China Sun Bio Chem Valuation

DBS Vickers had a TP of $0.95 with a potential upside if $0.25-$0.50 cents if CSBT were to secure the fuel ethanol licence. Meaning a possible new TP of $1.2 - $1.45


Based on my conservative calculations, I had two evaluations based on whether CSBT obtains the ethanol license or not.

With ethanol license,

Today's share price of $0.98 is approximately 93.8% undervalued from the rough estimate of intrinsic business value.








Without ethanol license,

Today's share price of $0.98 is approximately 22% undervalued from the rough estimate of intrinsic business value.













Cheers
Niversphere.


Please read the prospectus and perform your analysis before making any investment decision. The above does not constitute a recommendation to apply for this company. I will not be liable for any losses incurred by anyone who invests based solely on the above-mentioned information