ACCESS ENGINEERING PLC (AEL.N0000)

samaritan · **1051** Re: ACCESS ENGINEERING PLC (AEL.N0000) Thu Jan 28, 2021 10:56 am

samaritan

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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

Kipling · **1052** Re: ACCESS ENGINEERING PLC (AEL.N0000) Thu Jan 28, 2021 2:20 pm

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

samaritan · **1053** Re: ACCESS ENGINEERING PLC (AEL.N0000) Thu Jan 28, 2021 3:33 pm

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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

samaritan · **1054** Re: ACCESS ENGINEERING PLC (AEL.N0000) Fri Jan 29, 2021 8:56 am

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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 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')

It will be interesting to see AEL price movement in response to this beneficial news.

ADVENTUS · **1055** Re: ACCESS ENGINEERING PLC (AEL.N0000) Thu Feb 11, 2021 3:32 pm

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"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

samaritan · **1056** Re: ACCESS ENGINEERING PLC (AEL.N0000) Thu Feb 11, 2021 5:43 pm

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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

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+.

subash81 · **1057** Re: ACCESS ENGINEERING PLC (AEL.N0000) Fri Feb 12, 2021 1:47 am

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

samaritan · **1058** Re: ACCESS ENGINEERING PLC (AEL.N0000) Fri Feb 12, 2021 10:58 am

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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.

ADVENTUS · **1059** Re: ACCESS ENGINEERING PLC (AEL.N0000) Wed Feb 24, 2021 1:24 pm

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

subash81 · **1060** Re: ACCESS ENGINEERING PLC (AEL.N0000) Wed Feb 24, 2021 7:01 pm

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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.

Wolf86 · **1061** Re: ACCESS ENGINEERING PLC (AEL.N0000) Mon Mar 08, 2021 4:57 pm

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Ael should trade well above Rs 40 +++

suku502 · **1062** Re: ACCESS ENGINEERING PLC (AEL.N0000) Fri Mar 26, 2021 9:42 am

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is it ok to buy ? why it is not moving ?

engineer · **1063** Re: ACCESS ENGINEERING PLC (AEL.N0000) Fri Mar 26, 2021 10:07 am

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

ADVENTUS · **1064** Re: ACCESS ENGINEERING PLC (AEL.N0000) Fri Mar 26, 2021 12:02 pm

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

Nandun · **1065** Re: ACCESS ENGINEERING PLC (AEL.N0000) Fri Mar 26, 2021 2:34 pm

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

I heard MAGA.

xhunter · **1066** Re: ACCESS ENGINEERING PLC (AEL.N0000) Fri Mar 26, 2021 3:05 pm

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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/

Nandun · **1067** Re: ACCESS ENGINEERING PLC (AEL.N0000) Sat Mar 27, 2021 11:48 am

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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

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

Thushara Ayya · **1069** Re: ACCESS ENGINEERING PLC (AEL.N0000) Mon May 17, 2021 1:07 pm

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Best time for Mid and Long term collectors....

Not a buy recommendation...

High-flyer · **1070** Re: ACCESS ENGINEERING PLC (AEL.N0000) Mon May 17, 2021 8:43 pm

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Thushara Ayya wrote:Best time for Mid and Long term collectors....

Not a buy recommendation...

Today people have shown some interest in AEL

samaritan · **1071** Re: ACCESS ENGINEERING PLC (AEL.N0000) Tue May 18, 2021 1:14 pm

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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

High-flyer · **1072** Re: ACCESS ENGINEERING PLC (AEL.N0000) Wed May 19, 2021 11:43 am

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Something happening in last 3 days. Order book seems bit tight

Sense good Quarter Result and Dividend...

Mr. X · **1073** Re: ACCESS ENGINEERING PLC (AEL.N0000) Thu May 20, 2021 1:15 am

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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

samaritan · **1074** Re: ACCESS ENGINEERING PLC (AEL.N0000) Fri May 21, 2021 9:04 am

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

engineer · **1075** Re: ACCESS ENGINEERING PLC (AEL.N0000) Mon Jun 21, 2021 7:07 am

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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,

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

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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

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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

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"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

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

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AEL to breakout any moment.

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

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AEL is the Construction sector Expo

ACCESS ENGINEERING PLC (AEL.N0000) - Page 43 Sr6fn9EZAAAAABJRU5ErkJggg==

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ACCESS ENGINEERING PLC (AEL.N0000)

1051 Re: ACCESS ENGINEERING PLC (AEL.N0000) Thu Jan 28, 2021 10:56 am

samaritan

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