EastBridge Investment Group Corporation (OTCBB: EBIG)
DALLAS–(BUSINESS WIRE)–EastBridge Investment Group Corporation (OTCBB:EBIG – News) has received a rating of “Buy” with a price target of $0.51 by Equity Stock Analysis (ESA). The report is authored by Senior Research Analyst, Kris Gupta, CFA.
The full report is available at http://www.equitystockanalysis.com.
In the report Mr. Gupta writes, “EastBridge Investment Group focuses on small to medium-size high-growth companies in China and India offering IPOs, Joint Ventures and Merchant Banking services. The Company targets industries in electronics, real estate, auto, metal, energy, environmental, bio science, food and retail distribution.
“The business model is to continue setting up wholly owned subsidiaries as EBIG enters new business sectors and to continue to find companies in India and China to provide listing services on the U.S. stock market. Most of the wholly owned Chinese subsidiaries will be spun off as publicly trading U.S. companies in 12 to 18 months.
“We have developed a valuation model for EastBridge Investment Group based on the present value of the expected future cash flows (DCF model). Based on estimated 103.4 million share count the intrinsic value per share is estimated at $0.51. The intrinsic value justifies a significant appreciation from the current level… over the medium term.”
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Contact:
Company Contact:
EastBridge Investment Group Corp.
Norm Klein, 480-966-2020
or
Equity Stock Analysis Contact:
EquityStockAnalysis.com
Dylan Yarter, 469-252-3033
Vice President
dylan@equitystockanalysis.com
Source: EastBridge Investment Group Corporation
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