Thermal Energy International Inc V.TMG

Hopefully

[Mostlyserious]

the selling pressure has ended for awhile now that the tax loss season is over...as long as there is no bad news. The only bad news could be no news of any contracts over the next couple of months, but with the contract late in December after a fairly slow 2024, I think we could see 2-3 contracts averaging a couple of million each over next couple of months to start this year on a stronger footing. And get us back to 30ish cent range.

[AlbertESG]

Q2 results are due by the end of Jan, and I imagine that they will be pretty good. All of those projects that were announced in the fall of 2023 would have been in the prime-time of their revenue recognition during Q2. Another tailwind will be FX translation. The loonie fell about 5% against the USD during TEI's Q2. Since a good chunk of their revenue is earned in USD, but they report in CAD

[prone]

With LNG prices this year, more demand for Energy Efficiency. cheers

[panapple42]

EU Natural gas storage 72% full 

[Mostlyserious]

With increased pricing of conducting PDA's (albeit of unknown significance to big clients), one would hope that conducted PDA's are taken more seriously by both TEI and the client, which if true should reflect to a higher rate of acceptance.  A higher rate of acceptance in the short term makes any decrease in PDA's less relevant historically. There are over 30 PDAs, some number

[Mostlyserious]

I'd say this is a pretty good summary analysis of how the year will unwind.  And I am with you that to mitigate the potential disappointment what should not be a surprise, the backlog will be piled on to significantly over the next few months.  Then the lumpiness in the results is less important and that story that the CEO likes to tell will resonate much differently with a growing

[prone]

Let's remember all the presentations last fall.  There was a reason for them. NRs are coming now that Trymp is elected. Energy Security includes efficiency.! glta

[panapple42]

It would be ironic if the company did better AFTER the woke political leaders lose hugely.

[Mostlyserious]

TEI value proposition to clients thus far was always based on $ than on the positive environmental impacts. No irony to be had....only if suddenly you saw some big client enter a contract for multiple systems that could actually suggest a higher regard for the environment.

[panapple42]

its like protecting the environment with free money.  

[Mostlyserious]

Yes it is, yet it requires a sales pitch, a sales pitch that is obviously extremely difficult when even clients that have employed some technologies and seen the benefits have to be "resold" on replications. The only conclusion is that these things require upfront money regardless how short the payback period is and organizations have many choices where to use that upfront money where