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ACCESS ENGINEERING PLC (AEL.N0000) - Page 9 93409451_1097484607274181_2076022298501971968_o.jpg?_nc_cat=100&_nc_sid=ca434c&_nc_ohc=FU1XDWUMQnUAX_oo45S&_nc_oc=AQm1V74gISwR0cIabzb4-Qw8wG5n0XskuHq1DMfh5tqy1AkwJ8mrFmBZywxpzI81jEI&_nc_ht=scontent.fcmb3-1
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Sri Lanka Equity Forum » Stock Market Talk » ACCESS ENGINEERING PLC (AEL.N0000)

ACCESS ENGINEERING PLC (AEL.N0000)

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161ACCESS ENGINEERING PLC (AEL.N0000) - Page 9 Empty Re: ACCESS ENGINEERING PLC (AEL.N0000) on Wed Sep 23, 2020 7:17 pm

lakymahesh


Senior Equity Analytic
Senior Equity Analytic
@heroxhere wrote:Ladies and Gentlemen, Please welcome to the stage, our next all out performer! A. E. L.!

DailyFT wrote:Access gets Rs. 9.37 b contract for 400-unit housing project in Borella - The Cabinet of Ministers on Monday approved the proposal presented by Minister of Urban Development and Housing on the recommendation of the Cabinet appointed standing procurement committee to award Access Engineering PLC the contract to build a new housing scheme in Borella for Rs. 9.37 billion (without tax).

The Elliot Place Housing Project with 400 housing units by the Urban Development Authority is for middle income earners in the public and private sectors. 

The Government said the project did not proceed as planned due to financial problems in the company that awarded the contract for the design, construction and financing of the project and the contract was terminated. 

National competitive bidding was called for the completion of the remaining work of this priority project and Access was selected for the work.

ACCESS ENGINEERING PLC (AEL.N0000) - Page 9 Screen11
ACCESS ENGINEERING PLC (AEL.N0000) - Page 9 Screen12

400 housing units for middle income familys. Cost is 9.37bn thats 937Cr for 400 houses, this is only construction cost without a land value.
A house will cost 2.34 Cr aprox. 🤑
Middle class mind you.

162ACCESS ENGINEERING PLC (AEL.N0000) - Page 9 Empty Re: ACCESS ENGINEERING PLC (AEL.N0000) on Wed Sep 23, 2020 8:26 pm

abey


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
UP DOWN UP DOWN 25 26 25 26 27 26 santa santa 30

judecroos likes this post

163ACCESS ENGINEERING PLC (AEL.N0000) - Page 9 Empty Re: ACCESS ENGINEERING PLC (AEL.N0000) on Wed Sep 23, 2020 8:29 pm

judecroos


Manager - Equity Analytics
Manager - Equity Analytics
@abey wrote:UP DOWN UP DOWN 25 26 25 26 27 26 santa santa 30
Basketball Basketball Basketball Basketball cheers cheers cheers santa santa  sure it will touch 30 before mid October.

Eugine Fernando, abey, Kipling and judecroos like this post

164ACCESS ENGINEERING PLC (AEL.N0000) - Page 9 Empty Re: ACCESS ENGINEERING PLC (AEL.N0000) on Thu Sep 24, 2020 7:11 am

Mithooshan


Manager - Equity Analytics
Manager - Equity Analytics
There is huge buying pressure restricting the upward movement of the share. Otherwise it would have reached much higher than the current levels. If you already have this share, hold till buying pressure falls off. It will eventually and then share price should have a quick jump.

judecroos likes this post

165ACCESS ENGINEERING PLC (AEL.N0000) - Page 9 Empty Re: ACCESS ENGINEERING PLC (AEL.N0000) on Thu Sep 24, 2020 10:41 am

vikey


Manager - Equity Analytics
Manager - Equity Analytics
ACCESS ENGINEERING PLC (AEL.N0000) - Page 9 E47b7810

judecroos likes this post

166ACCESS ENGINEERING PLC (AEL.N0000) - Page 9 Empty Re: ACCESS ENGINEERING PLC (AEL.N0000) on Thu Sep 24, 2020 2:54 pm

judecroos


Manager - Equity Analytics
Manager - Equity Analytics
@vikey wrote:ACCESS ENGINEERING PLC (AEL.N0000) - Page 9 E47b7810
A good collection is going on, keep calm and will see the drama nicely. Very Happy Very Happy Very Happy

Zahara khan and judecroos like this post

167ACCESS ENGINEERING PLC (AEL.N0000) - Page 9 Empty Re: ACCESS ENGINEERING PLC (AEL.N0000) on Thu Sep 24, 2020 3:51 pm

arun.cse


Manager - Equity Analytics
Manager - Equity Analytics
Can be guaranteed 100 % return within 6 month period.

judecroos likes this post

168ACCESS ENGINEERING PLC (AEL.N0000) - Page 9 Empty Re: ACCESS ENGINEERING PLC (AEL.N0000) on Fri Sep 25, 2020 2:30 am

thananjey


Equity Analytic
Equity Analytic
those who bought AEL @10/- during month of april/may are now richy richies,,,,,,
anyone became millionare here???

judecroos likes this post

169ACCESS ENGINEERING PLC (AEL.N0000) - Page 9 Empty Re: ACCESS ENGINEERING PLC (AEL.N0000) on Fri Sep 25, 2020 7:10 am

judecroos


Manager - Equity Analytics
Manager - Equity Analytics
@thananjey wrote:those who bought AEL @10/- during month of april/may are now richy richies,,,,,,
anyone became millionare here???
Very Happy Very Happy Very Happy  Watch out in the very near future this will move above 28. I am pretty sure ACCESS  has the value to appreciate the share. Giant in the local construction industry.

SANJAYANM likes this post

170ACCESS ENGINEERING PLC (AEL.N0000) - Page 9 Empty Re: ACCESS ENGINEERING PLC (AEL.N0000) on Fri Sep 25, 2020 9:56 am

judecroos


Manager - Equity Analytics
Manager - Equity Analytics
@judecroos wrote:
@thananjey wrote:those who bought AEL @10/- during month of april/may are now richy richies,,,,,,
anyone became millionare here???
Very Happy Very Happy Very Happy  Watch out in the very near future this will move above 28. I am pretty sure ACCESS  has the value to appreciate the share. Giant in the local construction industry.
Sri Lanka issues Rs9.6bn contractor bills for payment arrears

Thursday September 24, 2020 13:10

ECONOMYNEXT – Sri Lanka’s finance ministry said 9.6 billion rupees of bills certifying payment arrears had been issued to contractors, who can use them as collateral to get money from banks.

The finance ministry said 303 suppliers had been issued with the certification letters for services performed in 2019 and 2020 May 31.

All letters have been issued by August 31. Of that 116 related to the education ministry and 109 were to suppliers and contractors of the highways ministry.

Letter had also been related to sports, fisheries, agriculture, labor and Sri Lanka Police.

The letters had been issued to the licensed commercial bank named by the contractor who has to be open a separate account.

The bills will be settled in installment by the Treasury by crediting the account. (Colombo/Sept24/2020)


*This has been a major hit for the construction industry over the years. These payment delays affected the sector liquidity massively & the major issue construction sector is facing has been addressed 90%.

*This will be a real boost for the sector.
Basketball Basketball Basketball Basketball Basketball

Eugine Fernando likes this post

171ACCESS ENGINEERING PLC (AEL.N0000) - Page 9 Empty Re: ACCESS ENGINEERING PLC (AEL.N0000) on Fri Sep 25, 2020 10:53 am

Warren samarawickrama


Stock Trader
Would you mind sharing the original source/article of this?

172ACCESS ENGINEERING PLC (AEL.N0000) - Page 9 Empty Re: ACCESS ENGINEERING PLC (AEL.N0000) on Fri Sep 25, 2020 11:15 am

Sanju121


Senior Equity Analytic
Senior Equity Analytic
Access will come down to 22 soon

173ACCESS ENGINEERING PLC (AEL.N0000) - Page 9 Empty Re: ACCESS ENGINEERING PLC (AEL.N0000) on Fri Sep 25, 2020 11:20 am

samaritan


Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics
AEL will only move upwards with marginal corrections.

judecroos likes this post

174ACCESS ENGINEERING PLC (AEL.N0000) - Page 9 Empty Re: ACCESS ENGINEERING PLC (AEL.N0000) on Fri Sep 25, 2020 11:29 am

Pradeep90


Equity Analytic
Equity Analytic
@ supun are you sure?

175ACCESS ENGINEERING PLC (AEL.N0000) - Page 9 Empty Re: ACCESS ENGINEERING PLC (AEL.N0000) on Fri Sep 25, 2020 12:31 pm

vikey


Manager - Equity Analytics
Manager - Equity Analytics
@Sanju121 wrote:Access will come down to 22 soon
Are you sure?

176ACCESS ENGINEERING PLC (AEL.N0000) - Page 9 Empty Re: ACCESS ENGINEERING PLC (AEL.N0000) on Fri Sep 25, 2020 5:23 pm

SANJAYANM


Equity Analytic
Equity Analytic
Access share is moving like step ladder pattern.
Prise always appreciated about 2 rupees & stagnant for a while.
According to the pattern it will move to 26.50.

judecroos likes this post

177ACCESS ENGINEERING PLC (AEL.N0000) - Page 9 Empty Re: ACCESS ENGINEERING PLC (AEL.N0000) on Fri Sep 25, 2020 5:32 pm

Soilconomy


Senior Equity Analytic
Senior Equity Analytic
Will move to 25 and after budget might move beyond that...

178ACCESS ENGINEERING PLC (AEL.N0000) - Page 9 Empty Re: ACCESS ENGINEERING PLC (AEL.N0000) on Fri Sep 25, 2020 5:35 pm

judecroos


Manager - Equity Analytics
Manager - Equity Analytics
@SANJAYANM wrote:Access share is moving like step ladder pattern.
Prise always appreciated about 2 rupees & stagnant for a while.
According to the pattern it will move to 26.50.
Don't worry this will  Basketball Basketball Basketball Basketball Basketball Basketball Basketball santa

pra4u likes this post

179ACCESS ENGINEERING PLC (AEL.N0000) - Page 9 Empty Re: ACCESS ENGINEERING PLC (AEL.N0000) on Mon Sep 28, 2020 12:20 pm

samaritan


Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics
AEL will reach 25/= v.soon for sure.

judecroos likes this post

180ACCESS ENGINEERING PLC (AEL.N0000) - Page 9 Empty Re: ACCESS ENGINEERING PLC (AEL.N0000) on Wed Sep 30, 2020 12:32 pm

vikey


Manager - Equity Analytics
Manager - Equity Analytics
Whats going on with AEL?

judecroos likes this post

181ACCESS ENGINEERING PLC (AEL.N0000) - Page 9 Empty Re: ACCESS ENGINEERING PLC (AEL.N0000) on Wed Sep 30, 2020 12:41 pm

judecroos


Manager - Equity Analytics
Manager - Equity Analytics
@vikey wrote:Whats going on with AEL?
Smile Smile Do not worry still on collection. time will come soon to change the trend.

182ACCESS ENGINEERING PLC (AEL.N0000) - Page 9 Empty Re: ACCESS ENGINEERING PLC (AEL.N0000) on Wed Sep 30, 2020 1:51 pm

samaritan


Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics
Christopher Joshua, Managing Director of #AccessEngineering, commended government measures to push forward with multiple development projects which will create a positive outlook for the construction industry with the impact caused by the COVID-19 pandemic being relatively lower.
(source: Daily FT)

judecroos likes this post

183ACCESS ENGINEERING PLC (AEL.N0000) - Page 9 Empty Re: ACCESS ENGINEERING PLC (AEL.N0000) on Thu Oct 01, 2020 6:46 am

judecroos


Manager - Equity Analytics
Manager - Equity Analytics
@samaritan wrote:Christopher Joshua, Managing Director of #AccessEngineering, commended government measures to push forward with multiple development projects which will create a positive outlook for the construction industry with the impact caused by the COVID-19 pandemic being relatively lower.
(source: Daily FT)
Keep an eye on AEL very closely as my early posts this could pass 26 level in no time and break the level 28 easily. GL

184ACCESS ENGINEERING PLC (AEL.N0000) - Page 9 Empty Re: ACCESS ENGINEERING PLC (AEL.N0000) on Sat Oct 03, 2020 10:38 am

Mithooshan


Manager - Equity Analytics
Manager - Equity Analytics
It is very disappointing to see this share not moving similar to Tokyo. The share is fundamentally strong and technically the price should go up. (On a perfect market should have by now) I kind of feel that manipulators are behind this share and not allowing it to appreciate as it should be.

I do not hold AEL anymore.

For the ones who are holding i still consider this has a very good share and earnings will definitely improve next quarter and quarter on quarter.

The share price will go up but i think it will go up when manipulators want it to. That is why i am out of AEL.

judecroos likes this post

185ACCESS ENGINEERING PLC (AEL.N0000) - Page 9 Empty Re: ACCESS ENGINEERING PLC (AEL.N0000) on Sat Oct 03, 2020 10:42 am

KavinduTM

KavinduTM
Vice President - Equity Analytics
Vice President - Equity Analytics
@Mithooshan wrote:It is very disappointing to see this share not moving similar to Tokyo. The share is fundamentally strong and technically the price should go up. (On a perfect market should have by now) I kind of feel that manipulators are behind this share and not allowing it to appreciate as it should be.

I do not hold AEL anymore.

For the ones who are holding i still consider this has a very good share and earnings will definitely improve next quarter and quarter on quarter.

The share price will go up but i think it will go up when manipulators want it to. That is why i am out of AEL.

Bad timing mate. Next week is positive for AEL.

samaritan and judecroos like this post

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