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Bullish on MEOH ...
MEOH
Bullish on MEOH ...
MEOH
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+0.00%
in
4 minutes
(closed on 03/29/08)
I believe that there much room for growth in the use of methanol as a means of alternative fuel. Hence, I believe that MEOH is undervalued since the P/E =7.8.
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Taking a position in Methanex (MEOH)
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Methanex (MEOH) is the world’s largest producer of methanol, supplying about 17% of the global market. Methanex is headquartered in Canada, and has plants in Chile, Trinidad and New Zealand, all utilizing natural gas as feedstock because methanol can be manufactured much more cheaply from natural gas than from coal. Approximately 39% of global methanol [...]
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