Tingo Group Inc (TIOG)

[snow]

It is high time that this stock has its own board. This is really the same company as TMNA. Few shares trade in TMNA bur during recent days more than a million shares have traded in TIO (Tingo Group). If the published numbers are correct this stock appears to be extremely cheap. At the end of 2022 cash and cash equivalents are supposed to amount to about 500 million dollars which is not much less than the current market cap of the company. It looks as if the stock market does not trust the numbers. A reason for this is that the important activity is in Africa and even worse in Nigeria which is well known for all its swindlers. But of course this does not mean that the leader of the African activities of this company has to be a swindler too. I find it hard to believe that Visa as a company has entered into an important agreement with a swindler.