Steppe Cement Share Discussion Threads

[cheshire man] 01/8/2021 09:44

Whatever you do the % yield here is very comforting :-)

[gary1966] 01/8/2021 09:17

wilo101,

Depends what stage of life you are at. Some of us need them to feed us and pay the bills!!

[wilo101] 01/8/2021 07:13

Dividends should be reinvested, given the absence of a DRP,FY2021 is a fine, fine year and so the interim and next full dividend should be very good.

[drdre] 30/7/2021 20:33

Mine has been received via II. Does make you consider just lumping your lot in here and letting compounding do its thing or take a decent dividend. Risk management obviously dictates neigh.

[goldry] 30/7/2021 19:30

Just seen Gary1996 post. Apologies for the duplication1

[goldry] 30/7/2021 19:27

Surprisingly mine was in my IG account mid morning. In the past it has taken up to 10 days for STCM. IG do seem to be getting better with divi payments.

[wilo101] 30/7/2021 15:46

Traversing the multiple layers of nominees, custodians and sub-custodians most people hold through, and use often takes time, but the value date is 30.07.21, and the company put funds in train several days ago

[1hercule] 30/7/2021 15:29

nor me stun

[stun12] 30/7/2021 15:14

Not at AJ Bell yet.

[cheshire man] 30/7/2021 15:11

Yes I'm with II

[plasybryn] 30/7/2021 15:09

Yes with Hargreaves Lansdown

[1hercule] 30/7/2021 15:05

anyone else had their divi?

[gary1966] 30/7/2021 09:22

Well IG really have improved their dividend paying times, mine in the account by 08:02.

[eggbaconandbubble] 27/7/2021 16:11

zzzzzzzzzzzzzzzzz!

I'll pop these into my 'Rip van Winkle' portfolio!

[mattjos] 27/7/2021 09:56

Who knows the logic or actions of other Buyers & Sellers.
I get the SEB House reports every month and they flip-flop one way and the next all the time with their overall strategy so, don't think we can read much into their view of the world.
For now, the market will re-rate the stock according to the Yield & that's higher than now. Thereafter, we'll see how the business performs & if profits and dividends increase in the years ahead.
It's a pretty simple business to understand, is being very well run & for whatever current combination of reasons, is not valued appropriately. Keep buying while its cheap seems a sensible conclusion to draw and that is pretty much what investors are currently doing.

[eggbaconandbubble] 27/7/2021 08:00

F.A.B. Mr Tracy! The seller is obviously SEB. It begs the question - why are they selling? But that is their business/concern.
What I don't understand is why another large shareholder doesn't just hoover up(or make an offer for) SEB's remaining circa 4% or just the total amount that SEB want to get shot of?
8.7million shares - £4.25m must be a round to drinks to Abu Hanza or whatever the big shareholder is called. Wam Hanza.
I'm happy to accept the fact that I could be naive about this or just plain stoopid, but it does appear to be illogical.

[mattjos] 26/7/2021 19:54

There has been a sizeable seller here for at least 3 years now but, the buying is outgunning them & rightly so.

[eggbaconandbubble] 26/7/2021 19:17

OK, but if there is a significant seller the price won't increase - supply and demand theory!

[mattjos] 26/7/2021 18:47

Supply has to come from somewhere

[eggbaconandbubble] 26/7/2021 17:32

Does that last trade - sell 108k suggest there is a big seller out there still, which I suppose is holding the price back?

[eggbaconandbubble] 26/7/2021 12:59

I would have smoked them before I got on the plane!

[dovey21] 26/7/2021 12:34

I got offered a couple of Camels for my Misses when in Saudi!.. I've never been so offended!..I mean..how can they expect me to get 2 Camels on the aircraft!? ?

[farnesbarnes] 26/7/2021 12:16

Eggs: I'll give you 50p and a pound of grapes.

[wilo101] 26/7/2021 12:03

Better to sell the wife and not STCM, slavery sounds a good idea in a faraway place, as used to be said of Glaxo, never sell STCM....

[eggbaconandbubble] 26/7/2021 11:26

Got a hunch! Maybe a good time to sell the wife into slavery and top up big time!