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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

Post by redcoatson Nov 18, 2024 1:02pm
84 Views
Post# 36318240

The part

The partI'm not understanding is the quote of Brett, saying “Tornado has delivered another strong quarter, with Q3 2024 showing continuing financial growth compared to the same period last year. This quarter reflects our commitment to growth with the successful launch of a major new product in Q3".

If it was launched, and successfully, what was it? You'd think there'd have been an NR. Was there? I definitely missed it, if so. If not, why not? Not making sense to me, unless he means "this quarter", as quarter four, that was completed (but not announced). But if it was a "successful launch", I wouldn't interrupt it as being Q4. Puzzling!

What's your take?
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