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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 ramman1on Jul 16, 2024 3:24pm
132 Views
Post# 36135376

RE:RE:RE:RE:RE:Wise old Warren

RE:RE:RE:RE:RE:Wise old WarrenNot sure what you mean when you say all indicators are up ??. --The only thing talked about in the entire release is the ''order intake'', which YES, is looking good. ----Not a single word about revenues, or about job completions dates. These order  intakes  look good,'no doubt'', however, there is no details given whatsoever ,and could take years to complete. Once again ,no guidence and we just don't know. I bought a bit today ,but there are a pile more sellers than buyers,likely frustrated with the lack of communication on timelines and revenue estimates . And the shorts can't be totally at blame for the steep drop, however temporary it may or may not be .  
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