Cab Payments Share Discussion Threads

[hazl] 23/7/2024 10:59

Finally good news!



'Trivedi said on Tuesday: “Clients choose CAB Payments due to the strength of its banking and technology network, its robust compliance culture, and the breadth of its global banking partner relationships.

“We are in the final stages of the application process for our EU licence and continue to expect our US licence to be granted in the second half of this year.

“These licences will open up significant additional sales channels for CAB Payments among high-quality development organisations and remittance providers, who move considerable sums into our key markets, and will also place salespeople close to major market banks in both geographies.”



From Lars Mucklejohn in Yahoo in March.

[hazl] 23/7/2024 10:45

Ah citadel have reduced their negative stance from 0.51 to 0.44 this looks as if worst is behind us to me?

But we will have to see.
Explains a lot of the previous drag.

[hazl] 23/7/2024 10:34

They will have reduced their short for a reason.
Perhaps because of results in September or better still news about the US?
Anyway, if so the rest might follow.


Best to be aware of the total picture.
But explains previous drop and probably related to uncertainty in Africa.


Very interesting.
Will get a better picture the more I delve.


IMO

[hazl] 23/7/2024 10:11

Ah looked at the short tracker and whilst that has had an effect no doubt, Arcadian and Walleye capital have both reduced their short so both bad but better news.

[hazl] 23/7/2024 10:03

This afternoon might be better.

[hazl] 23/7/2024 10:03

Actually premarket Dow is looking a lot better at the moment and the FTSE from what it was.

[hazl] 23/7/2024 10:01

Interest fom Black Rock and Fidelity , tells it's own tale.
To me anyway.

[hazl] 23/7/2024 09:59

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 09:52

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 08:47

Majo shareholders quite interesting.

According to this Fidelity Black rock and so on.

[hazl] 23/7/2024 08:25

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 08:17

'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 08:10

Well worth refreshing ourselves on the annual report.

[francoismyname] 22/7/2024 18:59

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 17:14

Interm results 4th September

[gemlotte55] 22/7/2024 10:06

Is trading update this week?

[hazl] 22/7/2024 09:18

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


IMO

[hazl] 22/7/2024 09:16

Seems to have interest.

Pleased to say.

[hazl] 17/7/2024 08:59

Perhaps montynj.

Anyway see how it goes.

[montynj] 16/7/2024 20:58

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 14:33

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

[hazl] 15/7/2024 10:15

Thanks bigwadds!

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

[bigwadds] 15/7/2024 07:50

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

[hazl] 13/7/2024 11:21

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 14:15

Three interesting buys after close yesterday evening.

Wonder what that was about.

Guess we will see in time.