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| Share Name | Share Symbol | Market | Stock Type |
|---|---|---|---|
| Steppe Cement Ltd | STCM | London | Ordinary Share |
| Price Change | Price Change % | Share Price | Last Trade
|
|
|---|---|---|---|---|
| 0.00 | 0.00% | 19.00 | 08:00:00 |
| Open Price | Low Price | High Price | Close Price | Previous Close |
|---|---|---|---|---|
| 19.00 | 19.00 | 19.00 | 19.00 | 19.00 |
| Industry Sector |
|---|
| CONSTRUCTION & MATERIALS |
| Top Posts |
|---|
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 16/3/2024 02:31 by wilo101 All major investors structure so as to fund capex by inter-company loans and so there are no tax issue in repaying principal on loans ,of course, and interest is treaty-relieved. |
Posted at 12/2/2024 06:06 by danmart2 I encourage all investors to email the company |
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 31/1/2024 16:58 by mattjos Buyback would risk existing largest investor(s) exceeding ownership % & therefore trigger mandatory Offer.The biggest holders are so clearly a concert party given their prior working relationships |
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 08/12/2023 08:33 by riskvsreward If they knew they would not pay it or more unlikely to pay it,why would they make that statement about their objective? Most of posters here after that statement have interpreted it meaning a payment is coming. Furthermore, they should have retracted it as soon as they knew they were not paying it at all. It was still misleading to those investors who have been impacted in their investment decision based on that statement. |
Posted at 07/12/2023 12:50 by riskvsreward Is there a class legal case for the small PIs to take against the board for misleading the investors by stating clearly that a dividend of 2 to 3 p to be paid in November? |
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