Added to YB: 2024-10-11
Pitch date: 2024-10-10
VLN.TO [bullish]
Velan Inc.
+87.29%
current return
Author Info
everyonehatespoetry is an equities analyst sharing his best special situations / GARP ideas, mostly small and micro caps. Sign up for the newsletter.
Company Info
Velan Inc. designs, manufactures, and markets industrial valves worldwide. The company offers quarter-turn valves, such as ball, high performance three-piece ball, general purpose ball, metal-seated ball, triple-offset, high performance cryogenic butterfly, coker ball, and cap-tight batch digester capping valves; and gate, globe, and check valves, including pressure seal, bolted bonnet high pressure, cast steel, cast stainless steel corrosion resistant, small forged, bonnetless, and dual-plate check valves, as well as maintenance valves for nuclear service.
Market Cap
CAD 240.8M
Pitch Price
CAD 8.89
Price Target
N/A
Dividend
0.72%
Sector
Machinery
Category
special_situation
Velan Inc. Sees New Momentum After French Regulators Halt Flowserve Deal
VLN.TO: Flowserve's 150% premium acquisition blocked by French regulators. New CEO, insider buying, and improved nuclear outlook (largest end market) signal potential turnaround after stock was left for dead.
Read full article (1 min)