Stockhouse.com uses cookies on this site. By continuing to use our service, you agree to our use of cookies. Cookies are used to offer you a better browsing experience and to analyze our traffic. We also use them to share usage information with our partners. See full details.
I Agree
×
Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Privacy Policy | Disclaimer

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Privacy Policy | Disclaimer
Please Try Again {{ error }}

Send my password

Return to Login
SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

Velan Inc T.VLN

Alternate Symbol(s):  VLNSF

Industrials Business Equipment
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-neutral technologies. Its product categories include quarter-turn valves; gate, globe, and check valves; cryogenic valves; HF acid valves; steam traps; bellows seal valves, and Velan ABV valves. Its service includes research and development, maintenance manuals (IOMs), spare parts and service center locations. Its quarter-turn valves include Memoryseal ball valves and VTP-2000 high performance three-piece ball valves. The Company's cryogenic valves include cast steel cryogenic valves and API 602 small forged cryogenic valves. The Company has manufacturing plants in approximately nine countries.


TSX:VLN - Post by User

Velan Inc
<< Previous
 Bullboard Posts
Next >>
User Avatar Image
(9)
•••
  • screamer99X
Comment by screamer99on Feb 02, 2023 7:14pm
276 Views
Post# 35263645

RE:RE:RE:Stephen Takacsy - BNN

RE:RE:RE:Stephen Takacsy - BNNHow about the liability related to the claims the company currently has filed against them? This liability isn't on the books and if it's as large as I think it is, it would bring down your $20 to the current share price. Management is hiding this. Why do you think that disclsoure is no longer in the MD&A? Because the situation is improving? Umm, no.

They're a capital asset intensive company serving many geographies. If the "turnaround" is complete, how can they cut an additional 50% from opex?

My thoughts anyway. I'm staying away until more quarters are released to really see how this thing plays out. Well done to those who have benefited from the recent bump! ST should be on weekly!


<< Previous
 Bullboard Posts
Next >>
Dealroom for high-potential pre-IPO opportunities