Steppe Cement Share Discussion Threads

[celeritas] 09/5/2019 14:28

Small top up.

[pjmurf] 09/5/2019 13:20

I would be very pleasantly surprised with 2p. As encouraging as the updates have been I can't justify a doubling of the divi but WTFDIK. Am I missing something? For what it's worth I was expecting a smaller increase to say 1.25p and continued debt reduction.

[mattjos] 09/5/2019 11:42

also assuming 2p so, fractionally over 6% yield at present

[jailbird] 09/5/2019 11:34

I am remaining conservative and say 2p.. best to underestimate Big Increase in volume and prices recently , I am expected only a tiny debt remaining below $5m now Co almost debt free . Also cash flow increasing as interest costs / overheads reduced

[pjmurf] 09/5/2019 11:02

While we're on the subject I wonder what the concensus here is for the dividend based on interims and preliminary info we already know. I am no accountant and exchange rates further complicate things here. On face value all seems well volumes, prices, market share etc.

[king suarez] 09/5/2019 10:37

Taken a few more this am @ 33p

[jailbird] 09/5/2019 07:41

Crazy for seller to sell with a dividend payment coming ..Esp if outlook is good , you would think could sell higher up Maybe that is still possible .. have an average price target price

[wilo101] 09/5/2019 06:49

Results this week hopefully or early next waiting only o. Final sign offer assume

[mattjos] 03/5/2019 08:33

Hopefully to a price where a large lump will change hands

[jailbird] 03/5/2019 08:18

CFEP dropping price now to find buyers of his stockThere were plenty bought at 35p before

[jailbird] 02/5/2019 17:45

hxxps://asia.nikkei.com/Spotlight/Belt-and-Road/China-s-Belt-and-Road-hits-a-speed-bump-in-Kazakhstan

[jailbird] 02/5/2019 14:39

Well that 30k @ 33.55p ( def a sell) is reduced the buy and sell limits now.

[sportbilly1976] 02/5/2019 10:03

hxxps://www.apolloinvestment.com/cbarnes.htm

[jailbird] 02/5/2019 09:52

Mattjos,

Who is Clare Barnes?..my memory is failing me

[mattjos] 02/5/2019 09:15

am expecting to hear the Clare Barnes or one of the other large holders has stepped up here and taken on a load more from SEB … keep watch for a lump trade

[azalea] 01/5/2019 13:04

FY results last year was 29/5.

[jailbird] 01/5/2019 08:09

Could be another month of this.

Results and divi news in June

[mattjos] 30/4/2019 22:20

Pressure is building here over quite a long time .. just needs the official RNS re divi & financials to blow this 35p glass ceiling away. Am still salting these away on a regular basis whilst off the RNS radar

[jailbird] 29/4/2019 16:38

Right at the auction64k@35p500@35.2p

[jailbird] 29/4/2019 13:37

64k still bring offered in auction Hopefully the big chunk has already been placed with a buyer , and there are a few left that PIs can take if this is correct I expect big trade to show at some point and then it will move Will expect to be clear before June and dividend news

[azalea] 27/4/2019 11:15

The Chinese gauge is not unique to China, it is an international standard. Unless all Central Asian countries's rail gauges conform, trade between both sides will be severely hampered, which will defeat the whole purpose of the initiative.

[wilo101] 27/4/2019 10:44

The Kazakhs are rightly frightened of China, and will never allow a Chinese gauge railway across their landmass for fears the troops and tanks may come one day, a la Tibet, Xinjiang and the like, many Kazakhs live in Xinjiang and are in the re-education camps, and many ethnic Uighur s live in Kazakhstan, escaping the Han Chinese.

[azalea] 27/4/2019 10:36

If last year's reporting date is anything to go by, Monday will be the last day to trade before results are published on Tuesday. Given the update on Q1 2019, I will be happy to wait fro H1 results and collect the dividend in the meantime.

China's circa 2 trillion dollar Belt and Road initiative was headline news recently with a number of heads of state, international banking corporations(along with Philip Hammond) attending a conference in Beijing, headed by China's president Xi Ping.

It was interesting to hear that the train that brought Kim Jong to Vladivostok, had to have its axles changed in order to be compatible with Russia's international rail gauge. A problem that also exists between Central Asian countries and China; whereby goods sent by rail between Kaz and China face delays of up to 5 days. This unacceptable delay can only be resolved by bringing the former into line with China's international standard gauge, which will require thousands of new cement rail ties replacing old wooden ones.