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Bullboard - Stock Discussion Forum 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... see more

TSXV:TMG - Post Discussion

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Post by ramman1 on Oct 30, 2024 8:00pm

It must be said

As an operating engineer (2nd) class with 2 nd class certificates in ''waste water'',and '' water treatment'', and plant  ''combustion efficiency'' , one (myself), can look at the TEI operations from a perspective, ''that some maybe  can  not''.-----  The products, whether they be the line of ''Heat Sponge economizers'', the line of ''Flue Ace'' direct or indirect heat exchangers, or the ''''top of the line'', GEM traps, --the question has never been the quality of product line , for enhancing significant savings for customers, both in efficiency , and downstream cost savings.---Fast forward to the situation :::  The contracts are just NOT THERE.  --(1) Why the company cannot ''snowball' contracts with current clients,with  ,''large pockets'', many plants , is just a mystery.(2)  Small turnkeys, contracts of meduim dollar figure, but quick returns, seems to be a secondary priority, and it begs the question , WHY.---A ''ho hum '' Quarter, certainly nothing to wring the bell and drive things higher.---------  The sales teams would appear, quite obviously , currently underperforming, and the amount of''new contract ''announcements '', borders on  ''pitiful/very weak',in comparison to the quality of the product line .
Comment by panapple42 on Oct 30, 2024 8:07pm
past performance is, or is not, indicative of future results.  True or False LOL.
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