MICT waiting patiently. all solid here, the balance sheet, grow rate 9m orders past 4 months alone, higher than current MC,unreal), Management Resume, usually, several small orders leading to a mega contact and we already know they are working w/major Defense companies witch already doing business w. U.S mega co..
$8m MC vs $21m Backlogs and a solid balance sheet. “We saw strong backlog and pipeline growth in our Aerospace and Defense business.In addition,we believe that the recent U.S. pledge for a $38 billion of military aid to Israel over next 10 years is a significant potential growth engine for Enertec.” in simple words these companies committed to Offset agreements, a major effect on a $8m cap company. $6 P.T is very conservative if you ask me.
My posts are my opinion and should not be used as investment advice. Make your own decisions in your stock trades.