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STCM Steppe Cement Ltd

19.50
-2.00 (-9.30%)
28 Mar 2024 - Closed
Delayed by 15 minutes
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 Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -2.00 -9.30% 19.50 19.00 20.00 21.50 19.50 21.50 365,431 15:09:52
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Cement, Hydraulic 86.73M 17.78M 0.0812 2.40 42.71M
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 21.50p. Over the last year, Steppe Cement shares have traded in a share price range of 19.50p to 45.00p.

Steppe Cement currently has 219,000,000 shares in issue. The market capitalisation of Steppe Cement is £42.71 million. Steppe Cement has a price to earnings ratio (PE ratio) of 2.40.

Steppe Cement Share Discussion Threads

Showing 301 to 324 of 6025 messages
Chat Pages: Latest  13  12  11  10  9  8  7  6  5  4  3  2  Older
DateSubjectAuthorDiscuss
26/3/2014
17:56
Statements hitherto somewhat overlooked by me in the Q3 and Q4 2013 reports were the y-o-y fall in market share from 20% to 16% and the expectation of recovering to 17% in Q4,respectively: which proved to be the case. In addition was the statement of an expected recovery in STCM market share in 2014. Given the commissioning of Line 5, I now believe that the recent buying has been prompted by the belief that indeed a 20% market share is now seen as highly realistic target. Moreover, the gains could arise from being more cost effective than indiginous competitors and even more so against foreign imports. To that end, Q1 2014 market share figure, will be of significant interest.
azalea
26/3/2014
15:07
I see no chance whatsoever of Putin making what would be an enormous land grab in the form of Kazakhstan, Part of its border joins that of China, whom I doubt very much indeed would take kindly to such a move. Geographically, Kaz has no strategic importance, whereas the Crimea has a large Russian naval base sitting in a warm waters port lwith unfettered access to the Meditteranean Sea and the world beyond via the latter and the Suez Canal. Unlike Afghanistan, Kaz,is rich in energy resources with Russian spoken by the majority, presents no ethnic,cultural or politcal threat to Russia. It has a £1bn trade deal with the UK.
azalea
26/3/2014
10:32
Thank you, Flower!
eggbaconandbubble
26/3/2014
09:21
Mr Amzi Wan Hamzah is a Malaysian million/billionaire who through his company has contnued to build on its stake in STCM. In May last year his stake was 37m.

News that he has added a further 2.26m explains the large trades that have taken place these past few weeks and reinforces the view that he too must believe that STCM- now significantly modernised, 1.2m ton increase in capacity, cost effective and efficient,is under valued and on the cusp of making him some serious money in the coming years. His stake leaves him just 3.8% short of a mandatory bid. If we see any further large trades, it could indicate that other holders are anticipating him making such a move and/or are adding to their own stakes based on prospects.

azalea
26/3/2014
08:17
Can someone give me a quick share price on this Hamzah geezer, or refer me back to previous message. Would be much appreciated and thanks in advance.
HANDN!

eggbaconandbubble
25/3/2014
14:22
I would like to see a 100k buy @ 37p+ to convince me the 100k trade @ 36.63p, was in fact a sell.
azalea
25/3/2014
12:58
Thanks Azalea, Actually I think it is 879m USD so I underestimated the investment. Someone has just got 36.63 for 100k so the bid is on the up. I think if you factor in the new factory in the east plus the appreciation in the tenge and line 5, that as long as there are no production headwinds in the operation of Line 5 or the weather dampening demand it could easily go over 50p. The bid is now 38p so this is starting to ramp up.
mach100
25/3/2014
09:28
just did a dummy sell of 21k and to my notable surprise got a bid of 36.22p, which tells me the MM are keen to get stock to fill a significant order.
azalea
25/3/2014
07:50
Mach100
Good to see you and other buying in yesterday and adding more info to potentially wider influences on demand beyond the country's borders.

With potentially several influencing factors in play, for me, if not others, its difficult to sort the wheat from the chaff in determining what has caused the share price to reverse its downward movement.

I do not think the Crimean situation has any influence here, especially as the share price has moved up smartly despite a signed annexation. Possibly some PI got tired of waiting for news on the completion and commissioning of Line 5, which has now been achieved. Ignoring the very large trades these past weeks, the recent 'normal' PI sized trades appear to have a surprisingly positive influence on the share price Firebird increasing its stake suggests at least, it thought the share price was too low. However, there is nothing to explain/interpret the majority of the numerous large trades in recent weeks. That said, some could be new/existing holdings which remain below the declarable 3% level.

The government's US $700m investment in social housing could explain all of the above whereby STCM with its indiginous workforce, committment and huge investment in the country, makes it easiiy the No1 contender to capture a major share of the cement orders arising out of that project. In addition, the country's continuing development of its massive energy and mineral reserves and associated infrastruture should provide a heightened and prolonged demand for cement for years to come. The combination of increased capacity, greater efficiences and lower costs should enable STCM to also capture demand for cement currently met by imports. I see no reaso why the share price should not returns to the 48p level in H2 as a starting point for greater things.

azalea
24/3/2014
19:21
Being tracking these down to 33p but was put off by the russian situation in Crimea and follow on contagion. Although the situation in Crimea has worsened I feel sentiment has changed on this stock so I am in at 37p before it runs away. There has been fairky significant buying pressure which I hope continues and pushes through 40p. I think the market is huge in Kazakhstan alone. The government has just announced a 160 billion tenge ( just under 700m USD) programme of social housing so the share of building materials of domestic production will probably increase from 65% to 90 % on the local market. I also expect demand in China for cement to grow by 6 to 8% this year. But to comply with environmental targets Hebei province has been asked to cut its cement production capacity by 60Mt/yr by 2017. Jiangsu province is to cut its production capacity by 10Mt/yr and Jiangxi province must cut its capacity by 5Mt/yr. One company invested $5m in 2011 in a new system and is being shut with only $1.5m dollars compensation. Must be plenty of export opportunities for Steppes in the next few years if they become exporters. Last year's results were affected by the tenge's depreciation against the dollar which their profits are denominated in. The tenge has risen 20% from 152 to 182 per USD so even if they stood still profits would grow 20%. And the new factory isn East Kazakhstan has to be factored which did 150000t in the first half of last year but should do 800000t this year. I also expect pent up demand after the exceptionally cold weather of January and February. There should be an update on Q1 on 15th of April so we should be in for some good news I hope. Hopefully Ukraine and Russia will not escalate though.
mach100
24/3/2014
13:06
Impossible to make any sensible interpretation from these ongoing large trades, so I am just going to sit back and watch the MMs (who must know a lot more than me) continue to move the share price up, albeit with a long way to go.
azalea
24/3/2014
10:13
As yet,no rns on the large volume trades(post 295), nevertheless, as buyers are realising, the MM have lifted the offer 2p since last week.
azalea
21/3/2014
10:37
I suspect that with a continuation today of largish trades - two pairs of 130k @ 33p, that we will get an rns on Monday detailing further news on major holdings. With the end of Q1 on 31 March, the board should have a fair idea of how Line5 and overall production is progressng; which might explain the large trades and volumes far in excess of the 90 day average.

Edit: based on 2013, we could get a Q1 update on Monday 8/4.

azalea
20/3/2014
16:29
Odd, or what? 3k bought @ 33p, 2092 bought @ 34.9p.

Edit.Then timed at 16,30hrs, 15k bought @ 35p. 16:32hrs 10k @ 33p.

azalea
20/3/2014
12:02
Yet another batch of large trades.

Edit: and then some. Volume today, 13 times 90day average.

azalea
20/3/2014
07:38
News of Firebird's purchase of 1.66m shares (total 9,103,963 -4.16%), lends confidence in STCM prospects going forward. When announced Q1 2014 (Jan-March) figures should provide guidance for the remainder of the year.
azalea
19/3/2014
17:19
Kazakhstan to direct 160 bln tenge to Affordable Housing Program in 2014

hxxp://www.4-traders.com/news/Kazakhstan-to-direct-160-bln-tenge-to-Affordable-Housing-Program-in-2014--18114566/

cascudi
19/3/2014
17:13
Huge construction opportunities in Kazakhstan says UKTI

hxxp://www.theconstructionindex.co.uk/news/view/huge-construction-opportunities-in-kazakhstan-says-ukti

sounds good

cascudi
19/3/2014
13:05
nice big trade buy
cascudi
14/3/2014
16:32
Is that 1m @ 33p the completion of a sell order and the reason why hitherto the share price has been flat,despite the commissioning of line5?
azalea
14/3/2014
10:17
Given that Karcement JSC now has STCM two most important production dry lines- 5 & 6, I thought it was time I found out exactly where it is situated. To my surprise, I found that it sits on the Eastern shore of the Caspian Sea. Its location has three important features - a low lying flat region, with the Caspian Sea providing both a moderating influence on the weather(currently 7C) and a gateway to several other countries sitting on its shoreline.
azalea
14/3/2014
08:18
Without doubt Kazakhstan is a huge and underdeveloped country, rich in energy reources. Demand for cement is rising y-o-y. If STCM can also capture a chunk of existing foreign imports of cement with its recently commissioned dry line5, in FY 2014, the share price should start to motor well beyond its 52 week high.
azalea
13/3/2014
20:41
hxxp://www.tradingeconomics.com/kazakhstan/gdp

impressive gdp grow in Kazakhstan.

if there is grow than construction follow the same path.

cascudi
13/3/2014
09:19
Some very large trades going on this week, but I do not know what they represent or for that matter, are about.
azalea
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