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Thermal Energy International Inc V.TMG

Alternate Symbol(s):  TMGEF

Industrials
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

Thermal Energy International Inc > 2024 Annual FINS Review (downgraded) 3.5 / 5 stars
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Comment by Mostlyseriouson Sep 20, 2024 8:49am
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Post# 36232696

RE:RE:RE:RE:RE:RE:2024 Annual FINS Review (downgraded) 3.5 / 5 stars

RE:RE:RE:RE:RE:RE:2024 Annual FINS Review (downgraded) 3.5 / 5 starsHopefully just poor wording by a CEO who is not a sales guy.  I would have liked to hear him say that there is tons of demand out there simply too much for the size of Thermal to handle.  So they are selecting larger projects that have best probability of materializing and larger projects require more time to explore.  Therefore, a lull in sales announcements which should soon end.

That would sound good. Any other variation amounts to being less effective than in the past despite more staff, more experience and more tooks.

Get it together by now.
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