Mar. 27 at 7:33 PM
$MX.TSX
$MEOH
Price/Earnings (TTM) 64.3. They pump it to S&P/TSX 60 and dump it to some retirement funds.
If a company has a P/E of 64, you are essentially paying for 64 years of current earnings upfront.
It is not a tech company; it is just methanol commodities. You must be retarded to buy it at this price, but swindlers from Fraud Street have a plan to dump it on some dumb fund manager. IMO