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Hammond Power Solutions Inc T.HPS.A

Alternate Symbol(s):  HMDPF

Industrials
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

Hammond Power Solutions Inc
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Post by undervalueon Nov 02, 2023 12:36pm
227 Views
Post# 35713870

PLPC

PLPCI sold PLPC at 160 for no other reason than to say I made 100 dollars a share.
The stock is off 23$ today at 114.
The communications side of their business was weaker than expected,  and they made a comment regarding restocking across the book.
Hammond Manufacturing had a sell off yesterday.
My optimistic thought is that Hammond Power is in segment that is different from the other 2.
While servicing similar markets, HPS is higher margin and more directly exposed to the grid issues.
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