RE:RE:RE:IR is reaching out ....Mostlyserious wrote: So, what you are saying is that TEI does not have the worst investor relations function that you personallly experienced.
We can only wonder whether the share price would be stronger if they did not have the second (?) worst IR that you ever experienced. Instead we have to wait for results while companies that have lesser results but better chest pumping have significantly larger market caps.
You're not quite right in what you're hearing .
I didn't say they are" the second worst IR" , I've ever encountered. I gave them credit for answering a simple question after a long period of time. How long should it take to type the name of the unnamed absent Beacon analyst on the restricted conference call? Weeks or as they read it?
I've known many companies where I've failed to get any replies so yes, TMG.has a barely active IR department which puts it above some and below others.
It's not "chest thumping" that the company needs ; although in another way it is. What they need to do is pick the most positive intrepretation and control the narrative.
In the last news release that IMO would be emphasizing the 40% increase year over year and why people should like that - highest ever annual order intake for turn-key heat recovery solutions, record order intake for our wholly owned subsidiary, Boilerroom Equipment, Inc., as well as the second-highest annual order intake for our GEM business.
IMO, people tend to remember the first thing they read and in the release investors were presented with 9% growth first and focused on that.
When Bill Crossland presents , he doesn't focus on variable quarter to quarter ; he focuses more on long term so the question is why did the news release put the focus on the 9%?
There was a failure to control the narrative and investors have suffered. The best news here is this should be a teachable moment in capital market skills.
What story do they want to tell and what kind of investors do they want to attract , speculators or more stable long term investors?
Here's maybe how the release should have been ?
We are thrilled to announce that Thermal Energy has yet again achieved record annual order intake," said William Crossland, CEO of Thermal Energy. order backlog
2 at the end of May was up approximately 40% compared to a year earlier and up more than 200% over the past two years.
. Notably, we had our highest ever annual order intake for turn-key heat recovery solutions, record order intake for our wholly owned subsidiary, Boilerroom Equipment, Inc., as well as the second-highest annual order intake for our GEM business. As a result, we are starting our new fiscal year with an unprecedented order backlog, up approximately 40% compared to a year earlier and up more than 200% over the past two years. These achievements underscore the strong demand for our energy efficiency and carbon emission reduction solutions. They are also a testament to our team's dedication and the trust our large multinational customers place in our technology and expertise to deliver significant energy savings and environmental benefits."
During the 12-month period, the Company received orders totalling $29.7 million, representing increases of 9% year-over-year and 151% over the past two years.
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1 Order intake is the value of purchase orders received from customers during a stated period. Not all of these orders will have been fully recognized during the stated period.
2 Order backlog represents any purchase orders that have been received by the Company but have not yet been reflected as revenue in the Company's published financial statements.
ENDS