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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 Mostlyseriouson Jul 28, 2023 8:30am
77 Views
Post# 35561166

RE:RE:RJ

RE:RE:RJDragunov, you certainly nailed part of my optimism...cusp of retirement.  Some younget, wnergetic blood seeing the potential to capitalize on vast opportunities.  I give it to you about Harden.  Not a spring chicken, don't know the fella but hope he took the gig because of the impact he can make in a short time.  Hoping that our leadership cohort of alike made the right choice for the first executive sales hire.

I think you have to concede that the fact that TEI has not had to raise money every year beats out pretty well the vast majority of TSX-V jun...I mean companies many of which have much, much higher relative and absolute market caps.  Those investing in TSX-V do have a more solid financial narrative, albeit the pie in the sky narrative is not told by our CEO.  But we should be OK if he delivers on better than 30 percent growth rate over the next few years.  It should be bare bones considering the 350%+ growth in value of PDAs.

As a longtime bagholder, patience, if what is left can be called that, has worn thin.  Crossland has to show before the AGM that he can grow the share price, he knows it and has hired external help.  He credited his efforts for the last spike and blamed the decline of stopping the efforts.  Now that he is making an effort, he will prove whether the last spike was because of his efforts.  Right now he is showing what probably many of us think, that it is not.  So, at the cusp of retirement, he needs to show why his retirement should not be months away IMO.
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