Steppe Cement Share Discussion Threads

[return_of_the_apeman] 31/10/2022 09:42

Looks like the golden cross will occur in approx 10 days

Gla

[eggbaconandbubble] 29/10/2022 07:57

Reported to ADVFN!

[danmart2] 28/10/2022 18:22

Tuesday onwards we should get some clarification on the dividend

[wilo101] 28/10/2022 12:48

Hovering around 40p each finally, but more to go, 2022 will be a very good year as the construction boom continues and Russians are flooding in

[eggbaconandbubble] 27/10/2022 16:05

Pausing for breath?

[gutterhead] 26/10/2022 12:43

Dividend….seeing is believing

[danmart2] 26/10/2022 12:38

No one will sell pre dividend

[bluemango] 26/10/2022 11:48

Selling quote just now, 39.355p.

I've never understood why they often show an artificially lower bid; fair enough if it was 39p/41p as you'd expect to trade within the spread, but wrong by over 1p just seems misleading & pointless.

[return_of_the_apeman] 25/10/2022 16:14

If it closes at 39.5p less patience required :-)

77p return is basically a double from here

*hopefully

[danmart2] 25/10/2022 16:10

Patience required

[eggbaconandbubble] 25/10/2022 14:20

I'm no expert chartist, but that says 'breakout' to me!

[return_of_the_apeman] 25/10/2022 13:25

Healthy backrest of 39/40p; guess a few will wait until this closes above 39p before topping up :-)

[bluemango] 25/10/2022 10:45

Agree.

Looks a steep rise, until you realise 5p in next few weeks would equate to near 12% given back to you (at 42p offer price).

Followed by the same again, possibly more, in around 8 months' time.

[return_of_the_apeman] 25/10/2022 08:41

Yeah and just 7500 shrs left at 39.99p left to buy; could be another good day as this re-rates to fairer value

By fair value, 66p for starters is what I have. At that price would be a forward yield of 9% come the summer next year and excludes the 11p in dividends expected by then

The dividend announcement in Nov should do most of the hard lifting of the share price imo

66p looks fairly undemanding given they are still making progress year on year

Dyor :-)

[rahosi] 24/10/2022 16:10

Just did a 10K TEST sale 38.522

[bluemango] 24/10/2022 08:58

Ignore the shown drop in bid, btw.

Can sell for 38.255. Edit: and creeping upwards since.

[danmart2] 24/10/2022 08:51

So next Monday is the earliest we can expect confirmation of the dividend

[elpirata] 21/10/2022 17:21

they guided 'November' without being any more specific so it could come anytime within that window, ie as opposed to a stock with a set annual divi calendar, Im sure prospective buyers will be aware, hence the current strong uptrend.

[danmart2] 21/10/2022 16:59

Around 2 weeks until the dividend is confirmed?

[elpirata] 21/10/2022 16:26

window of opportunity before divi announcement rapidly closing, should be on a flyer to 50p in the next 2 weeks

[return_of_the_apeman] 21/10/2022 11:11

To me the chart says resistance at 39p but order book says resistance is very weak with just 33,000 shrs available to buy below 39p. This might get back in the 40-60p box today with some very light buying where 40p then becomes support

We shall see

Gla

[stun12] 21/10/2022 10:57

Previous resistance at 45p first, but looking lovely today in a sea of red.