Fomento Economico Mexicano ADR Representing 10 Units of Ord Shs FMX

Fomento Economico Mexicano, S.A.B. de C.V. (FEMSA) is a holding company. The Company's segments are Coca-Cola FEMSA, FEMSA Comercio-Retail Division and FEMSA Comercio-Fuel Division. The Company conducts its operations through holding companies, such as Coca-Cola FEMSA, S.A.B. de C.V. and subsidiaries (Coca-Cola FEMSA), which produces, distributes and sells beverages; FEMSA Comercio, S.A. de C.V. and subsidiaries (FEMSA Comercio), which consists of a Retail Division operating various small-format chain stores, and CB Equity LLP, which holds its equity investment in Heineken N.V., and Heineken Holding N.V. The Company's Coca-Cola FEMSA produces, markets, sells and distributes Coca-Cola trademark beverages through standard bottler agreements in certain territories in the countries, in which it operates. Coca-Cola FEMSA also sells bottled water products. FEMSA participates in the retail sector primarily through FEMSA Comercio.

NYSE:FMX - Post by User

Fomento Economico Mexicano ADR Representing 10 Units of Ord Shs

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Post by Koopmanon Feb 11, 2017 1:53pm

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Going Short on FMX

I used to be long this stock then sold out around $75. Of course after that, it goes up. To me, FMX is more of a commentary on US/Mexico relations and more importantly, the USD vs Mexican Peso. As all the provits need to be repatriated, if the USD goes up, the revenues will go down. That is what I think is in store for FMX and think there's decent room to go down.

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