Steppe Cement Share Discussion Threads

[wilo101] 20/12/2016 11:08

Is not SEB Investments AB a fund, buying to portfolio invest? or are they buying for a client?

hxxp://sebgroup.com/

Money is flooding into Russia and the Region will do much better in 2017, onwards

[hari] 20/12/2016 10:49

7% bought ... so who sold 7%?

Are you implying that A bid would be nearer 37p? Or wishful thinking .

If so it is not necessary the case always.

Mr Hamzah, can call this wrong .. otherwise it is insider dealing.

[azalea] 20/12/2016 10:10

The outlook for STCM.18/19p, is becoming very encouraging with a likelihood of a bid in the offing. Following MrAzmi Wan Hamzah recently taking his stake to 29.1%, today comes news of SEB Investments buying a 7% stake; which takes total major holdings to 82.91%. the price of Hamzah's holding was bought over the years at an average of 37p

[celeritas] 16/12/2016 15:57

10m, huge trades.

[azalea] 01/12/2016 08:44

Prospects are positive, even surprising that the company is talking about dividends.

[wilo101] 01/12/2016 04:21

The refinancing is good news, will enable the company to now re-start and regularly pay dividends and increase such each and every year

[azalea] 16/11/2016 07:14

Amzi Wan Hamzah buys 975,000 shares this week taking his stake to 29.1% A Bid in the offing?

[azalea] 01/11/2016 12:50

500k bought @ 18.75p and 100k @ 18.5p. 400k sold @ 18p. Hmmn

[azalea] 19/10/2016 08:31

Selling down, not out. to hold 2.49%.

[wilo101] 19/10/2016 03:38

the RNS said Genesis selling out, but no buyer yet disclosed

[azalea] 15/10/2016 06:23

If it was Azmi, 5m would take him over the 30% mark.

The odd thing about the trades shown yesterday by Morningstar Premium{subscription} Service, was that there were 3 pairs of 5m shares posted at three different times. The first were both timed at 1213hrs, the second at 1301 &1302hrs, and the third pair both at 1655hrs. Yet the volume for the day *barring one unrelated trade) was shown as being 10m.

Even if there was just one 5m trade between MM, that is still a lot of shares, 5m being not far off 3%.

[wilo101] 15/10/2016 03:52

Looks like Asmi/Half Moon Bay Capital or DC Watt and his trusts to me.

[azalea] 13/10/2016 14:05

Wilo101
I have just noticed the 5m trades @ 18.5p. Any thoughts.

[wilo101] 13/10/2016 12:19

STCM may yet be completely debt-free by year-end, if it so wishes, though probably for flexibility reasons, some lines of working capital may be maintained.

[azalea] 13/10/2016 11:59

If STCM continues to increase its market share and meets its repayment obligations on loans, eventually the 300 new rail wagons it bought will be paid for and become net earners; transforming its financial position.

[wilo101] 13/10/2016 03:33

RNS Number : 2870M
Steppe Cement Limited
12 October 2016


Steppe Cement Ltd

Market Update for the Third Quarter ended 30 September 2016

Third quarter 2016 revenue of KZT 7,316 million was 6% lower than revenue of KZT 7,770 million achieved in the corresponding quarter in 2015. For the 9 months ended 30 September 2016, Steppe Cement Ltd ("Steppe Cement") recorded revenue of KZT 15,506 million compared to KZT 16,047 million in the corresponding 9 month period in 2015, representing a 3% decrease.

A sales volume of 609,471 tonnes was achieved during the third quarter, a 3% decrease from the third quarter of 2015 as we were limited by clinker output. For the first 9 months of 2016, the sales volume increased by 2% to 1,371,024 tonnes from 1,347,983 tonnes in the corresponding 9 month period in 2015.

Average price (ex-VAT) for delivered cement was KZT 11,310 per tonne in the first 9 months compared to KZT 11,905 per tonne in the corresponding period in 2015. For the first 9 months of 2016, ex-factory price stood at KZT 9,451 per tonne.

For the first 9 months of 2016, the cement market in Kazakhstan decreased by 7% compared to the corresponding period in 2015, while imports declined from 13% to 5% of the total consumption and exports from Kazakhstan increased by nearly three times. Steppe Cement maintains its estimate of the cement market for 2015 at 9 million tonnes, with Steppe Cement's market share at 18 to 19%.

Steppe Cement's AIM nominated adviser and broker is RFC Ambrian Limited.

Nominated Adviser: Contact Stephen Allen or Oliver Morse at [phone].

Broker: Contact Charlie Cryer at [phone]

[wilo101] 29/9/2016 17:59

The 1st half, as just reported is normally irrelevant, as the season does not, really start until April and runs through November, plus a revaluation upwards of the KZT is being expected by 31.12.16, especially if the OPEC members cut production and go for higher prices and commodities continue to improve.

[wilo101] 24/9/2016 06:28

Looks like the KZT may appreciate significantly by year-end,the giant Kashagan is about to finally start pumping oil with the new pipes in place, and will quickly rise to 350,000bpd, which will then be the trigger for a new PSA and full-field development.

[azalea] 15/9/2016 14:11

Buyers piling in after the dip.

[azalea] 13/9/2016 11:17

Progress is tough going.
However, H1 y-o-y
Consolidated loss after tax USD-1.5m(USD -2.2m)
Loss per share -0.7cts(-1.0cts)
Foreign exchange gains USD +0.4m(USD -1.5m)
Market share up at 18%(16%). looking to achieve 19% in full year.
Exports 4% of volumes(0%)

[wilo101] 12/9/2016 11:27

The company, like most,follows the same dates and timetable each year, based upon trend established, Kz is on holidays today, so assume will be Tuesday as because there is KZT denominated Bond of CAC listed on KASE, they also have to announce simultaneously in Kz, as history and the record shows.

See, hxxp://www.kase.kz/en/emitters/show/CACM, the bonds carry 10% interest and mature in May 2017 and are trading at a discount but are a very good buy, especially if as predicted the KZT strengthens from KZT335 to the US$ to KZT300, by year end.

[azalea] 12/9/2016 09:20

wilo101

Obviously you do not need to answer the following question. Is you relationship with STCM notably closer than that of the average investor in the company; such as myself?

[wilo101] 11/9/2016 10:12

Results will be posted Monday or Tuesday, latest, have already been signed off.

[azalea] 05/9/2016 16:24

wilo101
You have clearly got your fingers on the pulse.

The importance of the detailed report by no less than Kazakhstan's Ambassador to China,cannot be underestimated and deserves careful reading. The presence of the Kazakhstan's president and his signing of the co-operation plan to link Kazakhstan's New Economic Policy, with China's Silk Road Economic Belt initiative, is almost certain to dwarf in terms of political and financial importance, any 'deal' that might have taken place during the meeting of G20 leaders, in Hangzhou.

One only has to read the list of high ranking political officials,representatives of major banks and industrial concerns on both sides attending the Kazakh-Chinese business meeting in Shanghai, to realize that there are now forces in play that will effect most if not all central Asian countries situated between China's western border and Iran. Underpinning the success of all the deals and associated developments that are destined to take place along the route, will be the top priority of building a new railway line of standard international gauge between China and Tehran.

STCM's position as one of the most efficient cement businesses in the region, makes it both attractive as an investment and vulnerable to a bid.