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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... see more

TSX:VLN - Post Discussion

Velan Inc > Stephen Takacsy - BNN - again
View:
Post by Possibleidiot01 on Jan 31, 2023 3:17pm

Stephen Takacsy - BNN - again

Stock jump explained.

PAST TOP PICK

Velan Inc(VLN-T)

30/01/2023
 
 
(A Top Pick Jan 20/22, Down 39%)

Lead in their business. Just completed a successful turnaround and enjoying strong sales and a record backlog. Cheap, trading at under a third of book value. Expects a strong next quarter, and that's when the company should sell itself. He's pushing for a sale.

INDUSTRIAL PRODUCTS
 
$5.270
Owned
Comment by EbbFlow88 on Jan 31, 2023 4:08pm
I saw he was on in the morning and figured that was the reason for the jump. This time he said they are done the turn-around instead of the other times where he mentioned they are in the process of one. Seems he believes the timeline is getting closer to selling the company. Regardless of his take, the stock was and still is too cheap. 
Velan Inc