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Steppe Cement Share News (STCM)
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Steppe Cement Information
Share Price Information for Steppe Cement (STCM)
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Share Price:
18.50
Bid:
17.00
Ask:
20.00
Change:
0.00 (0.00%)
Spread:
3.00 (17.647%)
Open:
18.50
High:
18.50
Low:
18.50
Prev. Close:
18.50
Last checked at -
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Fri, 02nd Sep 2011 12:06
The population of Astana, Kazakhstan's capital city, has more than doubled in the last 10 years.Not only have new homes been required for its new citizens, but a host of weird and wonderful government buildings have cropped up and are still appearing, symbols of commodity-rich Kazakhstan's new wealth.Cement is needed for all this new construction, which is good news for Steppe Cement, the provider of about a fifth of Kazakhstan's supply of the building material."The Kazakhstan Government has continued its infrastructure projects and ongoing support for completion of real estate projects in Almaty and Astana," Steppe said as it posted a rise in half year profits as well as narrower losses. Astana replaced Almaty as the country's capital in 1997.Steppe has benefited from increased production of cement and higher prices. It expects prices to rise higher still. One possible issue for the company in coming years is the arrival of competitors, which it very honestly refers to in its results statement. But it may be foreign imports rather than Steppe's market that these new providers eat into. Kazakhstan buys cement from Russia, Kyrgyzstan and, ironically given that it is the main source Kazakh commodities such as copper, China. But imports' share of the Kazakh cement market is decreasing.Steppe's success is quite clearly related to the building boom in Kazakhstan, which is in turn a manifestation of the country's ability to benefit from strong commodity demand from China. Notwithstanding competition worries, continued growth from China should be good news for Steppe.
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Steppe Cement reports revenue growth, cites positive market conditions
(Alliance News) - Steppe Cement Ltd on Wednesday said it recorded revenue growth in 2022, citing positive market conditions as it focused on the Kazakh domestic market.
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IN BRIEF: Steppe Cement CEO and major shareholder buy shares
Steppe Cement Ltd - Kazakhstan-focused construction materials - The family of Chief Executive Officer Javier del Ser Perez buys 300,000 shares at 31.7 pence, worth GBP95,100. Steppe doesn't say when the purchase took place. The family now holds 18.5 million shares, an 8.5% stake. Meanwhile, the family of David Crichton-Watt, a substantial shareholder, buys 2.8 million shares at prices from 31.00p to 31.75p, worth around GBP900,000, between September 19 and October 11, raising its stake to 17.0% from 15.7%.
Read more7 Oct 2022 20:16
TRADING UPDATES: Steppe Cement revenue up; H&T raises GBP16.9 million
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Steppe Cement rises on third quarter growth
(Sharecast News) - Steppe Cement updated the market on its third quarter performance on Friday, reporting revenue of KZT 13.07bn (£25m) - 9% higher year-on-year.
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Steppe Cement maintains first-half volume, increases turnover
(Sharecast News) - Steppe Cement updated the market on its first-half performance on Tuesday, reporting that it sold 837,063 tonnes of cement for KZT 19.58bn (£35m).
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UK shareholder meetings calendar - next 7 days
| Thursday 7 July | |
| C&C Group PLC | AGM |
| Distil PLC | AGM |
| Emmerson PLC | AGM |
| Faron Pharmaceuticals Ltd | GM re issuance of shares |
| FD Technologies PLC | AGM |
| Great Portland Estates PLC | AGM |
| Greencare Capital PLC | AGM |
| J Sainsbury PLC | AGM |
| JPMorgan European Growth & Income PLC | AGM |
| Land Securities Group PLC | AGM |
| Likewise Group PLC | GM re approval of waiver by takeover/merger panel |
| N Brown Group PLC | AGM |
| Octopus Apollo VCT PLC | AGM |
| Peel Hunt Ltd | AGM |
| Pets At Home Group PLC | AGM |
| Puma VCT 13 PLC | AGM |
| Severn Trent PLC | AGM |
| TomCo Energy PLC | AGM |
| Friday 8 July | |
| Kavango Resources PLC | AGM |
| Value & Indexed Property Income Trust PLC | AGM |
| JPMorgan Multi-Asset Growth & Income PLC | AGM |
| Monday 11 July | |
| Downing Strategic Micro-Cap Investment Trust PLC | AGM |
| National Grid PLC | AGM |
| Randall & Quilter Investment Holdings Ltd | GM re fundraising |
| Water Intelligence PLC | AGM |
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| British Land Co PLC | AGM |
| BSF Enterprise PLC | AGM |
| Burberry Group PLC | AGM |
| Capital Gearing Trust PLC | AGM |
| Kazera Global PLC | AGM |
| Sanderson Design Group PLC | AGM |
| tinyBuild Inc | AGM |
| Wincanton PLC | AGM |
| Wednesday 13 July | |
| Asiamet Resources Ltd | AGM |
| Esken Ltd | AGM |
| LondonMetric Property PLC | AGM |
| Mycelx Technologies Corp | AGM |
| Oilex Ltd | GM re name change to Synergia Energy |
| Steppe Cement Ltd | AGM |
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13 Jun 2022 17:01
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