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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 Dec 03, 2021 4:36pm
90 Views
Post# 34196794

RE:RE:Throwing in the towel

RE:RE:Throwing in the towelIf this reached single digits yet again, I would only buy more if the Chair and the CEO were replaced by folk that think that selling $20 million worth of equipment where a project can easily be between $1-$2 million is nothing to write home about. I bet you the companies with combined annual revenue of $350B are still spending hundreds of millions $ on capital equipment during Covid. And this is apparently less that two handfuls worth of companies. Cogeneration was mentioned in one of the recent posts. We had a big ceremonial announcement about it some half a decade ago now, a related project sale and since then, nada. Anyhow, clearly frustrated by the lack of speed and visibility of a decent growth at this point, and by the fact that I do believe there is a big market for TEI's products, and wondering just why the world is not big enough to sell $30, $40, $50M worth, yesterday. If it ain't the product..... If we are so undervalued compared to some of the peers, why is that? No shame in being overvalued and raising some equity at those levels to accelerate growth.
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