Mexico Fund, Inc. (NYSE:MXF)

CAPS Rating: 2 out of 5

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.

Results 1 - 14 of 14

Recs

0
Member Avatar jlmjlm77 (99.32) Submitted: 1/27/2014 3:02:52 PM : Outperform Start Price: $25.84 MXF Score: -17.06

Buy low - sell high

Recs

0
Member Avatar TSIF (99.96) Submitted: 8/11/2011 7:43:55 PM : Outperform Start Price: $16.60 MXF Score: -28.60

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

0
Member Avatar FalconBoston (99.77) Submitted: 3/30/2010 3:12:43 PM : Underperform Start Price: $13.69 MXF Score: -0.23

When Cantarell goes, Mexico goes.

Recs

0
Member Avatar clintpickwins (29.31) Submitted: 1/6/2010 12:01:20 PM : Outperform Start Price: $13.93 MXF Score: +0.56

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

0
Member Avatar gmXmkttiming (28.28) Submitted: 5/7/2009 12:54:43 PM : Underperform Start Price: $9.12 MXF Score: -50.69

Fading every pick made by Ultralong

Recs

0
Member Avatar TMFBreakerRick (81.78) Submitted: 4/28/2009 11:28:20 AM : Outperform Start Price: $7.91 MXF Score: +77.96

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

0
Member Avatar goldminingXpert (29.52) Submitted: 4/27/2009 3:12:53 PM : Underperform Start Price: $7.89 MXF Score: -79.61

Already overpriced. Add in swine flu and this thing is headed south.

Recs

0
Member Avatar kinggin (66.32) Submitted: 4/27/2009 11:26:56 AM : Underperform Start Price: $7.98 MXF Score: -77.65

The swine flu outbreak combined with the global recession will hit Mexico hard.

Recs

0
Member Avatar Josher429 (< 20) Submitted: 2/23/2009 5:41:00 PM : Underperform Start Price: $6.22 MXF Score: -128.91

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

0
Member Avatar tmateo (38.61) Submitted: 10/13/2008 12:50:27 PM : Outperform Start Price: $8.09 MXF Score: +93.54

Great Value

Recs

0
Member Avatar FiddlinBends (52.54) Submitted: 12/29/2007 6:43:40 PM : Outperform Start Price: $16.22 MXF Score: +10.24

Hello? Bill? Hey. What's new? You're investing WHERE??? Hmmm.

Recs

0
Member Avatar nino347 (< 20) Submitted: 9/26/2007 5:07:32 PM : Outperform Start Price: $16.82 MXF Score: +9.44

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

0
Member Avatar piampiano (74.53) Submitted: 4/13/2007 5:31:05 PM : Outperform Start Price: $16.33 MXF Score: +5.78

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

0
Member Avatar redmust (34.79) Submitted: 2/2/2007 5:06:04 PM : Outperform Start Price: $16.14 MXF Score: +5.82

Another Mexico play which should beat the S

Results 1 - 14 of 14

Featured Broker Partners


Advertisement