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 > MY OBSERVATIONS

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Comment by Catscratchon Nov 13, 2023 8:42am

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Post# 35731559

RE:MY OBSERVATIONS

"The big money is not in the buying and the selling but in the waiting" - Munger

I also think HPS will be significantly more valuable 1, 5, 10, 20+ years from now if it does not get acquired in the interim. Holding on to your stock after a meaningful increase is one of the hardest things to do investing.

Nice to see HPS' new CEO buying little stock at market last week.

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