Share Name Share Symbol Market Type Share ISIN Share Description
Steppe Cement 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
  +0.00p +0.00% 16.50p 15.00p 18.00p 16.50p 16.50p 16.50p 0 07:58:54
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Construction & Materials 42.5 0.6 0.1 223.1 36.14

Steppe Cement Share Discussion Threads

Showing 651 to 675 of 675 messages
Chat Pages: 27  26  25  24  23  22  21  20  19  18  17  16  Older
DateSubjectAuthorDiscuss
20/9/2017
08:49
I believe the next two quarters could result in a further notable improvement in STCM bottom line.
azalea
20/9/2017
08:03
GDP of Kazakhstan has grown to 4.3 percent in the first eight months of 2017 after an economic slowdown in July, the Vice Minister of the National Economy said. International trade is up by almost a third, while inflation has slowed down and now fluctuates within the target range of 6-8 percent.Industrial segment is the fastest growing sector in the Kazakhstani economy; it has shown a strong 8.5 percent growth due to mining and quarrying results of 11.3 and 6.1 percent, respectively. This increase is a six year high for Kazakh industry. Meanwhile, agriculture the fastest growing sector of 2 016 is only up 1.9 percent in January-August 2017. Moreover, fixed investments have increased by 3.4 percent to more than KZT4.8tn. Three of the fastest growing segments of investments are trade (up 9 percent), transport (up 5.9 percent), and industry (up 5.1 percent).
wilo101
19/9/2017
09:35
STCM is worth at least US$500m, in a reasonable market, and much more in a good market, in 2007 it had a market capitalization of more than GBP3.30 per share when there were only 115m shares in issue and only the 4 wet-lines in production, and the dry-lines were under reconstruction. Azmi placed out half his shares at GBP3.30, and since has bought all back, and now owns even more, he has several listed companies such as Pure Circle, STCM itself and Rohas Technic and so is finally actively back in the markets and listed stock game, see for example hxxp://www.theedgemarkets.com/article/wan-azmi-back-game and KLSE:ROHAS and purecircle.com If any major wants to enter the market, such as Cemex, CRG, LafargeHolcim, or a Chinese major such as CCCH they have to bid and buy STCM. Air Astana, the national airline, backed by BAE Systems has appointed JP Morgan and UBS to get it a premium listing in London next year, Kazatomprom has similarly mandated Credit Suisse, and Ferro Alloy Resources, now listed on KASE, and the owner and operator of the world's largest vanadium mine/ore-body will also list in London this year, so with all of this, as well as resumed and returned GDP growth as well as the World Cup in Russia next year, the entire Region, not just Kazakhstan will be finally entirely re-rated, even Tajikistan has just managed to do a Eurobond and so has even Ukraine, despite the on-going issues in their East.....so finally the region has turned and is on the up, especially given the commodity prices and like all commodity countries....
wilo101
19/9/2017
08:10
Matjos WCC, those were the days, one of my top winners ever. IF STCM can reach a quarter of those dizzy heights, I shall be hugely pleased. If the asset numbers are anything like what is claimed along with its replaceable value,then the share price is truly cheap as chips. With 79.97% of shares in major holders hands, further buying could give the share price momentum. The management has spent millions of dollars converting to two dry lines, making them hugely efficient and cost effective. That said, I believe key to the company's future depends on what Mr Amzi Wan Hamzah, intends to do with his 29.1% stake.
azalea
18/9/2017
22:40
thankfully a 50k seller late in the day :-) ... this desperately needs a seller to create some liquidity as virtually nothing available at these levels all day. MM's will to want sell them on higher but, i'll take what's offered up to 35p on current financial metrics ... £1 coins for 50p at present. nice quiet thread with just a couple of well informed posters & most PI's given up here many years ago. Reminds me of West China Cement in many ways.
mattjos
18/9/2017
13:55
Vicat and Heidelberg each paid Euros350m, for just single 1mtpa dry-lines, and STCM has double-that, and 4 wet lines and is in he best location.
wilo101
18/9/2017
12:49
I'd agree wilo101 .. it's a unique company & opportunity. Just trying to present the most conservative of valuations. The historical investment on the dry line and the rolling stock puts this head & shoulders above anything else in Kazakhstan & far more capable of riding out the bad times and coming back very, very strongly during the better times. Very sensibly management are concentrating on the higher margin sales now
mattjos
18/9/2017
12:39
Actually, more than 60% is and has always been in the hands of the 4 original founders/developers, so what they say and do is key. The company is the largest and lowest costs producer in Kazakhstan, and the only independently listed cement plant in the entire FSU. The true value is nothing short of US$500m. The plant, mines, quarries and assets, equipment and infrastructure would cost more than US$1bn to build today.
wilo101
18/9/2017
12:11
219,000,000 Shares in Issue 175,162,493 Tied up with 3%+ long term holders Therefore, theoretical 'Free' float of 43.84m shares 219,000,000 * £0.16 = £35m mkt cap. That's US$47m mkt cap at the Bid price Total Assets from the Interims is US$101m
mattjos
18/9/2017
11:54
Just goes to show what a modest amount of buying we are seeing this morning, can do to the sp,albeit, if for no other reason, on the back of the promising Interim report. The biggest attractions for me has always been Mr Amzi Wan Hamzah's, 29.1% stake, which he has been building these past several years, at twice the current price. I believe that he will either bid for the company, or sell to another company in the business, but not necessarily one based in KAZ.
azalea
18/9/2017
11:21
good post wilo101 ... Well I have appreciated what the company are achieving and so too at least one other person. This is valued at least 50% below where it should be just now
mattjos
18/9/2017
11:10
The US$10m, KZT denominated CAC Bond, listed on the KASE will be fully retired from available cash in November, thus further reducing debt, materially, the Bonds as listed can be found at hxxp://www.kase.kz/en/emitters/show/CACM. The stock is massively under-valued and under-rated, and the market does not appreciate and gives the company no credit for what it is doing, and has achieved.
wilo101
18/9/2017
10:37
this is far too cheap given the underlying business valuation & its performance recently
mattjos
18/9/2017
10:27
have continued to add this am
mattjos
18/9/2017
10:15
Tick tock. Up 13% this early morning.
azalea
13/9/2017
10:35
They are accumulating debt and high interest ratesWe have maintained KZT4.9 billion of available working capital lines from Halyk Bank, Altyn Bank and VTB Bank. The current rates are 6% p.a. in USD and 12% p.a. in KZT. As of 30 June 2017 we have the equivalent of USD7 million outstanding from these working capital loans and by the end of August 2017 they have all been repaid.As of 31 August 2017, total bank debt net of cash amounts to USD20 million of which 65% is denominated in USD and the balance in KZTA new loan of 580 million KZT was signed in July 2017 to fund a new packing plant to be installed near the dry lines. The loan carries a 6% interest in KZT and is repayable in 7 years with one-year grace. The loan will be drawn until August 2018.
hari
13/9/2017
10:15
It is the 3rd Quarter not 2cnd, that is always important and crucial, namely and especially June, July, August, September and through November if the weather holds and is not too cold, so STCM should be other than Working Cap Debt free, profitable and there should be a dividend declared for this year, aka 2014 last.
wilo101
13/9/2017
09:45
Interims show the company is heading in the right direction, despite the winter period.
azalea
11/9/2017
20:51
Should be a good 3rd quarter, 10% growth year on year and a resumption of dividends
wilo101
11/9/2017
15:13
just bought a few
mattjos
11/9/2017
10:54
Unconfirmed forecast for Interim results, Wednesday 13/9.
azalea
17/7/2017
08:46
A positive update.
azalea
17/7/2017
08:01
well that was an anti-climax
hari
03/7/2017
13:42
Well I bought as a trade punt today against my better judgement.Level 2 ticked up on no volume Something going on the background maybe, update due within next 10 days or so too
hari
03/7/2017
11:04
A 17% rise on a mere volume of 33.957k buys. Interesting.
azalea
Chat Pages: 27  26  25  24  23  22  21  20  19  18  17  16  Older
Your Recent History
LSE
GKP
Gulf Keyst..
LSE
QPP
Quindell
FTSE
UKX
FTSE 100
LSE
IOF
Iofina
FX
GBPUSD
UK Sterlin..
Stocks you've viewed will appear in this box, letting you easily return to quotes you've seen previously.

Register now to create your own custom streaming stock watchlist.

By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions

P:30 V: D:20170921 10:15:17