Hammond Power Solutions Inc T.HPS.A

Alternate Symbol(s): HMDPF

Industrials

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.

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Hammond Power Solutions Inc > Keystone Financial (Ryan Irvine)

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Comment by undervalueon Jun 21, 2023 4:35pm

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Post# 35507929

RE:RE:RE:RE:RE:Keystone Financial (Ryan Irvine)

When you sell 100% of plant capacity, you are going to make a lot of margin.
HPS is expanding capacity and the timing remains to be seen as to which quarter it will start.
Add that additional volume into earning power and numbers over $5 or 6 a share should happen in time, place an expanding multiple into the mix, $50 may look cheap next year.
The $75 expectation is not out of line.

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