Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

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 AlbertESGon Nov 15, 2024 6:30am
42 Views
Post# 36314353

RE:What being in Ottawa - benefits TEI - directly & indirectly

RE:What being in Ottawa - benefits TEI - directly & indirectlyTEI doesn't need any entity to open windows for it into the Irish and Dutch markets. Ireland is in fact the company's second largest market on a per country basis. It was responsible for sales of 3.8MM in FY24. Even sales in the Netherlands were 1.9MM which were higher than the sales in Canada of 1.5MM.

As Bill often mentions, the company doesn't need any new clients. The existing clients have a thousand plus sites. What the company needs is to figure out how to convert their existing pipeline of possibile sales into firm deals in a more timely manner. That way they can break the current cycle of "inch worm growth" where they have solid growth for a year or two followed by flat or negative growth for a year or two followed by solid growth for a year or two etc.

It is clear that investors do not like to see flat or low growth at any point during the cycle.

<< Previous
Bullboard Posts
Next >>