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Thermal Energy International Inc V.TMG

Alternate Symbol(s):  TMGEF

Thermal Energy International Inc. is a Canadian clean technology company. The Company provides energy efficiency and emissions reduction solutions to the Fortune 500 and other multinational companies. The Company operates primarily in North America and Europe but also sells its products and services through representative agents throughout the rest of the world. The Company markets, sells, engineers, fabricates, constructs, installs and supports two technology lines, such as heat recovery solutions, including direct contact heat recovery solutions (FLU-ACE), indirect contact heat recovery solutions (HEATSPONGE and SIDEKICK), and condensate return system solutions (GEM steam traps). The Company is also developing several other technology lines, including low temperature biomass drying systems (DRY-REX). The Company has two operational bases, one in Ottawa, Canada covering North America, and the other in Bristol, United Kingdom, covering Europe and the rest of the world.


TSXV:TMG - Post by User

Comment by mjh9413on Aug 22, 2019 8:24pm
50 Views
Post# 30057342

RE:RE:RE:New deal!

RE:RE:RE:New deal!Margin prior qtr was 46% but 6mos margin was 38%. The problem is margins and I do not understand why coy does not negotiate prices based on minimum margin requirements. Last time I saw operating profit was 2017 when the margins were just over 50% but the profit then was insignificant. They simply cannot afford to continue this approach. They need oper profit and positive cash flow and if that means some kind of perpetual royalties on the savings and/or more lucrative pricing let's see it soon. If savings are realised then I do not see impediment to higher upfront prices as the savings are perpetual for the client, and they are not small, and would competitor pricing ever be considered a factor in TMG's pricing startegy!!. They are giving away the shop.
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