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STCM Steppe Cement Ltd

14.00
0.00 (0.00%)
31 Jan 2025 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Steppe Cement Ltd LSE:STCM London Ordinary Share MYA004433001 ORD NPV
  Price Change % Change Share Price Shares Traded Last Trade
  0.00 0.00% 14.00 14,592 08:00:00
Bid Price Offer Price High Price Low Price Open Price
13.00 15.00 14.00 14.00 14.00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Cement, Hydraulic USD 81.76M USD 4.53M USD 0.0207 6.76 30.66M
Last Trade Time Trade Type Trade Size Trade Price Currency
15:23:02 O 3 14.10 GBX

Steppe Cement (STCM) Latest News

Steppe Cement (STCM) Discussions and Chat

Steppe Cement Forums and Chat

Date Time Title Posts
27/1/202505:38Steppe Cement - Kazak Infrastruture Play6,478
25/11/202015:08anyone know anything about steppe cement ?11

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Steppe Cement (STCM) Most Recent Trades

Trade Time Trade Price Trade Size Trade Value Trade Type
2025-01-31 15:23:0314.1030.42O

Steppe Cement (STCM) Top Chat Posts

Top Posts
Posted at 01/2/2025 08:20 by Steppe Cement Daily Update
Steppe Cement Ltd is listed in the Cement, Hydraulic sector of the London Stock Exchange with ticker STCM. The last closing price for Steppe Cement was 14p.
Steppe Cement currently has 219,000,000 shares in issue. The market capitalisation of Steppe Cement is £30,660,000.
Steppe Cement has a price to earnings ratio (PE ratio) of 6.76.
This morning STCM shares opened at 14p
Posted at 20/1/2025 13:16 by aleman
Kazakh national cement production finished the year strongly. Dec was 9% higher than last year and beat the previous highest December by 2%. Q4 was a new record for the final quarter but we've already seen STCM Q4 volume was up 28% so that's no surprise. I suppose STCM's Q4 volume might have been a record but somebody else can check. I've broken out enough numbers and am more than happy with +28% even if the market just doesn't seem to care.

Now we know the whole cement market strengthened as the year progressed, in line with general economic activity. Dec GDP growth rose again to 6.2% and was the second highest month in 13 years. (Average since 2008 is 3.2%) Retail sales rose again to +15.7% in December. (14-year average 7.0%.) The stockmarket jumped around 4% in January to another new record. Car sales rose 3.5% to a new record, with the trend strengthening in the final months. This should all bode well for cement demand and pricing in 2025.

I continue to hope the next payout will be increased.
Posted at 14/1/2025 12:02 by jailbird
You should draw the share price graph next to that

you will see an inverse type graph

so where is the correlation between revenues growth v share price?

Honestly the performance here has been shocking over the last decade plus, that's if you did not use stop losses to buy low sell high

just an unloved sector and region?
Posted at 10/1/2025 04:01 by zangdook
If they can bang out another 5p dividend or two the share price will react.
Posted at 07/1/2025 12:03 by tigerbythetail
I'm happy enough to sit here and receive the payments (divis or RoC, I don't really care) for years.
But, that said, the company is "breaking the rules" of the AIM game. So I don't expect a substantial share price recovery until it fixes the company structure problem, resumes paying normal dividends, and announces a proper dividend policy. This is all irregular at the moment, and the market will continue to punish that.
The danger is that the major shareholder is happy with the way things are. And - given that there is plenty of room for further RoCs - there will be little or no pressure on the board to improve matters.
Posted at 06/1/2025 08:29 by tag57
Wilo, what was wrong with Zangdook’s comment?
The management have not kept us up to date with the corporate structure to allow payment of divis. Yes, they have made RoC payments but that was not their intention and while the tax changes were not the fault of management we do not appear to have made any headway with regards to restructuring to allow the move back to divis.
The divi / Roc payments have been good over the last few years but that does not come anywhere near my capital losses.
The share price movement over the last few years suggest that quite a few PIs have done exactly what you suggested but it isn’t great for the share price is it?
Posted at 05/1/2025 20:59 by nik7907
Janicem

It's not a dividend, which is the problem imo. I am with HL and Iweb(,Lloyd's). Both of these pay dividends same day but seems to struggle with these distributions . I have had money from HL but not Iweb. I have no doubt it will arrive eventually.

Stcm need to strive to get these distributions back to dividends and commit to a dividend policy. The share price will then react accordingly in my opinion
Posted at 14/12/2024 01:04 by tag57
Mattjos - I would say it is probably being avoided rather than overlooked.
The last dividend was 6 months late and 2 year ago.
Management can’t advise when there will be another dividend and investors are having to make do with returns of capital.
Performance has been through a rough patch with margins well down due to market pricing.
Maybe when it turns a corner, hopefully during this reporting period, we might have see a more positive share price performance but until then I don’t see many new PIs investing here.
I continue to hold here but mainly due to significant capital losses on paper and the hope STCM can get back to it previous decent financial performance.
Posted at 15/11/2024 15:27 by celeritas
I agree Matt.. Ukraine will rebuild, hopefully next year if Trump manages to sort peace out in the region. The rebuild will likely cause a shortage of cement in the region for the years that follow... I'm sure cement companies realise this and at this share price stcm could easily be a target to take advantage.
Posted at 14/10/2024 11:09 by martinmc123
The Group issued a decent if unexciting Q3 update. Steppe Cement generated revenue of KZT 15,085 million (approximately USD 32 million) in Q3 2024, which was 7% higher than the revenue achieved in Q3 2023 of KZT 14,116 million (approximately USD 31 million). 9-months ytd performance was a little weaker with revenue down 2% to KZT 30,520 million (approximately USD 67 million) compared with KZT 31,093 million (approximately USD 69 million). So at least there has been some incremental improvement over the preceding quarter. This is what the share price has focused on this morning, but longer run the share price remains in a clear and steady correction. The main drag to revenues is coming from the price of cement which is falling - the average price...from WealthOracle

wealthoracle.co.uk/detailed-result-full/STCM/870
Posted at 20/9/2024 12:59 by tigerbythetail
Hi Aleman!
Basically, I agree with you. The corner has likely already been turned here. It's just that people aren't seeing it yet. The company's own communications could be better in this regard.
I get all the talk about the past and when was the best moment to sell, etc. But the only truly significant question is whether STCM is worth more or less than the current share price today. I'm willing to bet that STCM is worth considerably more than the current cap.
Steppe Cement share price data is direct from the London Stock Exchange

Steppe Cement Frequently Asked Questions (FAQ)

What is the current Steppe Cement share price?
The current share price of Steppe Cement is 14.00p
How many Steppe Cement shares are in issue?
Steppe Cement has 219,000,000 shares in issue
What is the market cap of Steppe Cement?
The market capitalisation of Steppe Cement is GBP 30.66M
What is the 1 year trading range for Steppe Cement share price?
Steppe Cement has traded in the range of 12.50p to 23.00p during the past year
What is the PE ratio of Steppe Cement?
The price to earnings ratio of Steppe Cement is 6.76
What is the cash to sales ratio of Steppe Cement?
The cash to sales ratio of Steppe Cement is 0.38
What is the reporting currency for Steppe Cement?
Steppe Cement reports financial results in USD
What is the latest annual turnover for Steppe Cement?
The latest annual turnover of Steppe Cement is USD 81.76M
What is the latest annual profit for Steppe Cement?
The latest annual profit of Steppe Cement is USD 4.53M
What is the registered address of Steppe Cement?
The registered address for Steppe Cement is BRUMBY HOUSE, JALAN BAHASA, P.O. BOX 80148, LABUAN, FEDERAL TERRITORY, 87011
What is the Steppe Cement website address?
The website address for Steppe Cement is www.steppecement.com
Which industry sector does Steppe Cement operate in?
Steppe Cement operates in the CEMENT, HYDRAULIC sector

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