Bullboard - Stock Discussion Forum Methanex Corp T.MX

Alternate Symbol(s): MEOH

Chemicals Basic Materials

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... see more

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Methanex Corp > Methanex

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Post by Bagofhammers on Jan 20, 2021 5:37pm

Methanex

This is taking a pounding. Insights?

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Comment by Whlush on Jan 21, 2021 9:53pm

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Comment by bendmeover on Jan 25, 2021 10:00am

one might assume .... we had a little quarterley report leak .... this company should keep this under lock and key if this is the case ...... this is a little thinly traded at times , so it gets amplified ..it was due for a pullback , becuase it did rocket up ...it might also have been a failed partnership on gesimar 3 ..just guessing , .... we do have a new plant coming on line owned buy ...more

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Comment by Whlush on Jan 26, 2021 1:53am

Probably multiple factors influencing. methanol price going down and dimmer prospect for pandemic reducing and pullback to harvest profit... however, hard to explain why only it plummeted so fast without a little rebounds to release stocks on big holders' hands

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Comment by Zoltar4kingrite on Jan 26, 2021 9:01am

For the 4Q revenue $644M EPS $0.14 Average target $58.80, range $16 to $64....you can drive a mack truck thru these estimates ...

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Comment by Zoltar4kingrite on Jan 26, 2021 9:09am

Sedar shows fidelity bot 2.6 millions shares over nov to dec 2020...price spike after that, then slowly returned to 43-44 level... trying to talk myself into buying at this level..

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Methanex Corp