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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

Post by ol_grizon Oct 30, 2024 10:41am
101 Views
Post# 36288661

I would question the assumption

I would question the assumptionthat the admission of lumpy quarters is a reflection on upcoming quarters.  I would think it was a comment on the current downtrend in order intake.  It's certainly an issue that is going to squash any market excitement but let's see what transpires. Don't forget the higher order backlog from the healthy post-quarter 4.9 mill order that's already come in that starts things rolling.  Let's see more of that!
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