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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

Thermal Energy International Inc > Status as of today
View:
Post by Going44Gold on Nov 29, 2024 12:12pm

Status as of today

Not here to add to the schoolyard fight and call each other names.

What is accurate is that TMG hit a 52 week low this week.  Crossland unwilling to commit to 30% growth, sales are lumpy and dependant on customer fiscal budgets and timing will impact orders.

I initially thought that the November 11th press release was to complement the other sales (New Press Releases) but I think the reality is/was they did not have any additional pending orders and TMG needed to get something out to the investor community to maintain some level of interest before the AGM.

The reality today is 3 orders for 2024 with the largest deal being $2.2M.  At the annual meeting, Crossland talked about 7 PDAs valued at $18M+.  (An average of $2.5-2.6M).

So where are the large orders? Why are the loyal customers not flocking with repeat orders given the strong ROI.  I was honest, I got out @ $0.18 a long time ago and I have been looking for a re-entry point. My internal struggle is where is the floor based on the lack of sales and will TMG be able to grow in 2025 given we have no new projects in the queue to fill the sales funnel for the back half of 2025.

With 3 weeks before the holidays, share price will be challenged with no new announcements so I wait.  I may miss the bottom but I am not willing to sit and wait because the reality is the pipeline needs to be filled to gain investor interest.

GLTA
Comment by Mostlyserious on Nov 29, 2024 12:26pm
His communication is extremely confusing.  All these explanations why we are not seeing more frequent project wins but the future is exciting.  Same exciting future message last year and the year before.  19 cent share price is far from an exciting future. Sales lumpy, now dependent on customers' budgeting cycles and if you miss some timeline it could be a year or two to get ...more  
Comment by panapple42 on Nov 29, 2024 12:43pm
cheap shares (not counting fake trades) drying up.  Losers.
Comment by AlbertESG on Nov 29, 2024 1:50pm
Insiders must have stopped playing wack-a-mole with the bids.
Comment by prone on Nov 29, 2024 1:08pm
You get confused after eveything... TEI is closely watched by its competitore - so then withold a lot = You read between the lines... I am ignoring my health = No more Apple-a-day. Did u g i...?
Comment by Mostlyserious on Nov 29, 2024 5:43pm
Nothing like keeping the company under the radar by keeping the SP low.
Comment by panapple42 on Nov 30, 2024 12:50pm
This post has been removed in accordance with Community Policy
Comment by panapple42 on Nov 30, 2024 12:49pm
read between the lines.  No reported sales over 1M in how many months?
Comment by panapple42 on Dec 01, 2024 2:23pm
In fact there were 7.6M announced orders in 2024.  The shorts should know this. LOL
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