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Hammond Power Solutions Inc T.HPS.A

Alternate Symbol(s):  HMDPF

Hammond Power Solutions Inc. is a Canada-based company, which enables electrification through its broad range of dry-type transformers, power quality products and related magnetics. The Company's standard and custom-designed products are essential in electrical distribution networks through an extensive range of end user applications. The Company has manufacturing plants in Canada, the United States, Mexico and India and sells its products around the globe. Its products include power transformers, furnace transformers, converter transformers, regulating transformers, multi-pulse transformers, distribution transformers, pad mounted transformers and unitized substations. Its converter transformers are used in industries such as cement and steel plants, and other related applications. It serves various industries, including renewable energy, commercial infrastructure and industrial markets. It offers a variety of transformer and reactor solutions for the solar and wind energy market.


TSX:HPS.A - Post by User

Bullboard Posts
Post by zrobertsonon Aug 24, 2016 12:25pm
182 Views
Post# 25172223

Kick the can

Kick the canThis company has been kicking the can down the road for 8 years now. Admittedly I've been a sucker the whole time. Just when I finally decide to pull the plug at the next quarter, a good set of financials comes out. Then a couple crappy ones in a row. Then positive comments... 'the summer will be slow but should be good growth in the fall and winter months.'

Ultimately I'd love for someone to just take it over. Hammond must want to retire soon. I thought the COO hire was foreshadowing this but that was a year and a half ago now. Interesting there was no conference call with this Q.
Bullboard Posts