Velan Inc T.VLN

More Takacsy

[retiredcf]

His final past pick on today's Merket Call. He still owns it as a "deep value investment" and thinks that it will eventually be sold, notwithstanding earlier objections from the French government. GLTA

[retiredcf]

Make that Market Call; need to slow down with my typing. GLTA

[Possibleidiot01]

stockchase.com had this which doesn't seem coherent to me. Check the highlighted comment. PAST TOP PICK Velan Inc(VLN-T) 24/09/2024   (A Top Pick Sep 25/23, Down 37%) They remain the leader in nuclear valves. Shockingly, the French government blocked an American company from buying this small Montreal company. So, the family decided to sell

[mjh9413]

Not that small surely.  Flowserve, its suitor last year, is more than a one-trick pony with ~3.5x revs and has asbsestos related claims like Velan; apart from saying the backlog for NTM heralds sound rev opportunites to support sp positively, I have to ask "which company represents a likely suitor, if any, acceptable to the French" (the reasons for French decision were not apparent

[retiredcf]

Last stock in the clip; he and his family also own it personally. GLTA https://www.bnnbloomberg.ca/video/shows/market-call/2024/09/24/stephen-takacsys-past-picks-savaria-mdf-commerce-and-velan/