Steppe Cement Share Discussion Threads

[jeanesy] 06/8/2019 19:21

A very quiet day here. Lets see what tmw brings as this has happened before and then the seller has popped up again !

[azalea] 06/8/2019 13:48

Given that Neon holds less that 3% of shares, I believe it is not required to report any changes unless it goes back to 3%, or more. Please to see that only a modest volume of shares traded this morning has given rise to tick up in the sp,

[mattjos] 06/8/2019 12:40

Still adding in a few more, another 14k today. Too cheap to ignore

[sportbilly1976] 06/8/2019 11:42

interesting tick up....i'd have thought Neon were completely out by now too...just MM playing on the 10-20% traders imo

[jeanesy] 05/8/2019 14:41

Surely neon are out by now though ?!!

[azalea] 05/8/2019 12:13

We know who the seller is. Given the strong 2018 results and the strong update for H1 2019, one can only conclude, that Neon had to sell to raise money for whatever reason, which was nothing to do with the performance of STCM. The global markets are in a significant quandary over the trade war between the US and China, the spat between Japan and S.Korea, riots in Hong Kong and perhaps even the virtual certainty of the UK leaving the EU without a deal, which will hurt the latter even more than the UK. It was not that long ago when the share price was sitting at 18p and recently peaked at 46p. Fortunately, Kaz is somewhat insulated fro the global worries. So you either need to sit it out, or sell.

[jeanesy] 05/8/2019 10:55

looks like the seller hasn't gone. We will prob get an rns later. I have given up trying to work this one out !!!

[jailbird] 05/8/2019 10:38

Jumping around up and down What is going on here ?3 v 1

[sportbilly1976] 05/8/2019 10:04

28/29 - looks as if a few flippers have played into the MM's hands...

still no holding rns re buyers of Neon's stock....(which I assumed has now all gone, although with CFEP returning to the offer, maybe not??)

[jeanesy] 02/8/2019 19:37

Thats another half a million gone today. Another day closer to the end of the seller .. we hope !!

[azalea] 02/8/2019 08:32

Given the data posted by Celeritas, demand for cement in Kaz has to be on the rise, with STCM the most likely to increase its market share.

[azalea] 01/8/2019 18:58

Given that there has been no further disposal of a large amount of shares since Neon's 750k and there has been no sizeable sale of shares this week, I agree with user2007

I have just read the Introduction on the Website, which includes the latest technical developments in its production and automated packaging and loading them on its rail hopper wagons. All of which lends support to the claim by the company of being the most efficient cement producer in Kaz. With the 330 hoppers having been bought in 2014, they must be nearing to have paid for themselves.

[celeritas] 01/8/2019 16:08

Kazakh housing sector investment through Nurly Zher programme increases 15 percent

[user2007] 01/8/2019 14:19

I think they are PIs. 20k is around 6k pounds and that is not a huge amount even for a PI.To me it looks like the main seller is gone and now the 10% brigade who bought during the 28p period is selling.Many PIs bought and topped up during the 28p period and have no spare funds available or don't want to be overexposed.So let's give it a few weeks combined with a positive update and we are at ...... I'd like to knowThat's my take on it. But what do I know ... ?

[jeanesy] 01/8/2019 12:50

Sellers dont seem like pi's to me. Trades still too big. Until we get rid of the overhang this will not move up. I thought the other day that we might be done , but seems not. I wont try and second guess until we get an RNS

[azalea] 01/8/2019 12:41

Given the HI update and the results are just 7 weeks away, sellers will rue the day.

[kenmitch] 01/8/2019 12:40

Big question is why the persistent selling when based on info from Steppe all looks so good. The share looks a stonking bargain based on that, and the incredible dividend yield. I hold but can’t fathom why there is this persistent selling and hope it isn’t because it is indeed incredible and insiders know what the rest of us don’t! That seems unlikely ....we hope.

[sportbilly1976] 01/8/2019 12:13

Cfep back but each buy seems to be shifting the price...

[celeritas] 01/8/2019 11:53

Top up for me this morning, cfep are playing the game.

[jailbird] 01/8/2019 10:56

100k auction at 28.6p

[jailbird] 01/8/2019 09:03

CFEP back on the bid

[jeanesy] 01/8/2019 08:56

this is plain silly. Buys far outweighing sells and yet we are down again. Perhaps some large sells have already gone through and not yet reported

[jailbird] 01/8/2019 08:27

Still liquid on both sides though

[jeanesy] 31/7/2019 09:00

All very quiet again here after the recent flurry of activity.