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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 29, 2024 6:03pm
67 Views
Post# 36201995

RE:RE:RE:Things that make me laugh .

RE:RE:RE:Things that make me laugh .

Mr. Greendaze, the idea of the existence of sensors to detect steam trap failure is something that existed for quite some time and I mentioned it years ago when such sensors were being used and when we were salivating over refineries having 10k to 30k steam traps.  Such idea was a measure to companies running operations with steam traps failing to shut and therefore contributing to GEM steam traps' advantage of never failing. The prospect of automation taking the information from sensors to increase predictability before failing is an evolution to automation of sensors reporting once this has happened.  And maybe this has existed for unknown number of years but was not under the now common term of AI.  Had this been part of Thermal's product offering - even just the sensors - we would have known better.

When it comes to SimplyWallstreet, their products are not a result of a qualified analyst, someone with a CFA, writing those reports.  You should know from your experience that they are superficial and when they go explaining the theory around the numbers, that is a giveaway that nobody spent tens of hours studying a company.  


Pardon the snark to your snark.  I thought you may understand my point easier with snark.

In the end, if Thermal would expand its services to this extent, maybe it was would create a new meaningful revenue stream and maybe it wouldn't.  There is a cost-benefit to everything and adoption usually depends on the magnitude of the net benefit.

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