The Investor Sentiment - Equity and investments forum for Sri Lankans

Join the forum, it's quick and easy

The Investor Sentiment - Equity and investments forum for Sri Lankans
The Investor Sentiment - Equity and investments forum for Sri Lankans
Would you like to react to this message? Create an account in a few clicks or log in to continue.
Please send an email to contact.lankaninvestor@gmail.com if you face any technical difficulties when posting
Search
Display results as :
Advanced Search
Latest topics
CSE NEWS+ 2022Thu May 26, 2022 5:40 pmruwan326
Will CSE close for long period?Mon Apr 18, 2022 11:52 amHUNTER
Margin Trading Facility Fri Feb 18, 2022 12:02 pmpjrngroup
Disclaimer


Information posted in this forum are entirely of the respective members' personal views. The views posted on this open online forum of contributors do not constitute a recommendation buy or sell. The site nor the connected parties will be responsible for the posts posted on the forum and will take best possible action to remove any unlawful or inappropriate posts.
All rights to articles of value authored by members posted on the forum belong to the respective authors. Re-using without the consent of the authors is prohibited. Due credit with links to original source should be given when quoting content from the forum.
This is an educational portal and not one that gives recommendations. Please obtain investment advises from a Registered Investment Advisor through a stock broker

Go down
avatar
CSE.SAS
Posts : 263
Join date : 2014-02-23

ACCESS ENGINEERING (AEL.N : LKR23.00)------Softlogic Equity Research Empty ACCESS ENGINEERING (AEL.N : LKR23.00)------Softlogic Equity Research

Sat Nov 07, 2015 12:17 pm
Message reputation : 100% (7 votes)
Click the below link to download the Report of ACCESS ENGINEERING (AEL.N : LKR23.00)------Softlogic Equity Research

[You must be registered and logged in to see this link.]
avatar
serene
Top contributor
Top contributor
Posts : 4850
Join date : 2014-02-26

ACCESS ENGINEERING (AEL.N : LKR23.00)------Softlogic Equity Research Empty Re: ACCESS ENGINEERING (AEL.N : LKR23.00)------Softlogic Equity Research

Sat Nov 07, 2015 9:26 pm
Message reputation : 100% (1 vote)
Thanks SaS
xmart
xmart
Top contributor
Top contributor
Posts : 732
Join date : 2015-01-17

ACCESS ENGINEERING (AEL.N : LKR23.00)------Softlogic Equity Research Empty Re: ACCESS ENGINEERING (AEL.N : LKR23.00)------Softlogic Equity Research

Wed Aug 10, 2016 10:27 pm
Message reputation : 100% (7 votes)
[You must be registered and logged in to see this image.]

Technical ground

AEL has formed a strong base at 20 and break the MT resistance line. CCI gave bullish signal on weekly chart. currently testing 24.5 fib resistance(23.6%). breaking above 24.50 would trigger the target 28 (38.2% fib) and stop loss 21.50.

fundamental ground

currently trading at fair value. but confirm news on resumption of port city would trigger AEL future potential. still they have secured few milestone project in their pipeline which can maintain its price level. but further appreciation purely based on future prospective.

furthermore, Access Tower II is being constructing adjacent to Access Tower I, both of them owned by Access realities (Pvt) ltd which is fully owned subsidiary of Access Engineering.

Revenue, GP & EPS

[You must be registered and logged in to see this image.]

24% revenue growth over last 5 years despite unfavorable condition for construction industry in 2015, 2016.
2012-2014 earning growth is 28% but taking median (both good and bad), earning growth stand around 5% for 2012-2016.

[You must be registered and logged in to see this image.]

they have maintained ROE above 15% and GPM above 20% even in bad times.

special note: this is just for educational purposes. AEL has 1 billion shares and market capitalization around 24 billions. this is not a runner! i have pointed out possible scenarios with future prospective, but i may be terribly wrong. forming technical formation is interesting. just that!
CK
CK
Active Member
Active Member
Posts : 1393
Join date : 2015-11-01

ACCESS ENGINEERING (AEL.N : LKR23.00)------Softlogic Equity Research Empty Re: ACCESS ENGINEERING (AEL.N : LKR23.00)------Softlogic Equity Research

Thu Aug 11, 2016 5:12 am
Message reputation : 100% (1 vote)
Thanks x. As you rightly say 1 billion shares.  Man that is huge. That's why this is very reluctant to run. Dial and rich are other examples ...they also reluctant to run due to high no. of shares.
avatar
lanka
Posts : 624
Join date : 2014-11-26

ACCESS ENGINEERING (AEL.N : LKR23.00)------Softlogic Equity Research Empty Re: ACCESS ENGINEERING (AEL.N : LKR23.00)------Softlogic Equity Research

Thu Aug 11, 2016 10:13 am
Message reputation : 100% (1 vote)
Thanks,dear xmart
smallville
smallville
Top contributor
Top contributor
Posts : 1872
Join date : 2014-02-23
Location : Trying to figure out..

ACCESS ENGINEERING (AEL.N : LKR23.00)------Softlogic Equity Research Empty Re: ACCESS ENGINEERING (AEL.N : LKR23.00)------Softlogic Equity Research

Mon Aug 15, 2016 8:38 am
Message reputation : 100% (2 votes)
Got in at 22.40 after seeing a base being formed at 22 and got my self out at 24.

Recent historic daily RSI has not gone above 76. Once it passed 75 both times (since May) it came down. So I wont be surprised to see another base being built ard 24 (new support).
Now RSI again 68 so have to be vigilant on movements above 24.50.

Good thing is this has broken its long term resistance 24, retested it and awaiting a direction. To shed some RSI pressure, it wold be ideal to build a base ard 24 before another run.

_________________
I take risks as a Trader and I select stocks based on Tech and daily Cash in/out. Therefore, my methods may not suit u.. so DYO analysis before making any decisions.
xmart
xmart
Top contributor
Top contributor
Posts : 732
Join date : 2015-01-17

ACCESS ENGINEERING (AEL.N : LKR23.00)------Softlogic Equity Research Empty Re: ACCESS ENGINEERING (AEL.N : LKR23.00)------Softlogic Equity Research

Mon Aug 15, 2016 3:21 pm
Message reputation : 100% (3 votes)
RSI overbought condition is sometimes a bullish signal, not a reversal. today over 1M shares traded above 24.50. anyway, now it is best to be vigilant. 22-23 was a good buy. if anyone interested it is better to wait for a pullback. it might be 24-24.50.
xmart
xmart
Top contributor
Top contributor
Posts : 732
Join date : 2015-01-17

ACCESS ENGINEERING (AEL.N : LKR23.00)------Softlogic Equity Research Empty Re: ACCESS ENGINEERING (AEL.N : LKR23.00)------Softlogic Equity Research

Mon Sep 12, 2016 7:44 pm
Message reputation : 100% (2 votes)
since i discussed this share, i think i ought to brief current developments.

AEL rejected at 27 after 20% appreciation. stock still at the bull trend with a correction taking a place. 24.5 (50% fib) to 25 (38.2% fib) would give it a support. breaking of 27-28 range is difficult but breaking of above range would trigger to test next resistance of 32.

as i said earlier, stock is fairly valued on fundamentally. further appreciation is purely back by technical and future potential.

disc: holding
xmart
xmart
Top contributor
Top contributor
Posts : 732
Join date : 2015-01-17

ACCESS ENGINEERING (AEL.N : LKR23.00)------Softlogic Equity Research Empty Re: ACCESS ENGINEERING (AEL.N : LKR23.00)------Softlogic Equity Research

Wed Sep 28, 2016 10:30 am
Message reputation : 100% (1 vote)
short term and safety oriented traders may book the profit at 27-28 level. if things goes well, we can see the target of 32, but that target is given with expected bull run. (we never know what political, environmental and economic surprises wait for us in next few months)

good luck! profit is always good.
pathfinder
pathfinder
Top contributor
Top contributor
Posts : 1450
Join date : 2014-02-23

ACCESS ENGINEERING (AEL.N : LKR23.00)------Softlogic Equity Research Empty Re: ACCESS ENGINEERING (AEL.N : LKR23.00)------Softlogic Equity Research

Wed Sep 28, 2016 6:31 pm
Message reputation : 100% (1 vote)
Technically it can move more as I think.
xmart
xmart
Top contributor
Top contributor
Posts : 732
Join date : 2015-01-17

ACCESS ENGINEERING (AEL.N : LKR23.00)------Softlogic Equity Research Empty Re: ACCESS ENGINEERING (AEL.N : LKR23.00)------Softlogic Equity Research

Wed Sep 28, 2016 9:51 pm
yes path+

if AEL break 28 (38.3%) resistance, then we can easily expect 30+ figure. since buy signal was given at 22 and, i have posted about this on 24 level, i feel obligated to write since initial target is about to touch.

cheer!
smallville
smallville
Top contributor
Top contributor
Posts : 1872
Join date : 2014-02-23
Location : Trying to figure out..

ACCESS ENGINEERING (AEL.N : LKR23.00)------Softlogic Equity Research Empty Re: ACCESS ENGINEERING (AEL.N : LKR23.00)------Softlogic Equity Research

Fri Dec 02, 2016 8:24 am
So since August from 24.50 levels AEL has reached 27.20 and come down to 24 again.
AEL's base building at 24 level has again completed. Channel was violated to perform the task, yet it was worth to have a look at 24-24.50 levels again.

Strong ASI uptrend is the key to breaking next resistance levels 26 and 28.

We must also keep in mind that December was considered to be a dull month all these years. Lets hope for a change. But if ASI up not more than 6450, breaking 28 would be a problem imo..

[You must be registered and logged in to see this image.]


_________________
I take risks as a Trader and I select stocks based on Tech and daily Cash in/out. Therefore, my methods may not suit u.. so DYO analysis before making any decisions.
The Invisible
The Invisible
Posts : 3116
Join date : 2016-11-28
Age : 42

ACCESS ENGINEERING (AEL.N : LKR23.00)------Softlogic Equity Research Empty Re: ACCESS ENGINEERING (AEL.N : LKR23.00)------Softlogic Equity Research

Fri Dec 02, 2016 9:14 am
smallville wrote:So since August from 24.50 levels AEL has reached 27.20 and come down to 24 again.
AEL's base building at 24 level has again completed. Channel was violated to perform the task, yet it was worth to have a look at 24-24.50 levels again.

Strong ASI uptrend is the key to breaking next resistance levels 26 and 28.

We must also keep in mind that December was considered to be a dull month all these years. Lets hope for a change. But if ASI up not more than 6450, breaking 28 would be a problem imo..

[You must be registered and logged in to see this image.]


ASPI breaking 6450 is a tough think given the incidents line up from Jan onwards. But ASI reaching there in December is a high possibility.

Thanks
Back to top
Permissions in this forum:
You cannot reply to topics in this forum