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Investment Q&A

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TerraVest Industries Inc. (TVK)

Q: What an all star performer. Up 42% this year. It's also up over 8% today. Why?

Thanks

Sheldon

Asked by Sheldon on May 05, 2025

5i Research Answer:

On Friday TVK made a small $28M acquisition of Simplex, a maker of electrical test and fuel supply systems for back-up power generators used in data centres, hospitals and other public utilities. It was established in 1934. While a small deal, investors loved TVK's prior acquisition, and the stock has hit all-time highs. It is expected to report around May 8 (no set date announced, though).

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