ACCESS ENGINEERING PLC (AEL.N0000)

samaritan wrote:Sri Lankan Prime Minister Mahinda Rajapaksa calls for the construction of a multi-billion-USD Port City project to be accelerated, saying it is a landmark in the island country and will be the main income generator for the future. Rajapaksa has inspected the Colombo Port City construction site in the heart of capital Colombo to mark the sixth anniversary since the project. Launched in 2014, it was jointly developed by the Sri Lankan government and China's CHEC Port City Colombo (Pvt) Ltd. The prime minister says he hopes that the project would be completed soon, so that it would be a major economic boost for the island country."
(source: Xinhuanet)

Unquote: AEL has enormous opportunity of playing a lead role in the construction activities in the Port City in addition to other projects throughout the island.

DailyFT wrote:Access gets Rs. 9.37 b contract for 400-unit housing project in Borella - The Cabinet of Ministers on Monday approved the proposal presented by Minister of Urban Development and Housing on the recommendation of the Cabinet appointed standing procurement committee to award Access Engineering PLC the contract to build a new housing scheme in Borella for Rs. 9.37 billion (without tax).

The Elliot Place Housing Project with 400 housing units by the Urban Development Authority is for middle income earners in the public and private sectors. 

The Government said the project did not proceed as planned due to financial problems in the company that awarded the contract for the design, construction and financing of the project and the contract was terminated. 

National competitive bidding was called for the completion of the remaining work of this priority project and Access was selected for the work.

Pradeep90 wrote:Today AEL will pass 26

suku502 wrote:it seems good share to hold - specially this 5 year

samaritan wrote:AEL will touch 25+ today.

heroxhere wrote:Ladies and Gentlemen, Please welcome to the stage, our next all out performer! A. E. L.!

DailyFT wrote:Access gets Rs. 9.37 b contract for 400-unit housing project in Borella - The Cabinet of Ministers on Monday approved the proposal presented by Minister of Urban Development and Housing on the recommendation of the Cabinet appointed standing procurement committee to award Access Engineering PLC the contract to build a new housing scheme in Borella for Rs. 9.37 billion (without tax).

The Elliot Place Housing Project with 400 housing units by the Urban Development Authority is for middle income earners in the public and private sectors. 

The Government said the project did not proceed as planned due to financial problems in the company that awarded the contract for the design, construction and financing of the project and the contract was terminated. 

National competitive bidding was called for the completion of the remaining work of this priority project and Access was selected for the work.

abey wrote:UP DOWN UP DOWN 25 26 25 26 27 26  30

vikey wrote:

thananjey wrote:those who bought AEL @10/- during month of april/may are now richy richies,,,,,,
anyone became millionare here???

judecroos wrote:

thananjey wrote:those who bought AEL @10/- during month of april/may are now richy richies,,,,,,
anyone became millionare here???

  Watch out in the very near future this will move above 28. I am pretty sure ACCESS  has the value to appreciate the share. Giant in the local construction industry.

Sanju121 wrote:Access will come down to 22 soon

SANJAYANM wrote:Access share is moving like step ladder pattern.
Prise always appreciated about 2 rupees & stagnant for a while.
According to the pattern it will move to 26.50.