AYS (5021) - Share price : RM0.34

AYS quarter result has been released. AYS recorded 1.44c for this quarter. If we apply 8 PE to this counter, it should be like this.

(-0.13 + 2.82 + 1.38 + 1.44) x 8 PE = RM0.44. Potential upside 29%.

SMI (4375) - Share price : RM0.18

If you missed AYS, you can take a look at SMI.

South Malaysia Industries Bhd is a company with core businesses in property development, investment and manufacturing. Last year the group 50 percent revenue has contributed by property development and other 50 percent revenue has contributed by manufacturing of steel products.

SMI is a loss-making company for this 5 years time but the group has recorded positive quarter results since May 2016 last year. However, the problem is though the results are good, SMI share price still hovering at lower prices, around 14c to 18c.

Let's say that SMI get 0.5c in this quarter. If we apply 8 PE to this counter, it should be like this.

(0.70 + 0.90 + 0.81 + 0.50) x 8 PE = RM0.23. We don't know how much EPS will get from the group yet, but we will know it very soon.

(Buy at your own risk)