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Methanex Corp T.MX

Alternate Symbol(s):  MEOH

Methanex Corporation is a producer and supplier of methanol to international markets in North America, Asia Pacific, Europe and South America. The Company’s 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 United States. It has three plants in New Zealand, Motunui 1, Motunui 2 and Waitara Valley. Its Trinidad production site supplies methanol to all methanol markets. Its Chile production site supplies methanol to customers in South America and Asia Pacific, having two plants in Chile, Chile I and Chile IV. Its Egypt plant is located on the Mediterranean Sea and primarily supply methanol to the domestic and European market. Its plant in Medicine Hat, Alberta, supplies methanol to customers in North America. It also has interest in two methanol facilities in Beaumont, Texas, one of which also produces ammonia and methanol facility in Delfzijl, Netherlands.


TSX:MX - Post by User

Bullboard Posts
Comment by redrillon Oct 19, 2000 5:56pm
218 Views
Post# 2681252

RE: Reflection

RE: ReflectionJeese.....I think I touched a nerve. 3 posts all exactly the same, you must be nervous, have a twitch or be so flippin' mad that someone would call your prognostications into question. The stock closed at $6.90can, a drop, not the dramatic rise that has been heavily touted on this board. So what!! If your in control of your emotions now and care to check back you'll see I have never doubted the ultimate value of Mx, only the timing of spectacular price spikes some posters were calling for. I my view, the better a stock appears to be in producing real goods and producing cash the less likely we are to see spectacular price jumps. Now if you got an IDEA and label it with .com you can turn a quick buck cause thats what the day traders are after. In the long run those who are patient and hold Mx for 4-6 months, or even longer, will see those valuations you are predicting, I just don't like to see someone encouraging investors to use margin/bet the farm with the expectation of a quick flip and then have the quarters profit be reported almost as predicted by the analysts. The numbers were good but not up to predictions for what ever reason you choose to name. This doesn't mean the company should be written off as an investment, just temper your expectations to reality. Speaking of investing, that's a long term adventure, gambling is what you call looking for quick returns on short term plays. And before you ask I've held this stock for a long time, NOVA ring any bells
Bullboard Posts