ACCESS ENGINEERING PLC (AEL.N0000)

chandike73 · **1076** Access Engineering Fri Jun 25, 2021 9:49 am

chandike73

Manager - Equity Analytics

Posts : 183
Join date : 2019-04-09

Asia Securities | Earnings Update: AEL SL [TP: LKR 32.50/share; BUY]
- Order book strong at LKR 45bn; stable operations despite ongoing lockdown
- Materials segment to be key performance catalyst in FY22E
- Camso warehouse project delayed; rental income unlikely in FY22E
- Import bans weigh on Automobile; Focus on spare parts & workshop
- We continue to value the share at 5.6x EV/EBITDA FY22E. BUY.

MoneyLover · **1077** Re: ACCESS ENGINEERING PLC (AEL.N0000) Sat Jun 26, 2021 9:54 am

MoneyLover

Manager - Equity Analytics

Posts : 140
Join date : 2011-06-19

chandike73 wrote:Asia Securities | Earnings Update: AEL SL [TP: LKR 32.50/share; BUY]
- Order book strong at LKR 45bn; stable operations despite ongoing lockdown
- Materials segment to be key performance catalyst in FY22E
- Camso warehouse project delayed; rental income unlikely in FY22E
- Import bans weigh on Automobile; Focus on spare parts & workshop
- We continue to value the share at 5.6x EV/EBITDA FY22E. BUY.

Actually, it's a downward revision to 32.50 from the previous TP of 35.00/Share despite ASPI approaching 7800-8000, reflecting short-term hard winds affects AEL.
However, it's a very good pick for long-term investors.

samaritan · **1078** Re: ACCESS ENGINEERING PLC (AEL.N0000) Wed Aug 04, 2021 11:31 am

samaritan

Moderator

Posts : 4126
Join date : 2015-05-16

"For the past two decades, the construction industry has been a major contributor to the development agenda of the country. It has been a catalyst for economic growth in Sri Lanka. This is evident through the contribution made by the construction sector to the country’s overall GDP which has been very significant," said Christopher Joshua further expanding on the state of the construction industry locally as well as globally.

ACCESS ENGINEERING PLC (AEL.N0000) - Page 44 1626090078872?e=1631145600&v=beta&t=RvhoCwei26BJ0ZwZNBtx4gb8N8VICYb3SShf18LUAX0

samaritan · **1079** Re: ACCESS ENGINEERING PLC (AEL.N0000) Tue Aug 31, 2021 12:12 pm

samaritan

Moderator

Posts : 4126
Join date : 2015-05-16

AEL to breakout any moment.

samaritan · **1080** Re: ACCESS ENGINEERING PLC (AEL.N0000) Tue Aug 31, 2021 1:50 pm

samaritan

Moderator

Posts : 4126
Join date : 2015-05-16

AEL is the Construction sector Expo

ACCESS ENGINEERING PLC (AEL.N0000) - Page 44 Sr6fn9EZAAAAABJRU5ErkJggg==

chandike73 · **1081** Re: ACCESS ENGINEERING PLC (AEL.N0000) Tue Aug 31, 2021 1:57 pm

chandike73

Manager - Equity Analytics

Posts : 183
Equity Stars : 2284
Reputation : 10
Join date : 2019-04-09
Location : Gampaha

It will start its journey with quarter results(It s not a speedy journey like expo). Lot of money they have invested in several projects.

newone · **1082** Re: ACCESS ENGINEERING PLC (AEL.N0000) Tue Aug 31, 2021 8:27 pm

newone

Manager - Equity Analytics

Posts : 138
Equity Stars : 3598
Reputation : 0
Join date : 2015-05-26

Please explain the outstanding projects. Basketball

chandike73 · **1083** Re: ACCESS ENGINEERING PLC (AEL.N0000) Tue Aug 31, 2021 9:39 pm

chandike73

Manager - Equity Analytics

Posts : 183
Equity Stars : 2284
Reputation : 10
Join date : 2019-04-09
Location : Gampaha

https://www.accessengsl.com/projects/

samaritan · **1084** Access Engineering PLC Thu Sep 02, 2021 11:28 am

samaritan

Moderator

Posts : 4126
Equity Stars : 9304
Reputation : 188
Join date : 2015-05-16

I sense AEL that has been hybernating for quite some time to breakout soon. Silent steady collection going on. Could be the next Expo ACCESS ENGINEERING PLC (AEL.N0000) - Page 44 Icon_lol

samaritan · **1085** Re: ACCESS ENGINEERING PLC (AEL.N0000) Thu Sep 02, 2021 2:12 pm

samaritan

Moderator

Posts : 4126
Equity Stars : 9304
Reputation : 188
Join date : 2015-05-16

Counter is active & collection going on!

ACCESS ENGINEERING PLC (AEL.N0000) - Page 44 Male-hand-holding-megaphone-don-t-miss-out-speech-bubble-loudspeaker-banner-business-marketing-advertising-vecto-180780784

J-CAT · **1086** Re: ACCESS ENGINEERING PLC (AEL.N0000) Thu Sep 02, 2021 2:21 pm

J-CAT

Senior Equity Analytic

Posts : 64
Equity Stars : 3719
Reputation : 3
Join date : 2014-10-28

samaritan wrote:Counter is active & collection going on!

chandike73 · **1087** Re: ACCESS ENGINEERING PLC (AEL.N0000) Thu Sep 02, 2021 3:44 pm

chandike73

Manager - Equity Analytics

Posts : 183
Equity Stars : 2284
Reputation : 10
Join date : 2019-04-09
Location : Gampaha

AEL started its journey towards 30 little late.

celtic tiger · **1088** Re: ACCESS ENGINEERING PLC (AEL.N0000) Thu Sep 02, 2021 3:56 pm

celtic tiger

Senior Manager - Equity Analytics

Posts : 520
Equity Stars : 5897
Reputation : 21
Join date : 2013-03-23

AEL needs to come up with better Q- reports to break 30 and I think it is gearing to do that.

chandike73 · **1089** Re: ACCESS ENGINEERING PLC (AEL.N0000) Fri Sep 03, 2021 5:47 am

chandike73

Manager - Equity Analytics

Posts : 183
Equity Stars : 2284
Reputation : 10
Join date : 2019-04-09
Location : Gampaha

Ongoing projects by AEL

Rehabilitation of Labugama Kalatuwawa Water Treatment Plant
Access Tower 02 - Building Project
Sri Lanka Regional Bridge Program (20 number of Bridges)
Construction of 941 Housing Units - Relocation of undeserved Settlements Project At Henamulla (Phase II)
Kapparathota Jetty Project

samaritan · **1090** Re: ACCESS ENGINEERING PLC (AEL.N0000) Fri Sep 03, 2021 10:49 am

samaritan

Moderator

Posts : 4126
Equity Stars : 9304
Reputation : 188
Join date : 2015-05-16

chandike73 wrote:Ongoing projects by AEL

Rehabilitation of Labugama Kalatuwawa Water Treatment Plant

Access Tower 02 - Building Project

Sri Lanka Regional Bridge Program (20 number of Bridges)

Construction of 941 Housing Units - Relocation of undeserved Settlements Project At Henamulla (Phase II)

Kapparathota Jetty Project

AEL will continue its bullish run today, the target is beyond what we think for sure.

Inflated 'Sell' quantities are a trick frequently adopted to induce people to sell, don't get caught!