INDUSTRIAL ASPHALTS (CEYLON) PLC (ASPH.N0000)

Hitazz

viduranga is 100 %right . For me 0.40 , 0.30 good. anything above GG INDUSTRIAL ASPHALTS (CEYLON) PLC (ASPH.N0000) - Page 13 1f600

BANDB

BANDB

Stock Analytic

Posts : 10
Join date : 2019-06-21

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.

Vasyan

Vasyan

Manager - Equity Analytics

Posts : 154
Join date : 2014-07-07

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

D.G.Dayaratne

D.G.Dayaratne

Senior Vice President - Equity Analytics

Posts : 2019
Join date : 2011-12-13

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

dayandacool

dayandacool

Moderator

Posts : 539
Join date : 2019-08-26

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. Very Happy

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

Itzme · **306** ASPH is a gem Wed Aug 25, 2021 10:41 pm

Itzme

Senior Equity Analytic

Posts : 53
Equity Stars : 1079
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Join date : 2021-07-27

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.

samaritan

samaritan

Moderator

Posts : 4125
Equity Stars : 9131
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Join date : 2015-05-16

@Itzme, As correctly stated by you the demand for Asphalt could boost AEL's bottom line too. Asia Securities has given a TP of 32/50 for FY22.
They have a strong order book for their construction activities on top of a strong demand for asphalt.

D.G.Dayaratne

D.G.Dayaratne

Senior Vice President - Equity Analytics

Posts : 2019
Equity Stars : 8690
Reputation : 57
Join date : 2011-12-13
Location : Kotte

It appears that Industrial Asphalt has a good future

Their relationship with govt Athorrities is also favorable

Last edited by D.G.Dayaratne on Thu Aug 26, 2021 10:44 am; edited 1 time in total (Reason for editing : Typing mistake)

Equity Win

Equity Win

Senior Manager - Equity Analytics

Posts : 431
Equity Stars : 1805
Reputation : 5
Join date : 2020-08-09

get ready with ASPH , time start bull run again

Equity Win

Equity Win

Senior Manager - Equity Analytics

Posts : 431
Equity Stars : 1805
Reputation : 5
Join date : 2020-08-09

MOU with Hiin Holdings Pte Ltd of Singapore on 12.10.2021 what happen next ? is price will increase ?

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INDUSTRIAL ASPHALTS (CEYLON) PLC (ASPH.N0000)

301 Re: INDUSTRIAL ASPHALTS (CEYLON) PLC (ASPH.N0000) Mon Jul 19, 2021 11:55 pm

Hitazz

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

302 Re: INDUSTRIAL ASPHALTS (CEYLON) PLC (ASPH.N0000) Tue Jul 20, 2021 11:45 pm

BANDB

303 Re: INDUSTRIAL ASPHALTS (CEYLON) PLC (ASPH.N0000) Wed Jul 21, 2021 3:51 am

Vasyan

304 Re: INDUSTRIAL ASPHALTS (CEYLON) PLC (ASPH.N0000) Wed Jul 21, 2021 6:34 am

D.G.Dayaratne

305 Re: INDUSTRIAL ASPHALTS (CEYLON) PLC (ASPH.N0000) Fri Jul 30, 2021 10:09 am

dayandacool

306 ASPH is a gem Wed Aug 25, 2021 10:41 pm

Itzme

307 Re: INDUSTRIAL ASPHALTS (CEYLON) PLC (ASPH.N0000) Thu Aug 26, 2021 10:26 am

samaritan

308 Re: INDUSTRIAL ASPHALTS (CEYLON) PLC (ASPH.N0000) Thu Aug 26, 2021 10:42 am

D.G.Dayaratne

309 Re: INDUSTRIAL ASPHALTS (CEYLON) PLC (ASPH.N0000) Wed Sep 08, 2021 11:44 am

Equity Win

310 Re: INDUSTRIAL ASPHALTS (CEYLON) PLC (ASPH.N0000) Wed Oct 13, 2021 11:23 am

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311 Re: INDUSTRIAL ASPHALTS (CEYLON) PLC (ASPH.N0000)

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