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FINANCIAL CHRONICLE™ » CORPORATE CHRONICLE™ » ACCESS ENGINEERING PLC (AEL.N0000)

ACCESS ENGINEERING PLC (AEL.N0000)

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241ACCESS ENGINEERING PLC (AEL.N0000) - Page 11 Empty Re: ACCESS ENGINEERING PLC (AEL.N0000) Mon Nov 16, 2020 8:22 am

samaritan


Moderator
Moderator
@samaritan wrote:
@High-flyer wrote:
@samaritan wrote:
@Warren samarawickrama wrote:
@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
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.
 
"NDB Wealth has stepped up buying into Access Engineering PLC on behalf of its clients on value"
NDB Wealth bought the bulk quantity on behalf of a client who is in the construction industry.

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.
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!
What 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.

Good Luck & Good Bye!

judecroos likes this post

242ACCESS ENGINEERING PLC (AEL.N0000) - Page 11 Empty Re: ACCESS ENGINEERING PLC (AEL.N0000) Mon Nov 16, 2020 2:02 pm

samaritan


Moderator
Moderator
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???

ADVENTUS and judecroos like this post

243ACCESS ENGINEERING PLC (AEL.N0000) - Page 11 Empty Re: ACCESS ENGINEERING PLC (AEL.N0000) Mon Nov 16, 2020 2:05 pm

judecroos


Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics
@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???
Definitely AEL should get the major part in that.

samaritan, Kipling, ADVENTUS and geesura like this post

244ACCESS ENGINEERING PLC (AEL.N0000) - Page 11 Empty Re: ACCESS ENGINEERING PLC (AEL.N0000) Mon Nov 16, 2020 7:05 pm

Soilconomy


Senior Equity Analytic
Senior Equity Analytic
@judecroos wrote:
@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???
Definitely AEL should get the major part in that.
Yes AEL have massive potential to go beyond 30 in short term....mark my words

samaritan, Kipling, ADVENTUS, judecroos, geesura and SANJAYANM like this post

245ACCESS ENGINEERING PLC (AEL.N0000) - Page 11 Empty Re: ACCESS ENGINEERING PLC (AEL.N0000) Wed Nov 18, 2020 10:02 am

samaritan


Moderator
Moderator
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.

judecroos likes this post

246ACCESS ENGINEERING PLC (AEL.N0000) - Page 11 Empty Re: ACCESS ENGINEERING PLC (AEL.N0000) Wed Nov 18, 2020 10:29 am

Soilconomy


Senior Equity Analytic
Senior Equity Analytic
@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.
40++++

samaritan likes this post

247ACCESS ENGINEERING PLC (AEL.N0000) - Page 11 Empty Re: ACCESS ENGINEERING PLC (AEL.N0000) Wed Nov 18, 2020 10:34 am

DamithAsian


Manager - Equity Analytics
Manager - Equity Analytics

  • What Nimal Perera says be "patience " , not to hurry or positive panic.


Once you read last 10 years budget text if those were worked, SL should have gone over Singapore by now.
Budget is read but substance yet to come. Ex: Construction sector will be lead by whom, which companies, role of China,materials from China, Pakistan ??



Perhaps, fundamentals ,charts all those really decisive in countries like US,UK,AUS,JAP... 
But  countries in indian subcontinent needs something more. There may be critical Political, social factors as well especially in construction.



Last edited by DamithAsian on Wed Nov 18, 2020 10:41 am; edited 3 times in total

judecroos likes this post

248ACCESS ENGINEERING PLC (AEL.N0000) - Page 11 Empty Re: ACCESS ENGINEERING PLC (AEL.N0000) Wed Nov 18, 2020 10:35 am

subash81


Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics
Do you think all these projects will come to AEL only as there are many other big companies

judecroos likes this post

249ACCESS ENGINEERING PLC (AEL.N0000) - Page 11 Empty Re: ACCESS ENGINEERING PLC (AEL.N0000) Wed Nov 18, 2020 10:39 am

kalyana1234


Equity Analytic
Equity Analytic
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 

judecroos likes this post

250ACCESS ENGINEERING PLC (AEL.N0000) - Page 11 Empty Re: ACCESS ENGINEERING PLC (AEL.N0000) Wed Nov 18, 2020 10:40 am

geesura

geesura
Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
@subash81 wrote:Do you think all these projects will come to AEL only as there are many other big companies
Do you think all the Agri projects will come to RAL? saw ur post saying RAL 6+

251ACCESS ENGINEERING PLC (AEL.N0000) - Page 11 Empty Re: ACCESS ENGINEERING PLC (AEL.N0000) Wed Nov 18, 2020 10:40 am

judecroos


Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics
@subash81 wrote:Do you think all these projects will come to AEL only as there are many other big companies
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.

geesura likes this post

252ACCESS ENGINEERING PLC (AEL.N0000) - Page 11 Empty Re: ACCESS ENGINEERING PLC (AEL.N0000) Wed Nov 18, 2020 10:42 am

judecroos


Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics
@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 
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. Smile Smile Smile

253ACCESS ENGINEERING PLC (AEL.N0000) - Page 11 Empty Re: ACCESS ENGINEERING PLC (AEL.N0000) Wed Nov 18, 2020 10:43 am

DamithAsian


Manager - Equity Analytics
Manager - Equity Analytics
@judecroos wrote:
@subash81 wrote:Do you think all these projects will come to AEL only as there are many other big companies
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.
AEL has good communication with policymaking authority??

judecroos likes this post

254ACCESS ENGINEERING PLC (AEL.N0000) - Page 11 Empty Re: ACCESS ENGINEERING PLC (AEL.N0000) Wed Nov 18, 2020 10:44 am

geesura

geesura
Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
@judecroos wrote:
@subash81 wrote:Do you think all these projects will come to AEL only as there are many other big companies
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.
I 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 and DamithAsian like this post

255ACCESS ENGINEERING PLC (AEL.N0000) - Page 11 Empty Re: ACCESS ENGINEERING PLC (AEL.N0000) Wed Nov 18, 2020 10:44 am

samaritan


Moderator
Moderator
@subash81 wrote:Do you think all these projects will come to AEL only as there are many other big companies
Certain projects requires specialization which is the strength of AEL. Furthermore, they are poised to secure substantial proportion of other projects as well.

The Chairman of a private construction company (highest graded contractor for dredging & reclamation works and was also involved in Colombo Katunayake expressway  project) is the fifth largest shareholder of AEL. Food for thought!


_________________




The biggest risk in life is not taking any risk at all.

judecroos and subash81 like this post

256ACCESS ENGINEERING PLC (AEL.N0000) - Page 11 Empty Re: ACCESS ENGINEERING PLC (AEL.N0000) Wed Nov 18, 2020 10:47 am

MarketWch

MarketWch
Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
I also think AEL will be beyond 35+

Gov giving VAT exceptions for apartment sales is massive positive point for AEL....

257ACCESS ENGINEERING PLC (AEL.N0000) - Page 11 Empty Re: ACCESS ENGINEERING PLC (AEL.N0000) Wed Nov 18, 2020 10:48 am

DamithAsian


Manager - Equity Analytics
Manager - Equity Analytics
@geesura wrote:
@judecroos wrote:
@subash81 wrote:Do you think all these projects will come to AEL only as there are many other big companies
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.
I 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
If this is so. Its the most important factor rather all charts and technical analysis  Very Happy

geesura likes this post

258ACCESS ENGINEERING PLC (AEL.N0000) - Page 11 Empty Re: ACCESS ENGINEERING PLC (AEL.N0000) Wed Nov 18, 2020 10:48 am

judecroos


Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics
@samaritan wrote:
@subash81 wrote:Do you think all these projects will come to AEL only as there are many other big companies
Certain projects requires specialization which is the strength of AEL. Furthermore, they are poised to secure substantial proportion of other projects as well.

The Chairman of a private construction company (highest graded contractor for dredging & reclamation works and was also involved in Colombo Katunayake expressway  project) is the fifth largest shareholder of AEL. Food for thought!
That's the reason I wanted to highlight to Subash81 in my reply post,
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.

samaritan and geesura like this post

259ACCESS ENGINEERING PLC (AEL.N0000) - Page 11 Empty Re: ACCESS ENGINEERING PLC (AEL.N0000) Wed Nov 18, 2020 10:52 am

subash81


Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics
Thanks all

judecroos and DamithAsian like this post

260ACCESS ENGINEERING PLC (AEL.N0000) - Page 11 Empty Re: ACCESS ENGINEERING PLC (AEL.N0000) Wed Nov 18, 2020 10:54 am

subash81


Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics
@geesura wrote:
@subash81 wrote:Do you think all these projects will come to AEL only as there are many other big companies
Do you think all the Agri projects will come to RAL? saw ur post saying RAL 6+

Just wait and see after few months

261ACCESS ENGINEERING PLC (AEL.N0000) - Page 11 Empty Re: ACCESS ENGINEERING PLC (AEL.N0000) Wed Nov 18, 2020 10:54 am

geesura

geesura
Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
@DamithAsian wrote:
@geesura wrote:
@judecroos wrote:
@subash81 wrote:Do you think all these projects will come to AEL only as there are many other big companies
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.
I 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
If this is so. Its the most important factor rather all charts and technical analysis  Very Happy
yeah!! that's my whole point

DamithAsian likes this post

262ACCESS ENGINEERING PLC (AEL.N0000) - Page 11 Empty Re: ACCESS ENGINEERING PLC (AEL.N0000) Wed Nov 18, 2020 10:57 am

judecroos


Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics
@subash81 wrote:Thanks all
Originally posted by SHARK.


ACCESS ENGINEERING PLC (AEL.N0000) - Page 11 Fetch?id=44083&d=1605675100

263ACCESS ENGINEERING PLC (AEL.N0000) - Page 11 Empty Re: ACCESS ENGINEERING PLC (AEL.N0000) Thu Nov 19, 2020 9:27 am

samaritan


Moderator
Moderator
Govt has clearly spelt out its focus on continuing infrastructure drive which includes LKR 1 Trillion for community water supply projects. AEL is a lead contractor specialized in this field with several successful projects completed to its credit.

https://www.accessengsl.com/projects/water-waste-water/


_________________




The biggest risk in life is not taking any risk at all.

264ACCESS ENGINEERING PLC (AEL.N0000) - Page 11 Empty Re: ACCESS ENGINEERING PLC (AEL.N0000) Mon Nov 23, 2020 8:07 am

Sanju121


Senior Equity Analytic
Senior Equity Analytic
[size=33]Access to invest in agri and livestock[/size]



Monday, 23 November 2020 03:47 -      - 130

[size=11]Facebook
TwitterMore9


[/size]

  • Chairman says investment done in national interest to boost local food security 
  • Livestock project likely to be done with foreign partnership 
  • Investment in Mahaweli land







ACCESS ENGINEERING PLC (AEL.N0000) - Page 11 Image_94156f96cb
Access Engineering Chairman Sumal Perera


 
[size]

Access Group will be expanding by investing in agriculture and livestock industries, Access Engineering Chairman Sumal Perera said last week as part of efforts to bolster Sri Lanka’s food security. 

Speaking at the Budget 2021 Forum, organised by Daily FT and the Colombo University MBA Alumni Association, Perera acknowledged that many countries were refocusing on food security, following vulnerabilities created by COVID-19 and that he, too, felt that it was an important endeavour. 

“Food security has become a national priority, and as responsible corporates, we must respond. We have already embarked on investing in some Mahaweli land, and we hope to invest in a livestock project with international investment. We may also consider a possible investment in fisheries,” he said at the event. 

Perera conceded there was less profit in agricultural and livestock sectors but insisted that he considered it a “national investment”, needed for Sri Lanka’s development.
[/size]

judecroos likes this post

265ACCESS ENGINEERING PLC (AEL.N0000) - Page 11 Empty Re: ACCESS ENGINEERING PLC (AEL.N0000) Mon Nov 23, 2020 2:33 pm

Value Pick


Manager - Equity Analytics
Manager - Equity Analytics
Will take long time to get the benefits

266ACCESS ENGINEERING PLC (AEL.N0000) - Page 11 Empty Re: ACCESS ENGINEERING PLC (AEL.N0000) Fri Nov 27, 2020 7:57 pm

geesura

geesura
Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
can't see any movement

267ACCESS ENGINEERING PLC (AEL.N0000) - Page 11 Empty Re: ACCESS ENGINEERING PLC (AEL.N0000) Sat Nov 28, 2020 8:55 am

engineer


Manager - Equity Analytics
Manager - Equity Analytics
This will run smoothly within a couple of months. Still heavy exchanging is happening among retailers.

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