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Hammond Power Solutions Inc T.HPS.A

Alternate Symbol(s):  HMDPF

Hammond Power Solutions Inc. is a manufacturer of dry-type transformers in North America. It is engaged in engineering and manufacturing a range of standard and custom transformers that are exported in electrical equipment and systems. It enables electrification through its range of dry-type transformers, power quality products and related magnetics. Its standard and custom-designed products are essential and ubiquitous in electrical distribution networks through a range of end-user applications. Its products include power transformers, furnace transformers, converter transformers, unitized substations, control & automation products, low voltage distribution products, medium voltage distribution products and others. It supports solid industries, such as oil and gas, mining, steel, waste and water treatment, commercial construction, data centers and wind power generation. It has manufacturing plants in Canada, the United States, Mexico and India and sells its products around the globe.


TSX:HPS.A - Post by User

Comment by blindpigon Oct 28, 2022 3:21pm
146 Views
Post# 35056667

RE:$30 by December 31 possible and reasonable

RE:$30 by December 31 possible and reasonableGood to see Hammond firing on all cylinders.  Owned it for a number of years where it got totally ignored by the market and stuck in the $6-8 range. They had a few missteps like their investment in an Italian company, but otherwise well managed.  

It's worth $30 and that would be only 10x p/e.  Try find another green energy transition company that trades that cheap.  I think it'll be over $20 anyway.  Like to see them make a decent aquisition. 
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