Steppe Cement Share Discussion Threads

[azalea] 18/12/2013 15:46

Less than a working week to end of Q4 and circa a month before we get a preliminary report on same. Cant figure out the recent two pairs of large trades, except to say at 46p, they are not sells.

[azalea] 12/12/2013 09:46

Ahah, could be the logjam is breaking with the two 25k buys so far this morning,one @ 47p.

[azalea] 05/12/2013 09:28

A dummy 3k buy cost 46.95p.Patiently waitig for news that could propel the share price clear of 50p

[azalea] 28/11/2013 10:29

Buyers nibbling this a.m. Completion of Line 5 commissioning must be very close.

[azalea] 21/11/2013 12:59

After retreating circa 8%, the share price is now languishing in the doldrums and without investors embarking on a buying and/or positive news on the commissioning of the final stages of Line 5, there is little incentive for it to move. However, I would expect news before the end of the year. Based on last year, a preliminary update for the year ending 2013 can be expected in January, by which time the weather will be getting colder by the day(and whilst I am no expert)one would assume cement pouring operations will also decline. If there is a positive update on Line 5 commissioning, I will be looking beyond Q1 winter months when the financial benefits should start to show their paces. That said, I am keeping a wary eye on recent trades.

[azalea] 08/11/2013 16:09

Especially at this stage of anticipated events, I am not keen on those large trades, all of which look like sells with the bid falling back.

[azalea] 07/11/2013 10:09

After a good run, I am not forgetting that next month will be entering a period of increasingly cold (sub zero)weather in Central Asia, a time when sales of cement will not be at their best.

[azalea] 04/11/2013 12:13

Bid(45.6p)/offer at their new 52 week high, that 50p mark looms nearer.

[azalea] 01/11/2013 10:06

Given the RNS dated 8 October, I expect to hear this month that commissioning of Line 5 has been completed and up and running. In which case the benefits might be reflected in the Q4 figures announced next month.

[azalea] 30/10/2013 17:10

ARP
You are most welcome. A few but heavyweight buyers today, taking the net total to circa 1.4m shares in less than a week. Slowly but surely the pressure on the MM to find stock, must eventually force them to up the share price in order to find sellers. To that end, if further buying during the remainder of this year maintains anything like recent levels, we could be saying good bye 40's, hello 50s, sooner than I thought. In addition to the attributed large purchases, collectively millions of additional shares have been bought by unknown persons/bodies.

[arphillips] 29/10/2013 18:09

Azalea, thanks for the regular updates.

I noticed the strong buying today and decided to top up for the second time within the last two weeks. Looking forward to some positive newsflow in respect of line 5.

[azalea] 29/10/2013 15:36

The tick up this pm on the back of a total of 400k+ bought this pm, no doubt precedes the imminent completion of the conversion of Line 5. Whether the company will wait to announce it when the commissioning is also complete in November (followed in December by Q4 results), is arguably an option . Regardless, the final outcome should see the share price nudge 50p. Next year, I am looking for 80p+ on the back of a 70% increase in Eps.

Edit: now 500k of buys.

[azalea] 25/10/2013 15:28

A net 700,000 shares purchased yesterday and today - so far.

EDIT:Not sure if the 1541hrs 200k @ 42p is a 'sell', because the indicated bid/ offer are both up again -41.5/44p, more importantly a dummy 'sell' of 10k fetched 41.97p. So either way the share price is bullish and the MM happy to buy.

[azalea] 25/10/2013 12:04

A 100k buy @ 42p this morning with a tick up on the bid and offer could finish off the week nicely and ahead of getting possibly official news of Line 5 conversion being completed and commissioning in progress.

Edit: Stone the crows another 100k buy this time @ 43p My top up this morning could have been well timed..

[azalea] 23/10/2013 11:40

One cannot blame some punters selling out on this mornings rise. However I believe they have not done themseves any favours. Given the 200k buy first thing this morning(x4 bigger than the largest 'sell' today), the buyer clearly did not do it on a whim and for that outlay clearly expects a tidy return. Whilst the multi million $ conversion must add notably to the NAV, the really big prize will come next Spring for all the reasons I have stated in previous posts. Meanwhile, pre end of year news should take the share price higher.

[azalea] 23/10/2013 09:57

MM finally cottoned on- the bid now 42p. 50p is my end of year tgt; that said, at the currenr rate it could be achieved much sooner.

[azalea] 22/10/2013 09:21

MM starting to take note of the constant buying, bid/offer 37.73/39.50p at a 52 week high. With Q4 results in December(expected to be an improvement on Q3) coinciding with the multi bilion dollar completion of Line 5, it will be goodbye to the 30's and hellow to the 40's.

[azalea] 18/10/2013 09:52

With no reportabe announcements reflecting several large purchases(all well up on the bid price) totalling 2.1m shares on 16/10, I suspect they were either made by private buyers, instis below the 3% mark and or existing major holders, whose existing holding did not warrant a declaration.

[azalea] 16/10/2013 14:32

A further 200k bought raising today's total so far, to 1% of the shares in issue; the purchases could be by A W Hamzah, or by other major shareholders who anticipate imminent good news from the company, and/or a predatory move by the former. More interesting by the day.

[azalea] 16/10/2013 11:35

It would seem the early morning 'buys' of today, have been followed up with a similar number of trades but of a quite different magnitude, totalling 1.9m shares. I expect to see an rns this week revealing who the buyers are.

[azalea] 16/10/2013 09:52

In perhaps a change from the norm, buyer are moving in much earlier in the day with purchases already totalling 70K, clearly interest is building, following the recent additional purchase of 4.95m by MR A. W. Hamzah. I suspect the lack of movement in the share price is due to the MM-7(?) waiting to see an rns announcing the conversion of Line5 and its commissioning being completed. Holding tight.

[azalea] 15/10/2013 16:24

A 50K buy @ 39p.

[azalea] 14/10/2013 15:57

The conversion of Line 5 should be completed by the end of the month and commissioning of the various stages before end of December. The latter will mark a major milestone in STCM history and will set the scene for a substantial rise in market share, cost savings, production levels, ptx profits and Eps, going forward.

[azalea] 08/10/2013 16:57

Hmmn, looks like another couple of 175k buys(one posted from yesterday), the other plus a 25k @ 38p,before the mkt closed today. The two 175k buys(38.1p & 38.13p) might be other directors topping up in the wake of Mr Azmi Wan Hamzah purchases.

[azalea] 08/10/2013 07:52

Cracking news on the already largest stake holder adding another 3.7m shares to the 1.25m he bought last week. Revenues for Q3 still ahead despite the inevitable disruptions to the conversion of Line 5, which is on schedule to be completed, commissioned and up and running by the end of the year. Given the the very significant cost savings and higher output levels forecast for 2014, is Mr Azmi Wan Hamzah preparing to making a bid?