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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

Comment by canyousayiiion Feb 06, 2021 11:00am
101 Views
Post# 32492764

RE:Germany is emphasizing large Green projects ....

RE:Germany is emphasizing large Green projects ....Thermal needs go start branding itself more as an ESG play. And perhaps being a Canadian company "Energy" may be misconstrued as being a producer? Anything to help visibility. Kontrol Energy changed its name to Kontrol Technologies. See my post there on Valuation scenario. I think that stock should be easily worth 4-5 times more....not to say 10 times and it is based on some metrics we know and can figure out conservatively. I dont know what I am missing because it sounds like a no brainer. Thermal still has lots of value based on sales valuation so I am staying put with a very large position in this ESG play that can quckly catch fire and move up in multiples, but I can't as confidently do the math because product sales are much more difficult to predict.
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