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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 | |
---|---|---|---|---|---|---|---|---|---|---|
-2.00 | -9.30% | 19.50 | 19.00 | 20.00 | 21.50 | 19.50 | 21.50 | 365,431 | 15:09:52 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
Cement, Hydraulic | 86.73M | 17.78M | 0.0812 | 2.40 | 42.71M |
Date | Subject | Author | Discuss |
---|---|---|---|
14/4/2020 07:16 | What's good WiloThe decrease in cement demand is clear now, my cautious negative view has come true but that is no surprise Because of Covid 19Postponing debt payments Dividends - just cannot see that happening now As market will look forward , there is no reason for the share to rise above 30p now | jailbird | |
14/4/2020 07:11 | I cant agree. Sold at a big loss. | jeanesy | |
14/4/2020 07:04 | Not too bad, the Group is effectively debt free and has strong support from its top big 4 shareholders/founder | wilo101 | |
14/4/2020 06:32 | RNS out Market update for the quarter ended 31 March 2020 In the first quarter of 2020, Steppe Cement Ltd ("Steppe Cement" or the "Company") sold 235,896 tonnes of cement for 4,003 million Tenge, compared to 266,393 tonnes of cement for 4,455 million Tenge in the first quarter of 2019, representing a decrease of 11% and 10% respectively as the Company decided to maintain pricing over volumes in Q1 while in the previous quarters volumes had been maintained over pricing. The Kazakh cement market in Q1 2020 increased by 15% over the corresponding quarter last year. Steppe Cement's market share decreased to 13.3% in the first quarter of 2020 from 17.4% in the first quarter of 2019. The average price for delivered cement in Q1 was 16,970 Tenge per tonne (ex VAT) compared with 16,723 Tenge per tonne in the corresponding quarter of 2019, an increase of 1%. Prices have been maintained this winter at the same level as last year. The ex-factory price for the current quarter stood at 13,149 Tenge per tonne, compared to 13,614 Tenge per tonne in 1Q 2019, a decrease of 3%. The higher transport tariffs and rental expenses were due to increased sales in markets further from the factory and lower sales volumes to defray these costs. Exports from Kazakhstan have increased by 34% from 2019 but it is difficult to have visibility over the output in the coming months. The Company estimates Kazakhstan's cement market demand will decrease due to the uncertainty of oil market and negative effects from Covid-19. We continue to operate the factory at capacity and we do not anticipate any liquidity problems, as we have more than USD 6 million in cash, sufficient clinker in store, credit lines from the main banks in Kazakhstan and we are postponing principal debt payment where possible. | glawsiain | |
07/4/2020 19:02 | Dumping stock they sure are .. a 200k and 175k dumped today. I am amazed this has not fallen further .. yet ! | jeanesy | |
07/4/2020 09:54 | I think you need to remain objective when invested We are in difficult times , and tipping towards a global recession All sectors will impacted Have to accept this it is possible that future growth could be impacted Dividend could be withdrawnThere maybe no dividend the year after I am not ruling out any of these until a RNS tells me otherwise. | jailbird | |
07/4/2020 09:40 | Someone's slowly dumping stock but they were doing that in previous years too. I don't think we can assume anything about the dividend from the pattern of trades. | zangdook | |
06/4/2020 16:53 | you just cannot predict anything in this market jeanesy,,, personally I think it best to just hang on in there and give this thing time,,, I believe all will be fine, divi or no divi,,,, these are extraordinary times :-) Cheers Wan :-) | wanobi | |
06/4/2020 16:50 | Share price continues to fall. Will be under 20p pretty soon it seems. Really cant see a dividend here. price action says it all really .. sadly :( | jeanesy | |
01/4/2020 02:39 | hxxps://www.coronavi | wilo101 | |
31/3/2020 18:13 | And so far Kazakhstan not badly hit by coronavirus. | kenmitch | |
31/3/2020 17:13 | not disagreeing with you on that jeanesy, but, will say I've seen reports on CNBC/BBG TV of many shares rising significantly (10-20%) with the announcement that the divi will not be paid in order to strengthen the balance sheet through these difficult times etc etc,,,, so all not lost either way :-) Cheers Wan :-) | wanobi | |
31/3/2020 16:09 | still a tug of war between buyers and sellers.I am becoming less and less confident a dividend will be paid here as most companies have cancelled them in the current climate.... some chunky trades going through late here. | jeanesy | |
21/3/2020 16:08 | Can't see why it wouldn't be - record revenues for the year, debt paid off - what else are they going to do with all the free cash generated? | king suarez | |
21/3/2020 15:46 | I see some large sells went through late yesterday . Still too much uncertainty around for me to average down . Nursing some large losses here. Hopefully the dividend will be maintained. | jeanesy | |
20/3/2020 12:33 | It really should be around 60p with the cashflow being generated, imo. | king suarez | |
20/3/2020 12:18 | With China beginning to recover from the virus and people starting to return to work, if the buying today continues, that 25p level could be reached by the end of the month. If a 3-4p div is confirmed, it could hit circa 30p+ | azalea | |
20/3/2020 08:35 | Do not really understand why we should be less than 25p minimum other than blind panic selling so, have kept adding & again this morning | mattjos | |
19/3/2020 09:08 | Another 6 weeks or so for annual results - may get delayed slightly due to logistics of audit process in the current environment. | king suarez | |
18/3/2020 20:29 | Buys far outweighing sells today but it has barely moved. When is the news due ? | jeanesy | |
18/3/2020 16:11 | Morningstar data today reports two 135k+ trades @ 22.5p | azalea | |
18/3/2020 11:51 | Possibly USD/KZT exchange rate movement not helping either? | king suarez | |
18/3/2020 11:51 | Several companies deferring dividends - likely here? Pricing looked to have turned down in Q3 & 4 - I'm waiting for the Q1 2020 numbers. | podgyted | |
17/3/2020 20:01 | So what is this ..just sentiment, or is market looking forward and seeing potential impact on cement demand? Got to look beyond the expected dividend | jailbird | |
17/3/2020 19:58 | what price are they bidding now ? | jeanesy |
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