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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 panapple42on Oct 19, 2023 4:12pm
69 Views
Post# 35691686

RE:RE:RE:I guess U 2 are

RE:RE:RE:I guess U 2 areTo summarize:  some of us mofos have been waiting a long damm time we aint goin nowhere.


Mostlyserious wrote: I think the point is that there is a lot of substantial progress that has been made over the last few years that for someone new looking at TMG it may not be a bad time to get in.  In other words, if they continue executing what appears to be beginning of a more sustainable growth stage, a 19.5 cent investment will not have to wait another decade or two for a decent return....like unfortunately many of us have had to wait. 

During the last decade or more, this thing was sputtering along badly and inconsistently. They seem to have gotten some of their stuff together finally, and the clients are now more eager to buy their products than they were a decade ago.

Risk, yes...like anyting else.  But this is a $30 million market cap for a company that is starting to grow business like never before, and even at the current levels, over the next year at least as per the backlog of firmed up purchase orders, will be profitable and cashflow positive without liquidity or crippling debt high risks....unlike the majority of microcaps.

In hindsight, I would have rather invested today at 20 cents than some of the lower (and some much higher) purchases more than a decade ago.


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