The latest Investing Matters Podcast with Jean Roche, Co-Manager of Schroder UK Mid Cap Investment Trust has just been released. Listen here.
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Thanks for the heads up - I must be honest it escaped me - I really have not been on the ball recently! Tried your link - but for some reason the page wouldn't load, so I found it on ADVFN: http://www.advfn.com/p.php?pid=nmona&cb=1257430004&article=40126636&symbol=L%5ESTCM Thanks for the heads up mate!
I didn't notice this til now. https://www.share.com/cgibin/oicgi.exe /inet_tsc_dl2pass=1&csi=134460&action=news&story_id=3093556&rns=1 Overview - Date: Friday 30 Oct 2009 LONDON (ShareCast) - Kazakhstan-based cement supplier Steppe Cement posted higher revenues in the third quarter despite lower prices after lifting production. Third quarter revenue totalled KZT3.083bn (£12.6m) a rise of 11% from the same period a year ago, with sales volumes climbing by 35% to 286,896 tonnes. The average price for cement between the two periods fell to KZT9,551 from 14,554.
Not a top riser - but I certainly ain't grumbling! Nice little 4.72% rise will do - lets hope it sticks. Good Luck.
Thanks mate. I'm hoping AI will come good - they were due to list on the main markets would you believe. But time will tell. Good luck with your suspended share - hope that one comes good for you!
It is tempting to take some profits during a quick spike. I just don't like to do that with shares that have large spreads. The KZT has stayed very steady against the dollar recently - unlike the crazy euro/gbp to usd fluctuations. http://www.exchange-rates.org/history/KZT/USD/T is good for checking current/past rates. Best of luck with AI. It's no fun having a share suspended. I've got a holding in 1 that's been suspended for several months and appointed administrators. Somehow they have got funding and look like they will be relist next month. I don't know much about AI. (just seen the recent FT article) but hopefully their situation isn't so perilous and it comes good.
Don't worry mate - hindsight eh?! I was honestly very tempted to to take profits in the mid 70's, but became complacent because I was nursing a few losses on a few other shares, and my holdings in Aero Inventory got suspended - so took my eye off the ball. However, I did think we would see at some stage a pretty shocking retrace to shake out weak holders. Thankfully I held on tight, because I think we will see some (albeit slow) improvement here. Keep your eye on the dollar though. I think this share is quite closely pegged to health of the dollar for obvious reasons given the debt levels of the company. Well worth keeping a close eye. Good luck.
We're nearly back to where we were 6 weeks ago then! Stranger things have happened I suppose - it did break out on the back of zero news so I guess this fall is not too suprising. The spread keeps me locked in - I'm not nipping in and out of a share that has a 10% spread no matter what. Some people must be sat on big paper losses now or had some stop losses triggered. If we see 40's again then I'll have to top up.Come on STCM, give us a positive update. Next news probably in December??
....for the past 5 days - not great for STCM and its $ denominated loans! Dollar seems to have bounced off 2008 lows, so could be breaking out. Not great for the markets really.
Seems to have support in the low 60's at the moment. If it holds, we could start seeing the beginnings of a new up leg. If it breaches 60p, we could be in for a rough ride.
I could be wrong, but with reference to my previous post I see this more as MM trickery than anything else. Why else would they drop the price, scaring some unwitting investors into selling, yet their not prepared to part with their own stock for less than 15% more than they will buy them for?? Checking for news on the company, nothing has fundamentally changed as such. This is only my theory - I could be wrong. But on this basis i'm holding. After all - I did say to expect this sort of drop before the next upleg - the MM's love to mop up some cheap shares before ratcheting up the price. As always DYOR, because the stock market moves in mysterious ways, I only wish I could get it right every time! Good Luck
76 to buy and 66 to sell. Why such a big spread all of a sudden? What is going on? Anybody?
Holding up very nicely at the moment. Wouldnt be surprised to see a sharp MM induced downward spike though, before the next major upsurge (just for them to get stocked up!). Notice how that occurred just before the last breakout? Personally i'd rather see this one gaining 1 or 2% per week, and staying slightly under the radar. I dont need the drama! But definately chuffed with this one since buying in @ 45p - one of my better investments this past month or so, along with CDI ,CLI, & SWG. Long may it continue!
agree with you.....ive been watching this beauty for about a month and in the last 2weeks there have been some very large buys....something good is brewing gl
i think alot of dumping will be done during the late 80's mid 90's.... other than that 100.00 should be relatively soon. mid term the sp could be doubled.
appearing as sell on here.
Really tempted to buy 1 share. =P
Interesting day graph - big jump, big drop! Short term I have no idea - just holding. Daren't try to time nipping in and out of this 1.
Very pleased with the rapid movement. I've still had a bad week overall but good old STCM has stopped it from being a disastrous week! The chap who said it was 'breaking out' was certainly not kidding.
How do you like the share price now?!! Looks like we got in quite early on this one! Lets hope for further good fortune! GL mate.
200k buy - summat cookin?
1m trade £610k showing on lse above
Massive buys ... hopefully £1 next 6 to 8 weeks.
output of clinkers increased to 2000tpd - thas alot o clinkers ;o]
Gaining each day, even when the general market stays pretty flat like yesterday. Retrace at some point is probable in the short term, but for long termers this is just a taste of things to come. As i,ve said before, I'm sticking with this one - I think @ sub 50P anyone who bought in here has had a bargain. In 5 years time it will be a distant memory!
Nice to see some activity, plenty of buys today. I don't use or know how to use charts properly - I just look for long term value so if you have any other comments on charts/techs along the way then please post them. The late 30's/40p dip post results was expected but very brief - note to self to set auto top up buys in future to catch these dips before it's too late.