Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.

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 Stocktreeon Nov 07, 2016 4:08pm
84 Views
Post# 25433995

Mixed view on government contracts

Mixed view on government contracts
I am more inclined than CYS to hope that we can get a few government contracts or subcontracts. Management should be really looking hard at this opportunity, though. It won't be easy, but any project on top of what could have been implemented without the commitments of the federal government will obviously improve our bottom line.

I am, however, not advertising that the Paris agreement and the above gov. commitments are likely to be the game changer that some would like it to be, mainly because I do not think TMG has that much expansion capability and will power in their DNA, as indicates its history. I think we are at a good juncture and that we could be feeling a little better about the SP later this year, but I am not banking on any firecrackers. The climb from 4 cents is an indication the market appreciates what the company has accomplished, but it will take a similarly unexpected (for some) positive development to move this to the 20-25 range for any substantial period of time.
Bullboard Posts