Mexico Fund, Inc. (NYSE:MXF)
Non-diversified closed-end management investment company with the investment objective of long-term capital appreciation through investments in securities, primarily equity, listed on the Mexican Stock Exchange.
- Quote
- Commentary
- Scorecard
- Historical Prices
- Chart
- Stats
- Ratios
- Earnings/Growth Rates
- Statements
- SEC Filings
Recs
Following TSIF. Dividend.
Recs
I managed to close my CAPs position on the Mexico Fund, Inc when it was down 10% slightly positive and reopen it. Normally, that would be a bad Caps play as the S&P was down the same amount and the play was technically even. Mexico Fundh, Inc, however is a large dividend player and by reducing my "cost basis" I can get better compounding when a dividend is paid. I didn't study the underlying equity sufficiently so I'm not certain whether the downturn will affect the dividend, but usually not on a market dip as the dividend is generally fixed by most company's for short periods unless/until the base company is affected.
P/E is low, well below book value, (if accurate, probably not). There is both a dividend and a regular capital gains, so the financial statistics on most sites don't reflect the actual. $2.50 across the year in 2010 and on track to be $3.16 this year.
Coverage for more bear market games and a slow growth cycle. 13% dividends (at a $23 start price) seem solid. Near the bottom of it's price range. Dividends are quarterly with the next one in July. IF the S&P climbs a few percent then I'll be underwater on this call. IF I'm correct, this call will look pretty good after 3-4 quarters of dividends are credited into my start price. (Real start price pre-any-dividends. $23.33 (8/11/11).
Recs
When Cantarell goes, Mexico goes.
Recs
A mutual fund thats traded like a stock, well managed and postioned to do well as the us and mexico recovers. I believe this stock well double in 3 to 5 years.
Recs
Fading every pick made by Ultralong
Recs
The stock was already trading at a steep discount to its NAV before the swine flu rocked this closed-end fund yesterday, a lot harder than the Mexican equity market itself got hit.
Recs
Already overpriced. Add in swine flu and this thing is headed south.
Recs
The swine flu outbreak combined with the global recession will hit Mexico hard.
Recs
Warring drug cartels are creating political instability and damaging the all important tourism industry. In addition government revenues are hurt by falling crude oil.
Underperform the next few months.
Recs
Great Value
Recs
Hello? Bill? Hey. What's new? You're investing WHERE??? Hmmm.
Recs
Mexico is slowly emerging with a lot of room for growth. MXF is a good ETF mirroring the Mexican growth & progress. I believe this fund has a lot of room for growth. I see it happening every time I go to Mexico. Natural resources are also aboundant & labor is still very cheap.
Recs
CEF trading at a big discount to NAV due to arbs leaning into a recent rights offering. Pricing period for the rights starting next week will release pressure on the fund
Recs
Another Mexico play which should beat the S
RSS Headlines
Fool UK
- Show Me:
-
Outperform
-
Underperform
-
All
- Sort by:
-
Author
-
Recs
-
Date
-
Member Rating
-
Results 1 - 14 of 14