Steppe Cement Share Discussion Threads

[mattjos] 02/1/2020 15:07

not even offered 100 shares now … not even 50 shares to buy online.

[mattjos] 02/1/2020 14:59

plenty of stock all morning but, now only offered 15k max online

[wilo101] 02/1/2020 13:51

FT shows STCM up 70.2% over the year from 31.12.18 to 31.12.19, plus the 3p dividend on top, escapes me how this stock can go so unloved and unnoticed...! But it will not last, that is for sure, and 70% in 1 year plus 3p cash is stellar.

[jeanesy] 02/1/2020 13:38

Reported buys far outweighing sells today and yet we are down atmo.

[wilo101] 01/1/2020 11:54

Should move to GBP0.65p a share by 31/12/20, at 31/12/18 was much lower than today and seems we are back at about2015 levels, but in reality more with the divvies. Hopefully, 5p this year, if we are lucky, 4p worst case, with a 1p interim.

[mattjos] 01/1/2020 11:39

All that 'paper' loss of the Kaz denominated assets prices would reverse as a consequence of a weakening $ + the earnings would also rise when translated back.I expect to see the mid-40's become the new floor here shortly

[mattjos] 01/1/2020 11:35

HNY to all STCM investors .... i think every reason to expect a good upward move in the share price this year based on the fundamentals & that could well be amplified as/when the US$ falls from grace

[mr roper] 30/12/2019 08:37

Picked some up first thing.

[jeanesy] 30/12/2019 08:13

none available online ( tried to buy a thousand pounds worth !)

[wilo101] 28/12/2019 10:28

Gross with all dividends in history the price is already 43p

[jampot7us] 28/12/2019 10:14

37p the next nut to crack...

[wilo101] 28/12/2019 09:49

Preliminary unaudited 31/12/19 results due 8-10/01/20......fingers crossed for the maiden interim in history....

[mattjos] 27/12/2019 16:20

very, very tight here this afternoon …. online Offer was next to zero. Got 5k and instantly moved the price.
Can sell a shedload now at over 35p

[azalea] 23/12/2019 08:42

Merry Christmas to all STCM investors, who should by the look of things enjoy a Happy and prosperous New Year.

[jeanesy] 23/12/2019 08:35

How many available today ? A few buys gone through already .

[mattjos] 20/12/2019 16:17

looks weak as ditch water on L2 but, that is masking online where now only 7,500 available to buy but, can sell bucket loads at over 34p

[mattjos] 20/12/2019 14:33

15,000 at 36p is max online to buy but, can sell heaps at over 34p

[mattjos] 19/12/2019 11:06

25k max online at full offer

[mattjos] 19/12/2019 09:41

it often takes time to get going .. all those sock-drawer shares are unearthed as the price rises an the stale investors sell out … relieved to get back their money after all this time but, they don't ask themselves why the price is rising. They mechanically sell and move on but, this is the tie to be buying from these type of investors, imo. Arguably to average up your holding as the stale long-term investors get out for evens.

[mattjos] 19/12/2019 09:39

All those long years of down, down, down, down .. then, a period of sideways .. before finally the chart creeps out to the right and escapes that persistent long term downtrend.
This is when the chart so often starts to turn up as a consequence of the hard work and funding from the years previous. All that effort and finance starts to come good and there are now rewards for shareholders … this is when the shareholders finally get rewarded.
Just as it is with STCM now

[mattjos] 19/12/2019 09:36

In Steppe's case, the long term chart is like this:

[mattjos] 19/12/2019 09:29

Leopold, I never touch new issues on AIM. The whole point of the AIM Market is to provide equity funding to junior companies.
Business rarely ever go to plan & many new AIM companies either fail or the management get accustomed to the seeming never ending ability to keep raising money solely to pay their wages .. the intent to actually make a profit and reward shareholders dims and extinguishes as the management simply ride the AIM merry-go-round with their advisors.
Better to watch and wait and try to detect companies on AIM who have got the necessary equity funding and have created/built a business that will survive and thrive into the future.
This is why i like to use charts for such companies and try to find the point at which the long term downtrend is finally broken and the company & its equity spring upwards into profits, growth & dividends.

[king suarez] 19/12/2019 09:14

Great chart, Matt. Thanks.

[leopoldalcox] 19/12/2019 08:10

Matt, I've noticed this pattern in a few stocks I hold. IPO, followed by a steep rise and a dramatic fall of 80-90%. Years of sitting at around that price, before climbing aggressively to new highs.Like you say, the rise often mirrors the fall.I'm not sure what lessons to take, apart from maybe avoiding newly listed companies

[mattjos] 18/12/2019 22:13

This has carved out a great looking bowl over the last 10 years, with a 2009 low of 23p & an absolute 2016 low of 12.5p.

Since 2016, it has started the upward part of the bowl and is now well over that 2009 low of 23p.

It is often the case that the subsequent right hand side ascent, mirrors the left hand side descent …...
6 months prior to that 2009 low, STCM traded at £3.30/share. A precipitous descent.

Steppe has a Stockopedia Rank of 99/100 - Super Stock status.
Broker is forecasting 6c /share divi for the 2019 financial year:

6c / 1.31 = 4.58p/share

At a current buy price of 34p that is damn near 13.5% Yield payable in 6 months time.
This would still be a great buy at 64p (a 7.15% Yield)

Keep getting your hands on them and stash them away in your ISA's and SIPP's, imo