Steppe Cement Ltd is a leading construction materials producer in Kazakhstan. Steppe Cement’s cement production facilities consist of two dry kilns and four mothballed wet kilns. It is the leading cement manufacturer in Kazakhstan using the dry method which utilises less resources.
Steppe Cement enjoys significant competitive advantages being one of the lowest cost producers in Kazakhstan and the strategic location of its plant enables quick and reliable service to our customers. We have a highly trained and experienced workforce which consistently produce results for our customers. These factors together with the abundant opportunities available set the path for our future growth.
Very interesting. Currently has a dividend yield of 11% with a healthy balance sheet and dividends are covered by earnings. Would be very interested in investing in this on Freetrade.
I have just read the AIM Megathread on here and discovered it is highly unlikely it will be added due to AIM exchange not being a priority for Freetrade without sufficient support from the community so I have provided some pictures of stock information and if any of you would like to see this on Freetrade perhaps enough votes will sway this.
Steppe Cement (LSE: STCM) makes cement in Kazakhstan. And it trades on a forward price-to-earnings growth (PEG) ratio of 0.2. A reminder that a stock trading on a reading of below 1 could be considered to be undervalued by the market, or so goes conventional investing theory.
This penny stock’s low valuation is created by broker expectations that earnings will rise 53% year-on-year in 2021. I don’t think that this penny stock is just a flash in the pan, either. As a provider of essential building materials it’s well placed to ride the construction boom in the Eurasian country.
As the OECD notes, around three-quarters of Kazakhstan’s transport infrastructure needs to be replaced or repaired. The Kazakh government is also taking steps to aggressively tackle the nation’s housing shortage, something that will require massive amounts of cement. It plans to build 103m square metres of housing in the next five years, it was announced back in April.
Steppe Cement’s latest financials showed revenues soar almost a quarter year-on-year in the first half of 2021. Volumes rose 10% from the same 2020 period, while the average cement price jumped 11% to 19,814 tenge per tonne. The company said that cement demand in the country leapt 25% between January and June.
With respect, adding loads of appealing information is unlikely to help your cause. No matter how many times a stock request is bumped by new posts, the rules Freetrade use to decide whether or not they’ll add something won’t change.
Hi there guys, can someone explain what’s going on with Steppe Cement ? I’ve been investing with them for a while but there is no stock analysis rating or report. No dividends are indicated with no upcoming Dividend dates.
There are loads of resources for information on any given stock. Reading widely to make sure you take in different opinions. There are some good metrics via simply Wall Street but an AIM listed company with a £35m market cap isn’t going to get a lot of coverage from analysts unfortunately.
They have only paid one dividend in that last 24 months, with none announced going forwards yet.
