaoxing.
MFC has operations throughout the world but is mainly focussed in the US and Canada. they expanded greatly in the US when they took over John hancock a good insurance company run by overpaid average management.
MFC $70.67cdn. $60.72us 15.29pe div 1.20
The China busines is a long way off on seeing a large contribution to the bottom line, and would look only at their other operations. mainly in North America.
own a small position, and have sold $60p on the company. hope to buy more 5% lower.
WENDYS
five years ago wendys sales were increasing and people thought their menu choices were ahead of their fast food compeitiors.
in the last two years wendys same store sales have decreased and their is even more compeition than ever. also there marketing campaign have not provided any results.
in 4th q wendys sales -2.1% and their mexican baja -2.9% however tims (Tim hortons) is up 5.8% in cnd. and 6.7% in the US.
heard Dave Thomas talk about Tim Hortons and he thought they would start to put a tims beside a wendys. you go to tims for your coffee maybe lunch, and wendys for lunch or supper. they were looking for another brand for a supper brand.
this makes sense in most cases as it costs very little to put another brand in and often pay for themselves in six nine months. you have increased sales and profits.
due to weak management Wendys is having trouble and now they are giving in to short term hedge funds who want tims sold spun out.
short term it is a win for shareholders, however long term it is one of the dumbest move a company could ever due. selling off your best and only growing brand. and killing the chance to merge the two brands.
they are planning to spinoff 12-15% in an ipo. this will get them $600 million roughly they paid $580 million in 1995. this is a good idea but they should keep control ie. 55-60%.
instead they will give wendys shareholders the shares in 8-9 months as long as the ipo goes well, and it should.
hard to get in on the ipo goldman will handle 2/3 and royal will get the scraps 1/3. why they are not selling more to cdn. on the ipo where the demand will be great just shows the morons running the company.
anyways would wait as the wendy shareholders will dump their shares they get in the spinoff, so if you do not get in on the ipo you will have another chance in the fall. long term tim hortons should be a good investment.
great deal depends on the US growth but if they can grow by 10% it should do very well.
Wendy management are idiots for givning in to the hedge funds and short term thinking of selling off your best a fastest (only) growing brand.
one final note China controlled CNOOC paid 2.3 billion for 45% of a Nigeria oil field.
this is the company that failed in the bid for US Unocoal bid. let me just say thought that it should have been allowed to go ahead. they wanted only the aisa assets and were going to sell the north american ones.
every talking head on CNBC that day thought this should not be allowed. this is not how the world should work, whoever wants it the most $$ should get it....the country still controls the resource, can tax it, put environmentals, work, standards ect.
anyways India and China are going to continue to buy up energy assets, heard every little of the news after all google $600 was a far bigger story..........
hoping for a small pullback, 5% in the oils, and cdn. financials BNS, SLF, MFC...........
thanks
selkirk
