Steppe Cement Share Discussion Threads

[jailbird] 02/1/2018 10:17

Wilo,

If that is the case , then I expect the update next week to 10 days to state introduction of the dividend...excellent news if fully franked :-)

[azalea] 02/1/2018 09:46

wilo
Yes the Prelims will be interesting and positive.An announcement of any div, let alone a whopping 1p this year, against a background of massive investments in Kaz by China, should attract the attention of analysts.

[wilo101] 02/1/2018 04:44

hxxps://www.nytimes.com/2018/01/01/world/asia/china-kazakhstan-silk-road.html?action=click&contentCollection=world&region=rank&module=package&version=highlights&;contentPlacement=1&pgtype=sectionfront

[wilo101] 02/1/2018 04:36

If you look at last year's calendar, we can expect a
Preliminary Update for the Year ended 31 December 2016 on or about 13.01.18 and then the full year results about April, lastest May with the dividend being declared at circa 1p per share, fully franked.

[jailbird] 01/1/2018 18:16

Wilo,

When are the Dividend payments achievable?

[wilo101] 29/12/2017 15:45

The worry is the Chinese can be crazy and do not finance and build rationally, in some cases they love to build for the obvious profits taken and shared on the equipment and construction cost, regardless of the underlying economics, and in some ways it seems that is Xi's game, namely to get orders and jobs back home, Chinese-style.

[azalea] 20/12/2017 17:40

As an after thought, I too realised the 300 rail wagons and local raw materials would make STCM an attractive target. With 85% of shares already in major holders hands; things could get interesting, early next year.

[celeritas] 20/12/2017 13:22

No need to build with capital tied up for such a long time when you can get ready made plants in place already producing into a receptive market. The rail wagons are a huge bonus.

[azalea] 20/12/2017 13:01

We have not seen the size of today's volume for some time.

A new joint Kaz -Chinese plant is a clear acknowledgement of the expectations of a boom in demand for cement. A new plant would cost a fortune and take a coupe of years to get it up and running. If need be, an add on build to an existing modern cement plant might be the best solution.

[mattjos] 20/12/2017 12:34

Yup, a tempting morsel in the endless cement consolidation game.

[jailbird] 20/12/2017 12:20

We are off again Orders being filled

[celeritas] 20/12/2017 11:49

Its cement related about a joint Kazakhstan-Chinese plant.

Stcm would make a great target for a Chinese co, would be a mere bolt on for the likes of Conch

[azalea] 20/12/2017 11:37

Re post 807
51 projects worth $28Bn under the Kazakh-Chinese industrialisation and investment programme, is a whole lot of money and indicates the massive importance of Kaz in China's plans to boost trade along a secure route through Central Asia to Iran's oil. Secure, in that a modern rail system will safeguard China's oil needs, which via the South China Sea, could face embargoes by the U.S. and its allies in the region - squabbling with China over territorial rights to Islands on route.

[jailbird] 20/12/2017 11:03

STCM- a very compelling investment case now The Co is well positioned to benefit for growth of this region

[azalea] 20/12/2017 10:48

If the previous year is anything to go by, in January 2018,we should get a preliminary report for the year ending 31/12/2017.

[azalea] 16/12/2017 14:12

Ex PM Cameron, to lead a private British investment team to China, as the latter continues to develop trade with countries through Central Asia and onward to Europe.

[jailbird] 16/12/2017 08:07

https://simplywall.st/stocks/gb/capital-goods/aim-tpg/tp-group-shares/news/best-growth-stock-in-december-3/Steppe Cement Ltd. (AIM:STCM)Steppe Cement Ltd., an investment holding company, produces and sells cement in Kazakhstan. The company now has 724 employees and with the market cap of GBP £49.28M, it falls under the small-cap category.Extreme optimism for STCM, as market analysts projected an outstanding earnings growth, which is expected to more than double, supported by a double-digit sales growth of 37.57%. An affirming signal is when net income increase also comes with top-line growth. Even though some cost-reduction initiatives may have also pushed up margins, in the case of STCM, it does not appear extreme. This prospective profitability should trickle down to shareholders, with analysts expecting the company to generate a positive return on equity of 14.60%. STCM's impressive outlook on all aspects makes it a worthy company to spend more time to understand.

[azalea] 14/12/2017 17:05

Morningstar data today shows a pm trade for 2000 @ 23.75p. It also shows an U/K, trade for circa 117k.

[celeritas] 14/12/2017 16:12

wilo, I've sent you a pm.

[azalea] 14/12/2017 12:30

Still way under the radar of private investors in the UK, despite the continuing increase in major holders. If the prelims announced next year, produce a dividend, this could change, with the shrinking number of shares in free float being further reduced by existing/new major holders.

[wilo101] 14/12/2017 10:27

£2.50p a share is a low side achievable target, it’s prior all time high was £4.20p when there were no working 2 dry lines and 117m shares in issue

[celeritas] 14/12/2017 10:01

I'm expecting Steppe to be one of the picks for 2018, certainly it will be one of my picks.
Will it be a wcc esk year as I don't see any reason why it wont at least double.

[celeritas] 14/12/2017 09:50

Kazakh GDP grows 3.9 percent in 11 months