ACCESS ENGINEERING PLC (AEL.N0000)

It will come down below 20 before it takes off

Thank you SUSPENS and INDY 500 for your valuable insights. I will hold on to my shares. Hope it will give good gains. 

Seems like AEL on the rise. It hit 21.30 today. Hope it will continue to rise and give good gains.

Truth Seeker wrote:Seems like AEL on the rise. It hit 21.30 today. Hope it will continue to rise and give good gains. :lol: :lol: :lol:

This was expected from the construction sector blue chip. In the near future it has the potential of reaching previous highs!

samaritan wrote:

Truth Seeker wrote:Seems like AEL on the rise. It hit 21.30 today. Hope it will continue to rise and give good gains.

This was expected from the construction sector blue chip. In the near future it has the potential of reaching previous highs!

Does it mean that AEL could reach around 40?

Truth Seeker wrote:

samaritan wrote:

Truth Seeker wrote:Seems like AEL on the rise. It hit 21.30 today. Hope it will continue to rise and give good gains. :lol: :lol: :lol:

This was expected from the construction sector blue chip. In the near future it has the potential of reaching previous highs!

Does it mean that AEL could reach around 40? :D

Chances are good with massive infrastructure development projects in the pipeline under this govt.

I think Ranjan Gomes director sold around 24 million of his shares today. Total traded 34 million odd. He had 30 million total to sell as per June report. Maybe he sold more in the market. So his selling is done now I guess. Which is good. This share with the market movement and also construction resuming and new government looks a positive spin. I think we er looking at 30/- in this rally.

Is 40 unrealistic

SUSPENS wrote:Don't worry....AEL will touch 23 ...
First take the divident....
Before Friday it will reach 21+

Appreciate my self....believe me this will hit 30s withing no time

Truth Seeker wrote:Thank you SUSPENS and INDY 500 for your valuable insights. I will hold on to my shares. Hope it will give good gains. 

Kiyak hari denawada ...?

SUSPENS wrote:

Truth Seeker wrote:Thank you SUSPENS and INDY 500 for your valuable insights. I will hold on to my shares. Hope it will give good gains. 

Kiyak hari denawada ...?

Truth Seeker wrote:

SUSPENS wrote:

Truth Seeker wrote:Thank you SUSPENS and INDY 500 for your valuable insights. I will hold on to my shares. Hope it will give good gains. 

Kiyak hari denawada ...?

It s better if AEL will exceed Rs.23 within a week!!
I invested Rs.500K at Rs.22 before election. This share will shine with next budget without a doubt.

:bounce:23

Construction sector led economic growth is a new phenomenon to Sri Lanka which has been witnessed by our regional neighbours India & Pakistan in the past. Investors who are aware will take advantage of it as at now, and with the realization of the fact by investor community AEL will turnout to be one of the much sought after share in the CSE.

Below is the link of an article published by First Capital in December last year which gives an insight of the prospects for the industry especially under a govt that prioritises infrastructure development. However, the covid outbreak early this year caused a temporary setback until matters were brought under control.

The article is aptly titled "CONSTRUCTION SECTOR SHARES TO SCALE NEW HIGHS". 

https://www.firstcapital.lk/construction-sector-shares-to-scale-new-highs/

Kipling wrote:Is 40 unrealistic

With yesterdays 25 Mn transaction ( bought by NDB wealth Fund )  AEL has no selling pressure at all .

Assume AEL will hit Rs 30/-  very soon and slowly reach Rs 40/-


Rs 40/- is a realistic value ....!!!

http://www.ft.lk/front-page/Ranjan-Gomez-exits-Access-Engineering-NDB-Wealth-buys-in/44-704889

Can some one predict today lowest price of access...?

Thushara Ayya wrote:Can some one predict today lowest price of access...?

as per the information I gathered from the Trading Floor .....

yesterday's downward trend was artificial .. as some party wanted to kept the share below Rs 22.50 .

but the buying was so heavy as traders were so positive on the counter.

all parties knew that yesterday's trading should started from Rs 23/- and move further .  but due to the above mentioned artificial manipulation it was brought down to the closed price Rs 22.20 .


today .. a few thousand of shares can be traded at Rs 22/-  at the very beginning of the morning ...  but heavy push can be expected towards Rs 23/-  during the course of the day.

can expect the entrance of Market Players to the counter by next week and push the prices towards Rs 30 - Rs 35 range within a very shorter time period.

.

even 21.50 is possible , that is how our market works on XD

@Jay-Jay and xhunter

Thanks for the valuable idea.

NDB wealth management will buy another stock ......
Don't know the price they want...
Any how it's good for you and me since it will move futher more ....

Any insight as to what we can expect next week from AEL ?

Director Ranjan Gomes sold near 25 MN shares last week .it would be better touch access below 18 this is my personnel view

chathura123 wrote:Director Ranjan Gomes sold near 25 MN shares last week .it would be better touch access below 18 this is my personnel view

wait and see how AEL running next quarters. 

Why don’t we put it as “NDB Wealth Management” purchased this stock expecting the company to perform in post covid environment now.

*NDB Wealth Management is the No 1 Wealth Management Company* i find it difficult for the management to make a stupid decision with the purchase of AEL if they expect a 20% price drop. Should be the other way around

I consider the purchase as a positive sign. Please correct me if i am wrong. Thank you.

PS - I hold AEL shares.