Steppe Cement Share Discussion Threads

[azalea] 07/10/2013 12:29

Early pm trades could lead to another large volume trip today. Imminent positive news will take it through 40p.

Edit: Bid ticked up @ 37.25p

[azalea] 06/10/2013 16:27

Following Friday's volume and trades we could well get another rns on Monday regarding a new/increased share holding.

[barth3z] 06/10/2013 10:38

azalea, great updates. Keep them going, you are not alone on here. 52 week break and long term chart looking very good.

[azalea] 04/10/2013 15:29

The latest trades @ 38p are buys-I have added.

[azalea] 04/10/2013 11:57

Trades similar to yesterday - large and above the bid price, which suggests someone has also bought a large qty today.

[azalea] 04/10/2013 08:46

Azmi Wan Hamzah ups his stake by 1.25m to 23%. What better sign of good news ahead.

[azalea] 03/10/2013 15:08

looks like another set of large trades - not sure how to interpret them as both are above the bid price. The pair of 250k trades are certainly at the buy level. Are they rollovers?

[azalea] 03/10/2013 10:10

Buyers are nibbling ahead of imminent news of the multi million dollar completion of the Line 5 conversion and the commissioning of its various stages, which will add 1.2m tons of production this year. Significant cost savings from this and other initiatives is aimed at increasing its share of rising demand and through its price competitive edge reduce the volume of foreign imports.

[azalea] 28/9/2013 11:40

In my 213 post, I failed to add to the 2013 and 2014 ptx & eps figures forecast, the PE ratios of 12.1 and 7.08 respectively.

[azalea] 27/9/2013 18:45

Today's trade makes the volume for two successive days total at over 2m shares.

[azalea] 26/9/2013 20:51

Today, Morningstar reported trades totalling 1.299m,the lowest @ 37.25p the highest @ 39p(52 week high), all were above the last trade yesterday (15,22hrs) indicated as a sell @ 36.50p. Therefore I would say with a notable degree of confidence, that all todays trades were buys. Clearly, I am not the only one expecting good news in the near term.

[azalea] 19/9/2013 13:52

At last my Morningstar premium service is showing a broker's(Westhouse Securities) forecast for 2013 and 2014, as follows.

2013 Ptx £9.24m Eps 3.1p

2014 " £10.57m " 5.13p

The 2014 circa 70% increase in Eps, will I suspect be the result of notable savings in the cost of electricity and huge savings in production efficiencies from Line5 being fully on stream; more of which we should hear before the year is out.

[azalea] 16/9/2013 09:43

A strong Interim report with the very important Line 5 commissioning starting in the Autumn, which I would expect to see completed by December this year. Large cost savings across the board and a bigger market share should be seen coming through by mid 2014. No cash problems. 2014 should see the share price well up on its current 42p NAV. Holding tight.

[azalea] 10/9/2013 07:40

In the absence of a RNS this morning I have checked Q3 date for 2012, it was in October; so I think the date carried by Morningstar c0uld be wrong.

[arphillips] 09/9/2013 17:52

Tomorrow then. Let's hope they don't disappoint.

[azalea] 06/9/2013 09:50

Q3 results scheduled for Monday.51k buy kicking off this morning.

Edit: Q3 now Tuesday 10/9.

[azalea] 29/8/2013 17:19

Some notably large trades yesterday, a 25k buy today @ 36p. The Interims next month should be very good and we might get an update on the Line 5 conversion due for completion this Autumn. When completed the cost saving should be very significsnt, and a game changer for profits and earnings. NAV 42p

[azalea] 05/8/2013 11:09

Bought the 6k this morning, couldn't get it online, had to go through my dealer. I wanted to buy @ 35p but the MM said he would split the difference @ 35.5p. Someone beat me to it and got 10k @ 34.9p

[azalea] 01/8/2013 07:51

FIM sold 3m. So given that leaves another 7m to be accounted for, I suspect someone bought the FIM disposal, which leaves circa 4m to be accounted for. Given that the share price has ticked up, the 4m should involve a purchase. Perhaps another rns or two, will clarify.

[azalea] 30/7/2013 16:45

Yes, the buying when it happens usually takes place in the afternoon. These are quite large individual trades totalling some 10m = 4.5% of the shares in issue);I am surprised the share price has not been marked up notably higher. A RNS would prove interesting.

[arphillips] 30/7/2013 16:18

Blimey, there's actually some trading activity here today. Onwards and upwards.

[azalea] 30/7/2013 09:32

A buyer in this morning for 50k @ 34p

[azalea] 29/7/2013 10:01

Its time to take a closer look at this company as it approaches the Autumn completion of the multi million dollar coversion of line 5 from wet to dry production, which will bring in huge cost savings. Can't get a quote on line, so the MM are not giving them away. The latest quarterly report was very solid with cement sales fetching higher prices coming out of the winter months. News of the conversion being completed should push the share price up significantly.

[azalea] 28/5/2013 07:28

Ah ha. So the chairman Mr Brown has also been adding this month- buying 427,880 @ an average of 31.36p and taking his holding to 1m. There could be others. looking good.

[azalea] 25/5/2013 07:49

Some interesting largish trades posted after hours yesterday.Perhaps Mr hamzah adding, or another major holder maintaining the status quo.