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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

Hammond Power Solutions Inc > Old man confused
View:
Post by undervalue on Mar 28, 2024 9:43am

Old man confused

I read the year end numbers last night and thought, well I would not be surprised if it traded down 20 dollars in the morning. 
Instead it is up 14. 
The pe expansion is well beyond my guess.
The saving grace of this is that I am lazy and just have sold 20 percent of the position. 
Truly wild.
Comment by Clowninthedark on Mar 28, 2024 10:37am
It is overbought so there could be a pullback. Anon and CIBC are hurting today but they have deep pockets so stay tuned.
Comment by retiredcf on Mar 28, 2024 10:49am
Given the way this company has been performing and with a MC now above $1B, I'm thinking that it's about time for the big banks to initiate analyst coverage. GLTA
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