HMDPF - Hammond Power Solutions: Trading At A Discount Despite Divestment Of The Major Loss-Making Operation
- A family-controlled Canadian company which has been in business for over 100 years.
- Currently trading at a discount to its tangible book value as well as cheap compared to its own history.
- A history of less successful international expansion efforts might scare some investors.
- Discontinuation of the Italian business and strong growth in the Mexican joint venture strengthens the earnings power of the company.
For further details see:
Hammond Power Solutions: Trading At A Discount Despite Divestment Of The Major Loss-Making Operation