Cab Payments Share Discussion Threads

[m w] 02/4/2024 16:06

Thanks you much appreciated

[the millipede] 02/4/2024 16:00

mw There is a presentation on Helios website. DYOR etc.

But also a largely positive write up on seeking alpha (I think everyone gets a free article if you want to read it without paying) which states:

“Helios owned 41% (after IPO) and, according to their last investors presentation, they plan to sell down their fund III positions by the end of 2025. This poses a short to medium-term risk but may turn into a catalyst thereafter. It is necessary for Helios to exit their position so CAB can apply for CHIPS (Clearing House Interbank Payments System) access and obtain $USD clearing capabilities.”

[dmf] 02/4/2024 15:44

Helios had listed CAB on LSE...so i understand

Considering the fall in share price since IPO in 23 ....not sure if Helios are holding a significant loss on their holdings of CAB ...considering share price was 3.25 shortly after IPO

[m w] 02/4/2024 14:40

Any links to helios selling out please

[the millipede] 02/4/2024 13:29

Maybe. This has been a very good trade for me so far. But two big risks for longer term:

1/ Helios, which owns 45%, have said they want to sell out by 2025. This potentially creates a massive overhang, drag on the share price.

2/ Nigeria. We still don’t really know what the problems are that led to the previous announcement and share price falls. True there is a lot of money there. But also corruption, killing, and inability to exploit resources. Nigeria is not anyone’s go-to investment arena right now, or ever.

BWDIK

[london07] 28/3/2024 13:31

Net income is up if you remove the one off IPOcosts last year.

PBT would have been over £50m!!!

Market will soon catch on to the fundamentals. Some companies valued at 40x, TRST at 140x, CABP just 6x lol

Totally broken Market for CABP, should be at multiples with the results they have just produced.

ZERO DEBT
£65m EBITDA
£57m FCF
47% EBITDA Margin
25% growth
Circa £15m totally one off IPO costs.

An absolute bargain.

[dmf] 27/3/2024 20:15

Although revenue has increased 114% from FY 2022 net income has dropped 22% and over the same period profit margin has dropped from 84% to 29% impacting EPS which is down from £0.42 to £0.10
In addition FCF is forcast to drop significantly over the next 2 financial years.
I will wait for a better entry point
Longer term outlook good with possible entry to US narkets

[pembroke4] 27/3/2024 17:31

dmf, will be surprised if we drop that far. There is so little liquidity in shares. The smallest of buys / sells moves the share price quite a bit. Anything below 90p and i will be adding to my 115,000 already accumulated. Just going to sit on them. The figures are solid.

[dmf] 27/3/2024 09:02

Looking at an entry point below 80p

[dmf] 26/3/2024 20:35

There seems to be the perception if buys exceed sells then stocks move up !

Numerous times where sells exceed buys stocks move up. Nothing unusual in this perceived irrational behaviour,

[mustau] 26/3/2024 20:19

Over 100 million in cash, I’ll take small tranche am.

[london07] 26/3/2024 19:50

Just mm's clearing the decks before the next move up.

Everything was as expected. Most forget embedded in todays results were the one off IPO costs. Even then the profitability and cash generation is stupendous.

Funny how ended 10% down today even when buys edged sells 🤣 can't make it up. The LSE casino.

[m w] 26/3/2024 11:38

Profits down at London-listed fintech CAB Payments

[dmf] 26/3/2024 09:25

This was £3.35 following the IPO only last year ¡

[muffster] 26/3/2024 08:18

Good results and significant new clients and banking license due

[beatme1] 26/3/2024 08:07

Doesn't matter if the rns isn't showing Best short of the day People not happy with these result s

[beatme1] 26/3/2024 08:03

Major dumping

[beatme1] 26/3/2024 08:03

F hell were the results that bad

[montynj] 26/3/2024 07:55

Results still don't appear on advfn...I had to find on twitter

[london07] 26/3/2024 07:48

Totally Debt Free for a Premium Listed company is extraordinary, can't be many out there.

And £57m generated in cash 🔥 dividends will come in 2024, no doubt.

And to think this includes all the IPO costs, otherwise FCF would be well over £70m 🤑

[mirabeau] 26/3/2024 07:38

CABP need those two licences (EU, US). With those in the bag this will go for a proper run up in price

[bigwadds] 26/3/2024 07:13

A presentation webcast and live Q&A conference call for analysts and institutional investors will take place on March 26th 2024 at 9.30 am UK Time, and a webcast of the presentation will be made available on the Group's website at Investors Home (cabpayments.com), where you can also register for this event.

[montynj] 26/3/2024 07:07

Why....they seem good