INDUSTRIAL ASPHALTS (CEYLON) PLC (ASPH.N0000)

Mr.

viduranga is 100 %right .  For me 0.40 , 0.30 good. anything above GG   

Guys this is worth only below .30 cents...I have done many studies on this shares...you know that i am a penny lover. EXPO took me to sky.
But do not try this at even 0.4 cents. Owners also trying to exit.

SEMB N, X much worth than ASPH. Think twice and invest.

SEMB N easy go 1/= or more this time. 66% shares bought by one of the directors

https://cdn.cse.lk/cmt/announcement_portal_prod/Announcement-SMB_73627485808421.pdf

then they offer mandatory offer for this but nobody is ready to sell even at 40cts then how come offer 35cts so they will push and collect further amounts up to 1/= then it will fly like GLAS, HVA

Buy recommend still not bad. work it out and then buy

Usually, this share is highly responsive to market beta value is 2.85
Net asset value .29. Cash flow +.I hope this will go up with the market

There will be a good demand under govt Road Development Program

@stockchaser wrote:Do trades happen purely upon book valur these days .. I doubt so... maybe ur trading in 1960's

Financials are out for ASPH. As expected no growth (top line or bottom line). NAV is 0.29 rs. EPS 0.001 rs. Some expect this to fly to 1.0 rs. 

Even if I traded in 1960's, I wouldn't have bought this above 0.2 rs yet.

Let those mega construction projects start and then lets have a glance again. Adios!!!

Govt. provides update on over 300 large-scale development projects underway at cost of Rs 1.7 trillion

The Government has decided to fast track over 300 large-scale development projects after reviewing the progress of the projects which are valued at Rs. 1.7 trillion. 
The Minister of Finance has tabled the following progress/information with regard to the large-scale development projects implemented islandwide, to the Cabinet of Ministers: 
319 large–scale development projects exceeding a cost of rupees 1000 million is being implemented at present under 43 Ministries. 
These projects implemented until the year 2030 have an approximate total value of rupees 7.1 trillion 
An expenditure of rupees 1.75 trillion has been spent while rupees 745 billion of provisions has been allocated for the year 2021. 
There are 88 projects that ensure the new development access of the government out of those 319 projects. 
The estimated cost for the purpose is rupees 2.5 trillion whereas, rupees 232 billion has been allocated for those projects for this year. 
Amongst those programmes are Drinking Water for All projects, the development programmes of 100,000 kilometres of highways and byways, Hundred Cities programme, Waari Saubhagya (Irrigation Prosperity) programme as well as the Saubhagya Production Villages Programme along with the programmes the government has inaugurated for confronting COVID – 19 pandemic situations. 
Only 55% of the target expenditure has been occurred during the first quarter of the year, due to the COVID – 19 pandemic circumstances prevailing within the country. 

Thereby, the Cabinet has decided that the projects showing less progress to be implemented on a priority basis after reviewing them again so that the expected goals and objectives from these projects could be achieved by implementing those projects.
It has also been decided to direct those projects under the close supervision of the Ministry of Development Coordination and Supervision so that the project activities can be finalized within the precise time frame and present to the public for their benefit. (NewsWire)



I believe ASPH will be highly benefitted from the future projects. It will soon shoot up. 


AEL too.


Please share your thoughts.

It appears that Industrial Asphalt has a good future

Their relationship with govt Athorrities is also favorable

get ready with ASPH , time start bull run again