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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

Comment by Catscratchon May 25, 2023 12:32pm
160 Views
Post# 35464020

RE:RE:MY OBSERVATIONS.... last week

RE:RE:MY OBSERVATIONS.... last weekHe last sold a little stock in Dec. 2022 and the share price promptly increased over 100% since.  That said, if he needs/wants some cash I'd rather see him borrow against his shares vs. sell but my understanding is he doesn't like debt (which is probably a good thing for hammond shareholders).
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