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FINANCIAL CHRONICLE™ » CORPORATE CHRONICLE™ » ACCESS ENGINEERING PLC (AEL.N0000)

ACCESS ENGINEERING PLC (AEL.N0000)

+218
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1051ACCESS ENGINEERING PLC (AEL.N0000) - Page 43 Empty Re: ACCESS ENGINEERING PLC (AEL.N0000) Thu Jan 28, 2021 10:56 am

samaritan


Moderator
Moderator
Govt. to press ahead with 289 infrastructure projects worth Rs. 5 trillion – State Minister Cabraal


https://island.lk/govt-to-press-ahead-with-289-infrastructure-projects-worth-rs-5-trillion-state-minister-cabraal/

THIS IS GREAT NEWS FOR AEL!


ACCESS ENGINEERING PLC (AEL.N0000) - Page 43 1611720881367?e=1614816000&v=beta&t=BOqRVh-xcgbyrVogTBF6L0DFlTbXMZ662xsg7cwT8aQ
Access Engineering has pioneered the use of numerous engineering techniques in Sri Lanka such as Geosynthetics, Diaphragm Walls, Horizontal Direct Drilling, Polymer modified bitumen and more. We also work closely with leading universities to develop new techniques uniquely suited to Sri Lanka. Using innovations allow us to engineer maximum value across our projects.
(source: 'Linkedin')


ACCESS ENGINEERING PLC (AEL.N0000) - Page 43 Importance-of-infrastructure-development

subash81 likes this post

1052ACCESS ENGINEERING PLC (AEL.N0000) - Page 43 Empty Re: ACCESS ENGINEERING PLC (AEL.N0000) Thu Jan 28, 2021 2:20 pm

Kipling


Expert
Expert
Samaritan 
Will we break 9,000 tomorrow & 10,000 first week of February. Thank you.

1053ACCESS ENGINEERING PLC (AEL.N0000) - Page 43 Empty Re: ACCESS ENGINEERING PLC (AEL.N0000) Thu Jan 28, 2021 3:33 pm

samaritan


Moderator
Moderator
@Kipling wrote:Samaritan 
Will we break 9,000 tomorrow & 10,000 first week of February. Thank you.
Hi Kipling,
I have replied to your question under the thread titled 'ASPI Marks New All-time record at CSE' which is more relevant.GL

1054ACCESS ENGINEERING PLC (AEL.N0000) - Page 43 Empty Re: ACCESS ENGINEERING PLC (AEL.N0000) Fri Jan 29, 2021 8:56 am

samaritan


Moderator
Moderator
@samaritan wrote:Govt. to press ahead with 289 infrastructure projects worth Rs. 5 trillion – State Minister Cabraal


https://island.lk/govt-to-press-ahead-with-289-infrastructure-projects-worth-rs-5-trillion-state-minister-cabraal/

THIS IS GREAT NEWS FOR AEL!


ACCESS ENGINEERING PLC (AEL.N0000) - Page 43 1611720881367?e=1614816000&v=beta&t=BOqRVh-xcgbyrVogTBF6L0DFlTbXMZ662xsg7cwT8aQ
Access Engineering has pioneered the use of numerous engineering techniques in Sri Lanka such as Geosynthetics, Diaphragm Walls, Horizontal Direct Drilling, Polymer modified bitumen and more. We also work closely with leading universities to develop new techniques uniquely suited to Sri Lanka. Using innovations allow us to engineer maximum value across our projects.
(source: 'Linkedin')


ACCESS ENGINEERING PLC (AEL.N0000) - Page 43 Importance-of-infrastructure-development
It will be interesting to see AEL price movement in response to this beneficial news.

ADVENTUS likes this post

1055ACCESS ENGINEERING PLC (AEL.N0000) - Page 43 Empty Re: ACCESS ENGINEERING PLC (AEL.N0000) Thu Feb 11, 2021 3:32 pm

ADVENTUS


Moderator
Moderator
"Laid foundation stone for a 10 storied car parking facility at Union place. This the 4 th out of 9 such facilities we have planned to construct this year. This project will be handled by access engineering." Nalaka Godahewa



https://twitter.com/GodahewaNalaka/status/1359541264694190080 Basketball Basketball Basketball Basketball

1056ACCESS ENGINEERING PLC (AEL.N0000) - Page 43 Empty Re: ACCESS ENGINEERING PLC (AEL.N0000) Thu Feb 11, 2021 5:43 pm

samaritan


Moderator
Moderator
@ADVENTUS wrote:"Laid foundation stone for a 10 storied car parking facility at Union place. This the 4 th out of 9 such facilities we have planned to construct this year. This project will be handled by access engineering." Nalaka Godahewa



https://twitter.com/GodahewaNalaka/status/1359541264694190080 Basketball Basketball Basketball Basketball
First such facility was undertaken at Fort by AEL at a cost of Rs 1.1billion. So, the total cost for the nine facilities will amount to around 10billion rupees.


http://www.ft.lk/front-page/UDA-begins-work-on-Rs-1-1-b-multi-storey-car-park-to-reduce-traffic-congestion-in-Colombo/44-708001


Even during market fall AEL stood its ground trading at around 25 level. In a bullish mode it should trade at 35+.


_________________




The biggest risk in life is not taking any risk at all.

ADVENTUS and judecroos like this post

1057ACCESS ENGINEERING PLC (AEL.N0000) - Page 43 Empty Re: ACCESS ENGINEERING PLC (AEL.N0000) Fri Feb 12, 2021 1:47 am

subash81


Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics
Super result and so many positive news, but AEL not moving due to blood bath.
Agree with most Rs 35/40 soon.

judecroos likes this post

1058ACCESS ENGINEERING PLC (AEL.N0000) - Page 43 Empty Re: ACCESS ENGINEERING PLC (AEL.N0000) Fri Feb 12, 2021 10:58 am

samaritan


Moderator
Moderator
@subash81 wrote:Super result and so many positive news, but AEL not moving due to blood bath.
Agree with most Rs 35/40 soon.
The govt is going ahead with 289 infrastructure projects worth Rs 5 trillion. AEL is a leading construction Company with cutting edge technology and a leader in technological innovations in addition to their connections.


_________________




The biggest risk in life is not taking any risk at all.

1059ACCESS ENGINEERING PLC (AEL.N0000) - Page 43 Empty Re: ACCESS ENGINEERING PLC (AEL.N0000) Wed Feb 24, 2021 1:24 pm

ADVENTUS


Moderator
Moderator
Is there a reason for AEL to not pay dividends in Feb?

1060ACCESS ENGINEERING PLC (AEL.N0000) - Page 43 Empty Re: ACCESS ENGINEERING PLC (AEL.N0000) Wed Feb 24, 2021 7:01 pm

subash81


Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics
@subash81 wrote:Super result and so many positive news, but AEL not moving due to blood bath.
Agree with most Rs 35/40 soon.
Need to wait more but it’s worth waiting.

ADVENTUS likes this post

1061ACCESS ENGINEERING PLC (AEL.N0000) - Page 43 Empty Re: ACCESS ENGINEERING PLC (AEL.N0000) Mon Mar 08, 2021 4:57 pm

Wolf86

Wolf86
Senior Equity Analytic
Senior Equity Analytic
Ael should trade well above Rs 40 +++

ADVENTUS likes this post

1062ACCESS ENGINEERING PLC (AEL.N0000) - Page 43 Empty Re: ACCESS ENGINEERING PLC (AEL.N0000) Fri Mar 26, 2021 9:42 am

suku502


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
is it ok to buy ? why it is not moving ?

1063ACCESS ENGINEERING PLC (AEL.N0000) - Page 43 Empty Re: ACCESS ENGINEERING PLC (AEL.N0000) Fri Mar 26, 2021 10:07 am

engineer


Manager - Equity Analytics
Manager - Equity Analytics
AEL will bounce back, it is slowly heating up too. Technically it is in a good point with a buy signal.

1064ACCESS ENGINEERING PLC (AEL.N0000) - Page 43 Empty Re: ACCESS ENGINEERING PLC (AEL.N0000) Fri Mar 26, 2021 12:02 pm

ADVENTUS


Moderator
Moderator
Does anyone know if who was awarded to do the Ruwanpura Highway? Was it Access?

sanjulanka likes this post

1065ACCESS ENGINEERING PLC (AEL.N0000) - Page 43 Empty Re: ACCESS ENGINEERING PLC (AEL.N0000) Fri Mar 26, 2021 2:34 pm

Nandun


Manager - Equity Analytics
Manager - Equity Analytics
@ADVENTUS wrote:Does anyone know if who was awarded to do the Ruwanpura Highway? Was it Access?
I heard MAGA.

ADVENTUS likes this post

1066ACCESS ENGINEERING PLC (AEL.N0000) - Page 43 Empty Re: ACCESS ENGINEERING PLC (AEL.N0000) Fri Mar 26, 2021 3:05 pm

xhunter

xhunter
Moderator
Moderator
@Nandun wrote:
@ADVENTUS wrote:Does anyone know if who was awarded to do the Ruwanpura Highway? Was it Access?
I heard MAGA.
I also heard it is MAGA, but didn't see any official announcement.

anyway MAGA had submitted the lowest bid
https://www.themorning.lk/ruwanpura-expressway-phase-i-four-local-companies-finalised/

1067ACCESS ENGINEERING PLC (AEL.N0000) - Page 43 Empty Re: ACCESS ENGINEERING PLC (AEL.N0000) Sat Mar 27, 2021 11:48 am

Nandun


Manager - Equity Analytics
Manager - Equity Analytics
@xhunter wrote:
@Nandun wrote:
@ADVENTUS wrote:Does anyone know if who was awarded to do the Ruwanpura Highway? Was it Access?
I heard MAGA.
I also heard it is MAGA, but didn't see any official announcement.

anyway MAGA had submitted the lowest bid
https://www.themorning.lk/ruwanpura-expressway-phase-i-four-local-companies-finalised/
This is for phase 1 others are not yet finalized

ADVENTUS likes this post

ADVENTUS


Moderator
Moderator
Keep an eye if ACCESS gets it
https://www.newswire.lk/2021/05/06/four-flyovers-com-in-colombo-city-within-next-12-months/

1069ACCESS ENGINEERING PLC (AEL.N0000) - Page 43 Empty Re: ACCESS ENGINEERING PLC (AEL.N0000) Mon May 17, 2021 1:07 pm

Thushara Ayya

Thushara Ayya
Vice President - Equity Analytics
Vice President - Equity Analytics
Best time for Mid and Long term collectors....




Not a buy recommendation...

ADVENTUS likes this post

1070ACCESS ENGINEERING PLC (AEL.N0000) - Page 43 Empty Re: ACCESS ENGINEERING PLC (AEL.N0000) Mon May 17, 2021 8:43 pm

High-flyer

High-flyer
Manager - Equity Analytics
Manager - Equity Analytics
@Thushara Ayya wrote:Best time for Mid and Long term collectors....




Not a buy recommendation...

Today people have shown some interest in AEL

Thushara Ayya and ADVENTUS like this post

1071ACCESS ENGINEERING PLC (AEL.N0000) - Page 43 Empty Re: ACCESS ENGINEERING PLC (AEL.N0000) Tue May 18, 2021 1:14 pm

samaritan


Moderator
Moderator
Access Engineering opens new asphalt manufacturing plant in Ganewalpola
ACCESS ENGINEERING PLC (AEL.N0000) - Page 43 Image_5080f2206a


Access Engineering PLC, the foremost civil engineering company in Sri Lanka, expanded its asphalt manufacturing plant operations by opening its seventh plant in Kollankuttigama in Ganewalpola, Kekirawa recently, in order to enhance its greater efficiency in operations. 


http://www.dailymirror.lk/business-news/Access-Engineering-opens-new-asphalt-manufacturing-plant-in-Ganewalpola/273-212198


_________________




The biggest risk in life is not taking any risk at all.

ADVENTUS likes this post

1072ACCESS ENGINEERING PLC (AEL.N0000) - Page 43 Empty Re: ACCESS ENGINEERING PLC (AEL.N0000) Wed May 19, 2021 11:43 am

High-flyer

High-flyer
Manager - Equity Analytics
Manager - Equity Analytics
Something happening in last 3 days. Order book seems bit tight

Sense good Quarter Result and Dividend...

ADVENTUS likes this post

1073ACCESS ENGINEERING PLC (AEL.N0000) - Page 43 Empty Re: ACCESS ENGINEERING PLC (AEL.N0000) Thu May 20, 2021 1:15 am

Mr. X

Mr. X
Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
@High-flyer wrote:Something happening in last 3 days. Order book seems bit tight

Sense good Quarter Result and Dividend...

Voting share (N)

Dividend per share (Rs.)
Voting : 0.50
Type of dividend
        Second interim
Financial year
         31st March 2021
Shareholder approval
         Not required
XD date
         01 Jun 2021
Payment date
         21 Jun 2021
Share transfer book
         Open
Description
          2nd Interim Dividend for the year ended 31st March 2021

ADVENTUS likes this post

1074ACCESS ENGINEERING PLC (AEL.N0000) - Page 43 Empty Re: ACCESS ENGINEERING PLC (AEL.N0000) Fri May 21, 2021 9:04 am

samaritan


Moderator
Moderator
ACCESS ENGINEERING PLC (AEL.N0000) - Page 43 1621413395526?e=1624492800&v=beta&t=X5-SZG9Um-jZYizdBJuDGL7sl2mx_XFiKW3E5LMhZzQ


_________________




The biggest risk in life is not taking any risk at all.

Thushara Ayya likes this post

1075ACCESS ENGINEERING PLC (AEL.N0000) - Page 43 Empty Re: ACCESS ENGINEERING PLC (AEL.N0000) Mon Jun 21, 2021 7:07 am

engineer


Manager - Equity Analytics
Manager - Equity Analytics
Access Engineering PLC, the Balance of Plant (BOP) subcontractor of the Mannar Wind Power Plant, is nearing the completion of the scope of work assigned for this ambitious project which is a flag bearer to drive Sri Lanka to a future of clean renewable energy.

http://www.dailynews.lk/2021/06/21/business/252070/mannar-wind-power-plant-nears-completion

This topic is locked https://www.srilankachronicle.com/t52744-access-engineering-plc-ael-n0000 hence posting here,

1076ACCESS ENGINEERING PLC (AEL.N0000) - Page 43 Empty Access Engineering Fri Jun 25, 2021 9:49 am

chandike73

chandike73
Manager - Equity Analytics
Manager - Equity Analytics
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.

ADVENTUS and Bakkabwoi like this post

1077ACCESS ENGINEERING PLC (AEL.N0000) - Page 43 Empty Re: ACCESS ENGINEERING PLC (AEL.N0000) Sat Jun 26, 2021 9:54 am

MoneyLover

MoneyLover
Manager - Equity Analytics
Manager - Equity Analytics
@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.

reyaz likes this post

1078ACCESS ENGINEERING PLC (AEL.N0000) - Page 43 Empty Re: ACCESS ENGINEERING PLC (AEL.N0000) Wed Aug 04, 2021 11:31 am

samaritan


Moderator
Moderator
"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 43 1626090078872?e=1631145600&v=beta&t=RvhoCwei26BJ0ZwZNBtx4gb8N8VICYb3SShf18LUAX0


_________________




The biggest risk in life is not taking any risk at all.

Hitazz likes this post

1079ACCESS ENGINEERING PLC (AEL.N0000) - Page 43 Empty Re: ACCESS ENGINEERING PLC (AEL.N0000) Tue Aug 31, 2021 12:12 pm

samaritan


Moderator
Moderator
AEL to breakout any moment. 


_________________




The biggest risk in life is not taking any risk at all.

1080ACCESS ENGINEERING PLC (AEL.N0000) - Page 43 Empty Re: ACCESS ENGINEERING PLC (AEL.N0000) Tue Aug 31, 2021 1:50 pm

samaritan


Moderator
Moderator
AEL is the Construction sector Expo
ACCESS ENGINEERING PLC (AEL.N0000) - Page 43 Sr6fn9EZAAAAABJRU5ErkJggg==


_________________




The biggest risk in life is not taking any risk at all.

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