Replies to post #33 on Methonex (MEOH)

[nowwhat2]

Hey - You're a numbers guy (as I seem to recall - From I don't know which board - perhaps Charlottes' ?)

So, these numbers look atrocious or something ? * Must be !

https://m.nasdaq.com/press-release/methanex-reports-second-quarter-2019-results-20190731-01363


Plus their share buybacks have turned out to be poorly timed !....

"We returned $75 million of excess cash to shareholders through our regular dividend and share repurchases in the second quarter. To June 30, 2019, we have repurchased 1,069,893 common shares, of the 3,863,298 authorized, for approximately $53 million since the start of our normal course issuer bid on March 18, 2019."

So from $ 75 to $ 55.....Here;s where they bought 1.069 million :







* Companys don't always buy what they SAY they're gonna.....


Nor do they HAVE TO - It's a *stupid thing !