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Thermal Energy International Inc V.TMG

Alternate Symbol(s):  TMGEF

Thermal Energy International Inc. provides energy efficiency and emissions reduction solutions to the fortune 500 and other multinational companies. It operates primarily in North America and Europe but also sells its products and services through representative agents throughout the rest of the world. It 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 (GEMTM steam traps). It is also developing several other technology lines, including low temperature biomass drying systems (DRY-REX). Its solutions can recover up to 80% of energy lost in typical boiler plant and steam system operations. It has two primary operational bases of operation, one in Ottawa, Canada and the other in Bristol, United Kingdom, covering Europe and the rest of the world.


TSXV:TMG - Post by User

Post by ChasingWiLanon Oct 30, 2016 11:02pm
188 Views
Post# 25404317

2017 Earnings Estimate

2017 Earnings EstimateQ1 had an improvement of $0.003/share over last year. A fair assumption, is specially considering the large order backlog, would be to expect this for each other quarter. This would give a 2017 EPS of $0.015. We are currently trading at less than 10 times this forward earnings growth estimate. So much potential for SP to increase with these low multiples. Q2 earnings release can't come soon enough.

DYODD

GLTA
Bullboard Posts