Cab Payments Share Discussion Threads

[bigwadds] 12/11/2024 09:08

Well said Francoismyname!

These greedy B#st'rds won't buy shares using their own cash...even at these low prices.

Kapur has conveniently decided to award shares (especially to himself )at the starting price based as at 01/01/2024! ....11 months after the event!

Obviously, he wasn't going to do this at the "starting" price around 160p a few months back.

This guy is only in it for himself IMO......unless someone can convince me otherwise!

[francoismyname] 11/11/2024 20:17

Hopefully something positive comes out of this.

Sponsoring the drinks reception.

[con90210] 11/11/2024 18:26

What a mess this ipo has turned out. Still vakue here but was hoping Stonex deal would go through and would bail here.

[francoismyname] 11/11/2024 16:12

Anyone still think £184m market cap is ridiculous.

£100m in cash - kept as treasury insurance.
European licence
USA licence to come
Visa deal
MENA licence
FX derivatives
No debt
Central London offices attracting better clients and employees.
Performance related pay.
New strategy
Working balance sheet more aggressively.

Surely worth £184m and some more.

[francoismyname] 11/11/2024 14:43

Needs few good positive snippets from our current useless BOD.

This can turn in an instant.

Went from circa 70p to £1.67 in a few months earlier this year. Not much has really changed .

[hazl] 11/11/2024 11:06

Oh jolly good equities seem back in favour!

Well done CAB Holdings!

[muffster] 10/11/2024 15:54

Sorry how they are burning through cash. Just explain the cash burn

[muffster] 10/11/2024 15:53

Hi MwNoted your concern. Can you show your numbers as to how the cahsflow has changed

[francoismyname] 10/11/2024 11:54

I’m staying put. Still major value to be had here , just need a couple of swings in our favour and once this share gains traction, it moves rapidly.

Another positive from the recent bid was that none of our main 4 holders sold any shares . They own just on two thirds of the stock with a 64% holding between them, so if they are not selling I’m staying the course with them.

Helios Investment Partners LLP
45.11 %
Working Capital Advisors (UK) Ltd.
7.133 %
BlackRock Investment Management (UK) Ltd.
6.615 %
Fidelity Management & Research Co. LLC
4.970 %

[m w] 10/11/2024 09:56

My biggest issue here is the rate that they're burning through cash and now with a profit warning in place it can only get worse. As soon as the news on the US banking licence hits I'm out

[francoismyname] 09/11/2024 22:22

PE ratio for the first half of the year was 4p and was expectd to be a lot higher in second half of the year. The minor profits warning will probably make it 4p or 5p for the second half of the year.

So let’s say a full year 9p EPS and a PE ratio of 8.

That with a poor year and hopefully kitchen sinking this year.

We go into next year with a full year benefit of the European licence , visa deal, fx derivatives and the USA licence and MENA license to come.

Surely even with some headwinds next year we can have an EPS in the the region of 12/14p which would be a PE ratio of 5/6.

Markets are forward looking and surely will be some serious buying before Xmas.

[muffster] 08/11/2024 16:34

Edit: Unwind

[muffster] 08/11/2024 16:34

I agree LondonHave a look at all the recent RNS holdings. They all got in on the expected bid fever, now probably all wanting to unwise or short it

[london07] 08/11/2024 15:55

Unfortunately anything is possible in these markets.

Look at Wood group yesterday.

If an institution wants out, they will sell at any cost, even if it makes no sense, and with no buying, seems like it just drops like a stone, everywhere. Sad times for the LSE.

[francoismyname] 08/11/2024 14:46

£170m market cap.

New CEO feels like a rabbit caught in headlights.

[francoismyname] 08/11/2024 14:27

Some startling facts

July 23 was IPO at £3.35 - we are now at 75p - a massive 78% fall in only 15 months.

In June 24 we recovered from lows of 60p to £1.67. We have fallen from June 24 a massive 58% fall in 4 months.

Two weeks ago we sat at £1.30. Here we are at 75p . I know that was potentially on the back of a bid but still we have seen a massive 42% fall in two weeks.


Quite shocking and staggering really . Incompetence from top to bottom. How the hell Ann Cairns is still in her role as chair woman is unbelievable. She should fall on her sword and walk.

One thing that gives us all hope is that this can switch quickly in the blink of an eye.

[francoismyname] 08/11/2024 14:00

Just on £183m market cap.

Have we gone bust or something.

[francoismyname] 08/11/2024 10:24

Well under £200m market cap.

Fintech company no debt , fx licences in Europe and USA soon.

Visa tie up deal.

Triple gee whiz

[freedomexpress747] 07/11/2024 22:37

Not currently a holder, but watching...If there is nothing amiss, then one would expect huge Director buying... are their share options under water or are they free?More general point, not enough buyers in the UK market... and shorting far too easy.

[gripfit] 07/11/2024 17:47

I’m in at 50p

[swiss paul] 07/11/2024 17:10

Simply Wall St just paull in from other resources, they dont carry out there own research. Take everything they say with a bag of salt.