PYX Resources: Achieving volume and diversification milestones. Watch the video here.
London South East prides itself on its community spirit, and in order to keep the chat section problem free, we ask all members to follow these simple rules. In these rules, we refer to ourselves as "we", "us", "our". The user of the website is referred to as "you" and "your".
By posting on our share chat boards you are agreeing to the following:
The IP address of all posts is recorded to aid in enforcing these conditions. As a user you agree to any information you have entered being stored in a database. You agree that we have the right to remove, edit, move or close any topic or board at any time should we see fit. You agree that we have the right to remove any post without notice. You agree that we have the right to suspend your account without notice.
Please note some users may not behave properly and may post content that is misleading, untrue or offensive.
It is not possible for us to fully monitor all content all of the time but where we have actually received notice of any content that is potentially misleading, untrue, offensive, unlawful, infringes third party rights or is potentially in breach of these terms and conditions, then we will review such content, decide whether to remove it from this website and act accordingly.
Premium Members are members that have a premium subscription with London South East. You can subscribe here.
London South East does not endorse such members, and posts should not be construed as advice and represent the opinions of the authors, not those of London South East Ltd, or its affiliates.
I spent my Xmas holidays reading through the company's financial reports over many years and I felt this is a well-run company that has invested in its people (workforce) and factories. It has very little debt (if I'm not mistaken) and if there is a wider economic downturn it should be able to ride it out... The only factor I'm bit uncertain is how any CO2 regulations would affect the company. I've understood that cement factories are not the most climate-friendly in that aspect. However, have to put some trust in the management team is addressing the environmental side of the business too. I'm very new to investing so have been looking for well-managed companies with low debt ratio. Just finished listening to Peter Lynch's audiobook One Up On Wall Street and he advises to buy companies with boring names that produce boring products. Don't think that it can get any more boring than having a company called Steppe Cement making cement... My first two companies I bought last year were Michelmersh Brick Holdings Plc (MBH) and Ibstock Plc (IBST). From the outset, they do sound bit boring too and are manufacturing bricks and roof tiles. They have done fantastically for me so far. There are lots of roof on this small island we're living that are coming to an end of their lifecycle and will need replacing in the next 10-20 years, if not earlier.
Ive only just bought in and hoping to stay here for the long haul. Stockopedia has this share down as its top stock at the moment. The low salary of the CEO and the dividend are a big draw so I heeded the advice. Im surprised it doesn't get more interest from taders.
Not sure why it is looking rocky. Looks like a drop in sales price in q4, Maybe it is just some selling on the news. This was 28p not so long ago and investors who bought in then would be caught between a rock and a hard place in term,s of whether to sell.
I've been waiting for days to buy Steppe and was very excited to see the price drop a bit. Might have jumped in a bit too early for a long hold but could not take a risk it hikes up again. So shall be buying more if it drops more. I've read the financials, the company seems to be decreasing its debt and managing its books ok. Perhaps today's results were disappointing for big investors?
No bad news in the RNS. Still showing 8% growth but the share has dipped. What were the markets expectations?
the SP harden. Div yield is excellent here and I never understand why STCM drops like a stone at times despite the fundamentals being rock solid. I will chip in for more on any weakness in the SP.
I agree, disappointing to be back almost to year lows on what appear encouraging results - given up trying to double guess this one, but happy to hold for better times !
interims look good to me but no one seems interested in this share
now after being a bit soft really. Plenty of things in the mix but looks on the road to recovery, Yield is good here and I want to sink more money in when I can.
stoned this one is looking rock solid today. Very good yield here so I don't know why investors aren't queuing round the block to invest.
14% down
All very positive
The Co is worth at least many times with its assets included
Divis will continue going forward
They potentially also are b id target at
Some point ... remember WCC .. very similar investment
on the way? Buyers in at full ask so I reckon a tick up can't be far off. The yield is still attractive even after the recent rise so I expect buyers to be interested before the ex-divi date. I will be reinvesting my divis back into shares as I am cconfident we will have more decent divis going forward.
Sound yesterday after becoming disillusioned with the companu and reinvested the proceeds here. Bought at 37p in 2014 but have had a few divis here.I see this one as substantially undervalued and largely ignored by the market.
will be debt free soon.
Any views these results look good to me..
Nice jump today and although the rise is not set in stone, my buy in price has been reached again. Been some nice divis along the way so this has been a good investment overall. But would like this to go much further having been
around the block with it more than a few times.!
Paid today.
Hi Stag, I bought in at 33p but have a few dividends until they suspended them. Seems to be turning now so I may get back to break even. But the turnaround is not set in stone :)
good pick fallingknife :)
completely stoned this one has gone up today. Been absolutely bricking it as I thought I wasted my money here but who knows now where this road leads to?
This share!
well this board is set in stone
Some areas in and around Karaganda / Temirtau are flooded now to the extent not experienced before. Would be interested to know if cement plant in Aktau (located in vicinity of of flooded cities) are affected in any way.
Took some today ... MMs lifted price immediately.