ADVFN Logo

We could not find any results for:
Make sure your spelling is correct or try broadening your search.

Trending Now

Toplists

It looks like you aren't logged in.
Click the button below to log in and view your recent history.

Registration Strip Icon for charts Register for streaming realtime charts, analysis tools, and prices.

STCM Steppe Cement Ltd

22.00
0.00 (0.00%)
28 Feb 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
  0.00 0.00% 22.00 21.00 23.00 22.00 22.00 22.00 10,589 08:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Cement, Hydraulic 86.73M 17.78M 0.0812 2.71 48.18M
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 22p. Over the last year, Steppe Cement shares have traded in a share price range of 20.50p to 45.50p.

Steppe Cement currently has 219,000,000 shares in issue. The market capitalisation of Steppe Cement is £48.18 million. Steppe Cement has a price to earnings ratio (PE ratio) of 2.71.

Steppe Cement Share Discussion Threads

Showing 5976 to 5998 of 6000 messages
Chat Pages: 240  239  238  237  236  235  234  233  232  231  230  229  Older
DateSubjectAuthorDiscuss
28/2/2024
08:17
I can see two scenarios they will either combine it with the 2023 divi or they may even pay 2 separate divis in 2023.

Next update is key

danmart2
27/2/2024
13:29
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.

tigerbythetail
27/2/2024
09:46
Kazakh national climate continues to improve

ASTANA – The National Bank announced plans to reduce the base rate by 50 basis points to 14.75% per annum, with a corridor of +/- 1 percentage point, the bank’s press service reported on Feb. 23.

The annual inflation slowed to 9.5% in January, and the bank forecasted inflation to maintain in the range of 7.5-9.5% this year, 5.5-7.5% in 2025, and 5-6% in 2026.

“The slowdown in overall price growth was caused by the ongoing monetary policy, a decrease in global inflationary pressure and production costs, the gradual restoration of supply chains, government measures, and the influence of the high base effect of last year,” reads the statement.

The baseline scenario assumes stabilization of Brent oil prices until the end of 2025 at $80 per barrel amid an extension of the Organization of the Petroleum Exporting Countries (OPEC+) production cuts, moderate production growth from the United States.

Based on current parameters, the forecast for Kazakhstan’s economic growth in 2024 has been increased to 3.5-4.5% due to domestic demand amid an improving situation with business activity.

A 5.5-6.5% economic growth in 2025 will be ensured by increased oil output as a result of expanded production at Tengizchevroil.

In 2026, with a scenario reduction in oil prices and current forecast assumptions, the GDP growth rate will stand at 3.5-4.5%.

danmart2
27/2/2024
08:03
January construction output was +12.8% - slightly higher than the average of recent years but down from 14.7% in December.

The KSE100 share index is at a new high and flying. Up 12% in February. Up 57% over 12 months.

aleman
20/2/2024
00:49
2k sold vs 35k purchased
danmart2
19/2/2024
08:55
Thank you for that. Much appreciated.
plasybryn
19/2/2024
08:46
Kazakhstan's cement production in January was not a new record but it was up about 15% on last year's January weather-disrupted production.
aleman
15/2/2024
09:13
Good to read and thank you for the update
danmart2
15/2/2024
09:12
Had a reply from Javier del Ser. This is what he said: ''We are organising an alternative and we hope to have news soon''
southcbubble
13/2/2024
15:17
No reply yet, may send another more simple email.
danmart2
12/2/2024
14:59
They'd have to get Apollo Asia and Firebird to sign up to that. I have no idea if they would agree.
zangdook
12/2/2024
14:40
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).

1knocker
12/2/2024
12:02
Danmart2,

Have you emailed them and had a response back? They failed to respond to my email (but have responded in the past)

Thanks in advance

return_of_the_apeman
12/2/2024
06:06
I encourage all investors to email the company
danmart2
11/2/2024
20:38
Yeah, I have shares, for good or bad. And you're filtered. Good luck working on your social skills.
tigerbythetail
11/2/2024
18:49
Another for the filter list
riddlerone
11/2/2024
18:45
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 suspicious

TigerByTheTail - 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.

riddlerone
11/2/2024
12:27
See the US$16.94billion market-capitalization of Kaspi.kz now listed also in NYC, as well as Friday's succesful IPO of Air Astana with a market capital in London of US$870, note also the large market-cap of Kazatomprom, the world's number one uranium miner
wilo101
11/2/2024
12:07
Lastly here is a link to show what the true value of the plant is let alone the established customer base.Steppe plant 2m metric tonnes capacity for comparison .Completion date for Korcem plant has been put back to 2025





With a construction cost of approximately US$153.0 million (S$206.8 million), the new cement plant will comprise, specifically, a dry process cement clinker production line with a daily production of 3,500 metric tonnes of clinkers. Construction started in the last quarter of 2021 and is expected to be completed by mid-2024. Upon completion, the Korcem plant will have an annual cement production capacity of 1.5 million metric tonnes



Kazakhstan: KORCEM has started construction of a 1.2Mt/yr cement plant in Kordai District. It
is expected to be fully operational by 2025

riddlerone
11/2/2024
10:07
Don't buy in on any conspiracy theories they normally come with boredom or an alternate agenda.
riddlerone
11/2/2024
09:47
If you look back to 2018 they had a similar flat H1 then managed to make $9m after tax year end.October cash position 2023 had improved from H1 $6m to $10m so would hope they will replicate or more likely improve on that performance.
riddlerone
10/2/2024
20:56
Oddly, it's not the profitability of the underlying business that worries me. The Kazakh economy has picked up and I'm confident that the concrete business will pick up with it.
It's the corporate shenanigans that worry me. Why haven't the board at least informed us what they intend to do? (Yes, it might take time to realise a corporate restructuring, but they could lay out a plan!). Something isn't right here.
I wonder if we're not being set up for a low-ball take-private offer.

tigerbythetail
09/2/2024
13:27
I'm not currently tempted to add. Would like to know the figures for most recent period as last financials were barely profitable. If they can turn the corner, however, this could start making serious money again
leopoldalcox
Chat Pages: 240  239  238  237  236  235  234  233  232  231  230  229  Older

Your Recent History

Delayed Upgrade Clock

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

Support: +44 (0) 203 8794 460 | support@advfn.com