FINANCIAL CHRONICLE™
Dear Reader,

Registration with the Sri Lanka FINANCIAL CHRONICLE™️ would enable you to enjoy an array of other services such as Member Rankings, User Groups, Own Posts & Profile, Exclusive Research, Live Chat Box etc..

All information contained in this forum is subject to Disclaimer Notice published.


Thank You
FINANCIAL CHRONICLE™️
www.srilankachronicle.com


Join the forum, it's quick and easy

FINANCIAL CHRONICLE™
Dear Reader,

Registration with the Sri Lanka FINANCIAL CHRONICLE™️ would enable you to enjoy an array of other services such as Member Rankings, User Groups, Own Posts & Profile, Exclusive Research, Live Chat Box etc..

All information contained in this forum is subject to Disclaimer Notice published.


Thank You
FINANCIAL CHRONICLE™️
www.srilankachronicle.com
FINANCIAL CHRONICLE™
Would you like to react to this message? Create an account in a few clicks or log in to continue.

Encyclopedia of Latest news, reviews, discussions and analysis of stock market and investment opportunities in Sri Lanka


Submit PostSubmit Post
ශ්‍රී ලංකා මූල්‍ය වංශකථාව - සිංහල
Submit Post



Latest topics

» EXPO EXPO EXPO
by Gowri123 Today at 12:35 am

» Many positives for Next week
by jaya Yesterday at 10:04 pm

» GLAS will be winner with Super Gain.
by Eranga87 Yesterday at 9:50 pm

» still I believe this
by 100Bill Yesterday at 9:21 pm

» Kind of behavior traders engage in when they are frustrated and want their money back from the market. Stock market for beginners
by Asoka Samarakone Yesterday at 9:13 pm

» SUNSHINE HOLDINGS PLC (SUN.N0000)
by ErangaDS Yesterday at 8:19 pm

» Investor sentiment - will there ever be a recovery?
by xhunter Yesterday at 7:49 pm

» Let's have a stop-loss strategy to maximize investment returns in stock market
by EquityChamp Yesterday at 7:19 pm

» Daily Foreign Transactions
by Pradeep90 Yesterday at 6:56 pm

» Norway -> biggest shareholder of NDB
by Bakkabwoi Yesterday at 6:42 pm

» DIPD/HAYC/HAYL
by samaritan Yesterday at 5:41 pm

» කොටස් මිල දී ගන්න මෙය හොඳම කාලයයි – රාජ්‍ය අමාත්‍ය කබ්රාල්
by samaritan Yesterday at 5:07 pm

» IS it right time to stick to warren buffett's most famous saying ???
by Mr. X Yesterday at 4:02 pm

» CSE - The World's best performer!
by Vishwanarth Yesterday at 2:42 pm

» Best Broker
by Wickyz Yesterday at 2:32 pm

» Game Changed! SUPER GREEN
by Karthick Yesterday at 12:24 pm

» Blue Diamond
by thavam_Eu Yesterday at 12:07 pm

» GALORE OF GOOD NEWS TO THE CSE
by Bakkabwoi Yesterday at 11:58 am

» TRUE VALUE OF LANKA ALUMINUM INDUSTRY (LALU)
by Trading Jockey Yesterday at 10:26 am

» EBCR group of companies
by Wolf86 Thu Mar 04, 2021 10:30 pm

EXPERT CHRONICLE™

ECONOMIC CHRONICLE

GROSS DOMESTIC PRODUCT (GDP)


CHRONICLE™ YouTube

CHRONICLE™ NEWS PRODUCTS

FINANCIAL CHRONICLE™

Views & Reviews, Analysis, Evaluations, Discussions, Gossip and Hot Tips relating to Sri Lankan companies listed on the Colombo Stock Exchange (CSE)
Contribute




DAILY CHRONICLE™

Latest news and articles published in Newspapers, Websites, Blogs and other online news sites relating to business and investments in Sri Lanka
Contribute



ECONOMIC CHRONICLE™

This is a section that provide news, views, analysis, predications relating to Political and Socio-Economic factors and how such activities affect the Stock Market and other economic activity of the Country.

Contribute




EXPERT CHRONICLE™

This is an exclusive section for Expert Articles which will help member to share knowledge through comments and responses of the members. All members are allowed to reply and make comments to these articles.

Contribute


Submit Post


CHRONICLE™ YouTube

Youtube Videos and other visual presentations relating Stock market and other investment advise submitted by members or other contributors.

Contribute


Submit Post


කොළඔ කොටස් වෙළඳපොළේ වංශකථාව
කොළඔ කොටස් වෙළඳපොළේ ලැයිස්තුගත සමාගම් කොටස් ගැන තොරතුරු¸විශ්ලේෂණ¸සාකච්ඡා¸ කටකතා¸රසකතා යන සියල්ල අපේම සිංහලෙන් කතා කළ හැකි ‘කතා මණ්ඩපය’

Contribute

Twitter Feeds
POPULAR COMPANIES
A

ABANS ELECTRICALS PLC

ACCESS ENGINEERING PLC Hot

ACL CABLES PLC

ACL PLASTICS PLC

ACME PRINTING & PACKAGING PLC

AGSTAR PLC

AITKEN SPENCE HOTEL HOLDINGS PLC

AITKEN SPENCE PLC

ANILANA HOTELS AND PROPERTIES PLC

ARPICO INSURANCE PLC

ASIA ASSET FINANCE PLC

ASIA CAPITAL PLC

B

BAIRAHA FARMS PLC

BALANGODA PLANTATIONS PLC

BIMPUTH FINANCE PLC

BLUE DIAMONDS JEWELLERY WORLDWIDE PLC

B P P L HOLDINGS PLC

BROWNS BEACH HOTELS PLC

BROWNS INVESTMENTS PLC

C

CARGO BOAT DEVELOPMENT COMPANY PLC

CENTRAL INDUSTRIES PLC

CEYLON COLD STORES PLC

CEYLON GRAIN ELEVATORS PLC Hot

CEYLON TEA BROKERS PLC

CEYLON TOBACCO COMPANY PLC

CHEVRON LUBRICANTS LANKA PLC

COLOMBO FORT LAND & BUILDING PLC

COMMERCIAL BANK OF CEYLON PLC

CITRUS LEISURE PLC Hot

COMMERCIAL CREDIT AND FINANCE PLC

D

DANKOTUWA PORCELAIN PLC

DFCC BANK PLC

DIALOG AXIATA PLC

DIALOG FINANCE PLC

DIPPED PRODUCTS PLC

DISTILLERIES COMPANY OF SRI LANKA PLC

DUNAMIS CAPITAL PLC

E

EAST WEST PROPERTIES PLC Hot

EASTERN MERCHANTS PLC

EXPOLANKA HOLDINGS PLC

E-CHANNELLING PLC

F

FIRST CAPITAL HOLDINGS PLC

G

GALADARI HOTELS (LANKA) PLC

GUARDIAN CAPITAL PARTNERS PLC

H

HATTON NATIONAL BANK PLC

HAYLEYS PLC

HAYLEYS FABRIC PLC

HAYLEYS FIBRE PLC Hot

HEMAS HOLDINGS PLC

HIKKADUWA BEACH RESORT PLC

HNB ASSURANCE PLC

HVA FOODS PLC

J

JANASHAKTHI INSURANCE COMPANY PLC

JOHN KEELLS HOLDINGS PLC Hot

JOHN KEELLS HOTELS PLC

L

LANKA ASHOK LEYLAND PLC

LANKA IOC PLC

LANKEM CEYLON PLC

LANKEM DEVELOPMENTS PLC

LAUGFS GAS PLC

LAUGFS POWER LIMITED

LOLC FINANCE PLC

LOLC HOLDINGS PLC

LUCKY LANKA MILK PROCESSING COMPANY PLC

M

MELSTACORP PLC

N

NATIONAL DEVELOPMENT BANK PLC

NATION LANKA FINANCE PLC

NESTLE LANKA PLC

O

ORIENT FINANCE PLC

OVERSEAS REALTY (CEYLON) PLC

P

PANASIAN POWER PLC

PEOPLE'S LEASING & FINANCE PLC

PIRAMAL GLASS CEYLON PLC

PRIME FINANCE PLC

R

RAIGAM WAYAMBA SALTERNS PLC

RENUKA AGRI FOODS PLC

RENUKA CAPITAL PLC

RENUKA HOLDINGS PLC

RICHARD PIERIS AND COMPANY PLC

RICHARD PIERIS EXPORTS PLC Hot

ROYAL CERAMICS PLC

S

SAMPATH BANK PLC

SEYLAN BANK PLC

SIERRA CABLES PLC

SINGHE HOSPITALS PLC Hot

SMB LEASING PLC

SOFTLOGIC HOLDINGS PLC

SOFTLOGIC LIFE INSURANCE PLC

SRI LANKA TELECOM PLC

SWISSTEK (CEYLON) PLC Hot

T

TEEJAY LANKA PLC

TESS AGRO PLC

THREE ACRE FARMS PLC

TOKYO CEMENT COMPANY (LANKA) PLC Hot

U

UNION BANK OF COLOMBO PLC

V

VALLIBEL FINANCE PLC

VALLIBEL ONE PLC Hot

VALLIBEL POWER ERATHNA PLC

W

WASKADUWA BEACH RESORT PLC


You are not connected. Please login or register

FINANCIAL CHRONICLE™ » FINANCIAL CHRONICLE™ » MTD Walkers involved in A32 road construction, piling work at top hotel site

MTD Walkers involved in A32 road construction, piling work at top hotel site

Go down  Message [Page 1 of 1]

market bull

market bull
Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics

With two major contracts in the bag -- constructing the A32 road linking the North and South and the piling contract for the 5-Star international Hotel Softlogic Movenpick through a subsidiary CML MTD Construction Ltd -, MTD Walkers PLC says it’s looking forward to a progressive year.

Viraj de Silva, the group’s Chief Financial Officer, said these projects are two of the largest contracts to be undertaken by any engineering company in 2011. “We successfully won these contracts and both these projects are slated for completion within the next two years,” he said in a press release issued by the company.

Describing the organization as Sri Lanka’s only listed, fully fledged engineering and infrastructure-development company, the release said the company will undertake the construction of 36 km of the A32 road at a cost of Rs 1.7 billion. On completion, the road will connect the North with the South and will be the shortest route from Colombo to Jaffna.

CML-MTD Construction has also received a letter of acceptance for the reconstruction of the Giriulla –Narammala Highway worth Rs 1.4 billion. The company has already successfully completed the construction of substantial components of the new Southern Expressway and is in the process of contributing specialist construction capacity for constructing the Colombo-Katunayake Expressway.

The statement said Walkers’ Piling (Pvt) Ltd, a fully owned subsidiary of MTD Walkers and one of the largest piling contractors in Sri Lanka, will commence work this month at the Movenpick hotel site using specialized ‘secant’ piling technique which is frequently used overseas for deep excavation.


Source:www.sundaytimes.lk

aj


Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics
36 km? Shortest route from Colombo to Jaffna? Is that a worm hole or something?
And the piling of the hotel buildling. Are these really major projects for a company to talk about?
When you deduct the costs, raw materials, equipment, wages how much do you think they will get at the end? Unless they're going to build falling bridges or carpeted roads with plants grown in the middle of the road. Like Sri Lanka have today.

dindon1

dindon1
Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
@aj wrote:36 km? Shortest route from Colombo to Jaffna? Is that a worm hole or something?
And the piling of the hotel buildling. Are these really major projects for a company to talk about?
When you deduct the costs, raw materials, equipment, wages how much do you think they will get at the end? Unless they're going to build falling bridges or carpeted roads with plants grown in the middle of the road. Like Sri Lanka have today.
It says shortest way to Jaffna means once A32 road finished You dont have to go to Kandy and get A9 to Jaffna, instead you can travel via A3 (Peliyagoda to Puttalam) and then B403 to Mannar and A32 to Jaffna via Navathkuli.,Which will be the shortest way to Jaffna from colombo.,Which will save heck of a time and cost.,

market bull

market bull
Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics

I dont know the average Gross profit ratio of Construction project. I assume it is 20%-25%.

20% of 1.7Billion=340Millions

It is a significant amount. I know that KAPI is a speculative share.This is not a KAPI promotion


quote="aj"]36 km? Shortest route from Colombo to Jaffna? Is that a worm hole or something?
And the piling of the hotel buildling. Are these really major projects for a company to talk about?
When you deduct the costs, raw materials, equipment, wages how much do you think they will get at the end? Unless they're going to build falling bridges or carpeted roads with plants grown in the middle of the road. Like Sri Lanka have today.[/quote]

mra

mra
Manager - Equity Analytics
Manager - Equity Analytics
are these just biz page stories? are their any proof to say these projects are under implementation stage? or just a proposal ??

Fresher


Moderator
Moderator
off topic - are these two coastal roads accessible at present?

market bull

market bull
Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics
As i know,both projects need to be completed by 2013. However they can request money stage by stage & show their profits accordingly after deducting some portion of profit.

@mra wrote:are these just biz page stories? are their any proof to say these projects are under implementation stage? or just a proposal ??

dindon1

dindon1
Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
npp wrote:off topic - are these two coastal roads accessible at present?
yes.,they are connected and accessible

Sponsored content


Back to top  Message [Page 1 of 1]

Permissions in this forum:
You cannot reply to topics in this forum