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Bullboard - Stock Discussion Forum Velan, Inc. T.VLN

Alternate Symbol(s):  VLNSF

Velan Inc is an international manufacturer of industrial valves. It offers products such as Gate valves, check valves, cryogenic, steam traps, and others, which are used in various industries including power generation, oil, and gas, refining and petrochemicals, chemical, liquid natural gas (LNG) and cryogenics, pulp and paper, geothermal processes and shipbuilding. The company operates in various geographical regions, which are Canada, the United States, France, Italy, and Other countries.

The Market Herald Price Sensitive
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RE:VELAN MINORITY SHAREHOLDERS MUST PUSH FOR "PRIVATIZATION"

I am with you  rate and reply

Stephen Takacsy - BNN

Unspecified Velan Inc(VLN-T) It is a valve maker where the end markets have great importance, especially energy and nuclear. Has a strong backlog. He is one of the activists...read more

VELAN MINORITY SHAREHOLDERS MUST PUSH FOR "PRIVATIZATION"

Hello SCREAMER99   Your October 20, 2022 STOCKHOUSE posting is right on the nail.  The stock will never again reached $20.  Minority shareholders should clearly get together and...read more

RE:RE:RE:RE:RE:Q4 results - shaking my head

I don't know how low this will go. From what I can estimate, between actual cash costs and provisions, asbestos claims are costing the company $7m over each of the last 3 quarters ($4m cash costs,...read more

RE:RE:RE:RE:Q4 results - shaking my head

screamer99...good call..since your July post the stock has fell from 8 bucks to about 5. One has to wonder if it going to dip to the 2020 lows (just above 4 dollars). I will continue to monitor and...read more

RE:RE:RE:RE:Q4 results - shaking my head

Question asked on call. Asbestos, same as last q 4.3 million. ST was annoyed.   rate and reply

RE:RE:RE:Q4 results - shaking my head

Lower sales and profitablity due to delays related to government documentation and increased freight costs - fine. But what they don't disclose this quarter is anything to do with the asbestos...read more

Stephen Tacaksy on BNN - Buy

The song stays the same. BUY Velan Inc(VLN-T) 05/06/2022 at 08:00pm   Business has had strong financial results the past few quarters. Significantly increased...read more

RE:RE:RE:Q4 results - shaking my head

100% agree. I think they can generate $30m to $40m in EBITDA next year.  The biggest opportunity remains with the working capital.  I think they have at least $70 million of excess working...read more

RE:RE:Q4 results - shaking my head

Not to mention that the bidding environment must be very robust at the moment. Their book to bill ration was negative but look at the date of the end of Q4 and what the energy markets have done...read more

Re Asbestos.

Two of the Company’s U.S. subsidiaries have been named as defendants in a number of pending lawsuits that seek to recover damages for personal injury allegedly caused by exposure to asbestos...read more

RE:Q4 results - shaking my head

Wow. I'm impressed with how you picked up (only) all the negatives.  Yes, a cleaner EBITDA would exclude the gain -- but it would also exclude the litigation provision.  According to...read more

Q4 results - shaking my head

What the company doesn't present / mention: 1. The EBITDA of $16m is substantially all from the net gain on the sale of the JV interest. 2. With the above, EBITDA would have been break-even for...read more

RE:RE:(VLN.TO) : Book Value Per Share $13.53

Here's something from the Flowserve reports that might give investors hope about the bookings and backlog . " Strong bookings of $1.09 billion increased 14.9% year-over-year and 17.6...read more

RE:(VLN.TO) : Book Value Per Share $13.53

I believe the book value you quoted is in USD. I think the company has signficant operating momentum.  They wouldn't get a decent price if they sold now.  I think they need to clean up...read more

(VLN.TO) : Book Value Per Share $13.53

Trading in the $9 range.  Very volatile stock.  Something is lagging from institutional shareholders in having/pushing company proceeding to a Normal Course Issuer Bid (NCIB). ...read more

New CFO

08:06 AM EDT, 04/18/2022 (MT Newswires) -- Velan Inc. (TSX: VLN), a manufacturer of industrial valves, on Monday said it has appointed Rishi Sharma as Executive Vice President Finance, effective...read more

WOW- great revenue increase!

Q1 was excellent revenue... blew past expectations!   rate and reply

Takacsy Link

https://www.bnnbloomberg.ca/video/stephen-takacsy-discusses-velan-inc~2412175  rate and reply

Stephen Tacaksy on BNN - Buy

BUY Velan Inc(VLN-T) 28/03/2022 at 08:00pm   A leader in nuclear valves. Four years ago he was activist shareholder, but the company has made great strides since...read more