Thermal Energy International Inc V.TMG

Alternate Symbol(s): TMGEF

Industrials

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

Thermal Energy International Inc > Down almost 70% from the high

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Comment by AlbertESGon Mar 27, 2022 6:08pm

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Post# 34550320

RE:RE:Down almost 70% from the high

Yes Q3 results will suck, but that should already be priced in. Maybe there is some room for an upside surprise from BEI or GEM sales. The main issue is what happened to the turn-key orders? There was supposed to be a record number of proposals in the works. How come none of those proposals resulted in a contract? Not one single contract in more than six months. What's going on?

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