Steppe Cement Share Discussion Threads

[azalea] 07/12/2015 13:49

Wow! A 500K @ 13.75P. That makes 2m today,

EDIT; Bid 12.70p.

[azalea] 07/12/2015 11:30

So, who has bought the two lots of 750K @ 12.8p?

[azalea] 04/12/2015 09:46

HARI
The likes of us might not know what the game plane is here, however Mr Hamzah with his recent purchase and the 500k buyer yesterday, must have something in mind. To than end, with the share price so low, I am sticking with it come rain or shine. Mr Hamzah only has to fork our circa £366k to take his holding to 30% and trigger a bid.

[hari] 04/12/2015 07:53

Azalea,

Yes large trades and then the price drops.

I see the currency has deteriorated even further.

It was From 182:1 to 270:1 on the last update. Now to approx 450:1

This is looking really bad.

Looks like big buyers are not any wiser than you.

[azalea] 03/12/2015 16:29

Some interesting large trades going on today, especially late pm -a 500k buy.

[azalea] 26/11/2015 15:27

FIREBIRD upped its stake by 1.6M @ 33.5P 20/3/14, Given that other major holders collectively outweigh a mandatory 30% bid, if Mr Hamzah were to make a bid it will have to be in excess of 30p, to win over any opposition.

[azalea] 26/11/2015 14:29

Hari
Each to their own.
Today's news of the largest holder upping his stake BY 3,575,000 to 28.71%,could be for one if not two reasons.

1 Shares are cheap as chips when compared against its NAV(45p -2014).

2. Mr Amzi Wan Hamzah, is preparing to make a bid.(his last purchase of 1.8m 24/10/2014 was at circa 36p).

[hari] 24/9/2015 08:53

I rather be a non-holder, than a holder here azalea.

You bullishness and failure to look ahead is not your strong point.
I see you fall in love once you buy in, and anyone who challenges you, you feel difficult to deal with and spout on about Modi.
Then just cannot let go of your holding because it is loss-making.

Good luck here, you will need it. It may come good further down the line if you hold long enough, but that is a gamble.

[azalea] 22/9/2015 16:31

There is a serious volume{x10 the 90day average] changing hands to day.

Hari the only thing you know about Modi is what you have recently read up. You were easy to spot as a non holder -talk but no substance.

[hari] 15/9/2015 07:33

Good post Mattjos.Yes the debt payments are going to be very challenging now.

Azalea - I ndo ot hold. Would not buy this.I just found it odd , you were talking to yourself here and had a clouded vision of your investment. You talk a good game, but have notforward thinking and are quite a naive investor. Hates the contrary view.

I know a hell of lot about Modi, thanks to your verbal diarahea.

[mattjos] 14/9/2015 21:01

KZT down another 5% against the USD since the results RNS. They are going to have to run faster and faster just to stand still, given the Debt repayment schedule through 2015 & 2016.
They are rather caught at present with Russian cement finding its way into the market due to the weak RUB and the revenues they do earn being in KZT v Debt denominated in USD. This will likely deteriorate further if the Fed raises rates and accelerates the already huge flight of USD from Emerging markets.
There does not seem a natural hedging tactic that they can adopt at present other than slowly dribble the loans over to KZT as/when they are able to find a local willing lender. Wont take much in the way of a domestic recession to see them risk breaching the loan covenants in 2016


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[azalea] 11/9/2015 11:48

Hari

You obviously know nothing about PM Modi, the most successful of CM the state of Gujarat has ever had. His BJP previously ridiculed in earlier days by failed, corrupt coalition governments, yet in 2014 received an overwhelming mandate from the people to correct the ills of his predecessors. since becoming PM, Modi has attracted circa $100bn worth of investments from foreign governments and private institutions. A country heading for growth in GDP of 7% this FY, with more to come during his first term in office. A PM who plans to bring electricity to every home, despite 18,000 villages currently without electricity. All of which does not say much for you describing these facts as spouting.

IF you hold STCM, then you can always sell, rather than blame others for your own decision to buy.

[hari] 11/9/2015 08:34

Azalea,

Aren't you the one that spouts on about Modi. It is a shame he does not run this country, we would not the last of it.

"The timing is interesting -ahead of the Interims this month.'

H1 mixed results. Yes that is very interesting!!

You can do better than that, maybe in the next 6 months hey, you will get it right if you hold on long enough, unless things turn for the worst.

You come across one of those investors, that talks a good game but the RNS' keep disappointing and makes you appear a naive investor.
And if he share suddenly comes good, you will be saying I told you so.

[azalea] 11/9/2015 07:52

H1 mixed results; but better things to come H2.

[azalea] 02/9/2015 07:13

Never mind yesterday's, today's rns announcing Consilium Inv Man taking a 5.08% stake is excellent news. By my reckoning that takes collective major holdings to 76%. The timing is interesting -ahead of the Interims this month.

[mattjos] 01/9/2015 22:46

todays RNS .. cost-saving or placing imminent?

[azalea] 20/8/2015 15:11

FWIW Extracts)
FTSE 250 KAZ Minerals PLC. (+11% 174p); reported today a swing to a small Ptx profit for HI 2015.

In H1 2014, the company booked a USD 180M loss on currency exchange. This was not repeated in H1 2015. It reported that the devaluation of the Tenge would drive down costs at its operations. The recent devaluation in the Chinese Yuan and the decline in the Russian currency are also significant to KAZ as both are major trading partners. Kazakhstan's Central bank stated today it would allow its currency to float freely.

[mattjos] 20/8/2015 13:18

23% Devaluation of the Kaz Tenge v the USD today. Their debt is in USD and revenues in local Tenge is it not?

[azalea] 04/8/2015 14:40

Lets see what the Interims tell us.

[mach100] 04/8/2015 13:59

I enjoy your posts Azalea and you certainly bang the drum for STCM. While the share price performance has been dire, STCM does at least pay a divi and if this can maintained it has to be one of the best value stocks on AIM.

[azalea] 03/8/2015 07:16

Looks like the company is beefing up its BoD. Interesting.

[azalea] 22/7/2015 16:10

Hari, given that you do not hold and will not buy, you have no reason to worry.
That said, since Mar 2014 Amzi Wan Hamzah bought over 4m shares at well above the 3Op mark and now hold 59,185,906-27.03%,whilst in the same month Firebird Funds upped its stake from 7,443,963 to 9,103,963 - 4.16%. Meanwhile, the remaining major shareholders(5) have sat tight on their holdings.The latest update was positive, and if the share price is not higher by the FY results, I will eat my rice paper hat. You pays your money and you take your chances.

[jhan66] 22/7/2015 11:14

Hi Azalea, I'm grateful for your input on this quiet board. I've made a small chunk on STCM in the past and try to follow developments. it's one of the few aim/foreign shares I'd be willing to hold long term but I'm not keen to buy at the moment. If macro conditions change or if it gets cheaper after the recent updates, I'll be taking more interest.

[davydoo] 22/7/2015 09:26

I'm interested!

Not currently invested but still follow closely.

[hari] 22/7/2015 08:57

Keeps talking it up..it keeps falling.
Hope peeps have the sense not to listen to you when it was 30p.

no-one is interested...do you see anyone else here