Cab Payments Share Discussion Threads

[babbler] 22/2/2024 15:56

Could be last of the shorts closing....

[london07] 22/2/2024 15:43

There were 2x 1million shares bought last week, so plenty of games being played. Some big boys getting the buys in at the lows and wait for the inevitable 📈📈🚀

1 million shares were bought at 106p when the ask was 102p 🙈

Follow the money as they say.

[muffster] 22/2/2024 12:24

Now I know why, 90,000 just bought

[london07] 22/2/2024 12:14

Just look at CABP Chair messaging on senior Mastercard employees LinkedIn posts, including the President of Mastercard! She was the Vice Chair of Mastercard for nearly 12 years!

Can she not get Mastercard to buy in here 😉😉🤣

With such a pitiful EV/EBITDA valuation would not be surprised someone swooping in for CABP, predators will be circling.

Half market cap covered in cash by the end of this year.you have a business with a 50%+ EBITDA and an astronimal cash conversion %, if I had a few hundred million spare, I'd be buying them out myself 🤣🤣

Basically get your money back in just a few years. Insane 🤯

[muffster] 22/2/2024 11:47

I'm just placing an order...market closed for online trades

[london07] 22/2/2024 11:19

I'm just patiently waiting for some nice dividends from their huge cash pile building up everyday.

They should easily have £140m+ cash by the end of this year. Current market cap £250m 😂😂

Even just setting aside £10m in dividends for starters is 4p a share, or 4% yield at current price, for a 25%+ Growth company that would be spectacular 🚀🚀

[london07] 22/2/2024 10:39

Was touching 118p just a few days back.
Massively undervalued as it is, then more than 25% wiped off on nothing 🤦‍a94;️

Only shows me some are desperate for the shares, some will have inevitably been wiped out! It's was just a smash and grab.

Liquidity is non existent, and the manipulators did what they do. They smacked it down, expect it to rise even harder now.

With huge cash generation expecting £78m FCF in 2024, could be materially higher who knows with new clients etc.

Cab Paymentd has an EV/EBITDA for 2024 of less than 1x. I am sure you won't find any other company on LSE with a lower EV/EVITDA. It real🤯㊄7;

With all the cash being generated, Dividends and or Share buybacks has to come, no questions about it.

[con90210] 22/2/2024 07:27

Let's hope for a hard bounce today then. Managed to pick up nearly 10k of shares for average of 92p yesterday.

[muffster] 21/2/2024 22:34

No Con, no news.Thinly traded share and therefore large moves if buying/selling pressure.Large volume of trades today so I'm expecting FMR LLC to have initiated the sales, with algo's jumping on the selling volume

[con90210] 21/2/2024 20:19

Any news out there why the drop??

[ted1066] 21/2/2024 14:09

More like Flutter!!

[sbb1x] 21/2/2024 13:45

Smash and Grab today looking for cheap shares, dirty dogs going back to recent highs imo

[london07] 21/2/2024 13:18

Will look back in days to come when it blasts through 120p to see the shenanigans that was played, and mm's cleaned up.

It's a very illiquid share so easily manipulated.

Earlier it dropped 3.4p when the algo sold just 20 shares 🤣. Really can't make it up.

Buys outstripping sells comfortably yet 15% down hahaha

A Premium Listed Company should not move this way, this is NOT AIM!! Hence why LSE is is not functioning as a market anymore.

[muffster] 21/2/2024 13:05

Me neither, last update mentioned 25% higher incomeI expect its FMR LLC just selling down

[con90210] 21/2/2024 12:47

Unless issues with any licenses this is a great drop to buy up again! Nothing in an RNS so not hugely worried.

[zhenya21] 21/2/2024 12:45

First time buyer today on that drop.

[muffster] 21/2/2024 12:38

Probably an RNS soon on funds selling ? Large dropHave added

[london07] 21/2/2024 11:16

25% discount in 2 days Lol
Looks like plenty of stop losses wiped out.

Just read the facts and RNS here, simples.

With all the cash they are producing (£38M Free Cash Flow in H1 23 alone) just waiting for Dividends and Share Buybacks.

Not long to wait, 26th March.

[sbb1x] 21/2/2024 10:32

Hit 118 yesterday, so a healthy 25 percent pullback for it to go higher.

[montynj] 21/2/2024 10:21

It's normal volatility and i'm not worried because the chief financial officer bought a chunk of shares in january at around these levels

[nakedmolerat] 21/2/2024 10:08

never played with CAB before, but the movements wild today

[foreverbull] 21/2/2024 10:01

Not surprised... every up move will be sold/short sold here

[muffster] 21/2/2024 09:38

Back to the price Richard Hallett bought in at...

[cashandcard] 21/2/2024 09:30

This will go back down to the lows.Reality is, it listed on the wrong market.Cash

[hezza123] 21/2/2024 09:09

Hoping it's just stop-losses being triggered... Reluctantly topped up! :-/