Comments for MEOH - Stockpickr! Your Source for Stock Ideas

Comments for MEOH

Added By	Comments	Type	Date Added
sarah z	From a recent Mad Money show: "This stock has been so cheap for so long I don't know what to say. I can't get behind it. This group is hard, let's just go with DuPont (DD) or Dow Chemical (DOW)."	Love	June 03, 2008
sarah z	Methanex Corp. said recently it plans to repurchase up to 7.9 million shares, or about 10 percent of its outstanding stock. It also has approved an 11 percent increase in its quarterly dividend, to 15.5 cents from 14 cents. Chief Executive Bruce Aitken cited the dividend increase recently as he complained the market has long underestimated the company's value as a cash generator. It was the sixth hike since Methanex began paying dividends in 2002. The company has also suffered from a perception that methanol prices are bound to fall in the long term, but that has not panned out in part because energy prices make it difficult for new producers to enter the market, he said. "It's always methanol prices are great this year, but not so good next year, and terrible in the future," Aitken told the company's annual meeting in Vancouver as he dismissed the critics. Methanex is the world's largest producer of methanol, an alcohol used as a base chemical to produce a variety of products, including fuel additives. The quarterly dividend will rise to 15.5 cents a share from 14 cents, the company said, adding the increase will apply starting with the dividend payable on June 30. The stock trades for 5x cash flow.	Love	May 14, 2008
High Dividends	11%	Love	May 10, 2008
sarah z	From a recent Mad Money show: "This stock has been so cheap for so long I don't know what to say. I can't get behind it. This group is hard, let's just go with DuPont (DD) or Dow Chemical (DOW)."	Love	May 08, 2008
supratrade	NASDAQ	Love	August 27, 2007
pfdebartolo	Long Term	Love	August 16, 2007
jeremycarter23	Potential acquisition play sometime in the future perhaps...	Love	August 01, 2007
sarah z	One is Methanex (MEOH), which is a single-play, single-commodity, specialty chemical company that shouldn't be an independent firm. There's no reason in the world for this company to be a stand-alone play. Methanex produces methyl tertiary-butyl ether (MTBE), a formerly widely used gasoline additive that has been banned in the U.S. completely. That ban has driven the price of MTBE from $1.80 down to $1.00 a gallon. Methanex is the world's leader in this single product, selling at nine times expected 2008 earnings. That is an earnings yield of more than 10%. They have no defenses against a takeover. This is an easy company for a bigger chemical company to buy and fold. It's got a $4.5 billion market valuation. It's completely bite-size; I don't think the company will going to exist two years from now.	Love	July 12, 2007
trs047	Bought in 1994 for long term capital gain.	Love	April 25, 2007
madiganx	fundamentals	Hate	April 04, 2007
ronkh23	GROWTYH	Love	March 03, 2007
dkpho_bo	energy	Love	February 15, 2007
CYNTHIA WOOD	MOMENTUM	Love	January 29, 2007
ayrton	Methanol	Love	January 27, 2007