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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 Barrhaveniteon Jul 29, 2001 11:30pm
1297 Views
Post# 4039684

10k TMG for 1k NT or JDU?

10k TMG for 1k NT or JDU? Don't think so. The 120-200 shareprice is not to be seen again and the bottom is not likely reached yet. More layoffs esp NT seem to be imminent. JDU, with no debt and 1.6 bil cash most likely to recover and be bid up first but this not to happen any time soon. A V recovery is not happening and a U is beginning to look more like a L. MB posted several months ago he would trade 1 for 1 TMG, NT. At the time we were trading 20 to 1 and I thought Matchbox was in dreamland somewhere. Were now 8-1 give or take. Yeah, we've been up to 3 a couple of times but in my case at least, TMG has sheltered me from the storm. With a couple of declines and possibile complete loss on another I am pleased to have TMG. I will need to rebalance my porfolio at some point though but this is not the time. See that Stuart McCarthy resurfaced at Thornly Fallis Communication. I know this board was mixed on Stuart but I liked him and wish him all the best at his new company. Stuart was responsive and his occasional corrective posts here were appreciated. Guess T and him just didn't click. I,m not paying much attention to this 8-10k daily trading with the bid or ask getting hit at anytime. Enjoy the summer and stay focused on the story.
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