Cab Payments Share Discussion Threads

[freedomexpress747] 26/7/2024 19:46

Good sector, good business model, could be a buy medium term... what's worrying is the weak management...should sell the business to a bigger player

[francoismyname] 26/7/2024 18:15

18th consecutive down days.

Must be some kind of record.

Reported yesterday to FCA

[muffster] 26/7/2024 10:36

Hazl, they keep saying income up 20%, then saying income.expected to drop. Its so poorly managed

[muffster] 26/7/2024 10:35

Francois, have you actually reported this trading to FCA insider trading?There appears to be a case to answer

[hazl] 26/7/2024 09:19

What needs to be seen is if the sector is due a recovery.

I will do more research over the weekend.

[hazl] 26/7/2024 09:18

Well the trades seem to have got mixed up.
At quick glance I can see that a clear buy judging by trades around it has gone into the sell column.
It is the spread to my mind that can cause this to happen.


IMO

[mustau] 26/7/2024 08:34

No credibility left, seen it all before with these Indian bods.

[muffster] 25/7/2024 18:24

Actually, francois I've checked Director buys and sellsIt stinksChief risk Office bought 83449 shares at 60p Nocember 2023.Then sells 83449 shares at 155p, May 2024.Made 80k in 6 months, possibly with the greatest insider knowledge available to him

[sbb1x] 25/7/2024 16:55

Not the best finish at 87.60. But tomorrow is another day.

[m w] 25/7/2024 16:43

price target of 214

[sbb1x] 25/7/2024 16:03

Nice buy just rolled in @89.55

[sbb1x] 25/7/2024 15:37

Mm got rid of a few sellers earlier, could see mid 90s tomorrow.

[hazl] 25/7/2024 14:24

It's the general market adding to the woes.

IMO

[m w] 25/7/2024 11:49

CAB Payments attempts to move on from challenging year

[hazl] 25/7/2024 10:35

Well seems to be creeping up from lows so don't blame you Sbb1x!

[sbb1x] 25/7/2024 09:20

Waited a long time to get my buy this morning, watched it from 140 to 80 then i hit buy, hold for gold now and avoid the noise

[babbler] 25/7/2024 08:50

Most the market would be in jail by now if they did. Unfortunately part of the modern internet world

[hazl] 25/7/2024 08:50

'Outlook for 2024:

The business is now on a more balanced trajectory with 2023 proving to be an exceptional year. The Group also believes that in 2024 there are no significant tailwinds in its major corridors.

As a result, the Group expects Total Gross Income for 2024 to be marginally down compared to last year, while continuing to demonstrate double-digit growth in its underlying Transactions business (beyond the 2023 top 3 corridors).

It is anticipated that Gross Income will continue to rise in the second half due to seasonal volume uplifts, new products, and network and geographical expansion, creating higher operating leverage in H2.'

So conclusion for me is that you can either wait till better second half or accept
it is going to be volatile.


IMO

[francoismyname] 25/7/2024 08:43

So the leaks over the past six weeks cost us a 40% decline and then today a further 20%.

Feels like a double whammy - well played the BOD.

18 consecutive down trading days including today. The BOD should go for leaking information. Illegal and corrupt. Should do jail time.

[babbler] 25/7/2024 08:32

https://x.com/BabblerBestBets/status/1816371985057767692

[sbb1x] 25/7/2024 08:26

Time to buy

[babbler] 25/7/2024 08:15

anticipated that Gross Income will continue to rise in the second half due to seasonal volume uplifts, new products, and network and geographical expansion, creating higher operating leverage in H2.IE they are expecting USA expansion imo.

[babbler] 25/7/2024 08:06

They hinted at it.

[greenknight1] 25/7/2024 07:58

No mention of US licence?