Cab Payments Share Discussion Threads

[hazl] 23/7/2024 08:59

I suspect it is just down to technicals...number of shares in issue/available and then general uncertainty in the market, myself.

Who knows?
It is a difficult share to value but Africa is a growing market,from what I have read.
It will be sure to have it's fits and starts, especially in this market.


IMO

[francoismyname] 23/7/2024 08:52

Feels like some insider trading going on here.

Literally gone down in a straight line the last few weeks with no stopping it. Normal oversold markers would kick in but not happening here at all.

Usually a sign that inside information has been passed or illegally obtained by a selected few.

London really is rotten to the core.

Should do jail time.

[hazl] 23/7/2024 07:47

Majo shareholders quite interesting.

According to this Fidelity Black rock and so on.

[hazl] 23/7/2024 07:25

Financial highlights.
Gross income.
2022 £109.4m
2023 £137.1m

Adjusted PB2

2022 £49.2m
2023 £58.7m

EBITDA
2022 £55. m
2023 £64.6m


CAB Payments Holdings plc | Annual Report and Accounts 202302
Our 2023 Highlights

CAB Payments

Strong financial performance
underpinned by a focus on serving clients

FINANCIAL HIGHLIGHTS
Gross Income1
£137.1m
Adjusted PBT2
£58.7m
Adjusted EBITDA1
£64.6m

[hazl] 23/7/2024 07:17

'Uniquely placed to capture shares of a large addressable market'.


Their mission is to connect emerging markets to the global economy through 'our unparalled network of cutting edge technology and deep expertise in Foreign Exchange FX and payment'.

[hazl] 23/7/2024 07:10

Well worth refreshing ourselves on the annual report.

[francoismyname] 22/7/2024 17:59

Bought a good few more today.

Still have strong feelings this will come very good.

USA licence and it doubles in an instant. Must be doing well from the European licence awarded this year.

Buying the dips here.

[m w] 22/7/2024 16:14

Interm results 4th September

[gemlotte55] 22/7/2024 09:06

Is trading update this week?

[hazl] 22/7/2024 08:18

Some of those trades are in the wrong column I believe!


IMO

[hazl] 22/7/2024 08:16

Seems to have interest.

Pleased to say.

[hazl] 17/7/2024 07:59

Perhaps montynj.

Anyway see how it goes.

[montynj] 16/7/2024 19:58

Maybe this explains weakness .......Certain Ordinary Shares of CAB Payments Holdings Limited are subject to a Lock-Up Agreement Ending on 11-JUL-2024.

[muffster] 16/7/2024 13:33

Lots of selling.Results due in September, 4th.

[hazl] 15/7/2024 09:15

Thanks bigwadds!

I'm having a good day on the market today .... so that can only add to it.

[bigwadds] 15/7/2024 06:50

Shore Capital has this as a new buy with a FV of 180p :-)

[hazl] 13/7/2024 10:21

Interesting to note that the bid is more than the mid price!

So they would pay you more than the supposed mid price.


Hmmmm.

[hazl] 12/7/2024 13:15

Three interesting buys after close yesterday evening.

Wonder what that was about.

Guess we will see in time.

[hazl] 12/7/2024 07:34

No one client is instrumental for more than 7% of the business so risk is carefully managed.

IMO

[hazl] 12/7/2024 07:25

It seems 50% of Cab Payments income comes from FX.
25% comes from banking.
25% comes from payments services for the group's business.

[hazl] 12/7/2024 07:25

'Access to extensive liquidity and competitive real-time pricing across hard-to-reach markets and G10 market currencies.

A market-leading digital platform for day-to-day exposures in FX, with executable prices in 100 currencies across over 550+ currency pairs.

Streams executable pricing in over 550+ currency pairs with instant execution via web applet GUI or FIX API.

Access to over 100 markets with over 100 currencies .'

From their site.

[hazl] 12/7/2024 07:11

A good start to what I see as an undervalued share.

[hazl] 11/7/2024 17:01

I think we have seen the above before but hopefully some feedback from the area?

[hazl] 11/7/2024 15:40

'CAB growth to 2030

We are on a substantial international growth journey; we have just opened our EU business, CAB Payments Europe, in the Netherlands and we are due to open offices in the USA in the near future. Over the coming years we will have a bigger team devoted to Latin America. They will be working with local banks in the region, perhaps spreading our network out to institutions operating in secondary and tertiary cities in our focal markets.

At the moment, Latin America’s international financing flow is dominated by the US. I think we can help the region grow its links to the rest of the world. Our slogan is that we “move the money to where it’s needed,” so whether it is the south of Mexico or a jungle in Brazil, you will see CAB doing more of that in 2030.'

[hazl] 11/7/2024 13:06

Well I can't believe these have got so low again
and decided it was time to get back in!

Good luck folks.