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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 Apr 25, 2024 8:01pm
97 Views
Post# 36008404

RE:RE:RE:Pathetic P/R and conference Call mask a great Quarter

RE:RE:RE:Pathetic P/R and conference Call mask a great QuarterI don't know what you mean how much capital is required to complete the expansion the company has planned.  Crossland manages investment in growth (capital + employees) based on his comfort level with the cash balances.  He is conservative, he doesn't want to over extend himself.  They moved into the new plant.  Did they buy all the equipment they need etc, one clue would be looking at the detailed cashflow statement, but I think they moved to a larger plant because of anticipated greater demand and they can already start meeting that demand.  I figure they have room and could buy more equipment and hire more people, if needed.

TEI's customers know the estimated delivery dates. In your analogy, you are the customer, not an outside investor trying to figure out customer delivery dates.  Not too many CEO's, especiallly of microcaps, will break down the estimated revenues by quarter.  My numbers are based on some direction that has been provided by the company.  Revenue estimates within the next 12 months.  Beacon Securities developed some estimates and in their position they usually they circle back to the company and ask whether they appear reasonable based on what is known today.  I don't think I would get the same attention from Crossland if I picked up the phone.

I think someone had previously provided a link to their research report.  I've seen the report, but can't remember how I got it or how to get to it again.  Right now I trust that Crossland has hired new people because he knows he can pay them, and he knows they will be busy.  I am good with PDA growth and the rate of success may increase if the projects are being done for existing clients.  And another wildcard is that similar projects for similar plant conditions with an existing client may not need a PDA.

But, you know all this, and maybe if you contact Crossland, he will give you something better.


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