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One of the best local construction companies in Sri Lanka. I think this should appreciate further because ACCESS already got most of the projects in our country.samaritan wrote:Technological innovations used by AEL in road construction works using Geosynthetics gives an edge over others.
AEL will play an expeditious lead role in making President's policy statement "Vistas of Prosperity & Splendour"a reality in the backdrop of passing of 20A.
AEL will draw substantial interest.
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Yes.suku502 wrote:what is the Price 40 ??
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Its the Govt policy to give construction work to local Companies. However, joint ventures with foreign Companies are allowed. Example is the 'Harbour Village'. AEL is earmarked to get major construction projects owing to their capability based on quality and expertise.Vishwanarth wrote:If constructions are given for local companies its best rather giving all to cheap China crowd
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The level may pass 30 today.arun.cse wrote:good level to collect
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samaritan wrote:The level may pass 30 today.arun.cse wrote:good level to collect
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arun.cse wrote:samaritan wrote:The level may pass 30 today.arun.cse wrote:good level to collect
I think will not trade 30 level within today. But within this week definitely.
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RJ1010 wrote:Access financials released today and no improvement seen. So how will share price go upto 30?
I hope investors don’t don’t crazy and just push prices up on future value assumptions.
True. There have been delay in them receiving certain tenders connected to Port City and other projects. Once that news comes the price will appreciate. Also valuation of construction sector share is different to manufacturing and other sectors.Vishwanarth wrote:RJ1010 wrote:Access financials released today and no improvement seen. So how will share price go upto 30?
I hope investors don’t don’t crazy and just push prices up on future value assumptions.
People are news panic now. Panic for negative news and positive news both. If One government agency or person cast a simple news for construction initiative, Access will go up. Even a rumor is enough. People don't need fair justification. Anyhow there will be projects for then. I dont understand why share price stagnating same 23-24 for long time.
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Yes impressive and I personally focusing on the future contracts they get and it will be a lot. Take my word they get the majority from the projects even from the Chinese contractors in the port city after the sanctions from USA.Soilconomy wrote:Didn't anyone see the cashflow of Access??Impressive..This will move to 30 in no time...
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