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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

Post by AlbertESGon Oct 06, 2021 7:03am
138 Views
Post# 33972329

Energy Crisis

Energy CrisisYou would think that a company whose entire business model is built around drastically reducing manufacturer's nat gas useage would be able to attract some investor attention stemming from this face-ripping bull market in energy. Instead we seem to be slowly bleeding out from small but daily paper cuts, and the stock price is now down more than 45% from this year's high: that's a double bear market plus half a correction!

Think of Europe; both natural gas and CO2 rights have gone up 200% so far this year. Crazy. And now think of last month's Flu Ace deal - it stated that it had a one year payback period. One year. At this rate, the company doesn't even need sales staff. Flu Aces will sell themselves. And yes, energy prices will probably pull back at some point; the cure for high prices is high prices as the saying goes. But now that large manufacturer's have a taste of the volatility that the greening of the economy is bringing to fossil fuels, energy reduction should be a paramount concern regardless.

It does then seem that owning shares in TEI is a no brainer, but we're still somehow adrift on the sea of investor indifference. Reducing nat gas useage is more or less the same as producing nat gas on a net basis, so we should be rising with the tide of the O&G stocks instead of languishing. I'm not sure what can be done, but something needs to be done, and keep in mind that options granting is almost upon us, so another million plus shares are set to be gifted out at yet again low prices. Something to look forward to I guess.

Bill mentioned in the past that he was considering hiring a firm to promote the stock. I'm not sure if he pulled the trigger or not, but I certainly hope not. If he's been paying somebody to bring awareness to the company, he might better have bought scratch and win tickets instead. The payout would have been larger.
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