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Bullboard - Stock Discussion Forum
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.
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TSX:VLN - Post Discussion
Velan Inc
> Stephen Tacaksy on BNN - Buy
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Possibleidiot01
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Post by
Possibleidiot01
on Mar 29, 2022 3:29pm
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 then. Their turnaround plan is in full swing. Gross margins have increased a lot and they have a record backlog. Are benefitting from energy infrastructure spending and the need for more energy. Company remains way below book value, so it's cheap. It could be sold one day. A long-term hold for a deep value investor.
INDUSTRIAL PRODUCTS
$10.500
Owned
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