ACCESS ENGINEERING PLC (AEL.N0000)

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:

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.

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

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

2 NITTAMBUWA PASYALA ROAD PROJECT- Project Value Rs. 2098.43 Million



[h3]3 CONSTRUCTION OF CENTRAL EXPRESSWAY PROJECT - Project Value Rs. 9,377,722,997

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

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

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

7 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
 

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 !

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

judecroos wrote:

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

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

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

2 NITTAMBUWA PASYALA ROAD PROJECT- Project Value Rs. 2098.43 Million

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

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

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

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

7 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
 

Mithooshan wrote:If we observe the past few weeks, there is a lot of collection going for Access engineering at current market prices.
Quarterly F/S tor the three months ended on June did not reflect an accurate picture because no construction in April and limited opportunities in May with Covid.
It is only in and after June the production expanded and Everything fell in place.

I would say it is ideal to collect the shares before the next Quarterly F/S which would create hype among the retail investors. Still construction shares are in for the long game in 2021.

If you are going short term, HAYC and Dipped will be an excellent choice. With next results they will bloom. It all depends on what you want to do. Long term relationship or short term gain 🤭

Jay-Jay wrote:https://www.gossiplankanews.com/2020/09/4-flyovers-colombo.html


All contracts for above will come to AEL as ,  AEL is the only licensed company in Sri Lanka for FLY OVERS .