Cab Payments Share Discussion Threads

[mustau] 04/4/2024 15:31

Expected more but squib it is

[london07] 04/4/2024 10:59

What I love about CABP it's running totally under the radar. Hardly anyone has cottoned onto the massive value gap.

Yes very similar to YU, no debt, cash machine, growing, with new licenses the opportunities are endless.

Capital reallocation to shareholders will come sooner rather than later.

Long term patience hold. One of them rare opportunities.

Also get back towards IPO price of 335p, and back in the FTSE250.

[babbler] 04/4/2024 07:59

Sounds to me like YU was 3 years ago when I found it at 1.30. now 18.PAYtience.

[london07] 04/4/2024 07:51

Had a 585p target only several months ago. Today 125p 😂. What an opportunity.

This is rocket fuel for their growth plans. We will now see a sustained rise over weeks and months.

Growth at 25% last year, now growth will be on steroids

Producing cash like a printing machine, over £1m a week!!!

Hugely profitable.

And very very unique, HAS ZERO DEBT!

A real opportunity of a lifetime with such a low valuation for a Premium Listed company.

[babbler] 04/4/2024 07:27

What a great op at 120 open today. Expected a higher one tbh. Joy of UK market.

[babbler] 04/4/2024 07:02

Should breakout today and be top risers board of the market is any good lol

[hamhamham1] 04/4/2024 06:04

Ready for take off peeps ;)

[hamhamham1] 04/4/2024 06:03

RNS Number : 2997J
CAB Payments Holdings PLC
04 April 2024

Granting of European Licence

CAB Payments announces that its Dutch subsidiary has secured a payment service provider licence with De Nederlandsche Bank N.V. (DNB). This entity will be eligible to provide services across the European Economic Area (EEA) under the passporting regime. This is one of the operational and strategic initiatives that underpin the Group's growth aspirations for 2024 and beyond. CAB Payments is confident that being able to provide services across the EEA will bring significant opportunity for the business and for the clients and the markets it serves. The Dutch licensed firm will be based in The Netherlands and will operate under the name of CAB Payments Europe.

Bhairav Trivedi, Chief Executive Officer of CAB Payments, commented:

"I am delighted that CAB Payments Europe has received this approval from such a respected regulator within the EEA. The Company is committed to the highest standards of compliance and client service. This is a significant step in the expansion of the business and presents a substantial growth opportunity. We have long seen Europe as an important market for the Group. We look forward to engaging with potential clients, to move money where it's needed."

[mirabeau] 04/4/2024 06:03

Positive development

[lawson27] 03/4/2024 11:48

Would be nice to see this one breakout from recent, GLA

[muffster] 02/4/2024 18:40

One wonders what PR work may be undertaken to raise the profile ready for Helios exit

[m w] 02/4/2024 15:06

Thanks you much appreciated

[the millipede] 02/4/2024 15:00

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 14:44

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 13:40

Any links to helios selling out please

[the millipede] 02/4/2024 12:29

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 ¡