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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Steppe Cement Ltd | LSE:STCM | London | Ordinary Share | MYA004433001 | ORD NPV |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
-2.00 | -9.30% | 19.50 | 19.00 | 20.00 | 21.50 | 19.50 | 21.50 | 365,431 | 15:09:52 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
Cement, Hydraulic | 86.73M | 17.78M | 0.0812 | 2.40 | 42.71M |
Date | Subject | Author | Discuss |
---|---|---|---|
10/11/2022 09:22 | Folk will, of course, fixate on the dividend but most will completely miss the fact that the business and it's assets are trading at ridiculously low levels. There is a cracking company here is that is throwing off cash and growing nicely. The Kazakh economy is going to do very, very well in the years ahead. As wilo has pointed out, a large influx of predominantly male Russians has recently arrived and their family members will soon follow. This is going to put quite a lot of upward pressure on the housing and infrastructure of the country and those two sectors are voracious users of concrete. | mattjos | |
10/11/2022 09:19 | 5p/47p/22days*365day Or since you only need to hold until ex-dividend, 5p/47p/7days*365days = 554% equivalent annual yield I don't think it's very meaningful to calculate an annual yield based on adding two years' dividends together, just before it goes ex for the first. | zangdook | |
10/11/2022 09:12 | Well, a bird in the hand is worth more than two in the bush. And a dividend declared is worth a lot more than a dividend promised but delayed and snared up in corporate tax niceties. So what is STCM worth this morning? Company is stable and well-run. Current trading and outlook is good. Other than this year's delayed dividend (5p), we should be looking at another 5p - 6p dividend next July. Based on the numbers, I'd expect the share price to rerate into the low 60s on this news. But the free float here is very low, and AIM is unpredictable, so if this "runs", it could go much higher. | tigerbythetail | |
10/11/2022 09:11 | Bluemango I calculate it as 10p/47p/8months*12mo Expect 11p though as fundamentals are improving here Can't believe this is still totally under the radar 2nd on the top riser's leader board, no press coverage today and no new posters here What time do tipsters sharpen their pencils these days?? If there are any new lurkers frantically doing research and wanting to ask a few questions, fire away, we are a friendly bunch | return_of_the_apeman | |
10/11/2022 09:00 | Edit: Got my sums wrong! 10p dividend (possibly more) within just 8 months at 47p buying price, is equivalent to an annualised yield of 32%. In a reliable, successful and likely revenue-growing business. | bluemango | |
10/11/2022 08:42 | #5095 "Still over 10% Yield in 8 days time at full Offer price" And likely to be the same dividend or more, just 8 months after that! Absolute no-brainer, firm hold. | bluemango | |
10/11/2022 08:41 | The resistance on the chart at approx. 62p has to be the first short term target here At 62p the equivalent annual yield would be 23.7% and the forward yield from July next year being 9.7% for this very fundamentally solid but boring business I expect the fundamentals can support a higher price than 62p, we shall see | return_of_the_apeman | |
10/11/2022 08:36 | Bought a few more.......better late than never......is what happens when you have a long lie. | 11_percent | |
10/11/2022 08:35 | Still over 10% Yield in 8 days time at full Offer price. Some folk are truly stupid | mattjos | |
10/11/2022 08:27 | 11_percent Correct, if it was taxed the 24% tax would have to be deducted before it is paid so they would have declared 3.8p | return_of_the_apeman | |
10/11/2022 08:27 | Do please keep selling, whoever it is | mattjos | |
10/11/2022 08:24 | Am I right in saying there is no tax on that 5p. | 11_percent | |
10/11/2022 08:19 | Topped up - 11p by next July (8 months) is equivalent to an annual yield of 33% for a shr price of 44p and 13.6% forward yield after July :-) | return_of_the_apeman | |
10/11/2022 08:17 | Wan, probably lol. Can’t help but buy more. Re rate must be on the cards | gutterhead | |
10/11/2022 08:16 | Really? There are actually some sellers. | aleman | |
10/11/2022 08:15 | I suspect they just went,,, sod it, just pay the divi,,, ie no resolution!? Cheers Wan :-) | wanobi | |
10/11/2022 08:11 | Surely this will rerate to a more appropriate level now. Saying that where’s the detail of what’s happened with the long ongoing saga that’s stopped the dividends being paid until now ? | dodger777 | |
10/11/2022 08:09 | Perhaps the liar and fraud wilo101 will finally give up now. There will probably still be gullible idiots who insist on believing he's some sort of insider, but maybe there will be less of them. | constable ken | |
10/11/2022 08:07 | Fantastic news! Would love to hear the detail on resolution. | drdre | |
10/11/2022 08:00 | Massive news - that's 10-11p by next July | return_of_the_apeman | |
10/11/2022 07:27 | And you can buy and get div!! | gutterhead | |
10/11/2022 07:26 | Hoobloodyray | gutterhead | |
10/11/2022 07:24 | Straight and to the point. Not giving much away ! | jeanesy | |
10/11/2022 07:10 | Indeed, one short and sweet RNS | danmart2 | |
10/11/2022 07:05 | Whoever wrote that RNS must have been in a hurry to get the train this morning! | bishan bedi |
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