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Bullboard - Stock Discussion Forum 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... see more

TSX:HPS.A - Post Discussion

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Post by bigbird11 on Mar 07, 2023 9:08pm

EARNINGS

WHAT I NOTICED TODAY......... ONE cross of 50,000 shares ACUMEN ...... ACUMEN  @ 30.75 at the end of the day. Also 2 crosses of 10,000 shares ANONYMOUS.........ANONYMOUS during the day .This tells me that some fund companies are desperate to get a hold of stock which is in short supply.therefore the price is going higher.  At $3.77 a share profit for thr year = $37.70 @ 10 x being conservative. With blowout earnings for the quarter being $1.53, We could see  $6  /  share profit for next year or  6 x 10  = $60  .  Growing pains this year may scale the profit back to maybe $1.25 per quarter or $5.00 a share  x 10  = $50 . Than again I am only guessing. With these types of crushing earnings someone may take a run at HPS  sooner than one would think. OFFER------ $50   ????
Tommorrws opening will be up ----- how much ? The market will let you know
Comment by Paddy902 on Mar 07, 2023 11:42pm
I certainly would not be surprised to see us open at $34 and work up from there. Afraid I will likely need to sell some just to keep the % of portfolio reasonable!! What a great problem to have. With an average cost around $7 it will generate a nice tax bill as well...another great problem to have!! lol
Comment by bigbird11 on Mar 08, 2023 7:38am
If you got 10,000 shares........ I would sell off 2000 shares @35 to get my money out. If you had 5000 shares ......... 1000 off the table . This company is a WINNER. You won't see too many companies like this one in the next 10 years. There is nothing to be afraid of. Markets go up and they go down. If you are afraid of losing money than you should  not be here. Buy some gics that give ...more  
Comment by Catscratch on Mar 08, 2023 8:36am
I wouldn't sell a share.  Close your eyes, lose you brokers password/phone number.... Whatever you need to do.... Check the stock again in a year.
Comment by Sumdim3 on Mar 08, 2023 2:34am
Yeah, fortunately/unfortunately  the company is family controlled.  So if they decide they don't want to sell then there goes that. Either way this is headed to a much higher valuation.  I just hope everyone doesn't figure out a 100% conversion to EVs will never work. Haha.