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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

Post by proneon May 05, 2024 8:52am
185 Views
Post# 36023767

You have, Mostley a short memory.

You have, Mostley a short memory.The institutional buyer was Angus erea.  Tim was. Marketing Professional from Johnson Controls.  He and Johnson got TEI noticed and inovations like Evergreen (lease purchase ) increased sales above former CEO Hinke's level of accomplishment.
The Sp rose because of this Inst Investor and due to Angus' sales and promotion.
The crash in SP was due to Angus and fellow insiders being caught off side by the TSX/VSX new rules.  Some time later the Instit Investor divested at the off set of Brexit and bought into availble cheap UK stocks. MHI.

The 3-4 cent stock price  was not deserved by TEI given the reasonable sales of this tme. Bill Crosland as CEO focused on improving the fiancials which have continued every year since.

Bill hired a UK focusing sales representative, Grant Bailey, who established the UK NHs sales base, via conferences and other promotions.  TEI received a Best Builder award for the repeated installation of energy efficiency into hostpitalsThe savings financed Mor/Better health care.

The SP left the 3-4 cant range and moved into the 7-10 cent range, NO thanks to any Institutional buying.

'Thanks' goes to all the longs that averaged down and to TEI's marketing and sales activity which expanded into the USA and various locations around the World.

Bill developed TEI's reach, he added sales agents, joined various GHG reduction organizations - taking TEI onward and upward into a highly competitive marketplace, competing against Giants, like Johnsons, Babcock, ESGs, etc.

Increasing sales and market penetration has got the SP to 36 cents.

Never has TEI being in such a good place, market and time critical products for both large F500 manufacturers and the diverse multitude of steam processing small and medium sized busnesses.....

Buy or Cry.

I also have bought more with the dips.  But I await for the unfolding of agreements...!!
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