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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Steppe Cement Ltd | LSE:STCM | London | Ordinary Share | MYA004433001 | ORD NPV |
Bid Price | Offer Price | High Price | Low Price | Open Price | |
---|---|---|---|---|---|
21.00 | 23.00 | 22.00 | 21.50 | 22.00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
Cement, Hydraulic | USD 86.73M | USD 17.78M | USD 0.0812 | 2.71 | 48.18M |
Last Trade Time | Trade Type | Trade Size | Trade Price | Currency |
---|---|---|---|---|
16:38:18 | O | 10,000 | 21.05 | GBX |
Date | Time | Source | Headline |
---|---|---|---|
12/1/2024 | 10:40 | ALNC | IN BRIEF: Steppe Cement annual revenue falls on lower sales and prices |
12/1/2024 | 10:15 | UKREG | Steppe Cement Limited Year End Trading Update |
13/12/2023 | 21:56 | ALNC | IN BRIEF: Steppe Cement to review ways to return funds to shareholders |
13/12/2023 | 09:15 | UKREG | Steppe Cement Limited Update re intention to pay a dividend |
28/11/2023 | 11:44 | UKREG | Steppe Cement Limited Director's Dealing |
23/11/2023 | 07:41 | UKREG | Steppe Cement Limited Director's Dealing |
11/10/2023 | 10:56 | ALNC | Steppe Cement eyes weaker profit due to lower prices in 2023 |
11/10/2023 | 08:44 | UKREG | Steppe Cement Limited Market Update for the Third Quarter September 2023 |
20/9/2023 | 09:19 | UKREG | Steppe Cement Limited Director's Dealing |
19/9/2023 | 10:50 | ALNC | TRADING UPDATES: Maintel outlook promising; Good Energy revenue up |
Steppe Cement (STCM) Share Charts1 Year Steppe Cement Chart |
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1 Month Steppe Cement Chart |
Intraday Steppe Cement Chart |
Date | Time | Title | Posts |
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18/3/2024 | 18:37 | Steppe Cement - Kazak Infrastruture Play | 6,029 |
25/11/2020 | 15:08 | anyone know anything about steppe cement ? | 11 |
Trade Time | Trade Price | Trade Size | Trade Value | Trade Type |
---|---|---|---|---|
2024-03-18 16:38:19 | 21.05 | 10,000 | 2,105.00 | O |
2024-03-18 16:27:44 | 21.50 | 10,000 | 2,150.00 | O |
2024-03-18 15:34:05 | 21.05 | 10,000 | 2,105.00 | O |
2024-03-18 14:36:22 | 21.10 | 12,823 | 2,705.65 | O |
2024-03-18 14:28:54 | 21.63 | 23,092 | 4,993.88 | O |
Top Posts |
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Posted at 18/3/2024 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 22p.Steppe Cement currently has 219,000,000 shares in issue. The market capitalisation of Steppe Cement is £48,180,000. Steppe Cement has a price to earnings ratio (PE ratio) of 2.71. This morning STCM shares opened at 22p |
Posted at 07/3/2024 17:53 by return_of_the_apeman Don't hold your breath for dividends of 5p per annum, H1 profit was 100kMargins need to improve significantly, we do not know what Q4 looks like yet but the first 9 months were dire "Volumes are recovering in the second half of the current year and prices have been slightly increased, while the cost of production is improving as well. General inflation in Kazakhstan was 17% during the period, but the situation has improved in the second half of 2023. The Group posted a small net profit for the period of USD0.1 million compared with USD10.2 million profit after tax in the same period in 2022." "For the nine months ended 30 September 2023, Steppe Cement recorded revenue of KZT 31,093 million compared with KZT 32,651 million in the corresponding nine-month period in 2022 (a 5% decrease). -- The increased revenue in the 3 months to 30 September 2023 was largely attributable to the sales volume of 593,352 tonnes, a 9% increase from the third quarter in 2022 due to improved production levels in the factory as well as an average 5% price reduction applied to products sold. -- For the first 9 months of 2023, the sales volume decreased by 1% to 1,342,386 tonnes from 1,362,407 tonnes in the corresponding period in 2022. -- The average price (ex-VAT) for delivered cement was KZT 23,163 per tonne in the first 9 months compared with KZT 23,965 per tonne in the corresponding period in 2022. For the first 9 months of 2023, the ex-factory price stood at KZT 19,810 per tonne, a decrease of 6% from KZT 21,023, the corresponding price in 2022. -- The Company expects that EBITDA for the year ended 31 December 2023 will be lower than in 2022 principally due to a lower pricing environment and the impact of inflation on energy and other input prices. |
Posted at 27/2/2024 13:29 by tigerbythetail Perhaps the company should think about a secondary listing for its stock in Kazakhstan?One thing is for sure, until the company sort out the payment of the 2022 dividend(!) the share price here is going nowhere. |
Posted at 12/2/2024 14:40 by 1knocker The real concern is that we have a dominant shareholder who is presumably calling the tune, and if taking the company private would suit his book, that is what will happen. The longer the 'tax impasse' (if that is what it truly is, or is the whole story) continues and the share price remains depressed or falls further , the greater the risk that we shall be taken out, at a very low price.That is too big a risk for me to contemplate a further purchase. I have been there before, though then it was with a couple of (pre-Ukraine) Russian companies. The Chinese have been known to do it too too (though happily I have not been caught by them). |
Posted at 11/2/2024 18:45 by riddlerone I am not convinced you are a shareholder here even though you seem to word your posts as if you are so excuse me for being suspiciousTigerByTheTail - 15 Jan 2024 - 13:01:57 - 5941 of 5994 Steppe Cement - Kazak Infrastruture Play - STCM My short term and medium term expectations for STCM in conflict here. Short term I can see why this might drop further - management hasn't given investors any good reason to hold onto these shares for now. The delay in the dividend payment makes management look incompetent. However, medium term this is a good solid business. And once management sort the corporate structure issue out there could be a "double dividend" paid out this year that might amount to around 25% of the current share price. Conclusion: I'm looking to buy. But not today. Not yet. |
Posted at 15/1/2024 13:01 by tigerbythetail My short term and medium term expectations for STCM in conflict here.Short term I can see why this might drop further - management hasn't given investors any good reason to hold onto these shares for now. The delay in the dividend payment makes management look incompetent. However, medium term this is a good solid business. And once management sort the corporate structure issue out there could be a "double dividend" paid out this year that might amount to around 25% of the current share price. Conclusion: I'm looking to buy. But not today. Not yet. |
Posted at 13/1/2024 12:10 by return_of_the_apeman I am not sure of the company structure of CAML, but they have operations in Kaz and have had no issues paying dividends to my knowledgeI guess it's not as simple to follow their model especially as the incorporated Malaysian entity may suit some shareholders, but it's easy to see why the reverse side of the coin is putting off other investors No doubt a better 2nd half which is very encouraging indeed, however a period of not being able to pass on costs to consumers to protect margins exposes risk with inflation still high in what previously was a steady and boring (in a good way)company Some might fear, perhaps unjustly, a low ball take out by insiders as value continues to accrue on the balance sheet, look no further than the despicable actions at SHG, this will present an opportunity to buy for others Until they sort the tax issues, there is no distributed income The share price will bottom just before the tax issues are sorted or it becomes to cheap for the market to resist, perhaps we are not there yet as the company does not know how to do this and tax advisers are usually paid by the hour The company is definitely in a better place following this rns but the share price has gone down which is confusing and unfair. The sell on news brigade has always existed, perhaps the low volume exaggerates their effect Perhaps the 18p support on the chart will offer the necessary support if it gets there gla |
Posted at 10/1/2024 14:39 by gb904150 care to add more? The share price action suggests otherwise! |
Posted at 13/12/2023 10:27 by lloydypool With shares at low 20’s I’m surprised the amount set aside for divi isn’t used as a share buyback pot. Circa 5/10% of the shares could be bought back boosting the share price given the relatively low free float and those needing income could sell a few. |
Posted at 30/8/2023 10:43 by 1knocker Please yourselves, but in my experience a shortage of a commodity leads to price rises and a glut leads to depressed prices.In the case of a commodity used around the world the price effects are worldwide. Coffee, steel, oil, gas and yes even cement!Tariffs, subsidies, transport costs and established supply trains are factors which effect local markets so that prices are not uniform across the world, but you are not going to see premium prices in Kazakhstan if the Chinese are virtually giving the stuff away. Please yourselves though.I have no objection to anyone buying Steppe and giving the share price a bit of support !! If it goes up a bit I may sell, with a view to getting back in later, cheaper. Sadly, BB warriors don't move prices. |
Posted at 12/11/2022 10:12 by wanobi FWIW - here it is,Steppe Cement's (LON:STCM) five-year earnings growth trails the stellar shareholder returns - Simply Wall St - Published November 11, 2022 The most you can lose on any stock (assuming you don't use leverage) is 100% of your money. But on the bright side, if you buy shares in a high quality company at the right price, you can gain well over 100%. One great example is Steppe Cement Ltd. (LON:STCM) which saw its share price drive 120% higher over five years. It's also up 43% in about a month. The past week has proven to be lucrative for Steppe Cement investors, so let's see if fundamentals drove the company's five-year performance. Our analysis indicates that STCM is potentially undervalued! While the efficient markets hypothesis continues to be taught by some, it has been proven that markets are over-reactive dynamic systems, and investors are not always rational. One flawed but reasonable way to assess how sentiment around a company has changed is to compare the earnings per share (EPS) with the share price. Over half a decade, Steppe Cement managed to grow its earnings per share at 74% a year. The EPS growth is more impressive than the yearly share price gain of 17% over the same period. So one could conclude that the broader market has become more cautious towards the stock. This cautious sentiment is reflected in its (fairly low) P/E ratio of 5.45. You can see how EPS has changed over time in the image below (click on the chart to see the exact values). It's probably worth noting we've seen significant insider buying in the last quarter, which we consider a positive. On the other hand, we think the revenue and earnings trends are much more meaningful measures of the business. This free interactive report on Steppe Cement's earnings, revenue and cash flow is a great place to start, if you want to investigate the stock further. What About Dividends? As well as measuring the share price return, investors should also consider the total shareholder return (TSR). The TSR is a return calculation that accounts for the value of cash dividends (assuming that any dividend received was reinvested) and the calculated value of any discounted capital raisings and spin-offs. It's fair to say that the TSR gives a more complete picture for stocks that pay a dividend. As it happens, Steppe Cement's TSR for the last 5 years was 209%, which exceeds the share price return mentioned earlier. The dividends paid by the company have thusly boosted the total shareholder return. A Different Perspective It's good to see that Steppe Cement has rewarded shareholders with a total shareholder return of 14% in the last twelve months. That's including the dividend. However, that falls short of the 25% TSR per annum it has made for shareholders, each year, over five years. Potential buyers might understandably feel they've missed the opportunity, but it's always possible business is still firing on all cylinders. While it is well worth considering the different impacts that market conditions can have on the share price, there are other factors that are even more important. Take risks, for example - Steppe Cement has 1 warning sign we think you should be aware of. Cheers Wan :-) |
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