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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 0.0% 26.00 25.00 27.00 26.00 25.50 26.00 572,832 08:00:09
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Construction & Materials 64.4 8.4 3.2 7.9 57

Steppe Cement Share Discussion Threads

Showing 2551 to 2575 of 2775 messages
Chat Pages: 111  110  109  108  107  106  105  104  103  102  101  100  Older
DateSubjectAuthorDiscuss
18/12/2019
10:08
Link doesn't work misterdeb. Buys now at full ask 32p.
jeanesy
18/12/2019
10:01
hxxps://simplywall.st/stocks/gb/materials/aim-stcm/steppe-cement-shares/news/i-ran-a-stock-scan-for-earnings-growth-and-steppe-cement-lonstcm-passed-with-ease/ the reason why someone questioned the rise on 10 December
misterdeb
17/12/2019
14:00
It's simply unloved, back of the shelf. Plenty for sale at 32p if someone wants a chunk at a great price.
celeritas
17/12/2019
09:44
Spread is a tiny 3%
mattjos
17/12/2019
05:01
Its because Kz is so out of favour, with Russian sanctions many people over-look the entire place, the only share doing well now with assets in Kz is CAML, look how bombed out all other Kz related stocks are, still below the 2007 peak by 95%!
wilo101
16/12/2019
21:52
Beyond me why this is still so cheap. Still under 40p.It's non-sensical. I'm bored doing the maths any longer so, just buying from here onwards
mattjos
13/12/2019
15:49
29.7 v 32 for 27,500 either way
mattjos
13/12/2019
15:01
scarce as hens teeth
wilo101
13/12/2019
10:12
Not much about
mattjos
11/12/2019
09:57
I believe the suggestion of moving to two dividend payments per year, for obvious reasons biased to the Final payment, has been communicated to the management. I can't seem them objecting in any way to that logic or wish, particularly given their significant shareholdings. We must wait and see as/when that occurs. in the meantime, more than happy with the yield on offer at current buy prices & quite sure this will not persist
mattjos
11/12/2019
09:27
My prediction is an interim of at least 1p, early next year, with 4p to follow, for sure.
wilo101
11/12/2019
09:07
We will just have to see whether they decide to introduce an interim dividend. That may have to wait for the remainder of the debt to be cleared & thereby free up cash earlier in the year for such purposes
mattjos
11/12/2019
08:46
Thanks Matt for your knowledgeable posts and also for the tip! Do you think Board will instigate interim dividends anytime soon?
desha
11/12/2019
07:55
many thanx Mj, some great analysis, definitely worth the read,,, Good luck all holders and thanx for posting your work Mj,,, greatly appreciate you sharing it with us all,,,, cheers Wan :-)
wanobi
10/12/2019
23:49
Sept 08, after failing the trend line, this took just 26 weeks to fall from 250p to 16p. The chart then shows this spent the next 8½ years printing a huge falling wedge before finally breaking out of that pattern during November 2017 as it crossed up through 19p. It subsequently re-tested that level during 2018 & again at the start of this year. Over the course of this year the price has put on 75% to today's close. There is a huge amount of pent up pressure in the stock after all this period of time. Just remember .. the longer they go sideways before the eventual breakout, the longer and strong the resultant breakout will prove to be. Steppe Cement has effectively had over 10 years of just going sideways! With profits now rising, debt falling fast, strong free cash flow and a rising dividend, there is no remaining valid reason for any further sideways movement. I believe the trend should & will be upwards from end this year onwards.
mattjos
10/12/2019
21:58
I also believe there is a realistic possibility that the US$ will get walloped in 2020 & for the first time in many years the Tenge will therefore appreciate against it. That should add an additional kicker to the reported $ profit figures when the currency conversion is applied.
mattjos
10/12/2019
21:54
80p will be just fine :)
leopoldalcox
10/12/2019
21:49
Thanks for the reminder Matt, excellent post. One to keep tucked away and forget about.
brasso3
10/12/2019
21:45
FY18 Revs were 28,342m Tenge, of which Q4 contributed 5,926m Tenge FY17 Revs were 21,443m Tenge, of which Q4 contributed 3,578m Tenge FY16 Revs were 17,941m Tenge, of which Q4 contributed 2,435m Tenge As at end Q3 2019, Revs were 24,639m Tenge Ave. Q4 Revs for last 3 years come to 3,980m Tenge. Using that average figure would give a FY Revs figure of 28,619m Tenge At end Q3, the YTD Sales Volume was showing a 2% decrease YonY but, the average price for Delivered cement was up 12% YonY & the average price for Ex-Factory cement was up by 19% FY18 Profit after Tax rose to $8.9m from $1.2m for FY17 FY18 Profit per share rose to 4.1c from 0.6c for FY17 FY18 Dividend paid rose to 3p/share from 1p/share for FY17 For FY18 Total Loans o/s reduced from $20m to $11.8m & cash on hand increased from $3m to $5.7m As at 30th June 2019: Total Debt was $10.7m & Cash was $10.8m (subsequently $8.3m was paid as a dividend on 12th July) As at 31st August 2019: total Debt was $9m & Cash was $3.9m So between 30th June & 31st August this year, the company paid out $8.3m as a dividend, paid off a further $1.7m of debt & increased Cash by $1.4m These are not the signs of a company in financial distress … quite the opposite. They may not be making a song'n'dance about it all but, this company is throwing off some decent cash, is paying down its debt per plan & paying a healthy dividend Remains beyond my understanding why the broader market has not yet caught on to this gem …. but, am quite sure will do so come the FY19 results.
mattjos
10/12/2019
21:30
Bagged some this morning for an income folio. Mind you, EVRas, another high payer has not been so kind, so the market often misprices for a reason.
brucie5
10/12/2019
17:15
compare the figures in that article with Steppe's last update and commentary on prices …. obvious why Steppe is investing in the bagging facility. Even allowing for 12% VAT on the CEMNET prices in the their November update (which may or may not be a factor), there seems a noticeable premium for 50Kg bagged cement as compared to bulk.
mattjos
10/12/2019
17:03
Kazakhstan cement price rises 6% By ICR Newsroom 24 November 2017 In October Kazakhstan the average price of a 50kg bag of M400 cement reached KZT1252 (US$3.79), a 0.3 per cent MoM rise and an increase of 5.7 per cent when compared with the year-ago period. By comparison, the annual inflation rate in the country was 7.7 per cent. The highest prices for cement in Kazakh key cities were reported in Uralsk (KZT1609/bag, +12.5 per cent YoY) and Atyrau (KZT1525/bag, +14.2 per cent YoY), while the lowest cement prices were paid in Almaty (KZT1020/bag, -13% per cent YoY) and Taraz (KZT1081/bag, +1.4%per cent YoY). The strongest rise in prices was recorded in Semipalatinsk, where a 31.3 YoY hike was reported, up to KZT1469 per bag of cement. Cement production in the country advanced by 7.5 per cent to 8.4Mt in the first 10 months of the year. Some 2.5Mt or around 30 per cent of this total was produced in the south, reflecting a 13.6 per cent rise in output when compared with the equivalent period in 2016. A further 26.1 per cent or 2.2Mt was supplied by cement producers in the east, who increased their output by 15.8 per cent YoY. Kazakhstan is largely self-sufficient in cement with 3Q imports accounting for only 8.6 per cent of demand. https://www.cemnet.com/News/story/162926/kazakhstan-cement-price-rises-6-.html
mattjos
10/12/2019
16:53
Looks like a good move to new levels, which is unusual at this time of the year, in-winter, and bides well going forward.
wilo101
10/12/2019
16:24
A few days ago the *FT had a headline about the cost of cement rising. I do not subscibe and so could not read the full article. I was happy to see 'Steppe' on todays leader board as i did not know of a cement play. Fingers crossed and not burned ! as cement will burn if you do not wear gloves ;-) . *Https://markets.ft.com/data/indices/tearsheet/summary?s=FTSE:FSI
tenapen
10/12/2019
15:07
that is still 80p target Leopold
mattjos
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