£190m market cap .
Double gee whizz |
Below £200m market cap.
Gee whizz |
Ah thanks London. |
Well if I'm reading this right, Stonex are building a position....see latest RNS.Francoise, have a look. Value your view |
That would be my concern on the due diligence part. Still, let's see what the update is in January and a bid could always materialise in the future |
I agree someone needs to go. The new CEO is 6 months in so can’t be him but that Ann Cairns as our chair woman is a waste of space . Been there since the start and delivered nothing. She loves doing Sunday Times articles saying how great she is and how she will turn things around. She is like a bad smell. Just get shut of her . |
let the US license do the talking -Helios clearly wanted more, nice try |
I don't believe that. Helios would of told them 6 weeks ago that 145 wasn't acceptable. It's more likely they found something they didn't like. It's never a good look when the bidder pulls out.
That plus throwing in a profit warning last week didn't help.
Wouldn't touch this now unless there was a change at the top. |
The deal was really between SToneX and Helios. We were all just bit part players.
It could just as easily have been Helios off record telling StoneX £1.45 doesn’t cut the mustard and its way to low an offer and StoneX with that information thought not worth bidding to save face. |
Can you expand please. The 80s is a good point to reenter for me, I will keeping a close eye on this. It has potential, my only concern would be due diligence by stoneX and did they find anything they didn't like and any warnings from CAB on growth or profitability |
I think they going to 30-40p in next 8 weeks |
I can't believe these have fallen to this level.
I'm in! |
Hey Francoise, you called it right. Well done.I stuck to my plan and added more.Reassuring statement this morning from the Company. |
Directors surely should be buying In here.
If they truly believe in their new strategy then 84p is a bargain. |
Added 10k earlier.... will sit back and wait for things to progress. |
Market cap just over £200m now.
Not may banks , with no debt and fx licences in major areas of the world available at that price. |
Bargain territory now |
Good idea, keep buying all the way to 40p, just keep repeating that "Simply Wall Street" 243 target. Management have such a great track record and of course they will deliver that US banking licence on time as promised...
On a serious note. I'm out. Took a punt on the bid actually being genuine and it didn't pay off. Good luck all. |
It's almost as if people don't take what Simply Wall St say seriously |
Well that me in for another 35k at an average of 92p
Market cap £225m.
Will rise from here in coming days/ months. |
I see Bigwadds has posted but I reinforce the sentiment.
'The Board of CAB Payments is highly confident in the Company's strategy and is pleased with the strategic progress being made. This is expected to drive attractive, sustainable growth from 2025 onwards underpinned by four strategic pillars:
· Network - strengthening the breadth and depth of network
· Clients - deepen existing relationships, expand the client base
· Platform - leverage the banking licence to accelerate FX and payments volume growth
· Invest and innovate - disciplined capital management to drive growth
The Company will provide an update on its 2024 full-year trading performance in January 2025.'
imo |
Why is it in the 80's when Simply Wall Street have a 243 target.... |
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