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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 Possibleidiot01on Oct 23, 2024 5:44pm
48 Views
Post# 36279307

RE:RE:Mathieu Martin - Stocks and Stones

RE:RE:Mathieu Martin - Stocks and StonesDragonuv , I like reading your opinions ; I don't always agree with them (sometimes I do)

You could have pointed out , plans don't always work as Mathieu Martin does.

"Fundamentally, the business and the industry seem to be in good shape. The company's investments are short-term pain for long-term pain (at least, that’s the plan)."

Here's a personal experience , I once owned stock in a company called International Road Dynamics which had a geriatric board. If I remember right four were in their 70s, one ( the founder) was in his eighties and the others were late fifties or early sixties. I had concerns.

Company got a very good buyout at $4.25.

Yes , I'm disappointed by results. Yes , I wouldn't mind some board changes, i wouldn't change the chair.

William White is the chairman at Biorem which has been quite the performer on the market in recent years.

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