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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 16, 2024 2:05pm
96 Views
Post# 36135191

RE:RE:RE:Wise old Warren

RE:RE:RE:Wise old WarrenEvery share bought is a share sold. When the share price goes lower, that means it is a sellers' day. Impatient are driving the action today, this is not the kind of news release that anyone was really waiting for. 

Nice rehash of the last fiscal year, but it is a month and a half following the end of the year.  New info, order intake just under a million for May...and this is a good proxy for months without news releases.  I think we are all expecting this "strong demand" to add up to stronger intake growth.

Having said this, it is not like we have to worry because we are a $2.30 stock.  23 cents provides for plenty of upside with reasonably attainable better performance.


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