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ACCESS ENGINEERING PLC (AEL.N0000)

+56
Kaptivajkss
C.THARANGA
Equity Win
engineer
Value Pick
MarketWch
subash81
DamithAsian
IDK
spindain
geesura
arun.cse
samaritan
Vishwanarth
RJ1010
kalyana1234
ErangaDS
KavinduTM
Warren samarawickrama
thananjey
lakymahesh
suku502
Pradeep90
heroxhere
High-flyer
SANJAYANM
Zahara khan
svkiruba8@gmail.com
Champ888
kumarweerarathne
nathanfornash
Equityinvestor
lal62
Manisha De Alwis
Eugine Fernando
gayan1987
anges
vikey
Sanju121
judecroos
Soilconomy
gosrilanka
ONTHEMONEY
Eng Krishantha
chathura123
Mithooshan
xhunter
Thushara Ayya
Jay-Jay
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Win Win
SUSPENS
Kipling
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60 posters

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26ACCESS ENGINEERING PLC (AEL.N0000) - Page 2 Empty Re: ACCESS ENGINEERING PLC (AEL.N0000) Fri Aug 21, 2020 6:40 pm

SUSPENS


Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics

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 ....

Thushara Ayya likes this post

27ACCESS ENGINEERING PLC (AEL.N0000) - Page 2 Empty Re: ACCESS ENGINEERING PLC (AEL.N0000) Sun Aug 23, 2020 4:18 pm

Mithooshan


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

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

28ACCESS ENGINEERING PLC (AEL.N0000) - Page 2 Empty Re: ACCESS ENGINEERING PLC (AEL.N0000) Sun Aug 23, 2020 5:43 pm

chathura123


Manager - Equity Analytics
Manager - Equity Analytics

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

Kipling likes this post

29ACCESS ENGINEERING PLC (AEL.N0000) - Page 2 Empty Re: ACCESS ENGINEERING PLC (AEL.N0000) Sun Aug 23, 2020 6:23 pm

Eng Krishantha


Expert
Expert

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. 
Very Happy Very Happy Very Happy

Mithooshan likes this post

30ACCESS ENGINEERING PLC (AEL.N0000) - Page 2 Empty Re: ACCESS ENGINEERING PLC (AEL.N0000) Sun Aug 23, 2020 6:26 pm

Mithooshan


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

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.

Eng Krishantha and Kipling like this post

31ACCESS ENGINEERING PLC (AEL.N0000) - Page 2 Empty Re: ACCESS ENGINEERING PLC (AEL.N0000) Sun Aug 23, 2020 7:38 pm

Mithooshan


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

Hi All,

Just now had a conversation with an employee who works at Access (A good and trust worthy friend) and got to know below,

1. It seems after 2013 it is only now the company is running at full capacity.

2. Will not disclose any financials but you will see the performance of this quarter in a month’s time. Come back and let me know it i was wrong after publishing quarter 2 Financials.

Further, Sathosa Motors is a part of Access and they are the ones who handle Land Rovers. A Vehicle was gifted to the most powerful political leader in the country (know people know). With this i am sure there is political backing for this share.

@Chathura - You motivated me to get the right details from right people to get clarity on what i have invested on , so thank you.

Now i can say to my fellow members that unless for a manipulation this share will reach RS.30 in coming week/weeks and move towards 35 in coming months. 🙌🏾🙂

Kipling likes this post

32ACCESS ENGINEERING PLC (AEL.N0000) - Page 2 Empty Re: ACCESS ENGINEERING PLC (AEL.N0000) Sun Aug 23, 2020 7:44 pm

SUSPENS

SUSPENS
Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics

True machan... It will go pass 29-30 in very shorter period.

No doubt this will reach to overall high like CFAV

Mithooshan likes this post

33ACCESS ENGINEERING PLC (AEL.N0000) - Page 2 Empty Re: ACCESS ENGINEERING PLC (AEL.N0000) Sun Aug 23, 2020 10:34 pm

ONTHEMONEY


Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics

Hi all,

#AEL is a stock one should collect and hold specially with Pohottuwa government in power. 100,000 km construction work is planned by the government fueling the cash cycle and reroute economic revival through fiscal spending which is the only way to pull out private investments as well.

Hence, I have high hope on AEL as they will be a highly benefited candidate to get most of the construction work.

Thank you 

Good Luck

Kipling and Mithooshan like this post

34ACCESS ENGINEERING PLC (AEL.N0000) - Page 2 Empty Re: ACCESS ENGINEERING PLC (AEL.N0000) Wed Aug 26, 2020 12:31 pm

Truth Seeker


Stock Analytic
Stock Analytic

Seems like AEL picking up the momentum. cheers

vikey and Zahara khan like this post

35ACCESS ENGINEERING PLC (AEL.N0000) - Page 2 Empty Re: ACCESS ENGINEERING PLC (AEL.N0000) Wed Aug 26, 2020 3:49 pm

Jay-Jay

Jay-Jay
Manager - Equity Analytics
Manager - Equity Analytics

NDB wealth again bought a chunk from a foreign party , today .


Its " no selling " situation in the AEL counter. 

now the conditions are very favorable to reach the  "all time high" .


.

Truth Seeker likes this post

36ACCESS ENGINEERING PLC (AEL.N0000) - Page 2 Empty Re: ACCESS ENGINEERING PLC (AEL.N0000) Wed Aug 26, 2020 3:51 pm

Kipling


Expert
Expert

JJ
Any news on Cflb & colo.

Truth Seeker likes this post

37ACCESS ENGINEERING PLC (AEL.N0000) - Page 2 Empty Re: ACCESS ENGINEERING PLC (AEL.N0000) Wed Aug 26, 2020 5:51 pm

SUSPENS

SUSPENS
Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics

Jay-Jay wrote:NDB wealth again bought a chunk from a foreign party , today .


Its " no selling " situation in the AEL counter. 

now the conditions are very favorable to reach the  "all time high" .


.
I told this few days ago....()

NDB wealth looking more than What they have now....
Most probably they will buy another 2 - 3 Mn
Before Friday....

Truth Seeker likes this post

38ACCESS ENGINEERING PLC (AEL.N0000) - Page 2 Empty Re: ACCESS ENGINEERING PLC (AEL.N0000) Thu Aug 27, 2020 9:29 am

Win Win


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

SUSPENS wrote:
Jay-Jay wrote:NDB wealth again bought a chunk from a foreign party , today .


Its " no selling " situation in the AEL counter. 

now the conditions are very favorable to reach the  "all time high" .


.
I told this few days ago....()

NDB wealth looking more than What they have now....
Most probably they will buy another 2 - 3 Mn
Before Friday....
Collect at Rs.22 or below ..

39ACCESS ENGINEERING PLC (AEL.N0000) - Page 2 Empty Re: ACCESS ENGINEERING PLC (AEL.N0000) Thu Aug 27, 2020 6:07 pm

gosrilanka


Equity Analytic
Equity Analytic

Government cabinet approval granted for new 03 flyover bridges. Based on the connections AEL definitely have a better opportunity to grab this. Any news ?????

40ACCESS ENGINEERING PLC (AEL.N0000) - Page 2 Empty Re: ACCESS ENGINEERING PLC (AEL.N0000) Thu Aug 27, 2020 6:12 pm

SUSPENS

SUSPENS
Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics

gosrilanka wrote:Government cabinet approval granted for new 03 flyover bridges. Based on the connections AEL definitely have a better opportunity to grab this. Any news ?????
 Call for bids ....
Not finalized...when the bid is win and news publish on media,AEL Will touch 40s:cheers:

Kipling, gosrilanka and judecroos like this post

41ACCESS ENGINEERING PLC (AEL.N0000) - Page 2 Empty Re: ACCESS ENGINEERING PLC (AEL.N0000) Thu Aug 27, 2020 9:23 pm

samaritan


Moderator
Moderator

SUSPENS wrote:
gosrilanka wrote:Government cabinet approval granted for new 03 flyover bridges. Based on the connections AEL definitely have a better opportunity to grab this. Any news ?????
 Call for bids ....
Not finalized...when the bid is win and news publish on media,AEL Will touch 40s:cheers:
For your information AEL is a pioneering company in flyover construction in Sri lanka having successfully completed three projects in order to ease heavy traffic congestion without any defects or complains after the construction work was carried out. Furthermore, the projects were carried out under the previous govt.

So, they are pre-qualified to handle this project using advanced techniques backed by vast experience and they can secure the work on competitive bidding on merit alone.  They can rely on their ability, technical know-how & competitiveness and not on any other factors.

42ACCESS ENGINEERING PLC (AEL.N0000) - Page 2 Empty Re: ACCESS ENGINEERING PLC (AEL.N0000) Thu Aug 27, 2020 10:05 pm

SUSPENS

SUSPENS
Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics

samaritan wrote:
SUSPENS wrote:
gosrilanka wrote:Government cabinet approval granted for new 03 flyover bridges. Based on the connections AEL definitely have a better opportunity to grab this. Any news ?????
 Call for bids ....
Not finalized...when the bid is win and news publish on media,AEL Will touch 40s:cheers:
For your information AEL is a pioneering company in flyover construction in Sri lanka having successfully completed three projects in order to ease heavy traffic congestion without any defects or complains after the construction work was carried out. Furthermore, the projects were carried out under the previous govt.

So, they are pre-qualified to handle this project using advanced techniques backed by vast experience and they can secure the work on competitive bidding on merit alone.  They can rely on their ability, technical know-how & competitiveness and not on any other factors.
So , that mean we can see some 30 ,40 S ...isn't it ???    I entered this count at 16.50 still I'm doing good with 6 digit profit

lal62 and judecroos like this post

Soilconomy


Senior Equity Analytic
Senior Equity Analytic

[size=33]NDB Wealth buys more into Access Engineering; foreign investor Tundra exits[/size]


NDB Wealth has stepped up buying into Access Engineering PLC on behalf of its clients on value, given the optimistic outlook for the construction and infrastructure sector under the new Government. 

On Wednesday SEB AB-Tundra Sustainable Frontier Fund exited Access Engineering selling 18.3 million shares (1.8% stake) and the buyer for Rs. 394 million was NDB Wealth.  AEL closed on Wednesday at Rs. 22.10, up by 1.8%. Tundra was the 13th largest shareholder. Last week NDB Wealth bought the stake of AEL Founder Director Ranjan Gomez as well. Gomez sold his remaining 24.6 million shares mostly at Rs. 21.50 each. 

Analysts said that with the Cabinet this week approving accelerated development of highways and flyovers as well as incoming infrastructure projects on water distribution – a strong point of AEL, prospects look positive for companies in the sector. The anticipated approval of Vote on Account today in Parliament will ensure cashflow to construction activities and contracts. 

“The medium to long-term outlook for the construction and infrastructure sector looks very promising and augurs well to kick start a faster recovery in the economy impacted by slowdown last year and COVID-19 pandemic this year,” analyst opined. 

Soilconomy


Senior Equity Analytic
Senior Equity Analytic

Access Engineering PLC (AEL), the foremost civil engineering enterprise in Sri Lanka, has secured the 19th position for transparency in corporate reporting among the top 50 listed companies in Sri Lanka.
The first-ever assessment of transparency in corporate reporting was launched by Transparency International Sri Lanka (TISL) by analysing companies reporting practices through publicly available information.
Three different thematic areas related to corporate reporting were taken into consideration: the anti-corruption mitigation procedures, transparency in reporting on organisational structure, and the key financial data disclosed on national and transnational operations. The interpretation was conducted for the top 50 listed companies on Colombo Stock Exchange based on the market capitalisation ranking as at 28 February 2019.
The ranking received by AEL validates the effective disclosure of anti-corruption and transparency measures taken, which in turn drives AEL towards achieving greater excellence in good corporate governance and mitigating the risk of corruption. AEL ensures necessary measures and precautions are taken to mitigate any negative impacts that would arise from its operations towards the society and environment.
As a result, AEL was consecutively appraised as one of the 10 best corporate citizens in the country by the Ceylon Chamber of Commerce over the past successive years emphasising the authentic efforts of AEL as one of Sri Lanka’s premier engineering entities.
With increasing emphasis being placed on transparency in operations, good governance, sustainability and social responsibility; AEL provides a holistic view of the value creation process which outlines the short and long-term strategies, governance, performance, and the company’s efforts taken towards creating tomorrow’s heritage through value engineering procedures.

45ACCESS ENGINEERING PLC (AEL.N0000) - Page 2 Empty Re: ACCESS ENGINEERING PLC (AEL.N0000) Fri Aug 28, 2020 6:33 am

Mithooshan


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

http://bizenglish.adaderana.lk/access-engineering-awarded-rs-6bn-contract-for-1000-housing-units-at-stadiumgama/

Attached is an old link of March 2020. Pre-Covid. Does anyone know whether this was an approved Project ?

Soilconomy


Senior Equity Analytic
Senior Equity Analytic

One of the leading construction companies in the country, Access Engineering PLC kept faith in Eicher tippers to carry out the construction work in Central Highway project. They bought a fleet of Eicher 50.16T, Euro 4 latest tipper truck with many advanced technical features. Eicher 50.16T comes with 192hp, Euro 4 emission norm compatible, common rail engine which is the highest in the class. It also comes with many advanced features like M-booster, Fuel coaching, Cruise control etc to provide the best in class fuel efficiency, minimum fatigue to the driver while guiding him to run the vehicle at optimum efficiency and easy monitoring of the performance by the fleet managers & owners.
 In the picture are Mr Srimal Fernando (Senior GM), Mr Kushan Jayasuriya (Workshop Manager), Mr Chaminda Navarathna (Purchasing Manager) of Access Engineering PLC taking over the fleet of trucks from officials of Senok Commercial Vehicles (Pvt) Ltd  & VECV Lanka Pvt Ltd.

ACCESS ENGINEERING PLC (AEL.N0000) - Page 2 Banner
ACCESS ENGINEERING PLC (AEL.N0000) - Page 2 1

47ACCESS ENGINEERING PLC (AEL.N0000) - Page 2 Empty (AEL)Access Engineering New Projects(AEL) Fri Aug 28, 2020 7:04 am

Soilconomy


Senior Equity Analytic
Senior Equity Analytic

Disclaimer- Some of the recent projects by Access Engineering.This is not a Buy /Sell Recommendation Just collection of information.New projects not yet stated.  Source-Access website


ACCESS ENGINEERING PLC (AEL.N0000) - Page 2 Logo





REHABILITATION /IMPROVEMENT AND MAINTENANCE OF RURAL ROADS IN GAMPAHA DISTRICT IN THE WESTERN PROVINCE-  Project Value : Rs. 7,524.86 Million



NITTAMBUWA PASYALA ROAD PROJECT- Project Value Rs. 2098.43 Million



[h3]CONSTRUCTION OF CENTRAL EXPRESSWAY PROJECT - Project Value Rs. 9,377,722,997

REHABILITATION & IMPROVEMENTS TO COLOMBO – KANDY ROAD SECTION FROM KADAWATHA TO NITTAMBUWA - Project Value Rs. 6,956.0 Million

T-MALL FLYOVER PROJECT - KENYA Project Value Euro 8 Million

6 ANURADHAPURA NORTH WATER SUPPLY PROJECT – PHASE 01 -Project Value Rs. 3,650 Million

DEDURUOYA WATER SUPPLY PROJECT - CONTRACT 1 & 2 - Project Value Rs. 2,262 Million

8 DESIGN AND CONSTRUCTION OF 1000 HOUSING UNITS AT STADIUMGAMA- Project Value Rs. 5.95 BILLION

9 DESIGN,CONSTRUCTION & FINANCING OF HOUSING PROJECT AT BLOEMENDHAL Project Value  Rs. 2,737,350,000

10 PROPOSED RESEARCH CENTER FOR SLTC AT PADUKKA - Project Value: Rs. 288.26 Million



11 CONSTRUCTION OF PHASE 1B (MAIN LABORATORY EXPANSION, ACCOMMODATION BUILDING EXPANSION  Project Value Rs. 3,088 Million

12 PROPOSED HOSTAL BUILDING FOR SLTC AT PADUKKA. Project Value  Rs. 486,186,843.50

13 URBAN REGENERATION PROJECT - CITY OF COLOMBO  Project Value Rs. 4,499.2 Million

14 CONSTRUCTION OF 100MW SEMI DISPATCHABLE WIND FARM IN MANNAR ISLAND – CIVIL WORKS Project Value Rs. 4158000000 + USD 1560000

15 SRI LANKA TELECOM – OSP CONSTRUCTION PROJECT Project Value  Unit Rate Contract

16 CEB piling project Project Value Rs. 620 Million

17 CONSTRUCTION OF MAIN BUILDING - PHASE 01 - CONSTRUCTION OF PILE FOUNDATION - DISTRICT HOSPITAL BERUWALA  Project Value Rs. 355.05 Million 

18 PILING WORKS FOR MARITIME FACILITATION CENTER FOR SRI LANKA PORTS AUTHORITY
 Project Value Rs. 623.8 Million

19 PILING WORKS FOR PROPOSED RENOVATION FOR JAGUAR LAND ROVER WORKSHOP AT BORALESGAMUWA Project Value  Rs. 11.657 M

20 EXCAVATION & SHORING WORKS FOR PROPOSED MIXED DEVELOPMENT MARINA SQUARE
Project Value Rs. 215,000,000

21 BORED CAST IN-SITU REINFORCED CONCRETE PILING WORKS FOR PROPOSED PUMPING STATION (STAGE II) AT OLIYAMULLA, PELIYAGODA Project Value  Rs. 72.2 M
 

[/h3]

48ACCESS ENGINEERING PLC (AEL.N0000) - Page 2 Empty Re: ACCESS ENGINEERING PLC (AEL.N0000) Fri Aug 28, 2020 7:16 am

SUSPENS

SUSPENS
Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics

Seems share value goes above 50....👏👏👏

judecroos likes this post

49ACCESS ENGINEERING PLC (AEL.N0000) - Page 2 Empty Re: ACCESS ENGINEERING PLC (AEL.N0000) Fri Aug 28, 2020 7:27 am

Mithooshan


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

Just checked the website to verify 🙈
https://www.accessengsl.com/projects/
( I didn’t go through above projects mentioned with project values but they have indicated in the website ongoing project details)

P:S - This is not a buy or sell recommendation.
The share price appreciated from 18 to 22 already but the prediction is based on future cash flows, prospects and government support observed before 2015. Do your own risk assessment before buying ! 😊

Win Win likes this post

50ACCESS ENGINEERING PLC (AEL.N0000) - Page 2 Empty Re: ACCESS ENGINEERING PLC (AEL.N0000) Fri Aug 28, 2020 7:38 am

Win Win


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

Mithooshan wrote:Just checked the website to verify 🙈
https://www.accessengsl.com/projects/
( I didn’t go through above projects mentioned with project values but they have indicated in the website ongoing project details)

P:S - This is not a buy or sell recommendation.
The share price appreciated from 18 to 22 already but the prediction is based on future cash flows, prospects and government support observed before 2015. Do your own risk assessment before buying ! 😊
Need to add Slave island flyover from yesterday Very Happy Very Happy

Mithooshan and judecroos like this post

51ACCESS ENGINEERING PLC (AEL.N0000) - Page 2 Empty how you guess ?? any trustworthy sources ? Fri Aug 28, 2020 8:48 am

judecroos


Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics

SUSPENS wrote:Seems share value goes above 50....👏👏👏

52ACCESS ENGINEERING PLC (AEL.N0000) - Page 2 Empty Re: ACCESS ENGINEERING PLC (AEL.N0000) Fri Aug 28, 2020 9:03 am

samaritan


Moderator
Moderator

judecroos wrote:
SUSPENS wrote:Seems share value goes above 50....:clap::clap::clap:
Certainly it has the potential. Govt's decision to build the flyovers is just the beginning to be followed by several mega infrastructure projects. Prospects of an unprecedented construction boom in the country is on the way.

53ACCESS ENGINEERING PLC (AEL.N0000) - Page 2 Empty Re: ACCESS ENGINEERING PLC (AEL.N0000) Fri Aug 28, 2020 9:38 am

Sanju121


Senior Equity Analytic
Senior Equity Analytic

Soilconomy wrote:

Disclaimer- Some of the recent projects by Access Engineering.This is not a Buy /Sell Recommendation Just collection of information.New projects not yet stated.  Source-Access website




ACCESS ENGINEERING PLC (AEL.N0000) - Page 2 Logo





REHABILITATION /IMPROVEMENT AND MAINTENANCE OF RURAL ROADS IN GAMPAHA DISTRICT IN THE WESTERN PROVINCE-  Project Value : Rs. 7,524.86 Million


NITTAMBUWA PASYALA ROAD PROJECT- Project Value Rs. 2098.43 Million


CONSTRUCTION OF CENTRAL EXPRESSWAY PROJECT - Project Value Rs. 9,377,722,997



REHABILITATION & IMPROVEMENTS TO COLOMBO – KANDY ROAD SECTION FROM KADAWATHA TO NITTAMBUWA - Project Value Rs. 6,956.0 Million



T-MALL FLYOVER PROJECT - KENYA Project Value Euro 8 Million



6 ANURADHAPURA NORTH WATER SUPPLY PROJECT – PHASE 01 -Project Value Rs. 3,650 Million



DEDURUOYA WATER SUPPLY PROJECT - CONTRACT 1 & 2 - Project Value Rs. 2,262 Million



8 DESIGN AND CONSTRUCTION OF 1000 HOUSING UNITS AT STADIUMGAMA- Project Value Rs. 5.95 BILLION



9 DESIGN,CONSTRUCTION & FINANCING OF HOUSING PROJECT AT BLOEMENDHAL Project Value  Rs. 2,737,350,000



10 PROPOSED RESEARCH CENTER FOR SLTC AT PADUKKA - Project Value: Rs. 288.26 Million





11 CONSTRUCTION OF PHASE 1B (MAIN LABORATORY EXPANSION, ACCOMMODATION BUILDING EXPANSION  Project Value Rs. 3,088 Million



12 PROPOSED HOSTAL BUILDING FOR SLTC AT PADUKKA. Project Value  Rs. 486,186,843.50



13 URBAN REGENERATION PROJECT - CITY OF COLOMBO  Project Value Rs. 4,499.2 Million



14 CONSTRUCTION OF 100MW SEMI DISPATCHABLE WIND FARM IN MANNAR ISLAND – CIVIL WORKS Project Value Rs. 4158000000 + USD 1560000



15 SRI LANKA TELECOM – OSP CONSTRUCTION PROJECT Project Value  Unit Rate Contract



16 CEB piling project Project Value Rs. 620 Million



17 CONSTRUCTION OF MAIN BUILDING - PHASE 01 - CONSTRUCTION OF PILE FOUNDATION - DISTRICT HOSPITAL BERUWALA  Project Value Rs. 355.05 Million 



18 PILING WORKS FOR MARITIME FACILITATION CENTER FOR SRI LANKA PORTS AUTHORITY
 Project Value Rs. 623.8 Million



19 PILING WORKS FOR PROPOSED RENOVATION FOR JAGUAR LAND ROVER WORKSHOP AT BORALESGAMUWA Project Value  Rs. 11.657 M



20 EXCAVATION & SHORING WORKS FOR PROPOSED MIXED DEVELOPMENT MARINA SQUARE
Project Value Rs. 215,000,000



21 BORED CAST IN-SITU REINFORCED CONCRETE PILING WORKS FOR PROPOSED PUMPING STATION (STAGE II) AT OLIYAMULLA, PELIYAGODA Project Value  Rs. 72.2 M
 


@Soilconomy 
You have missed the most important project which is the largest warehouse next to katunayaka airport


[size=32][ltr]Access Engineering to build warehouse on 41-acre land in Negombo[/ltr][/size]



[ltr]Access Engineering PLC announced today (2) that it has acquired 100% of the issued shares of W U S Logistics (Private) Limited for Rs. 925 million to construct a warehouse on W U S Logistics’ 41.5 acre land situated in Kimbulapitiya, Negombo.[/ltr]
[ltr]In a disclosure to the Colombo Stock Exchange (CSE) Access Engineering stated that the transaction took place on 30th September.[/ltr]
[ltr]W U S Logistics (Pvt) Ltd is a family-owned logistics and property company based in Colombo whose services include warehousing, transportation, fulfillment, customized logistics, international trade services and print media solutions.[/ltr]
[ltr]The Board of Investment (BOI) signed an agreement with W U S Logistics to set up a logistics city in Negombo.[/ltr]
[ltr]This city was to include warehousing facilities, cold room facilities, in-house value addition and multi country consolidation services, auditorium, business communication centre, exhibitions centre, logistic education centre and research & development facility.[/ltr]
[ltr]The committed investment by W.U.S Logistics (Pvt) Ltd was Rs 8.9 billion (US $49.8 million).[/ltr]

Berryfund, Mithooshan and judecroos like this post

54ACCESS ENGINEERING PLC (AEL.N0000) - Page 2 Empty Re: ACCESS ENGINEERING PLC (AEL.N0000) Sat Aug 29, 2020 11:45 am

SUSPENS

SUSPENS
Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics

Best long term share right now...

Target price 60 -  31.12.2021

vikey likes this post

55ACCESS ENGINEERING PLC (AEL.N0000) - Page 2 Empty Re: ACCESS ENGINEERING PLC (AEL.N0000) Sat Aug 29, 2020 12:13 pm

vikey


Manager - Equity Analytics
Manager - Equity Analytics

What about MGT?

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