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 > New CFO

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Comment by knicksmanon May 03, 2021 8:04pm

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Post# 33120582

RE:New CFO

I'm really excited to see the next quarter. Feels like the set up is perfect for a breakout quarter.
Gross margins are improving just as volumes return.
Sucessful restructuring + the highest backlog since 2012...
Trades at 4x EV/EBITDA and 0.6x P/B...makes no sense.
Should be >$14 after one or two decent quarters.
Nice thing that the next two quarters will be reported soon.

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