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Bullboard - Stock Discussion Forum Methanex Corp T.MX

Alternate Symbol(s):  MEOH

Chemicals Basic Materials
Methanex Corporation is a Canada-based producer and supplier of methanol to international markets. The Company supplies methanol to international markets in North America, Asia Pacific, Europe, and South America. Its operations consist of the production and sale of methanol, a commodity chemical. It operates production sites in Canada, Chile, Egypt, New Zealand, Trinidad and Tobago and the... see more

TSX:MX - Post Discussion

Methanex Corp > Analyst Recommendation
View:
Post by retiredcf on Jul 10, 2021 10:16am

Analyst Recommendation

https://www.bnnbloomberg.ca/video/andrew-pyle-discusses-methanex~2238794

BUY on WEAKNESS
 
Methanex Corp(MX-T)
09/07/2021 
 
Used to own it in the portfolio. An ancillary energy play. Playing inversely against natural gas. In the cyclical category. If you believe there will be a cyclical rebound in the world, it is a good play. Was extremely overbought and nat gas prices have gone up. The valuation has gotten to a point where it is attractive as an entry point. Will benefit over the next 3 years.
 
CHEMICALS
 
Andrew Pyle
$42.400
No
 
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