Steppe Cement Share Discussion Threads

[azalea] 17/2/2014 17:17

The 19% devaluation of the Tenge against the U.S dollar, coupled with improved efficiencies and a 60% increase in capacity should see STCM virtually knock increasngly expensive foreign imports on the head and grab the tonnage for itself.

[azalea] 14/2/2014 11:12

I have added 4200 @ 42p. Spring is getting closer and at this subdued level I could see Mr Hamzah increase his stake even further.

[temo82] 06/2/2014 07:52

Januwary update on Line 5 now on the company's website.



"RM-2 is already producing the raw meal and filling the silos."

"RM-1 final gas ducts installation in progress with target to run the mill by 3rd wk. Feb-2014"

[azalea] 31/1/2014 08:08

News of a purchase of 1,000,050 shares by Azmi Wan Hamzah to take his stake to 25.1% is very good news for two reasons, (a) the programme to complete line 5 must be progressing well (b) the continuing stake building could ultimately lead to a bid.

Looks like someone picked up a cheap 30k@ 44.5p

[azalea] 30/1/2014 09:07

Now with the country in the depths of winter with temperatures circa -30c, I would not be surprised if the completion of the final stages of Line 5 was awaiting warmer weather. However, I see no problem in that, especially as there won't be any cementing laying activities at those temperatures. All to look forward to in the Spring and beyond.

[azalea] 23/1/2014 14:58

14:25. 200K BUY @ 47p

[azalea] 23/1/2014 12:14

12;08. 100K BUY @ 47.25p. going to pop soon.

[azalea] 22/1/2014 17:12

A rollover of 150k @ 47.25p looks encouraging.

[temo82] 21/1/2014 17:00

Azalea,Agree it is looking promising. I'm already looking forward for the Q1 update :)

[azalea] 21/1/2014 14:51

If the various stages listed in the latest update for execution are completed successfully, then STCM should be all fired up to catch the progressive increase in orders as the weather improves. This year should mark the beginning of successive years of rising revenues,Ptx & Eps.

[azalea] 17/1/2014 16:21

Looks like yet another 1m+ rollover @ 47p. I would love to know who and what is behind these trades.

[eggbaconandbubble] 16/1/2014 20:44

Thanks Temo, I will read about the cement industry in the Customs Union soonest and take on board your comments added to azalea's.

[azalea] 16/1/2014 09:01

In January 2011, Preliminary figures for FY 2010,were revenues 10,740m Tenge(KZT), sales volumes 1,156,130 tons, share price 54p. Its historic high was circa 85p. I see no reason why this should not be achieved in 2014.

Temo has added some important data which ties in with my general statement of being an under developed country. STCM could be another West China Cement (WCC) in the making, which I rode on from 72p to the 400p+. It delisted from Aim in order to list in Hong Kong.

[temo82] 15/1/2014 23:49

EBB,

The Cement industry in Kazakhstan is very promising, increasing demand and prices is expected to last until 2020:

- US$14.6 billion allocated for housing construction as part of the Affordable Housing 2020 program.

- US$19 billion allocated for developing the road network.

source: "Overview of the cement industry in the countries of the Customs Union" Link:

For Steppe Cement, 2014 is very promising year:

- two new cement production lines will be commissioned

- significant production cost savings for the dry lines

Increasing demand pushing cement prices up, coupled with increasing production and anticipated cost saving makes this hot IMHO.

Temo

[azalea] 15/1/2014 18:02

EBB
In which case, in conjunction with my posts you should already know most of my reasons for investing in STCM. However, at the risk f repeating myself I will put up some bullet points.

1. Huge, under developed country,large energy resources,borders several other Central Asia countries.
2.Last year Cameron visited and signed a £1bn trade deal with its somewhat autocratic leader/government.
3.Close to completing its multi million dollar long term dry conversion of production line 5, Line 6 is also a 'dry' conversion.
4.Recently completed its own costs saving sub power station with a direct connection to the state electricity supply.
5.3&4 together should result in a notable reduction in production costs, 60% increase in capacity in 2014. A combination that should beat its competitors at home and abroad.

A call to tea, interrupts the flow.Any questions?

[azalea] 15/1/2014 13:52

EBB
I will come back to you later today. What/who do you use to access market data in depth?

[eggbaconandbubble] 15/1/2014 12:42

azalea, you seem to be the one man PR dept here.
Can you give me something convincing or tell me where to find the reasons for getting involved with this co. Much appreciated if you can. Might make the price go up too :-)

[azalea] 15/1/2014 12:00

Some significant trades @ 47p, given the same timing of 11.41hrs. At that price not sells.

[azalea] 15/1/2014 08:23

Excellent financial news despite the dispruptions,completion of Line 5 in a matter of weeks, ready to grab a bigger share of increased market demand as milder weather returns. 2014 will see STCM make significant progress on all fronts.

[eggbaconandbubble] 15/1/2014 08:09

Dull update, dull product, dull market, dull country*. May be this is where I should be investing!

* I imagine. Not having been.

[azalea] 09/1/2014 16:49

Two sizeable buys of 140k and 150k @ 46p & 46,5p respectively, not exactly small change; they could herald a positive report on Q4 and even an update on Line 5.

[azalea] 07/1/2014 17:02

A single 100k buy @ 46p this morning could not have been an idle gesture.

[azalea] 02/1/2014 15:28

eggs
Just got back on line after a humungus problem, fortunately my son is a very clever IT man, and sorted it out. Phew

Demand is rising. Efficiency and electricity cost savings should as intended beat foreign importers hands down. Given the punishment meted out to the criminal fraternity, it would be seriously risky being in a cartel of any sort,let alone getting caught price fixing.

I see another two pairs of largish trades @ 46p.

[eggbaconandbubble] 01/1/2014 18:56

azalea, good posting!
What chance is there of an over supply in the market?
Steppe states on its website that they are the lowest cost producer, but that doesn't stop it being effected if a price war breaks out.
On that subject, how much of a price fixing cartel exists out there?