Steppe Cement Share Discussion Threads

[wilo101] 10/8/2020 15:07

We think just a slight typo, of course the correct position is "maintained", not raised. But for Covid-19 it would have been raised, and there would have been an interim, let's hope that eventuates for FY2020, due July 2021, fingers crossed.

[constable ken] 10/8/2020 14:02

wilo101

As I thought I made clear, Mattjos's statement is referring to payments made in the current year, contrasting STCM with the many companies which have cut their dividends because of the pandemic. His statement that STCM has raised its dividend is false. He didn't say "it raised its dividend a couple of years back". He didn't say "it would have raised its dividend but for the pandemic". Here's what he said:

"Contrary to majority of companies who are reducing or completely halting dividend payments, STCM has raised its dividend."

This sort of dishonest misrepresentation is a blight on advfn. There are a lot of people who are influenced by what they read here. Of course they should do their own research, but that doesn't excuse dishonest ramping. Can't people find good things to say about Steppe without making up lies?

[goldry] 10/8/2020 13:52

Ditto, thieves and rascals

[user2007] 10/8/2020 13:03

Wilo was the interim divi suggested by the co ? I remember a few discussions here but cant recall anything officially communicated.Thanks.

[wilo101] 10/8/2020 12:39

Constable Ken, STCM reinstated its former dividend at 1p a share in 2017, from zero in the prior years, to 3p in 2018, which was maintained in 2019, and would have been more, including with an interim but for caution due to Covid-19, as the company is in a good place, and very good financial shape.

[zangdook] 10/8/2020 12:02

still no dividend from IG.

[goldry] 07/8/2020 10:28

Be nice to have the divi, phoned IG who told me they haven't received the money yet!

[constable ken] 07/8/2020 09:26

"Contrary to majority of companies who are reducing or completely halting dividend payments, STCM has raised its dividend."

Two lies.

1. The majority of companies have not reduced or halted dividends. This page lists 449 such companies, out of well over 2,000 listed on the LSE.



2. STCM has kept its dividend at 3p, the same as last year.

The first lie may be careless rhetoric, but Mattjos is certainly aware that STCM did not raise its dividend this year. I suppose he'll say "oh but it raised it some other year, in the past". Balls. You're talking about this year, in the context of other companies cutting dividends.

[wanobi] 07/8/2020 07:52

yep, agreed Mj, cheers Wan :-)

[mattjos] 06/8/2020 22:26

I too am keeping the faith here and have been adding.
For whatever reasons, this is so stupidly cheap & I just cannot ignore that.
The rest of the world may be happy with Zero or less than Zero yield on its capital but, I am certainly not.
Contrary to majority of companies who are reducing or completely halting dividend payments, STCM has raised its dividend.
Mkt cap would still be ridiculously cheap were the shares at 50p .. at under 24p to buy.
There seems to be a gradual increase in volume here since April this year which does suggest some growing interest.

[user2007] 06/8/2020 14:33

Ok my divi reinvested. Now a slow gradual rise will do for me until we reach the mcap suggested by the director in the anual report ... :)

[tradeforce] 05/8/2020 12:34

Edit. Double post

[tradeforce] 05/8/2020 12:33

Zangdook,

Thanks very much, found it now, not very clear unless you know where and how to look.

[chrisalis1] 05/8/2020 12:20

Have received divi from EQI this am too.

[zangdook] 05/8/2020 12:00

History / Transactions / All
It should show up on the ex-date which was 16 July I think

[tradeforce] 05/8/2020 11:32

Hi Zangdook,

That's what I thought, but I cannot find any notification of the payment on the platform, any Idea where it may be hiding and how you are notified of the payment?

Cheers...

[jatin724] 05/8/2020 11:21

Just got an email from EQi (selftrade) stating div paid into accounr this morning

[zangdook] 05/8/2020 10:32

Spread bets pay on the ex-dividend date, so you should have had that a while ago. IG have always been prompt with spread bet dividends for me. It's the actual shares I hold with them which they take a long to time to pay out on.

[tradeforce] 05/8/2020 09:49

Thanks for the heads up Goldry

[goldry] 05/8/2020 09:43

I'm still waiting for IG. They are always slow with dividends, but even slower than normal with this one. Last year it was credited a week after the payment date.

[tradeforce] 05/8/2020 09:38

At last a little movement in the price..

I have core holding in my ISA with HL and have had the divi on Friday, but I also have a small spread bet with IG and have not seen any divi there. Not held any shares in IG that have paid a divi before so not sure how that works and how it appears, anybody got an idea where the divi is or wher I should look for it?( its only £30ppp so not significant, buit every little helps)

Many thanks in advance...

[mattjos] 04/8/2020 21:12

crazy, is it not? The Herd is dashing for US Bonds - 10Yr at 0.5085%

Just wait when that reverses! The exit doors won't be either wide enough or plentiful enough

[wilo101] 04/8/2020 15:28

7p paid out now for 2017 through 2019, when will people start to give credit where it’s due, and all tax free due to the great structure designed and created in 2004 which has stood the test of time, hopefully people will appreciate the diamond in the rough this is

[goldry] 04/8/2020 15:22

Just checked last years dividend and it took IG a week to credit. If it's the same this year it won't be in until Friday 7th

[darly mcfarly] 04/8/2020 11:22

Divi all good. Happy to top up with Degiro now.