MICT Inc (MICT)

[ash111]

Agree & just broke MA50. I am Bullish on MICT with a target price of $3, by the end of Q1 2018 and $6 within 6 months.

10Q: cash incteased 7 times! Past 9 months from 668k to 4.6m.
$33m total current assets and almost zero debt. only supplier of ELD.
Yearly revenues alone about 3 times current 9m market cap.

Thru Q1 and beyond MICT to receive
1. $9.25m including $5.25m cash(agreement to sell its subsidiary) which is also equal to current Market cap.
2. annual consulting fee of $150,000 as well as issue the Company 150,000 restricted shares of DPW Class A common.