Steppe Cement Share Discussion Threads

[andydaf] 28/6/2021 20:27

If the second quarter is as good as the first where cement sales were up 13% and revenue increased 22% i would imagine wilo is totally correct.Market update on the seventh should reveal all.record year could be on the cards here .GLA

[zangdook] 28/6/2021 16:22

not yet announced

[wilo101] 28/6/2021 16:02

apparently, first 6-months has been much better than expected and budgeted and so far the year looks good.

[mattjos] 28/6/2021 16:00

ex was 16th July last year & Payment 31st July

[xenomorph1] 28/6/2021 15:47

When is the ex-dividend date? Or will be announced on the meeting?

[andydaf] 26/6/2021 11:43

We will get a market update for the first half,last year steppe sold@764000 tonnes at around 18000 tenge delivered,off the back of this update we should be able to make a educated guess of how good the interim results are going to be

[wilo101] 26/6/2021 11:43

Look at the RNS's for each of the last years after the AGM's, will follow the same pattern and templates.

[jeanesy] 26/6/2021 11:20

Are we likely to get any sort of an update or a statement with the AGM other than all resolutions are passed ?

[andydaf] 26/6/2021 10:53

Coal price will have increased but if the plant has been running at capacity interim results should be good.With the oil price recovery one would have thought the tenge should appreciate or at least hold its own against the dollar now.Usually this share gets bashed at ex divendend date and results no matter how good they are.It will be interesting to see if it happens again this year.GLA

[gary1966] 26/6/2021 09:38

Average cement price was KZT18750 last year and so that is a nice increase that should mainly fall through to the bottom line. Little depreciation of the KZT this year also a positive.

[wilo101] 26/6/2021 03:17

Time to accumulate, especially if there is an ex-dividend dip, too.

[andydaf] 24/6/2021 11:59

kazakhstan record cement production may 2021,cement price increased to 20000-22000tenge per tonne,import ban on cement in place,whilst some were disappointed by the full year dividend the business should be performing well imho

[jeanesy] 23/6/2021 20:47

Price could fall further so the yield of 8.5% is only if the price stays as it is .

[xenomorph1] 23/6/2021 18:57

man, im triggered to pick up some more shares at these prices and retire early....8,5% ( on 3,5p dividend expected 2021 ) is yummy!!!

[wilo101] 23/6/2021 15:34

Yes, last year's interpolate for this, but will probably be paid much earlier

[kevph] 23/6/2021 15:04

Odd how I'm hearing everywhere that the cost of cement is rising, and yet this is heading south. Ho hum, someone will be right!

[zangdook] 23/6/2021 14:17

Aren't those last year's dates? Ex-dividends in London are on Thursdays.

[wilo101] 23/6/2021 12:44

Ex-Dividend Date 16 July
Record Date 17 July
Payment Date 31 July, but will be earlier

But for FX losses and Kz Tax and accounting issues the dividend would, indeed, have been much higher, as the cash is there.

[constable ken] 23/6/2021 12:23

The "definitely broken past 50p now" brigade, previously known as "at least 5p dividend, probably 6", have gone very quiet.

[11_percent] 18/6/2021 23:28

wilo, cheers.....so, not long to wait.

[fozzie] 18/6/2021 14:16

Twenty per cent drop from recent high negates the dividend but no doubt we will drop again on ex div.

[wilo101] 18/6/2021 13:02

Good time to buy, of course, last years' timetable as announced on 9 July 2020 after the AGM, which this year occurs on 7 July 2021 was:

Ex-Dividend Date 16 July 2020
Record Date 17 July 2020
Payment Date 31 July 2020

[11_percent] 18/6/2021 12:24

Down through the 50 day.....

[king suarez] 18/6/2021 12:03

Last year final dividend was paid on 12 July..

[11_percent] 18/6/2021 12:02

When is the divi likely to be paid guys.