Tingo Inc (TMNA)

[crudeoil24]

" If we take Tingo's projected FY 2022 earnings estimate ( $ 470 million net profit) and divide by the outstanding shares after the close of the merger ( around 520 million ) we get $ .90 share , thus making MICT' s earnings per share even higher than it current price. If we multiply this by the fintech average PE ratio of 7.5 times, we get $6.75 > This all means that by November 30, an .80 stock will have a fair value $6.75 nearly 750% increase." >>>>> According to Magpie Securities