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Message [Page 10 of 11]
Re: ACCESS ENGINEERING PLC (AEL.N0000) Thu Nov 12, 2020 4:25 pm
Vishwanarth likes this post
Re: ACCESS ENGINEERING PLC (AEL.N0000) Thu Nov 12, 2020 5:37 pm@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.
Re: ACCESS ENGINEERING PLC (AEL.N0000) Thu Nov 12, 2020 6:53 pm
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.
judecroos and DamithAsian like this post
Re: ACCESS ENGINEERING PLC (AEL.N0000) Fri Nov 13, 2020 9:14 am
judecroos likes this post
Re: ACCESS ENGINEERING PLC (AEL.N0000) Fri Nov 13, 2020 10:26 amYes 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...
Re: ACCESS ENGINEERING PLC (AEL.N0000) Fri Nov 13, 2020 10:50 amVishwanarth likes this post
Re: ACCESS ENGINEERING PLC (AEL.N0000) Sat Nov 14, 2020 1:23 pm
Re: ACCESS ENGINEERING PLC (AEL.N0000) Sat Nov 14, 2020 1:39 pmADVENTUS likes this post
NDB Sun Nov 15, 2020 5:00 pm
This was the fist impression for me as well, But see there is a new name in the list "Nanayakkara" Quantity nearly match to article. Looks like NDB may bought on behalf of a client/s. Correct me if i am wrong.@High-flyer wrote:Seems NDB has Sold its holding.
They purchased 24.6Mn + 18.3 Mn around 21.50.
http://www.ft.lk/front-page/NDB-Wealth-buys-more-into-Access-Engineering-foreign-investor-Tundra-exits/44-705213
Cant see them in Q2 Report.
https://cdn.cse.lk/cmt/upload_report_file/1141_1605173093404.pdf
Re: ACCESS ENGINEERING PLC (AEL.N0000) Sun Nov 15, 2020 5:06 pm
Re: ACCESS ENGINEERING PLC (AEL.N0000) Sun Nov 15, 2020 5:16 pmNDB Wealth bought the bulk quantity on behalf of a client who is in the construction industry.@Warren samarawickrama wrote:This was the fist impression for me as well, But see there is a new name in the list "Nanayakkara" Quantity nearly match to article. Looks like NDB may bought on behalf of a client/s. Correct me if i am wrong.@High-flyer wrote:Seems NDB has Sold its holding.
They purchased 24.6Mn + 18.3 Mn around 21.50.
http://www.ft.lk/front-page/NDB-Wealth-buys-more-into-Access-Engineering-foreign-investor-Tundra-exits/44-705213
Cant see them in Q2 Report.
https://cdn.cse.lk/cmt/upload_report_file/1141_1605173093404.pdf
"NDB Wealth has stepped up buying into Access Engineering PLC on behalf of its clients on value"
ADVENTUS likes this post
Re: ACCESS ENGINEERING PLC (AEL.N0000) Sun Nov 15, 2020 5:37 pmADVENTUS likes this post
Re: ACCESS ENGINEERING PLC (AEL.N0000) Sun Nov 15, 2020 5:50 pmYes.@Kipling wrote:Samaritan
You means Mr/Mrs Nanayakkara who is now in top 5 right?
Re: ACCESS ENGINEERING PLC (AEL.N0000) Sun Nov 15, 2020 6:24 pm@samaritan wrote:NDB Wealth bought the bulk quantity on behalf of a client who is in the construction industry.@Warren samarawickrama wrote:This was the fist impression for me as well, But see there is a new name in the list "Nanayakkara" Quantity nearly match to article. Looks like NDB may bought on behalf of a client/s. Correct me if i am wrong.@High-flyer wrote:Seems NDB has Sold its holding.
They purchased 24.6Mn + 18.3 Mn around 21.50.
http://www.ft.lk/front-page/NDB-Wealth-buys-more-into-Access-Engineering-foreign-investor-Tundra-exits/44-705213
Cant see them in Q2 Report.
https://cdn.cse.lk/cmt/upload_report_file/1141_1605173093404.pdf
"NDB Wealth has stepped up buying into Access Engineering PLC on behalf of its clients on value"
Re: ACCESS ENGINEERING PLC (AEL.N0000) Sun Nov 15, 2020 8:42 pmCould be. Nanayakkara's (owners of a construction company) buying into AEL is similar to Hiran Cooray buying Keells Hotels shares. So, doesn't this convey a message? Food for thought!@High-flyer wrote:@samaritan wrote:NDB Wealth bought the bulk quantity on behalf of a client who is in the construction industry.@Warren samarawickrama wrote:This was the fist impression for me as well, But see there is a new name in the list "Nanayakkara" Quantity nearly match to article. Looks like NDB may bought on behalf of a client/s. Correct me if i am wrong.@High-flyer wrote:Seems NDB has Sold its holding.
They purchased 24.6Mn + 18.3 Mn around 21.50.
http://www.ft.lk/front-page/NDB-Wealth-buys-more-into-Access-Engineering-foreign-investor-Tundra-exits/44-705213
Cant see them in Q2 Report.
https://cdn.cse.lk/cmt/upload_report_file/1141_1605173093404.pdf
"NDB Wealth has stepped up buying into Access Engineering PLC on behalf of its clients on value"
As of 30 June,
J Gomez had 30Mn and Tundra had 18Mn that is total of 48Mn.
As of 30 Sep,
Mr & Mrs Nanayakkara has 36Mn.
Hope balance 12Mn is still with some Institution. 12Mn into Retailer Investors is bit too much.
judecroos likes this post
Re: ACCESS ENGINEERING PLC (AEL.N0000) Mon Nov 16, 2020 8:22 amWhat i meant here is that the buyers have better knowledge of the industry and may know what's in the pipeline for AEL which could brighten the future prospects of AEL.@samaritan wrote:Could be. Nanayakkara's (owners of a construction company) buying into AEL is similar to Hiran Cooray buying Keells Hotels shares. So, doesn't this convey a message? Food for thought!@High-flyer wrote:@samaritan wrote:NDB Wealth bought the bulk quantity on behalf of a client who is in the construction industry.@Warren samarawickrama wrote:This was the fist impression for me as well, But see there is a new name in the list "Nanayakkara" Quantity nearly match to article. Looks like NDB may bought on behalf of a client/s. Correct me if i am wrong.@High-flyer wrote:Seems NDB has Sold its holding.
They purchased 24.6Mn + 18.3 Mn around 21.50.
http://www.ft.lk/front-page/NDB-Wealth-buys-more-into-Access-Engineering-foreign-investor-Tundra-exits/44-705213
Cant see them in Q2 Report.
https://cdn.cse.lk/cmt/upload_report_file/1141_1605173093404.pdf
"NDB Wealth has stepped up buying into Access Engineering PLC on behalf of its clients on value"
As of 30 June,
J Gomez had 30Mn and Tundra had 18Mn that is total of 48Mn.
As of 30 Sep,
Mr & Mrs Nanayakkara has 36Mn.
Hope balance 12Mn is still with some Institution. 12Mn into Retailer Investors is bit too much.
judecroos likes this post
Re: ACCESS ENGINEERING PLC (AEL.N0000) Mon Nov 16, 2020 2:02 pmADVENTUS and judecroos like this post
Re: ACCESS ENGINEERING PLC (AEL.N0000) Mon Nov 16, 2020 2:05 pmDefinitely AEL should get the major part in that.@samaritan wrote:BIA phase II development to kick off this month with Rs.107bn from Japan.
http://www.dailymirror.lk/business-news/BIA-phase-II-development-to-kick-off-this-month-with-Rs-107bn-from-Japan/273-199926
The govt's policy is to involve local contractors in construction projects. Possible benefit to AEL???
samaritan, Kipling, ADVENTUS and geesura like this post
Re: ACCESS ENGINEERING PLC (AEL.N0000) Mon Nov 16, 2020 7:05 pmYes AEL have massive potential to go beyond 30 in short term....mark my words@judecroos wrote:Definitely AEL should get the major part in that.@samaritan wrote:BIA phase II development to kick off this month with Rs.107bn from Japan.
http://www.dailymirror.lk/business-news/BIA-phase-II-development-to-kick-off-this-month-with-Rs-107bn-from-Japan/273-199926
The govt's policy is to involve local contractors in construction projects. Possible benefit to AEL???
samaritan, Kipling, ADVENTUS, judecroos, geesura and SANJAYANM like this post
Re: ACCESS ENGINEERING PLC (AEL.N0000) Wed Nov 18, 2020 10:02 amjudecroos likes this post
Re: ACCESS ENGINEERING PLC (AEL.N0000) Wed Nov 18, 2020 10:29 am40++++@samaritan wrote:LKR 1tn allocated for 1000 community water supply projects.
Marine drive to be extended to Moratuwa.
50,000 km rural roads are to be developed.
10,000 rural bridges.
Construction of Expressways.
Develop 5 techno parks.
(source: softlogic stock brokers tweet)
Wish to emphasize that AEL is specialized in water supply projects and they are well positioned to secure this project and major portion of other projects as well.
No wonder Chairman of a well established construction company (who is into heavy construction works) purchased a significant quantity of AEL shares through NDB Wealth few months back.
I leave price forecasts to your imagination.
samaritan likes this post
Re: ACCESS ENGINEERING PLC (AEL.N0000) Wed Nov 18, 2020 10:34 am
Last edited by DamithAsian on Wed Nov 18, 2020 10:41 am; edited 3 times in total
judecroos likes this post
Re: ACCESS ENGINEERING PLC (AEL.N0000) Wed Nov 18, 2020 10:35 amjudecroos likes this post
Re: ACCESS ENGINEERING PLC (AEL.N0000) Wed Nov 18, 2020 10:39 am
judecroos likes this post
Re: ACCESS ENGINEERING PLC (AEL.N0000) Wed Nov 18, 2020 10:40 am
Do you think all the Agri projects will come to RAL? saw ur post saying RAL 6+@subash81 wrote:Do you think all these projects will come to AEL only as there are many other big companies
Re: ACCESS ENGINEERING PLC (AEL.N0000) Wed Nov 18, 2020 10:40 amNo no don't misunderstand he has explained that the ,majority part of the projects which is going or allocated to the local construction companies will get Access because of their quality work and capacity they are the only one with C3 grade.@subash81 wrote:Do you think all these projects will come to AEL only as there are many other big companies
geesura likes this post
Re: ACCESS ENGINEERING PLC (AEL.N0000) Wed Nov 18, 2020 10:42 amNo no don't misunderstand he has explained that the ,majority part of the projects which is going or allocated to the local construction companies will get Access because of their quality work and capacity they are the only one with C3 grade.@kalyana1234 wrote:Do you think all these projects will come to AEL only as there are many other big companies
Exactly correct...... AEL never go up with in 4 month
Re: ACCESS ENGINEERING PLC (AEL.N0000) Wed Nov 18, 2020 10:43 amAEL has good communication with policymaking authority??@judecroos wrote:No no don't misunderstand he has explained that the ,majority part of the projects which is going or allocated to the local construction companies will get Access because of their quality work and capacity they are the only one with C3 grade.@subash81 wrote:Do you think all these projects will come to AEL only as there are many other big companies
judecroos likes this post
Re: ACCESS ENGINEERING PLC (AEL.N0000) Wed Nov 18, 2020 10:44 amI need to add one thing "government connections" with access engineering. as u you all know AEL didn't get paid for the projects they completed during YAHAPALAN ERA these will be corrected under this government as they got healthy connections@judecroos wrote:No no don't misunderstand he has explained that the ,majority part of the projects which is going or allocated to the local construction companies will get Access because of their quality work and capacity they are the only one with C3 grade.@subash81 wrote:Do you think all these projects will come to AEL only as there are many other big companies
judecroos and DamithAsian like this post
Re: ACCESS ENGINEERING PLC (AEL.N0000) Wed Nov 18, 2020 10:44 amCertain projects requires specialization which is the strength of AEL. Furthermore, they are poised to secure substantial proportion of other projects as well.@subash81 wrote:Do you think all these projects will come to AEL only as there are many other big companies
judecroos and subash81 like this post
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