Cab Payments Share Discussion Threads

[babbler] 05/9/2024 15:16

Lovely. And as predicted.

[francoismyname] 04/9/2024 14:00

If you weren’t impressed with the directors presentation to ordinary PI’s then I suggest you sell up.

Very refreshing , took good questions in their stride and looked confident they will execute the plan.

It’s a massive bargain down at this price.

[devonlad] 04/9/2024 13:09

The market had the results flagged, this morning was jsut a great top up opportunity and for the mm's to force out weak and results holders which they did admirably, all helps towards the bonus. Should end up today somewhere near where it started and we await the USA licence which should arrive shortly.

[francoismyname] 04/9/2024 12:58

Going to this 2pm presentation as well.

Should see directors buying in the near future surely.

[francoismyname] 04/9/2024 09:45

Well impressed with all of that.

[muffster] 04/9/2024 09:06

Your enthusiasm is infectious.

[francoismyname] 04/9/2024 08:47

New CE0 said new directors and teams will be driven by performance related bonuses. Not done here before. Drive the right behaviours

[francoismyname] 04/9/2024 08:45

You want to see a company like this grow.

If it stands still it will die in time.

Looks like this new CEO wants to make us a major player.

I’m all over this like a rash. The market will cotton on in due course. Strongly feel I’m ahead of the curve on this one.

[muffster] 04/9/2024 08:40

Love your enthusiasm.Temper that with entering any new market involves costs. Their costs have gone up and income has gone down It's not simply entering a market and whoosh.The reasoned answer here it's a positive step in the right direction that will need time to prove itself, whilst sinking lots of cash into growing it.

[francoismyname] 04/9/2024 08:35

In his first statement on the 9.30 call the new CEO said and I quote

“ we will soon be entering the USA market”

Not we may or I hope we will be but a definite positive statement .

Just buy on the back of that.

[francoismyname] 04/9/2024 07:54

Good to see a new high quality team in place. Looks like new central London offices has attracted top talent.

“Updated strategy driven by new senior leadership hires including Global Head of Sales, Head of Network, Head of Payments, Head of European Business Development and Chief Operating Officer, all with significant experience and track-record within the industry”

[francoismyname] 04/9/2024 07:35

If the new CEO has anything about him and delivers a decent update at 9.30am this morning then we go positive.

From the last update all that’s changed in 6 weeks is we have new excellent staff, a tie up with VISA FFS and we have confirmation USA office still on track in next 4 months.

It’s surely a more positive position than 6 weeks ago.

Grab a bargain

[hem007] 04/9/2024 07:27

Hopefully up by close

[francoismyname] 04/9/2024 07:23

Shares bought at 99p

Babbler is so spot on. Read the previous update and only new thing is the new big VISa deal and they are still confident of USA deal in H2. Also sounds like they have recruited some top dollar staff.

“Authorisation from the relevant authorities to open a representative office in the USA remains on-track to occur in the second half”

Should be up today

[francoismyname] 04/9/2024 07:16

About to buy 20001 shares in two ticks

[babbler] 04/9/2024 07:11

They already said that last update. Nothing new in this one apart from the visa deal which is big. Typical market reaction. Opportunity knocks.

[francoismyname] 04/9/2024 06:51

Good update.

Thinking ahead.

New people in post will start to deliver
Full year of European licence
Full year of visa deal
Hopefully full year of USA licence. Looks positive with USA office
NO DEBT
Using strong balance sheet
More diversified FX portfolio

I’m back in again any dips today.

[muffster] 04/9/2024 06:49

My guess is head of compliance will buy in again at 90p and sell out at 160p in 6 months when US deal announced and plans start to build revenues

[hazl] 04/9/2024 06:47

Well it's certainly a mixed bag....

'We expect our Gross Income to be marginally below last year whilst we exhibit good growth across a broader range of currency corridors. I am particularly pleased with our recently announced strategic partnership with Visa which will significantly increase our payment reach and give us a more scalable solution to deliver a higher volume of payments.'


Note ...'marginally below' is nothing in this climate.


It is always the outlook for me that remains of interest.

We will see how the market judges.

[muffster] 04/9/2024 06:12

Adjusted PBT 14. We expected big drop, forward plans sound positive though.Think we will re test 90p

[hazl] 03/9/2024 18:30

Is he the elephant in the room?

[london07] 03/9/2024 17:13

🤣🤣🤣

Yes very subtle, been at it for many months!

[francoismyname] 03/9/2024 12:05

Seen the VI on LSE called Jumbo 7.

Been putting posts all over the past months we are a good investment and now he is trying to subtly tell everyone to sell as he has obviously sold.

Trouble being he is as subtle as a rubber cosh.