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Methanex Down Near Fair Price – Analyst Blog

Zacks Market Commentaries (March 26th, 2009) Writes:
Methanex Corp. (MEOH) is the world's largest supplier of methanol. Potential markets for methanol include dimethyl ether and bio-diesel businesses. The company has embarked on a number of growth projects, including the one on alternative natural gas sources in Chile.In 2008, the company has incurred negative cash margins on reselling methanol purchased from other producers. Further, lower methanol demand and pricing as well as an increase in worldwide inventories due to the global economic crisis are negatively affecting the company.Methanex is currently valued at 5.9x our 2010 earnings of $1.31, which is at a sharp discount to the industry median of 11.0x. The company has potential markets for methanol products including DME and bio-diesel.However, falling methanol demand and pricing as well as an increase in global inventories due to the worldwide economic crisis are negative factors affecting the company. We believe that ...

Iowa Stocks

Fred Fuld (October 6th, 2008) Writes:
Iowa is home to seven of the top 1000 companies in the United States. Surrounded by two great American rivers, The Mississippi, and the Missouri, connected by multiple interstate highways, and U.S. Highways, as well as several big airports, it is no wonder that Iowa does business with the world. Here are some interesting facts about the state:1. Iowa is the number one producer of pork.2. Iowa is number one in egg production.3. The state has over 400 certified organic farms.4. 37% of Iowa’s exports go to Canada, 15% to Mexico, and 7.8% to Japan.5. Iowa’s top exports are: machinery, transportation, and electrical equipment.6. The manufacturing industry constitutes 22.2% of Iowa’s gross state product.7. Trade, transportation and Warehousing employ the largest number of people in the state.8. Almost 90% of the state territory is used for ...

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