Steppe Cement Share Discussion Threads

[danmart2] 12/11/2022 09:45

The only concern of shareholders is if Motley fool says buy STCM

Anything Motley Fool says buy , do the opposite !

[mingo6] 11/11/2022 21:05

If you look at the company's financial health and performance it looks good so that's why I held out despite seeing massive drops in the share price, I was -30% at one point but just had a feeling that this was just a temporary blip and the future trend will be upwards hopefully.

[bluemango] 11/11/2022 15:36

#5132 The only 'morons' here are those that think anyone would see bb feuds as interesting in any way. They're not. BB feuds are as boring AF. Take your personal arguments elsewhere, please.

[constable ken] 11/11/2022 15:25

I challenge any one of you gullible morons to point to a single post from Willy Wonka which shows that he is truly an insider in STCM and not a liar and a fraud.

Even his posts supposedly about Kazakhstan are a mixture of blatant lies (the government believes 2m Russians came across the border...Putin was visiting...), things so vague as to be meaningless (such and such is happening in the city...which city?) and a very small amount of basic general knowledge.

If his most recent, absolutely pathetic attempt to pose as an insider (a capital return, not a dividend, to be announced on or after 15/11) didn't show you what his game is, you're beyond even medical assistance.

This sort of pathetic poseur crops up from time to time on these boards. I've come across three or four of them over the years. Hang around a while and you'll pick up on the warning signs.

[dovey21] 11/11/2022 15:23

Quiet is good IMO. Steady appreciation and less susceptible to volatility. I can't see me ever selling..it's a free carry.

[return_of_the_apeman] 11/11/2022 14:56

wilo101,

If you click on the triangle button next to Constable Ken's name, you can view his posts on other threads - this could show you a common pattern and you might decide not to rise to it in future - there is nothing wrong with your opinions imho and I have found value in your in-country and company knowledge

Not meant as a criticism in any way

[wilo101] 11/11/2022 14:07

Buying and restructuring the assets, re-starting the plant, raising a US$150m financing, building the two new dry lines, the first in the CIS, subscribing to and underwriting 3 rights issues, so as to get rid of all debt, ensuring clean and clear title, defeating all of the local oligarchs who tried to steal it (Visor, Butya et al) no corruption and good government relations and listing on AIM, and now looking at other deals and co-listings etc

[eggbaconandbubble] 11/11/2022 13:45

Three cheers for wilo101

[wilo101] 11/11/2022 13:05

Constable Ken is a clueless and uneducated moron,some of us put this company together and got it to where it is, today, defeating all challenges.

[cheshire man] 11/11/2022 13:02

Can't understand why anyone would be selling now

[return_of_the_apeman] 11/11/2022 12:51

Volume is 50k shy of total volume yesterday so it is gathering momentum, but agree it is still very quiet

[spawny100] 11/11/2022 11:18

That's more like it today. Unbelievably quiet board suggests this dividend news hasn't been widely picked up yet.

[dovey21] 11/11/2022 10:15

Too easy!!:-)

[eggbaconandbubble] 11/11/2022 10:14

I have £million in one hand and a magic £1 coin in the other.

The magic £1 coin will double in value every day for a month.

Which would you like to have?

[renewed1] 11/11/2022 09:46

Only one problem....I'll be 113 by then. Still I'll be able to afford an attractive carer!!!

[return_of_the_apeman] 11/11/2022 08:01

Still no mention of this in the press etc and just one person on twitter!, however yesterday's volume was 9 times the daily average of 200K, so people have/are noticing.

I am expecting all the dividend screeners have now been updated so perhaps that will help today, however concentrating on capital appreciation in this share seems like the wrong approach:

The resource life of this boring business is circa. 33+ years

If you bought £12K at 45p today and sat on it for 33 years, in dividends alone (re-invested and compounded) you would get 11p for starters (including July next year) and a forward yield of 13.6% (6p) thereafter. Assuming no dividend growth whatsoever for the next 33 years at the end you would have just over a million pounds (£1.003Million)

Can anyone lend me 12K?

Just some musings, I'm a bit bored :-)

[danmart2] 10/11/2022 22:15

The point has been made, July 23 dividend is likely to exceed 5p.

[mattjos] 10/11/2022 17:32

still 10+% Yield at full closing offer price.
I guess folk happy with 2% for Cash on Deposit but, I'd prefer to do much better than 2% thank you.

Given imminence of the Budget here in the UK and likely impact on CGT & Divi Tax, I do suggest folk make sure they are making full use of their ISA & SIPP for shares such as this.
you do not want to be handing over your Dividend cash to the tax man if you have an entirely legitimate way of not doing so.

you can do a Bed'n'ISA … transfer to your ISA as part of your £20k annual allowance
you can do a Bed'n'Spouse … transfer to your wife/husband as part of their £20k ISA Allowance

If you have the shares in your Trading account but no further ISA Allowances left then, you can do a 'Put Through' into your ISA or your SIPP.

ie. Use free cash already in your ISA/SIPP and with that cash (in effect) buy the shares from your Trading Account into your ISA/SIPP Account.
The shares will transfer on a T2 transaction from your Trading Account into your ISA/SIPP and the cash will transfer from your ISA/SIPP into your trading accounts.

Normally only available over the phone and so some higher deal costs but, these pale into comparison with the tax you save on the dividends received.

[return_of_the_apeman] 10/11/2022 16:16

A lot of resistance at 45p being used up today (no idea why anyone is selling, but I guess they are profit takers from the last 6 months), I can't be bothered to go through all the trades but ADVFN has net circa. 12K in sells!!

There is much less resistance from 46p to 62p due to the sharpness of the fall in September last year, presumably due to fears over higher input costs negatively affecting margins which in hindsight has not happened

Still no press/tips/mention anywhere of this important news today, surely this will be picked up before this goes xdiv and generate some further interest

I'm sure there is only one broker here (VTB), but nothing from them yet

I see no significant reason for this not to test 62p before xdiv next week, except for profit takers, but would have thought they are getting exhausted on the run up to 46p, wouldn't expect many sellers in the 46p to 62p as SEB finished - A look at buy/sell volume over the last few months might help

[mattjos] 10/11/2022 12:12

STCM is just 'too boring' for most of the AIM market punters.
The company does not pump itself up with fluffy RNS every few weeks - just sticks to its knitting of making cement and selling it as profitably as it can.

AIM punters get excited about a 10-15% price move and try to skin a few £ off that in competition with others and the M&M's but, just do not have the patience to simply tie up the capital and await the dividend flow & capital growth.

[mattjos] 10/11/2022 12:08

IC already highlighted STCM:

[spawny100] 10/11/2022 12:00

Where else? Try SBLK - astronomical divends if they can maintain them.

[tigerbythetail] 10/11/2022 11:56

This was a backwater share until today. The company doesn't spend any money on hyping itself. So, IMO, news is still getting out.
Given the low free float, if Investors Chronicle or similar tip this share, the effect could be dramatic.
For now, IMO, it's just great value. Returns here actually beat today's inflation rate - where else can you get that?!?