Hammond Power Solutions Inc T.HPS.A

$30 by December 31 possible and reasonable

[microcaphobby]

It sounds like the compnmay has expansioon planms in place to deal with the growing demand.

[blindpig]

Good to see Hammond firing on all cylinders.  Owned it for a number of years where it got totally ignored by the market and stuck in the $6-8 range. They had a few missteps like their investment in an Italian company, but otherwise well managed.   It's worth $30 and that would be only 10x p/e.  Try find another green energy transition company that trades that cheap. 

[valuestock]

Yes nice to see Hps hitting full swing.  i also like it's little sister HMM.a - they report on Tuesday. 

[blindpig]

I watch hmm too, but decided to go with hps. Larger company and more upside with transformers than electrical enclosures. Always bought Hammond enclosures at work. They were/are the gold standard. Hmm and hps use to be one company and split into two quite a few years ago. Don't know the rational behind that move. I guess each brother got his own company to run.

[Catscratch]

I'm surprised HPS didn't move a lot higher on these results.  I would expect another dividend increase in the near term.

[microcaphobby]

Very small float so buyers have to take nibbles at a time. Maybe we will see a block trade go through. If company wants to do a large expansion or acquisition then maybe it would do aprivate placement.