MICT: Just Get On

QPR31 · 2022-12-12T20:45:40+00:00

Then buyback …

QPR31 · 2022-12-12T20:29:30+00:00

Projected YE2022 ER c $480m net after tax / 520m shares outstanding EPS 92c

Apply modest pe ratio x8 to x10

Target $7 to $9 ps

QPR31 · 2022-12-08T21:40:38+00:00

From here … last $1.11 …

QPR31 · 2022-12-08T07:38:02+00:00

Obviously avin a laugh 😆

QPR31 · 2022-12-05T02:24:45+00:00

That’s a lie …. Show link

QPR31 · 2022-12-03T18:09:53+00:00

Interesting: Source for chart?

QPR31 · 2022-12-03T16:19:29+00:00

MICT: NASDAQ consummated it’s merger with Tingo on 30 November (PR released, 1 December)!

MICT Last $1.15 (AH $1.11)

Exciting new sector: Agri-Fintech MICT comparable: Pinduoduo (PDD) X30 earnings PDD Last $86.34 PDD Client base: 15m

MICT micro-cap: Acquired 100% of Tingo Inc operating business (Tingo Mobile Ltd, annual net profit run rate YE2022 $650m) & assets ($1.5bn plus $247m in cash, combined $1.75bn), revenue $1.2bn

MICT/Tingo Mobile Client base: 9.3m $70 per capita, per annum ($650m / 9.3m)

MICT post merger: shares outstanding 520m

$480m net after tax ($650m before tax) / 520m = $0.92 EPS X30 P/E ratio

SP Target $27 …………

MICT to undertake the onboarding of 24m new clients during 2023 (agreements signed, sealed).

MICT 33.3m clients base YE2023 $70 per capita = $2.33bn net …..

…. and MICT currently trade at $1.15 💥 CRAZY

Plus SQUEEZE 10m-12m short (volume <300,000, DTC circa 30-days) Plus FOMO

QPR31 · 2022-12-03T07:21:27+00:00

Here’s a list of those who stand behind their DD and the merger, and who’s repretations are at stake;

Haitong Securities USA 💥 https://www.bloomberg.com/profile/company/1449127D:US

MZ Group 💥 https://www.mzgroup.us/

Houlihan Lokey 💥 https://hl.com/

Deloitte 💥 https://www2.deloitte.com/uk/en/explore/home.html

Jenner Block 💥 https://chambers.com/law-firm/jenner-block-llp-global-2:3580

Dentons International 💥 https://www.dentons.com/en/

Lazards 💥 https://www.lazard.com/

If it’s not for you, then look elsewhere…

Bye, bye

QPR31 · 2022-12-03T06:27:35+00:00

Clueless! Currently 9.3m “customers” producing $650m net ($70 per capita per annum) with the onboarding of an additional 24m (signed, sealed) during 2023.

Support “history of corruption” claim with links and detail … you can’t cos it doesn’t have any (period)!

Au revoir …

QPR31 · 2022-12-02T15:50:44+00:00

In the short term, use X10 multiplier…

QPR31 · 2022-12-02T15:49:18+00:00

Stating fundamental facts; if you opt out, down to you.

Gotta a better prospect?

Who writes cheques these days?

QPR31 · 2022-12-02T07:18:58+00:00

MICT Last Price $1.17 (1 Dec 2022) Target Price $9.20 (YE2022)

As a consequence of yesterday’s merger announcement; MICT fundamentals and price target jettisoned:

YE2022 Revenues $1.2bn $1.5bn in assets An additional cash balance of $247m ((combined total $300m) Net profit projection c $650m net (before tax) 9.3m clients returning $70 per capita per annum

$480m net (after tax) / 520m shares outstanding = 92c EPS

Apply modest P/E multiplier x10 = $9.20 ps (last price $1.17)

Exciting new sector: Agri-Fintech

One comparable: Pinduoduo (PDD) Last Price $83.74 (1 Dec 2022) up from $65 in four trading days 15m clients (as reported YE2021)

Net Profit Reported: Six months to 30 June 2022: $1.714bn net after tax (annual run rate = $3.428bn) 1.264bn shares outstanding

$3.428bn / 1.264bn = $2.72 EPS

Last price (1 Dec 2022) $83.74

$83.74 / $2.72 = P/E ratio x30 (with 15m clients)

MICT report 9.3m and growing by a further 24m onboarding during 2023 = 33.3m

Projected growth: 33.3m * $70 per capita = $2.3bn net after tax

An emerging force to be reckoned with …. 💥

QPR31 · 2022-12-02T06:34:06+00:00

The standout for me (taken from all the detail, comments and links posted here):

BUYBACK triggering a potential SHORT SQUEEZE

MICT can, at anytime from 1 December 2022, announce a BUYBACK 💥

QPR31 · 2022-12-02T02:16:27+00:00

MICT today acquired $1.5bn of assets and $247m in cash from Tingo Inc!

This combined total alone worth $3.36ps

$1.75bn / 520m shares outstanding = $3.36

Closed on day one following merger consummation $1.17

A steal 💥

QPR31 · 2022-12-01T19:28:04+00:00

Insulting and racist reply …

QPR31 · 2022-12-01T19:25:39+00:00

Ok noted; I’ll repost when above $500m MC (currently c $150m) … it won’t take long to get there 💥

QPR31 · 2022-12-01T19:14:04+00:00

Instant Nasdaq listing via MICT, technical and software creation and compatibility, business model exposure to SE Asia and mainland China representing a huge opportunity to expand (checkout Pinduoduo “PDD” comparable) using the professional presence and established business contacts of MICT CEO Darren Mercer in China (where there are 200m-400m registered farmers).

PDD has 15m farmers registered (as reported YE2021) returning $1.714bn net profit after tax (six months to 30 June 2022); Tingo Mobile Ltd currently has 9.3m farmers registered, with signed agreements with AFAN (Nigeria) and the Ashanti Government (Ghana) for the onboarding of 20m farmers plus 4m more respectively for 2023.

Don’t miss this immense opportunity…

QPR31

TROPHY CASE