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Velan Inc T.VLN

Alternate Symbol(s):  VLNSF

Industrials
Velan Inc. is a Canada-based manufacturer of industrial valves. The Company designs, manufactures and markets on a worldwide basis a broad range of industrial valves for use in critical applications. It provides solutions to many sectors including power generation, nuclear, oil and gas, chemicals, LNG and cryogenics, pulp and paper, geothermal processes, shipbuilding, defense, and carbon-neutral technologies. Its product categories include quarter-turn valves; gate, globe, and check valves; cryogenic valves; HF acid valves; steam traps; bellows seal valves, and Velan ABV valves. Its service includes research and development, maintenance manuals (IOMs), spare parts and service center locations. Its quarter-turn valves include Memoryseal ball valves and VTP-2000 high performance three-piece ball valves. The Company's cryogenic valves include cast steel cryogenic valves and API 602 small forged cryogenic valves. The Company has manufacturing plants in approximately nine countries.


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
292 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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