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 Mrguillaumeon May 21, 2021 11:01am

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Post# 33247672

RE:RE:RE:RE:RE:RE:New CFO

Listening to the cc I heard a few headwinds remaining. COVID cases in India are hampering manufacturing, supply constraints, V20 NA re-org still not efficient, steel costs and transportation issues.

I've owned this for 3+ years and keep thinking "next q, next q". Lots of upside on a buyout - $20+ but until then Velan is the definition of a value trap.

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