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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 Aug 12, 2024 10:51pm
59 Views
Post# 36175769

RE:RE:Support

RE:RE:SupportI agree with you.  Except that the whole TSX-V exchange would then consist of a dozen companies.....and TSX-V then wouldn't exist because it itself is a business.

Seriously, Thermal has made some strides although it did take a very long time.  But again, in comparison to most companies, they managed to do it without having to dilute it to smitherines.

Crossland is at a point where he needs to perform for shareholders.  If he can grow the company at the pre-Covid clip without making further investments (aside from a profitable acquisition), the gross margins feeding directly to the bottom line, even fundamental valuation would increase significantly from here...on this exchange.  Or some good pumping news releases, like most companies, on this exchange.
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