Thermal Energy International Inc V.TMG

Maybe of interest.....

[TMG12FORWRD]

We know TMG only releases contract deals of significant $ value, $1m.+/- .

2018   8
2019   9
2020   4
2021   5, Q 1-Q 3

2018 and 2019 were growth and development years with more $1m.+/- and with strong GEM and Heat Sponge sales . Revenues and backlog  were to the positive.
2020 was what it was , no need to debate it.  Still TMG did what it could regards their business approaches, these were positive in overall growth and development and may prove very worthwhile as world recovery continues to improve.  We can be thankful for GEM and Heat Sponge revenues being reasonably strong through 2020.
2021, to date looks like it may be showing improvement, but would IMO have to add at least 2 more $1m.+/- deals in this c.Q 4.  I don't see that happening what with Xmas season which is promising to be totally chaotic what with globalization wracked with supply chain problems.

Just my take based on readily availble and understood observations from news releases and t significant numbers within.

Here's to much improved growth and development  in 2022, world wide and TMG doing same or better.  

You never know.  Que sera sera.

[canyousayiii]

From 2015 to 2019, Thermal announced at least one contract in November or December, so I hope the history repeats itself, and repeat of the 2017 December mega-project would be just what the doctor ordered.

[AlbertESG]

I was thinking that we need to start seeing an average of 1 - 1.5 Flu Ace deals per month (depending on size) to indicate that we are going back towards the 20 to 25 million revenue band. There also seems to be plenty of room to improve gross margins since the payback periods are getting so short. It's already been more than a month since the last deal, so ideally we'll see something soon

[canyousayiii]

I agree. I would go further and say minimum $1.5-$2 million average per month for heat recovery projects to make up for the last two years to grow on top of the $21-22 million where we left off before the pandemic. It will be no good if it takes us a couple of years to get to that point because we should not be starting from scratch. There should have been many delayed projects and decisions

[prone]

My only concern is that delays may turn into alternative uses of Capital for a more net zero solution like Carbon Capture, as in the Oil Industry.    Smaller Heat Sponges may appeal to a large gtroup of small businesses trying to reduce energy costs and to avoid Carbon tax. Product mix may be shifting.  Volume may make up the differences. JMHO 

[canyousayiii]

Agree. But they have a lot of large clients and they should be able to see and respond to emerging opportunities. They have demonstrated some of that through those lesser defined sustainability projects and hopefully acquisitions like Sofame are thoughtful with the respect of having a clear path and vision what they will do once they acquired it....hence Mandeville hearing the shot from the

[ckwong]

Supplement your post using the information from today's Q1 press release. The following are some of the orders. It is roughly $1M order per month. 1. $900,000 equipment order for a Heat Recovery from a multinational food products corporation, announced September 14, 2021. 2. $500,000 equipment order for a Heat Recovery biogas application from a leading global

[canyousayiii]

Looking forward, the most important info from the Q1 news release relates to record number of turnkey projects in paid development standing at 11 at this time. I don't know whether this means that they are working on the paid proposal and once they are completed they sit into a bucket with other paid studies waiting for final client decision. And then the corporate accounts where hopefully

[prone]

The 38?% increase in paid development, for 11 projects, suggests a normal year had only 7. Keep in mind that TMG was a 20M company going for 30M, which needs 2-2.5M sales per month, not the reported 1M of large sales. This shines a further light -->' last 5 years we have received over $37 million in orders, .. 245 individual orders at 68 different sites from 8 .. key multinational

[TonyOntario]

Wishing I sold all of my shares a couple of weeks ago instead of just half. Mr Crossland always talks about how great the future looks but the future just never seems to become the present. He did do a good job in building a solid base for this company but I think the board should be looking for more of a sales oriented CEO at this pivotal moment in time. Someone who can drive the salesforce

[Finegan]

I agree with you Tony but hang on the contracts are coming.