Cab Payments Share Discussion Threads

[gypsyfortuneteller] 24/10/2023 07:11

Wowzer.

This was feted as the biggest and best ipo in london this year

Total con trick

The FCA is not fit for purpose. They regulate all the wrong things

[albert zog] 24/10/2023 06:53

Absolute humdinger

Massive revenue miss, with 100% operational gearing

Will be mullered

[gypsyfortuneteller] 24/10/2023 06:17

Massive profit warning.. another gold star for London IPOs

People should go to prison

[aishah] 20/9/2023 15:16

Entered FTSE 250 on Monday.

[johnv] 20/9/2023 11:24

243.0.p to buy, all those reds are buys.

[spwh100] 19/9/2023 17:29

Not known as ‘Bankers’; for no reason. Wouldn’t trust them as far as I could throw them

[eigthwonder] 18/9/2023 14:00

the conflict of interest is a non-story as the investment bank and asset management arm may have the same parent but are very much separate operations - in fact, any suggestion they were linked on day to day business would be a total no no regulation wise

[aishah] 18/9/2023 08:40

Eps fcsts: 2023 20p, 2024 31p
P/e 12.7 followed by 8.23

Likely to enter ftse 250.
Is the risk here the emerging markets in which it operates?

[johnv] 17/9/2023 11:19

Whopping sell of 4m on Friday.

[greenhat2] 30/8/2023 12:37

No I'm not joking and no I haven't read prospectus Can you clarify ?

[se81] 30/8/2023 12:33

Are you joking? Have you read the IPO prospectus? (or the additional information at the bottom of the TR-1s?)

[greenhat2] 30/8/2023 12:27

Bloody hell... Helios have taken 45% of CABP Is this a takeover ?

[greenhat2] 25/8/2023 10:41

CABP - Canaccord have put out a note mid august - "Importantly, we note this range is based purely on peer group averages and excludes any premium valuation that might be attributed to CABP due to its superior historic and forecast returns. We take the midpoint of the range (£1.5bn) to derive our 585p target price."

[greenhat2] 25/8/2023 10:37

CABP have been growing in revenue and pbt pre float and it's acting as though it's put out a profit warning h1 results out on 15th Sept will tell the tale Black rock recently took 6% Nearest comparable WISE ? WISE PE 60 vs CABP PE 17.7 Payment processors usually have a high PE think paysafe and world pay who used to be London listed I've loaded up my position today can't really seeing it going below what black rock paid 242 Black rock have put a floor on it I note that they are big in frontier markets The only real way for a processor to expand is by acquisition Emerging markets are really the final frontier for consolidation and CABP seem to have a good lot of the frontier covered with their offering

[theclangers] 23/8/2023 17:09

You could right, they soaked up 3 big sells of 245k today and the price is up!
They could of sold this short and now need the stock

[biggest bill] 17/8/2023 10:09

I have bought back in. A good sign is that the market makers don't seem to have much stock at the moment. Every buy I made had to be made at a slightly higher price than the last.

[biggest bill] 17/8/2023 08:10

I see that Canaccord have now set a price target of 585p. It hasn't stopped the share price from falling further.

[biggest bill] 17/8/2023 07:37

I have some concern that cabp's profits in Africa, especially Nigeria, might not be sustainable. On the plus side, the company is growing quickly and the forward pe ratio (by my estimates) looks very attractive. There is now no open short position above 0.5% which is another positive. However, I cannot find any independent broker analysis of the company. So I might be missing something. If the price stabilises, I might be tempted to go back in.

[banger] 17/8/2023 03:23

I think you’ll need to give it time, there’s not much value in looking at buys and sells. Better to investigate the Crown Agents Banks past performance, or was this just a whim purchase?

[biggest bill] 31/7/2023 08:26

I've sold out. Something very fishy is going on here. The pattern of buys/sells in this share look very odd indeed. With short positions starting to appear and the price stabilisation scheme due to end soon, I'd rather stay on the sidelines for now and see what happens.

[biggest bill] 20/7/2023 08:33

I've bought a few shares here. The current price is a big discount to the offer price and the price seems to have stabilised. Even at the offer price, the shares looked a decent buy. It looks as if the people managing the ipo completely messed up the launch but it has given the opportunity to get the shares at an attractive price.

[biggest bill] 17/7/2023 15:22

What's with the relentless selling here? I presume that it must be retail investors who got shares in the public offering and thought that they would make a quick profit. Despite the shares being oversubscribed, the share price has never reached the offer price and now these investors are cutting their losses.