Velan Inc T.VLN

Alternate Symbol(s): VLNSF

Industrials

Velan Inc. is a Canada-based manufacturers of industrial valves. The Company designs, manufactures and markets a range of industrial valves for use in industry applications, including power generation, oil and gas, refining and petrochemicals, chemicals, liquid natural gas and cryogenics, pulp and paper, geothermal processes and shipbuilding. Its products include Quarter-turn valves, Gate, globe, and check valves, Cryogenic valves, HF Acid valves, Steam traps, Bellows seal valves and Velan ABV Valves. Its services include research and development, maintenance manuals (IOMs), spare parts and service locations. The North American operations comprising two manufacturing plants in Canada, as well as one manufacturing plant and one distribution facility in the United States. Its overseas operations include manufacturing plants in France, Italy, Portugal, Korea, Taiwan, India, and China. The Company’s operations also include a sales operation in Germany.

TSX:VLN - Post by User

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

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Comment by Possibleidiot01on May 02, 2022 4:25pm

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Post# 34648947

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 .

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Strong bookings of $1.09 billion increased 14.9% year-over-year and 17.6% constant currency, the highest quarterly bookings level delivered since Q2 2019

Backlog of $2.23 billion at March 31 was up 11.3% versus 2021 year-end and 18.4% year-over-year. Backlog at highest level since Q3 2015 – positioning the Company for growth

Flowserve does mention supply chain issues.

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This company starts production at what could be Canada’s next great gold mine