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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
  -3.00 -6.06% 46.50 46.00 47.00 49.50 45.50 49.50 885,677 16:17:25
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Construction & Materials 54.7 9.6 3.7 12.5 102

Steppe Cement Share Discussion Threads

Showing 3501 to 3525 of 3900 messages
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DateSubjectAuthorDiscuss
07/6/2021
21:39
I am holding. Think it was an overreaction today. Will add at this level when funds allow
nik7907
07/6/2021
21:19
That's the share price for US Concrete and it has received a bid today. Concrete prices are set by local supply and demand, anyway, because it does not travel well. USCR's market cap is around 17 times its $76m operating income but it carries debt of $702m and paid interest of $46m. More here: Https://investorrelations.us-concrete.com/static-files/29679962-25ba-4c6b-8690-381e68565347
aleman
07/6/2021
20:23
hTtps://rambus1forum.com/wp-content/uploads/2021/06/uscr.pngNot sure how much exposure stcm has to the market price for concrete but it has just taken off
1hercule
07/6/2021
17:03
I think the issue is not with Steppe but with the wider Kazak building boom which is showing signs of slowing down despite Covid, adding Covid to the mix just speeds up the slow down.
danmart2
07/6/2021
16:20
im upset. I put an order to purchase @43 and it didnt fill. More so, i see that the price dropped to 43 for 6k shares and later ( confirm me if im wrong ) it dropped to 41.98p as shown in the yahoo page ( maybe a glitch )? So i didnt increase my size, damnit. Im very happy for a 9% return, especially in a solid stable company without debt and a company that will increase in future. 5.1p EPS is great ( this is USD, right? ) and 90% goes to dividends through the years. Cant find any safer play to put my money on, and since im older now, i am searchig for safer plays without much risk. BUY @ anything under 50 and sleep peacefully. regards guys.
xenomorph1
07/6/2021
15:56
Garry, Thanks for your comments personally i wasn't expecting an increased dividend and i can see how they arrived at 3.5p. My issue which might be nit picking is that there was no mention in the RNS of dividends and had to look elsewhere. Omitting this from the RNS seems very odd as it is one of the things most important to shareholders, would have thought it should have some prominence.
bisiboy
07/6/2021
15:24
I’m sure we’ll get another interim in November,capex is sensible,I think we’ll have a record year and looking at the report it’s the first time along with the dividend that there looking for acquisitions,so along with great value we might get some growth as well
andydaf
07/6/2021
14:46
return_of_the_apeman - is this a temporary income tax reduction? I didn't see mention of it in the accounts, other than stating a reduction to 15%..
king suarez
07/6/2021
14:45
I see, you are correct, apologies/thanks. I am confusing dates/timings.
king suarez
07/6/2021
14:30
FY 2019 no interim, final dividend 3p. Total 3p FY 2020 interim 1p, final dividend 2.5p. Total 3.5p
zangdook
07/6/2021
14:24
3.5p in total, yes, but last year was 4p total. So unless the interim is 1.5p or higher it is a dividend cut, whilst I had expected 5p full year, based on operating cashflow. That now appears to have been overly optimistic as I had not factored in increased capex spending - let's hope this spending improves margins going forward.
king suarez
07/6/2021
14:21
if you include the November interim dividend up to 3.5p in a COVID year,reading the annual report production guided this year to 1.75 million tonnes,sp reaction seems harsh so bought some more
andydaf
07/6/2021
13:50
KS, Suspect it was 1. Unplanned 2. Govt policy following Covid
return_of_the_apeman
07/6/2021
13:02
Am surprised that the dividend date was not mentioned
rahosi
07/6/2021
12:06
Looks like I was wrong about a few things. Capex spending is increasing: 1) More wagons purchased (and an increase in debt to pay for them) 2) various capex initiatives aimed at improving efficiencies and lowering costs 3) Dividend therefore not increased, and in fact lowered slightly. 2.5p final v 3p final for 2019. Couple of questions: 1) "Our local sales decreased by 6% due to milling limitations during two months of the high season" why? If due to scheduled maintenance, why not do this outisde of 'high season' where demand is lower? 2) "Steppe Cement's effective income tax rate has decreased to 15%. A big positive - but why?
king suarez
07/6/2021
11:31
Bisiboy, I don’t disagree with the sentiment but it appears to be the way they have always done. Concentrate on the annual dividend increase rather than just the final payment. Appreciate hopes/expectation was for more but still a very healthy yield with a share price that doesn’t reflect the value of the assets. Kind regards, Gary
gary1966
07/6/2021
10:57
What i didn't like was no announcement about the dividend in the results and having to find out through the AGM announcement. this doesn't strike me as being very shareholder friendly and i would of thought that a statement explaining the Lower Final should Have been made.
bisiboy
07/6/2021
10:30
blimey … bit of an over-reaction here this morning. 70 more rail wagons is a great development .. despite the 330 they bought in 2014, they have constantly been having to rent more so this will reduce that necessity down to just the peak season. Quite a bit in that report suggesting the company continues to implement improvements / drive economies of scale which will all have +ve impact on cost reduction.
mattjos
07/6/2021
10:07
Pretty solid performance imo. Not fazed by the selling.
plasybryn
07/6/2021
10:02
Interesting that interest on loans was $0.4m in H1 and $0.4m at FY so H2 bank interest was zero. Debt taken on for new wagons must have come very late in Q4.
aleman
07/6/2021
10:02
Looks like.....going forward.....we get a final and an interim divi.
11_percent
07/6/2021
09:54
i can take a loan at 4,9% and buy shares with 9% yield lol. Easy money!
xenomorph1
07/6/2021
09:50
so EPS increases by 16% and the stock drops by 16% LOL. Crazy, i will try to pick up some more shares today. Its possible for a 2.5p+1P ( or 1,5p interim ), so over 8,5-9% yield is super for me ( on these prices ) if i average down for the shares i bought at 25p, its well over 12%.
xenomorph1
07/6/2021
09:49
Glad this has found support, was beggining to think it would go to 35p (10% yield) Would have just had to add more
return_of_the_apeman
07/6/2021
09:45
I'm holding all except a few I picked up last week at 48 and put back this morning at 49.
zangdook
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