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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 May 17, 2024 2:36pm
71 Views
Post# 36046042

RE:RE:RE:RE:lots of reads , almost as many as Air Canada

RE:RE:RE:RE:lots of reads , almost as many as Air CanadaEvery CEO's mandate is to maximize shareholder value which in a publicy traded context means share price.  There are different ways to get the share price up, and he has to be involved in that more than he has to be involved in regularly pitching and managing implementation of projects, where other employees should have this expertise.  If he has no time for investor relations and promoting the company to new investors, he should hire someone that can do so effectively.  I think MBC is still involved. 

Granted, we cannot and should not expect the share price to go up constantly and we certainly cannot complain about the rise over the past year (but can complain about the lack of interest for so many previous years).  I think that the concern is that replicating the last year from the current share price base is not going to happen by itself unless there is a steady news flow of contract wins, or there is presentation of some kind of information that makes people want to buy and sit tight during these longish periods of few sales announcements. I think this is what many of us expect them to figure out.

It is all good so far, but question whether it can be better faster.
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