Hi, thanks for the write-up. In your very first figure,I am confused by the EV: if cash and St investments exceed total debt, EV should be smaller than market cap, not larger as indicated in the figure, shouldn't it?
Thank you, you are right. I used the conversion tool on Koyfin to convert USD to CAD but something seemed to be wrong. I've just checked and everything seems to be fixed. I'll update the image tomorrow.
Can you show me where you found their market share in nuclear plants and refineries? I've searched througn Flowserve and Velan filings without much luck.
Hi, thanks for the write-up. In your very first figure,I am confused by the EV: if cash and St investments exceed total debt, EV should be smaller than market cap, not larger as indicated in the figure, shouldn't it?
Thank you, you are right. I used the conversion tool on Koyfin to convert USD to CAD but something seemed to be wrong. I've just checked and everything seems to be fixed. I'll update the image tomorrow.
Can you show me where you found their market share in nuclear plants and refineries? I've searched througn Flowserve and Velan filings without much luck.
I don't remember all sources, but I aggregate some number from research paper like : https://www.theinsightpartners.com/reports/ball-valve-market
How is their dividend policy?
Right now, they don’t have any dividend. They should finalize their turnaround.