We could not find any results for:
Make sure your spelling is correct or try broadening your search.
Register for streaming realtime charts, analysis tools, and prices.
| Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
|---|---|---|---|---|---|
| Steppe Cement Ltd | LSE:STCM | London | Ordinary Share | MYA004433001 | ORD NPV |
| Price Change | % Change | Share Price | Shares Traded | Last Trade
|
|
|---|---|---|---|---|---|
| 0.00 | 0.00% | 19.00 | 0.00 | 08:00:00 |
| Bid Price | Offer Price | High Price | Low Price | Open Price | |
|---|---|---|---|---|---|
| 18.00 | 20.00 | 19.00 | 19.00 | 19.00 | |
| Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
|---|---|---|---|---|---|
| Cement, Hydraulic | USD 86.73M | USD 17.78M | USD 0.0812 | 2.34 | 41.61M |
| Last Trade Time | Trade Type | Trade Size | Trade Price | Currency |
|---|---|---|---|---|
| - | O | 0 | 19.00 | GBX |
| Date | Time | Source | Headline |
|---|---|---|---|
| 09/4/2024 | 09:42 | UK RNS | Steppe Cement Limited Director's Dealing |
| 05/4/2024 | 10:18 | ALNC |  Steppe Cement shares down after disappointing first quarter sales |
| 05/4/2024 | 07:01 | UK RNS | Steppe Cement Limited Proposed Return of Cash to Shareholders and EGM |
| 05/4/2024 | 07:00 | UK RNS | Steppe Cement Limited Trading update for the quarter ended 31 March 2024 |
| 12/1/2024 | 10:40 | ALNC | IN BRIEF: Steppe Cement annual revenue falls on lower sales and prices |
| 12/1/2024 | 10:15 | UKREG | Steppe Cement Limited Year End Trading Update |
| 13/12/2023 | 21:56 | ALNC | IN BRIEF: Steppe Cement to review ways to return funds to shareholders |
| 13/12/2023 | 09:15 | UKREG | Steppe Cement Limited Update re intention to pay a dividend |
| 28/11/2023 | 11:44 | UKREG | Steppe Cement Limited Director's Dealing |
| 23/11/2023 | 07:41 | UKREG | Steppe Cement Limited Director's Dealing |
Steppe Cement (STCM) Share Charts1 Year Steppe Cement Chart |
|
1 Month Steppe Cement Chart |
Intraday Steppe Cement Chart |
| Date | Time | Title | Posts |
|---|---|---|---|
| 10/4/2024 | 10:08 | Steppe Cement - Kazak Infrastruture Play | 6,094 |
| 25/11/2020 | 15:08 | anyone know anything about steppe cement ? | 11 |
| Trade Time | Trade Price | Trade Size | Trade Value | Trade Type |
|---|---|---|---|---|
| 2024-04-18 13:37:59 | 18.31 | 1,240 | 227.04 | O |
| 2024-04-18 12:21:36 | 18.10 | 28 | 5.07 | O |
| 2024-04-18 12:06:13 | 18.10 | 138 | 24.98 | O |
| 2024-04-18 09:17:07 | 18.36 | 8,656 | 1,589.24 | O |
| Top Posts |
|---|
Posted at 19/4/2024 09:20 by Steppe Cement Daily Update Steppe Cement Ltd is listed in the Cement, Hydraulic sector of the London Stock Exchange with ticker STCM. The last closing price for Steppe Cement was 19p.Steppe Cement currently has 219,000,000 shares in issue. The market capitalisation of Steppe Cement is £41,610,000. Steppe Cement has a price to earnings ratio (PE ratio) of 2.34. This morning STCM shares opened at 19p |
Posted at 09/4/2024 09:43 by lloydypool I'm not sure that the rebuilding of Ukraine will a) be a near term catalyst (as it seems set to drag on a while yet) and b) will directly be beneficial, as it is too far away.However, there may be a knock on impact of the end of the war, firstly if there is some sort of stability in the region and secondly as supplies going into Ukraine (from Russia if they win?) may mean less available to export to other areas, such as Kazakhstan. I suspect STCM may be in for a rough few years, but let's face it they are well set to get through it and the share price is around a 3rd of its previous highs. I don't think there is a lot of downside here and the biggest risk to investors is that the business is taken private as it doesn't seem they will need capital raises and there is a large proportion of the shares in few hands. |
Posted at 05/4/2024 12:49 by tigerbythetail My guess is that STCM have tipped their hand as to what to expect when the 2023 annual results come out in June - that is, another 1.5p pay-out via the same capital reduction process. (That's why we're only getting 1.5p now; they're saving the rest of the money for later).3p in total near-term pay-outs against a 17p share price is tempting. But I'd welcome management and board changes as well - i.e. sackings. Current management have trashed investor confidence over this delayed and reduced payment needlessly. |
Posted at 05/4/2024 09:55 by tigerbythetail Obviously both the trading update (although it's winter and the business is seasonal) and the pay-out announcement (what happened to the guided 2p to 3p?) are poor. In particular, the one-off nature of the capital reduction concerns me - what happens in the future?I do wonder if minority shareholders aren't being "softened up" for a low-ball buy-out from the majority shareholder. The right decision was to sell several months ago, but that's spilt milk. This is at a long-term low now - just take a look at the five year share price graph. And yet the underlying business is stable and rich in assets. So it's either a time to do nothing except collect the pay-out and wait, hoping for another pay-out in a few months' time and better trading in summer, or (for the brave) it's time to add. |
Posted at 05/4/2024 08:01 by fozzie All this time and this is the best they could up with? Share price decimated and now a derisory offer to boot. Very disappointing. |
Posted at 27/2/2024 13:29 by tigerbythetail Perhaps the company should think about a secondary listing for its stock in Kazakhstan?One thing is for sure, until the company sort out the payment of the 2022 dividend(!) the share price here is going nowhere. |
Posted at 12/2/2024 14:40 by 1knocker The real concern is that we have a dominant shareholder who is presumably calling the tune, and if taking the company private would suit his book, that is what will happen. The longer the 'tax impasse' (if that is what it truly is, or is the whole story) continues and the share price remains depressed or falls further , the greater the risk that we shall be taken out, at a very low price.That is too big a risk for me to contemplate a further purchase. I have been there before, though then it was with a couple of (pre-Ukraine) Russian companies. The Chinese have been known to do it too too (though happily I have not been caught by them). |
Posted at 11/2/2024 18:45 by riddlerone I am not convinced you are a shareholder here even though you seem to word your posts as if you are so excuse me for being suspiciousTigerByTheTail - 15 Jan 2024 - 13:01:57 - 5941 of 5994 Steppe Cement - Kazak Infrastruture Play - STCM My short term and medium term expectations for STCM in conflict here. Short term I can see why this might drop further - management hasn't given investors any good reason to hold onto these shares for now. The delay in the dividend payment makes management look incompetent. However, medium term this is a good solid business. And once management sort the corporate structure issue out there could be a "double dividend" paid out this year that might amount to around 25% of the current share price. Conclusion: I'm looking to buy. But not today. Not yet. |
Posted at 15/1/2024 13:01 by tigerbythetail My short term and medium term expectations for STCM in conflict here.Short term I can see why this might drop further - management hasn't given investors any good reason to hold onto these shares for now. The delay in the dividend payment makes management look incompetent. However, medium term this is a good solid business. And once management sort the corporate structure issue out there could be a "double dividend" paid out this year that might amount to around 25% of the current share price. Conclusion: I'm looking to buy. But not today. Not yet. |
Posted at 13/1/2024 12:10 by return_of_the_apeman I am not sure of the company structure of CAML, but they have operations in Kaz and have had no issues paying dividends to my knowledgeI guess it's not as simple to follow their model especially as the incorporated Malaysian entity may suit some shareholders, but it's easy to see why the reverse side of the coin is putting off other investors No doubt a better 2nd half which is very encouraging indeed, however a period of not being able to pass on costs to consumers to protect margins exposes risk with inflation still high in what previously was a steady and boring (in a good way)company Some might fear, perhaps unjustly, a low ball take out by insiders as value continues to accrue on the balance sheet, look no further than the despicable actions at SHG, this will present an opportunity to buy for others Until they sort the tax issues, there is no distributed income The share price will bottom just before the tax issues are sorted or it becomes to cheap for the market to resist, perhaps we are not there yet as the company does not know how to do this and tax advisers are usually paid by the hour The company is definitely in a better place following this rns but the share price has gone down which is confusing and unfair. The sell on news brigade has always existed, perhaps the low volume exaggerates their effect Perhaps the 18p support on the chart will offer the necessary support if it gets there gla |
Posted at 12/11/2022 10:12 by wanobi FWIW - here it is,Steppe Cement's (LON:STCM) five-year earnings growth trails the stellar shareholder returns - Simply Wall St - Published November 11, 2022 The most you can lose on any stock (assuming you don't use leverage) is 100% of your money. But on the bright side, if you buy shares in a high quality company at the right price, you can gain well over 100%. One great example is Steppe Cement Ltd. (LON:STCM) which saw its share price drive 120% higher over five years. It's also up 43% in about a month. The past week has proven to be lucrative for Steppe Cement investors, so let's see if fundamentals drove the company's five-year performance. Our analysis indicates that STCM is potentially undervalued! While the efficient markets hypothesis continues to be taught by some, it has been proven that markets are over-reactive dynamic systems, and investors are not always rational. One flawed but reasonable way to assess how sentiment around a company has changed is to compare the earnings per share (EPS) with the share price. Over half a decade, Steppe Cement managed to grow its earnings per share at 74% a year. The EPS growth is more impressive than the yearly share price gain of 17% over the same period. So one could conclude that the broader market has become more cautious towards the stock. This cautious sentiment is reflected in its (fairly low) P/E ratio of 5.45. You can see how EPS has changed over time in the image below (click on the chart to see the exact values). It's probably worth noting we've seen significant insider buying in the last quarter, which we consider a positive. On the other hand, we think the revenue and earnings trends are much more meaningful measures of the business. This free interactive report on Steppe Cement's earnings, revenue and cash flow is a great place to start, if you want to investigate the stock further. What About Dividends? As well as measuring the share price return, investors should also consider the total shareholder return (TSR). The TSR is a return calculation that accounts for the value of cash dividends (assuming that any dividend received was reinvested) and the calculated value of any discounted capital raisings and spin-offs. It's fair to say that the TSR gives a more complete picture for stocks that pay a dividend. As it happens, Steppe Cement's TSR for the last 5 years was 209%, which exceeds the share price return mentioned earlier. The dividends paid by the company have thusly boosted the total shareholder return. A Different Perspective It's good to see that Steppe Cement has rewarded shareholders with a total shareholder return of 14% in the last twelve months. That's including the dividend. However, that falls short of the 25% TSR per annum it has made for shareholders, each year, over five years. Potential buyers might understandably feel they've missed the opportunity, but it's always possible business is still firing on all cylinders. While it is well worth considering the different impacts that market conditions can have on the share price, there are other factors that are even more important. Take risks, for example - Steppe Cement has 1 warning sign we think you should be aware of. Cheers Wan :-) |
It looks like you are not logged in. Click the button below to log in and keep track of your recent history.
Support: +44 (0) 203 8794 460 | support@advfn.com
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions
Hot Features
Premium
