Hammond Manufacturing Company Ltd T.HMM.A

Alternate Symbol(s): HMFAF

Industrials

Hammond Manufacturing Company Limited is a Canada-based company, which is involved in the design, manufacture, and sale of electrical and electronic components. The Company manufactures a range of products for the electronic and electrical products industry, including metallic and non-metallic enclosures, racks, small cases, outlet strips, surge suppressors and electronic transformers. Its primary products include electrical and electronic enclosures, racks and cabinets, power bars, and electronic (low voltage) transformers. The Company and its subsidiaries operate in Canada, the United States, the United Kingdom and Australia and Taiwan. Its products include Mild Steel Enclosures (Type 12, 4), Stainless Steel Enclosures (Type 4X), Aluminum Enclosures (Type 4X), Disconnect Enclosures, Modular Freestanding Enclosures, Operator Interface Enclosures, Wireway & Trough, Commercial Enclosures, Rack Accessories, General Accessories, Low Voltage or High Voltage Tube plate, and others.

TSX:HMM.A - Post by User

Hammond Manufacturing Company Ltd > Rock Solid Q1 😀🤩😎

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Comment by HyperCubeon May 02, 2022 9:49pm

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Post# 34649806

RE:Rock Solid Q1 😀🤩😎

babybunny wrote:

I am still astonished that Hammond trades at a P/E of 5. I have a full position already, but am sorely tempted to add more.

Yes, me too. HMM.A is currently my largest position. Up to 2 years ago it was BRK.B that was my largest position. Compared to BRK.B, HMM.A is smaller ( !!! ) and more volatile. I'm not buying more because I don't want to have a too large proportion of my portfolio in a single stock. But with such a P/E and with the company growing I think HMM.A is quite a sure bet.

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