Steppe Cement Share Discussion Threads

[rhuvaal2] 14/4/2019 11:06

can anyonne tell me where to find Director/ major shareholdings: many thanks, I skimmed through everything and didn't find

[azalea] 14/4/2019 09:58

jeanesy
I very much doubt the relatively large 125k trade was a sell @ 33.5p. When I did a dummy run to sell 15k at around that time, I was quoted 33p. Given that to be the case, a 125k sell would have been at least 1p lower.

[jailbird] 13/4/2019 16:34

I thought it was a sell. It would explain the availability of stock available all day on Friday.


@Wilo - "A new investor in the Far East"..can you elaborate?

[wilo101] 13/4/2019 11:39

No Azmi is not selling, at all.

[wilo101] 13/4/2019 11:38

Is a new investor/buyer in the Far East.

[jeanesy] 13/4/2019 11:11

I would not be certain that the 125k sold at 33.5p was a sell. It could well, being the last trade of the day, be bought by an investor in the auction.

[jailbird] 13/4/2019 10:34

I mean with a divi payment coming soon, why would someone sell now?

[jailbird] 13/4/2019 10:34

There you go another 125k sold at 33.5p

Make that 325k sold this week if you include the 2x 100ks

Are you sure Mr Azmi is not selling now?

Never know if one keeps within the reporting thresholds

[jailbird] 12/4/2019 17:56

I just hope your dreams come true :-)

[jailbird] 12/4/2019 17:30

Wilo

It is ok to dream

[wilo101] 12/4/2019 17:28

Last time it was ever at these levels, it climbed to peak at GBP4.25p per share and Azmi sold half, and then bought back from the lows, deja-vu?

[jailbird] 12/4/2019 16:17

There is a sell in...noticed the bid price has fallen to 33p from 33.75p today.

Still can buy plenty under 35p

3 v 1 all day

[sportbilly1976] 12/4/2019 14:32

Buyer(s) steadily taking any stock the seller is clearing here...move up coming shortly

[azalea] 11/4/2019 18:14

Given the numbers in the Q1 2019, up date, FY results this year should be even better than 2018. Given the increased utilisation of cement wagons, their purchase costs could be recouped much earlier than expected.

[king suarez] 10/4/2019 14:13

You may wish to refer to the FY preliminary update issued on 10 Jan - since sales/production are highly cyclical, Q1 is always much lower than other quarters and therefore not worth extrapolating from (even though significantly higher year on year than 2017).

2018 FY revenue is c£60m.

Am expecting strong cash flow and profits in the final results this month.

[sportbilly1976] 10/4/2019 13:54

150p implies a mkt cap of c.£300mln

that requires some serious upscaling of revenues and profits from those reported this morning

[jailbird] 10/4/2019 13:42

Yes I do not get these targets Ppl talking about at least 150p here

[sportbilly1976] 10/4/2019 12:56

12 month target of 40p hardly challenging...

[celeritas] 10/4/2019 12:34

Selling at 33.55, buying at 35.

[wilo101] 10/4/2019 11:25

Operating Results
Steppe Cement
1Q19 trading update: strong start to the year
by Vladimir Bespalov
Full report:
hxxps://research.vtbcapital.com/Content/Search/Document.aspx?id=65B08DA1-1DFF-449C-80AB-A1A09049E6C0



Steppe Cement released strong trading update for 1Q19:
• 1Q19 cement sales volumes increased 35% YoY to 266,393 tonnes
• Ex-factory cement prices increased 64% YoY to KZT 13,614/t, or 40% YoY to USD 36/t in 1Q19
• We see the strong price environment in the low season as especially encouraging (although there was some seasonal QoQ decline in prices)
• Steppe Cement's 1Q19 revenues increased 93% YoY to KZT 4.5bn, or 65% YoY to USD 12mn
• Based on Steppe Cement's data, the cement market in Kazakhstan increased 4% YoY in 1Q19, while Steppe Cement's market share stood at 17% vs. 14% in 1Q18
• We believe that this positive market environment along with Steppe Cement's low leverage and limited capex requirements imply good dividend prospects (our forecasts imply GBp 2 per share, which implies a 6% yield, although we would not rule out higher dividends)
• Buy reiterated, as our 12-month Target Price of GBp 40 implies and ETR of 25%

[mattjos] 10/4/2019 10:07

Terrific update. Cant really ask for more than this sort of performance

[jailbird] 10/4/2019 09:23

The 100k today and the other day are sells I would say Kept the price where it is . Sure rigid have been higher otherwise

[azalea] 10/4/2019 08:29

Wow a cracking update indeed, which should augur well for the FY dividend that will accompany FY results in just a few weeks. If Q1 numbers are repeated throughout the FY then 2019 should be a cracking year in all respects.

[mr roper] 10/4/2019 08:16

Another super update. Between this and aaz it's been a great start and it's not even 08.30am

[celeritas] 10/4/2019 07:44

Guys look through the news feed to see how Steppe address dividends.