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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 > Stephen Takacsy comments on BNN today
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Comment by HyperCubeon Jan 25, 2021 7:50pm
268 Views
Post# 32381137

RE:Stephen Takacsy comments on BNN today

RE:Stephen Takacsy comments on BNN today
Possibleidiot01 wrote: Quite the jump from his comments. Has a Buy on the company

Velan Inc (VLN-T)
January 25, 2021
 
He likes the valuation as it is the cheapest stock on planet earth. He has been active as a shareholder on the turn around plan and is quite happy about how the plan is going now. The results two weeks ago were phenomenal. They need to buy back shares or put the company back up for sale now.


Personally, I would prefer that they pay down debt rather than buy back shares.

 

Thanks for telling us about BNN, I was wondering what caused today's action. I still think VLN is cheap at $8.30, so I didn't think it was all that surprising that the price went up. But I didn't know why it was happening today.


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