Thermal Energy International Inc V.TMG

Chewing through it

[MaestroOfTMG]

Nice volume eh? 

[greendaze]

A 540K deal is not that big of a deal . Normally it's too small of a deal to crow about . Normally it would have to be over a million to get an announcement as per execs instructions. What has changed ? It's the biggest deal from BEI . The BIG deal is coming imho . Maybe the biggest deal for TMG . We haven't had one of those in quite a while . We are due for one . 

[prone]

What this recent deal reveals --- TEI is firing on all cylinders ---  BEI, Gem Traps, FluAce and Sofame ( with 100 clients needing to modernize). Extra engineers and sales representative are having a positive impact.... GLTA

[stockpickman]

The bid volume at the OTC is currently pretty massive....5.5 million, lots of interest down there....  $0.197 0.00935 |  4.98% Bid:  0.1851 x 5,500,000 Ask:  0.1963 x 4,500,000 Volume: 30,500 USD  |  OTCQB  |  REALTIME  |   |  JANUARY 10, 2024 01:05:39 PM

[MaestroOfTMG]

Don't say I didn't tell you in the past few weeks. Eventually we will shake it loose. But fear not, you'll thank me later if you actually know when to get off the train. 

[777Andrew777]

Is your opinion that this could fun north of 60 cents in the next few months. You can email me at  [e-mail] if you want private chat

[MaestroOfTMG]

$0.76

[ramman1]

$ .75

[777Andrew777]

Thank you.

[Mostlyserious]

Let me provide some additional context.  A couple of years ago when the stock was 21 cents, Crossland made a sales pitch that the stock at that price had a compelling valuation.  Well after that presentation, and mid last year, the stock hit 8 cents. Moral of the story, nobody here can give you any kind of a reliable guesstimate.  Not even the CEO although he could envision a range

[777Andrew777]

I think it will do very well in that 3 to 5 year  time span, and despite profit taking it may be able to reach the highs of 2.00 for the early 2000s. The question will be whether they eventually become a buy out target.

[greendaze]

Cogito , ergo sum . 

[stockpickman]

Andrew said: "The question will be whether they eventually become a buy out target" This has been brought up numbers of times over the years, but at the last AGM, one of Bill's comments, the way I interpeted it, was he beleives TMG will do very well beginning right away and will grow through acquisitions or organically and in a couple years the possibility of a large company buying

[Mostlyserious]

This gets brought up all the time with smaller but growing companies.  The generic answer is that typically you have to grow to a certain size before the bigger players take notice and consider acquiring you, unless you have some incredible newly patented technology.  The figures I keep seeing are in the $50 - $100 million range.  Usually to get there, companies will likely have to

[prone]

If you reread the news release regarding BEI recent sales, the Sales have more than doubled and involved multi-unit purchases.! Momentum is building.!!

[Mostlyserious]

Isn't it crazy how over there the share price goes to 100th of a cent?  Over here we were musing about the time we would get away from half penny increments.

[greendaze]

Absolutely Prone. Getting back to the $540K deal ,its nice that our SUBSIDIARY BEI made a decent deal. Best ever for them , but it's no $3.7 million deal like TEIs . However TEI hasn't made a million plus dollar deal for going on 35 days . . That's why I say we are over due for an other needle moving deal . I can understand the exuberance being expressed but the best is still to come

[Mostlyserious]

Yes, not "from BEI" but by "subsidiary BEI".  I figured it was just your typo the first time around. I usually cut a couple of week slack for December and early January due to holiday vacations.  But going forward, given the number and aging of PDAs,we could see contract announcements every week for quite a few  weeks in a row. Question is whether there are

[panapple42]

500k sales tops (in total)  reported deals between Jan-May 2023. Hope they can do better in '24

[panapple42]

My Corolla really needs a new set of wheels.

[Mostlyserious]

From the news release:  "This is the largest single order in BEI history." From historical news releases, especially prior to 2023, there are too many news releases under $1 million to say "normally" IMO.  This would inherently challenge the asseertion to a quantitative threshold of $1 million for news releases. The largest TEI project amounted to $11 million which

[Possibleidiot01]

You should ask yourself - why did they bother to announce a meager $540,000 order? This is all about competitive displacement - ""The genesis of this order traces back to a customer inquiry for a replacement of a single failed economizer made by another manufacturer. Upon reviewing the value-added design of BEI's HeatSponge COLOSSUS-model economizers, which translates to longer

[Mostlyserious]

I don't understand why the significance of the news release is being questionned. It is a newsworthy announcement for various reasons.  While not in the millions of dollars like some of the recent announcements, it is still rounded up 3% of last year's revenues.  BEI's individual units are mostly under 6 figures, so it is a significant deal for that business line - biggest

[Possibleidiot01]

Not sure if your comment is aimed at me , I'm left wondering if you understood what I meant by competitive displacement? When you're the company doing the displacement , it's a great thing for the numerous reasons you've detailed.

[Mostlyserious]

Not necessarily.  Just commenting why I think it was a good news release and expressing my opinion on the capacity to fill the order if anyone is wondering. Competitive displacement understood, contributing to the usefulness of the news release. Still a couple of days left to squeeze in another NR!