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

Comment by canyousayiiion Aug 24, 2021 8:59am
139 Views
Post# 33753835

RE:RE:The usual limited number of posters...

RE:RE:The usual limited number of posters...Conditions have been improving, and site access is opening up as I heard from other companies. International travel has some continued limitations depending on countries, but there is no reason why TEI Canadian staff cannot travel to clients in Canada, TEI US staff cannot see clients in the US, etc. This fiscal year results are going to be weak, and nobody should be expecting otherwise, but the ironic thing is that the results were carried by BEI and GEM and their growth, the two divisions for which TEI took a write down last year to make their bottom line worse than it clearly should have been and need to be explained away during presentations. The stock is relatively cheap, the business opportunities should be plenty, but the difference between "very good" for investors and "over the moon" is driven by management's posture to grow the business aggressively. IMHO, the current CEO needs to seek out plenty of opportunities out there and act much quicker. KNR for example, acquired a company with a $155 million 3-year confirmed order book for $6.5 million. Private company where owners were looking for an exit opportunity to retire. Can you imagine if TEI acquired for $6.5 million an annual guaranteed $40 million revenue stream for the next three years....almost tripling its best top line? But we bought Sofame's technologies with no real client list after half a decade.
<< Previous
Bullboard Posts
Next >>