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Strategies & Market Trends : Dino's Bar & Grill -- Ignore unavailable to you. Want to Upgrade?

To: Goose94 who wrote (99066)	12/9/2020 9:38:01 AM
From: Goose94	Read Replies (1) \| Respond to of 202691

Methanex (MX-T) new 52 week high, $56.45

To: Goose94 who wrote (99066)	5/4/2021 2:42:32 PM
From: Goose94	Read Replies (1) \| Respond to of 202691

Methanex (MX-T) revisited 3.0 top pick from Brian Madden on BNN.ca Market Call Tuesday May 4th @ 1200ET With a 14 per cent share of the global market, Methanex is the world’s largest producer of methanol, a product used in fuel blending and in plastics and other chemical applications. The company operates six production facilities in Canada, the U.S., Chile, Egypt, New Zealand and Trinidad & Tobago. Rare among commodity producers, Methanex generates prolific free cash flow through the cycle, thanks to its efficient plants situated near abundant sources of low cost natural gas feedstock. Methanol demand and pricing is roaring back from last year’s cyclical trough, and Methanex earnings which grew 970 per cent year over year in Q1 are roaring back alongside the commodity. Although the shares have also recovered sharply, they trade at a modest 2.2x book value vs. their ten year average of 2.5x and well below prior cycle peaks above 4x.