Steppe Cement Share Discussion Threads

[eggbaconandbubble] 20/7/2021 05:59

xenomorph, I suggest you first get up to speed on what is happening in all the world stock markets.

[xenomorph1] 20/7/2021 04:17

price down to 48p. I expected this after ex-dividend but not by this much. I like it. I hoped to add under 50p, now i got the chance and i will take it! I hope i can get in at 44-45p range and sleep well on this short and long term.

[eggbaconandbubble] 16/7/2021 14:30

Ok. take one egg, make a hole in one end with a long needle and stir around until the yolk is broken. Then take the needle out, make a hole in the other end, put your head back and suck the contents from one end or the other!!!

LOL.

You've had your comeuppance there Constable!

[wilo101] 16/7/2021 13:53

CK, I was the architect of, designed, procured and set-up the entire structure from scratch, so do not try to tell me how to suck eggs my friend......

[constable ken] 16/7/2021 13:23

Except there are no such things as ADRs here. There are shares, held by certificated holders, and for people who hold via CREST, Depository Interests ( 'DI', not 'ADR') representing those shares.


Shares held on the Labuan registry cannot be traded on AIM and similarly, Shares and Depository Interests held on the UK registry cannot be traded in Labuan.

12 Admission, Settlement (CREST) and Dealings
CREST is a UK computerised paperless share transfer and settlement system, which allows shares and other securities, including depository interests, to be held in electronic form rather than in paper form.
The Company, through its UK Registrar, Computershare, has established a depository whereby Depository Interests, representing Shares, will be issued to Shareholders who wish to hold their Shares in electronic form in CREST. The Company will apply for the Depository Interests which represent Shares to be admitted to CREST with effect from Admission. Accordingly, settlement of transactions in Shares following Admission may take place within the CREST system if the relevant Shareholders so wish. CREST is a voluntary system and holders of Shares who wish to deal on AIM and receive and retain share certificates will be able to do so.

...the Shares will trade on AIM

...Any agreement to transfer, or any transfer of, Shares registered on the Company’s UK branch register will generally be subject to UK stamp duty or stamp duty reserve tax at the rate of 0.5 per cent of the consideration for the transfer.

...and so on and so on

www.steppecement.com/images/pdf/stcm_admissiondocument.pdf

[wilo101] 16/7/2021 08:05

if one adds back all of the dividends the real price, today is about £0.60p per ADR and counting

[xenomorph1] 15/7/2021 16:23

As expected, the price dropped more than the divi. so i sold at 54p and now is 50.5p...i can get in now, but i will wait abit, expect under 50p and will buy all that i sell, maybe even more!

[eggbaconandbubble] 15/7/2021 10:04

I agree, but always good to remind peeps to explain why a sudden drop in price.

[wilo101] 15/7/2021 09:06

Going ex-dividend is irrelevant, really, in the big picture and situation, on any measure STCM is grossly undervalued and much over-looked, by the market, Warren Buffett and Charlie Munger would agree as it is a great business.

[1hercule] 15/7/2021 08:11

ex-divi today

[stun12] 14/7/2021 16:04

Don't blame you if you have tax issues. I have about 60k across ISAs and SIPPs for me and the missus and the kids' Lifetime ISAa. They're all tax free, but having enjoyed the run from 39 to 53 last time (and sold), and getting back in at 46, I'm wondering what to do. It does seem to have some momentum currently though, so may hang on for a bit. I don't think people are buying for the upcoming divi.

Watch it go back down now...

[king suarez] 14/7/2021 15:59

I am holding you personally responsible for the 1p drop this afternoon then xeno, and subsequent 1.8% drop in the value of my shareholding - please send a cheque in the post..

[xenomorph1] 14/7/2021 15:24

i must say i sold my shares, 30k of it total, today. Not because i dont like the company any more but because of the dividend and the taxes i need to pay in my country and i want to avoid that. I think its better for me liek that.
I will try to get in asap from monday, hopefully i can get price under 50p per share.

[mattjos] 14/7/2021 14:10

nice and quiet here still

[wilo101] 14/7/2021 12:38

Look at the chart since January 2021, does that not show and tell you, very clearly, where we are heading, and prove the trend?

we are merely back to where we were 10 years ago, and the peak before that was £4.20p....

[eggbaconandbubble] 13/7/2021 23:35

wilo, that would be fantastic, but why are we still hovering around half that figure???

[xenomorph1] 13/7/2021 20:49

tomorrow is the last day to buy to get the dividend 2.5p.

[gary1966] 13/7/2021 17:32

Just under 7% with 3.5p dividend pa but reasonable expectation that it could be a little more this year with increased output and efficiencies. Replacement cost of plant and equipment exceeds current market cap by a margin.

[starpukka] 13/7/2021 17:10

What's the current yield here ?

[wilo101] 13/7/2021 11:10

Should really be GBP1 per share, minimum.

[jeanesy] 13/7/2021 10:51

Making nice steady progress here .

[wilo101] 10/7/2021 06:33

Capex planned should effect a 100-150000 tpa increase,

[eggbaconandbubble] 08/7/2021 18:16

Was that 4pm KL time or BST?

Do they have a recording of the AGM that can be viewed on line?

[king suarez] 08/7/2021 18:06

Any interesting comments come out of the AGM that might help inform the investment case here?

Thanks