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Steppe Cement (STCM)

London
Currency in GBP
Disclaimer
19.00
0.00(0.00%)
Closed

STCM Price Commentary

Big move. Big dividend payer. 40-50p range bound
bought at 33 sold out at 49 to avoid loose after ex divi xD
You bought at 33 means you got a 15% return if you held on, price is now about 44 which is only 10% down from your selling price. If the divi goes to 6p next June/July you would have received an 18% ROI next year. If you but back in now that yield will be 13.6% it is not always worth selling at higher prices, especially if you managed to buy so low, but of course that depends on whether you are looking for Cap growth or income, I get that. Either way, good luck!
all truth. I have a small portfolio just investing for only 2 years. Still Lizz Tuss mini budget took it down 10k. Already seen this and few others stock going up and down to 30p twice. Going to buy again if will see next drop. Most of my portfolio is set for long run. Just gambling on 1 or 2 stocks which seems to be cyclical.
Serious PP and CC business model with this stock.
will they pay a dividend?
yes
great
Absolutely
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