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Bullboard - Stock Discussion Forum Velan Inc T.VLN

Alternate Symbol(s):  VLNSF

Velan Inc. is a Canada-based manufacturer of industrial valves. The Company designs, manufactures and markets on a worldwide basis a broad range of industrial valves for use in critical applications. It provides solutions to many sectors including power generation, nuclear, oil and gas, chemicals, LNG and cryogenics, pulp and paper, geothermal processes, shipbuilding, defense, and carbon... see more

Bullboard (TSX:VLN)

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(1950)
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  • Possibleidiot01X
Comment by Possibleidiot01on Dec 06, 2022 7:09am

RE:RE:Stephen Takacsy - BNN

PAST TOP PICK Velan Inc(VLN-T) 04/12/2022 at 07:00pm (A Top Pick Jan 20/22, Down 42%) It is a world leader in the design and manufacture of complex industrial valves ...more  
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(363)
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  • downwithdotcom1X
Comment by downwithdotcom1on Dec 05, 2022 3:29pm

RE:Stephen Takacsy - BNN

on again BNN market call today and RE-ITERATED his thesis on VELAN...doing well, huge backlog, trading at 0.3 book value, worth $20 to the right buyer etc..dwdc
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(1950)
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  • Possibleidiot01X
Post by Possibleidiot01on Dec 02, 2022 8:00pm

net-net , Robert Tattersall

The Globe and Mail reports in its Friday, Dec. 2, edition that tax loss season is a time when many investors choose to part company with stocks that have been a disappointment to them. The Globe's ...more  
Post by modulexon Dec 01, 2022 2:15pm

SOMETHING BREWING ABOUT VELAN

VELAN'S 52-WEEKS HIGH-LOW $10.70 - $4.76 Current trading price approximatel $5 Shares are trading in a swing mode (ex: up $0.18, down $0.20 on same day) in the past few sessions, leaving hints ...more  
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(4)
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  • BuffetsProdigyX
Comment by BuffetsProdigyon Nov 18, 2022 1:35pm

RE:VELAN MINORITY SHAREHOLDERS MUST PUSH FOR "PRIVATIZATION"

I am with you
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(1950)
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  • Possibleidiot01X
Post by Possibleidiot01on Nov 08, 2022 9:09am

Stephen Takacsy - BNN

Unspecified Velan Inc(VLN-T) It is a valve maker where the end markets have great importance, especially energy and nuclear. Has a strong backlog. He is one of the activists ...more  
Post by modulexon Oct 31, 2022 12:53pm

VELAN MINORITY SHAREHOLDERS MUST PUSH FOR "PRIVATIZATION"

Hello SCREAMER99   Your October 20, 2022 STOCKHOUSE posting is right on the nail.  The stock will never again reached $20.  Minority shareholders should clearly get together and ...more  
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(9)
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  • screamer99X
Comment by screamer99on Oct 20, 2022 9:51am

RE:RE:RE:RE:RE:Q4 results - shaking my head

I don't know how low this will go. From what I can estimate, between actual cash costs and provisions, asbestos claims are costing the company $7m over each of the last 3 quarters ($4m cash costs, ...more  
Comment by 1condoron Oct 19, 2022 12:21pm

RE:RE:RE:RE:Q4 results - shaking my head

screamer99...good call..since your July post the stock has fell from 8 bucks to about 5. One has to wonder if it going to dip to the 2020 lows (just above 4 dollars). I will continue to monitor and ...more  
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(27)
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  • undervalueX
Comment by undervalueon Jul 08, 2022 11:24am

RE:RE:RE:RE:Q4 results - shaking my head

Question asked on call. Asbestos, same as last q 4.3 million. ST was annoyed. 
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(9)
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  • screamer99X
Comment by screamer99on Jul 07, 2022 4:02pm

RE:RE:RE:Q4 results - shaking my head

Lower sales and profitablity due to delays related to government documentation and increased freight costs - fine. But what they don't disclose this quarter is anything to do with the asbestos ...more  
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(1950)
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  • Possibleidiot01X
Post by Possibleidiot01on Jun 06, 2022 3:03pm

Stephen Tacaksy on BNN - Buy

The song stays the same. BUY Velan Inc(VLN-T) 05/06/2022 at 08:00pm   Business has had strong financial results the past few quarters. Significantly increased ...more  
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(27)
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  • knicksmanX
Comment by knicksmanon May 19, 2022 2:32pm

RE:RE:RE:Q4 results - shaking my head

100% agree. I think they can generate $30m to $40m in EBITDA next year.  The biggest opportunity remains with the working capital.  I think they have at least $70 million of excess working ...more  
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(4)
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  • Deepvalue1981X
Comment by Deepvalue1981on May 19, 2022 1:51pm

RE:RE:Q4 results - shaking my head

Not to mention that the bidding environment must be very robust at the moment. Their book to bill ration was negative but look at the date of the end of Q4 and what the energy markets have done ...more  
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(27)
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  • undervalueX
Post by undervalueon May 19, 2022 11:52am

Re Asbestos.

Two of the Company’s U.S. subsidiaries have been named as defendants in a number of pending lawsuits that seek to recover damages for personal injury allegedly caused by exposure to asbestos ...more