Steppe Cement Share Discussion Threads

[cheshire man] 26/7/2021 09:38

Can't keep a good stock down :-)

[jeanesy] 26/7/2021 09:19

Nice start again this morning :)

[lauders] 25/7/2021 02:07

Thank you very much Dovey21 and jeanesy! I appreciate the welcome and hope we do well together as we watch the news flow and reap the dividends while we wait.

Dovey - A wise move after SNG's magic Monday move! I still hold all my shares in them but not a significant holding compared to others, hence I just let it run. If we have another "magic day" there, and we may well have one if tea-leaves are being read correctly, I may well follow your example!

Have to also thank Mattjos for bringing my attention to both STCM and MBO on another board over the years. Better late than never, although at present I don't hold any MBO.

Good luck all!

[dovey21] 24/7/2021 13:28

Welcome Lauders. STCM is a gem. I put a sizeable chunk of my SNG magic Monday fortunes in here. I'm at 25p, 21p and some a bit cheaper iirc. This is a long term hold for me. Great yield and returns. Great to see you here..still relatively ignored but the fan base is growing weekly.

[mattjos] 23/7/2021 15:05

Yes, good steady consistent buying on each dip for some time now … this really should be trading more like 75p given the yield.
Bit of a slow burner but, don't doubt it will get there.

[farnesbarnes] 23/7/2021 14:27

Looks to be an ascending triangle / base building. If so, there could be a measured move upto circa 65p perhaps by end of year.

[eggbaconandbubble] 23/7/2021 11:48

If anyone's interested the single 'sell order' showing of 5000 was actually a 'buy' :-)

[jeanesy] 23/7/2021 11:20

Looks like good timing. Welcome and good luck with your investment.

[lauders] 23/7/2021 09:51

Joined you all the other day. Have been watching STCM and MBO but chose STCM in the end based on the great yield and potential long term growth. Like the lack of debt and needed something a bit more reliable that pays me some income while I waited. Most of my other holdings are no income companies and perhaps just a bit too erratic when it comes to the share price. Will consider adding dividends and profits (when/if I make any and sell to release them) into more STCM too, depending on price/performance.

[xenomorph1] 21/7/2021 18:59

Yes Gary i had a quick look on all of them. Ofc i didnt read Financial reports etc, but in just 5 minutes I saw loss in last year, i saw big loans also. STCM has none of those. Loan "free" (some will argue but if u have more cash than loan, you ARE loan free in practice ) and better p/e, lower book value...everything is better at STCM. Just to remind you i sold several days ago and now im back in with less shares.
They have solid yield but they are not as safe play as STCM. Regards,

[gary1966] 21/7/2021 18:33

xenomorph1,

With all due respect you clearly haven't had a good look at the companies mentioned if that is the conclusion you have come to. This is the STCM thread and so I will leave it there but just illustrating that there are other good companies out there that are offering very good yields at the moment. MNG would be another. Doesn't mean I don't have great faith in STCM and is why I hold 85K shares and is a core holding for me presently.

[xenomorph1] 21/7/2021 17:45

You cant rly compare those companies with STCM. STCM has net positiven balance, and other are full with loans, loss for the year.... Also, STCM has p/e of around 8-9, with great payout ratio.... others are way higher that that. So the least riskier is STCM if you want a dividend play.

[1hercule] 21/7/2021 10:19

They seem to have got some stock from somewhere. Buying at 46.8 for decent size

[gary1966] 21/7/2021 09:45

KS, resisted mentioning RAVP as fixed income but wholeheartedly agree. However I have recently sold my entire position in them to add significantly to my DEC and HSV positions as well as opening a position in CSN.

[king suarez] 21/7/2021 08:25

RAVP as well..

[gary1966] 21/7/2021 06:56

DEC for starters xenomorph1 and then IMB for seconds.

[xenomorph1] 21/7/2021 04:06

oh thank you mattjos, my first big purchase was at 25p, couldnt pull the trigger at 18, dunno why xD but after that i added again at 48 and sold all before divind with solid profits. I dont want to be out, i sold because of taxes on dividends, and now im slowly back in. Imho, at this price its a guaranteed 8-10% yield annually, where can you find that kind of return elsewhere?

[mattjos] 20/7/2021 18:05

Well played xenomorph .. still holding all mine form the 20's, 30's and 40's

[xenomorph1] 20/7/2021 15:37

im partially in. @47.5p. Not as big as i was, but im back in. Im fortunate to get in-out-in with solid profits, avoiding taxes in just a couple of days etc. I really hope this goes further below so i can get in more and back to my previous position, maybe even more. Next buy at 43p. And after at 40p and under ( i sure hope so it gets there ). Then i will have more than 10% yield p.a. without moving a finger. NICE!

[wilo101] 20/7/2021 12:12

Time to buy whenever the doldrums of winter or summer come.

[eggbaconandbubble] 20/7/2021 11:10

FFS! Blocked. Prat!

[constable ken] 20/7/2021 09:26

Oh, so Willy Wonka established the entire system for listing Malaysian companies on AIM? But somehow he forgot to tell the company about his mystical non-existent "ADR"s when they were writing their AIM admission document. And he forgot to tell the share registry when they issued share certificates. I guess he was too busy being the King of France and inventing the internet to explain it to them.