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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 Nov 07, 2021 2:55pm
126 Views
Post# 34097661

RE:recent interview with Smallcap Discovery, interesting

RE:recent interview with Smallcap Discovery, interestingIf he can grow revenues by 30% for the next half a dozen years, we will be laughing. But I am not convinced that the current strategy on focusing on less than two handfuls of existing corporate accounts will do it. If it will, then they surely wasted a lot of time figuring it out. One team should hit the existing corporate accounts hard, and another team hit new clients even harder. Some of that healthy working capital should be put to use if they are as confident as they portray. Aim to build back better, faster. Get some serious partners to peddle the sales and marketing for non-turnkey stuff like BEI and GEM. I like the line where he says that companies don't seem to care about the 3-5 year payback anymore, but we wouldn't be able to fill orders fast enough if that were the case, plus with current energy levels, without jacking up prices significantly, our paybacks in Europe are less than a year. Start drinking some colas, Pepsi or something, and get acting on that sugar rush. Speaking of which, US$20,000,000,000 last quarterly revenues. Can you spare an annual $10 million investment to look good and to profit from for the next couple of decades after it had paid off in a couple of years?
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