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Tornado Global Hydrovacs Ltd V.TGH

Alternate Symbol(s):  TGHLF

Tornado Global Hydrovacs Ltd. is a Canada-based company, which designs and manufactures hydrovac trucks as well as provides heavy duty truck maintenance operations in central Alberta. The Company sells hydrovac trucks to excavation service providers in the infrastructure and industrial construction and oil and gas markets. Hydrovac trucks use high pressure water and vacuum to safely penetrate and cut soil to expose critical infrastructure for repair and installation without damage. Its hydrovac trucks offering include Tornado F2 Urban Hydrovac, Tornado F3 City Hydrovac, Tornado F4 Rural Hydrovac, and Tornado F5 Remote Hydrovac. Tornado F2 Urban Hydrovac is a lightweight force in any downtown operation. It operates through a production facility located in Red Deer, Alberta (the Red Deer Facility) and a sales and head office located in Calgary, Alberta. In China, the Company’s subsidiary is used principally to source certain manufacturing inputs for its North America operations.


TSXV:TGH - Post by User

Comment by redcoatson Nov 18, 2024 12:51pm
37 Views
Post# 36318212

RE:RE:RE:Q3

RE:RE:RE:Q3You're right in that they weren't accepted too well. But they were quite acceptable. The market wanted a tenth record quarter. It was a record I believe, in that total earnings are the highest ever, but not that profits within the quarter exceeded those within any other quarters. But how many of those is the market expecting? And how many when considerable effort is being made to develop a new product line, along with a huge production new facility to build more trucks and presumably, the new product. Is it unreasonable to expect that at least some investment in profits and human resources be allocated to achieve the goals? I believe today is a huge over reaction and that it will correct itself over the very near term.
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