Steppe Cement Share Discussion Threads

[farnesbarnes] 06/1/2022 10:01

Putin will sort it out. But it will be Europe paying the price.

[wanobi] 06/1/2022 09:32

Putin will sort it out, always does :-)
Cheers
Wan :-)

[jon4567] 06/1/2022 09:28

The unrest in Kazakhstan will eventually blow over and the share price will recover. But I expect the worst is not yet over..

[finctastic] 06/1/2022 06:09

Apparently setting fire to the presidents house makes fuel cheaper. #logic. Boris beware.

[farnesbarnes] 05/1/2022 21:10

Wilo? Ah, tinternet. Hope he's alright.

[aleman] 05/1/2022 17:50

Seems to be all kicking off and far from all being about fuel prices. Reports of shooting at the military and president's home set on fire.

[pjmurf] 05/1/2022 16:57

Doesn't seem to be calming down over there.hxxps://t.me/dailyaz/7882

[spawny100] 05/1/2022 14:43

Reports now of Internet blackout and TV channels down. Not sure how true they are.

[andydaf] 05/1/2022 13:43

This year there will be political and economic risk everywhere and that includes the western economies.Lack of joined up thinking and a headlong rush into green policies without a thought of the consequences is resulting in a energy crisis that will last years.Russia has grown strong again under putin,love him or hate him a master tactician light years ahead of anything the west has to offer.Interesting times ahead i am sure and if you can pick the right investments there will be every chance you can make outsize returns.As always GLA

[farnesbarnes] 05/1/2022 13:08

Never underestimate political risk. If the Kazak govt have been subsidising certain forms of energy and this has now come to an end, the knock on inflationary pressure could put the brakes on the economy. This could be the precursor to a difficult year globally.

[andydaf] 05/1/2022 11:58

Kazakhstan will not be the last to see political trouble due to high energy prices.how ever the president has been swift to reverse lpg price hikes and i expect the troubles to dampen down.Going forward i dont see how its going to effect steppe too much,the plant is well away from the trouble hotspots and its deep winter so cement sales are massively subdued anyway.Going forward it may well be a positive as the troubles will encourage the state to increase infrastructure expenditure.GLA

[elpirata] 05/1/2022 10:56

thanks 11_percent, just picked up 25k before the bid went up to 43p, will go again if it goes sub 40p, which I very much doubt

[11_percent] 05/1/2022 10:53

Have sold a pile of shares......will buy back when things become clearer.....spawny beat me to it.


This could be a good opertunity to get a very high yield.

[plasybryn] 05/1/2022 10:39

The protest is of no consequence to STCM surely? As you say has created an unexpected buying opportunity.

[fozzie] 05/1/2022 10:23

What a wonderful opportunity to pick up more shares, I love these macro blips, nearly always comes back to previous highs when situation becomes clearer.

[jeanesy] 05/1/2022 10:13

I think you spoke too soon , price taken a dive now !

[spawny100] 05/1/2022 09:28

Yes I'll definitely monitor and look to buy them back as I like this share but not keen on potential risk there at the mo. My sell isn't showing up yet.

[danmart2] 05/1/2022 09:24

Spawny100

Govt situation is interesting, protestors appear to have genuine gripes.

Worth monitoring.

[spawny100] 05/1/2022 09:09

Sold a chunk of mine here and will wait for the situation to stabilise and look to buy them back. Surprised price not been hit yet, same with CAML.

[spawny100] 05/1/2022 09:04

A little worrying reading about the protests and government resignation in Kazakhstan. Likely to affect STCM?

[mattjos] 31/12/2021 09:18

like most other nations, national infrastructure will be used as a means of 'Building Back' post-pandemic.

[wilo101] 31/12/2021 08:23

The Big 4 are all buying, and so is the smart money. The Government have announced the end of pension fund access for real estate in 0422 as the market has got too frothy.

[andydaf] 31/12/2021 07:24

At the start of this year i felt steppe would have a record year.With oil prices firm i feel next year will be good as well.Steppe is a well run plc doing what a plc should, generating profits and returning the profits to shareholders.So all that remains is to wish everyone a healthy and prosperous new year and i am sure we are all looking forward to the hefty dividend in july.GLA

[plasybryn] 30/12/2021 15:22

What rattled our cage today? Not complaining.

[mattjos] 30/12/2021 12:30

I've followed STCM for over 12 years now & for as long as I can remember, Cantor Fitzgerald (CFEQ) have been on the order book and have been consistently biased to selling the stock. For whom, why & how many, I have no idea but, I've long ago concluded that this has been the reason the price has been so depressed and out of kilter with the underlying metrics of the business.

Cantor have not been on the order book here now for 2-3 weeks .. just disappeared. They appear on order books (as usual) of other stocks I monitor so, I am now quite hopeful that the share price will finally now re-rate to something more sensible & aligned with what the business should be worth - at least 65p, imo.