I confess to have held this disaster since its IPO 2 years ago. Following the results two days ago, I was about to dump the lot, when I was quite impressed by the purchases by three directors over the last two days:
- Ann Cairns (Chair) Bt 100,000 at 48.4p,
- James Hopkinson (new CFO) Bt 214,000 at 49p,
- Susanne Christi (non-exec) Bt 91,368 at 48p.
(Some of these are referred to in other posts above)
I thought they are all making quite chunky commitments. Not sure whether these individuals should be criticised for poor judgement or backed for such encouragement. I will, at least temporarily, assume the latter. |
Nice director buy
214k*48p |
But but simplywallstreet has a 214 target, whats it doing down here ;-) |
Au contraire Francoise I see buyers circling |
Now over a 5% spread meaning the MM's don't want to buy any more shares at these levels but you need to pay 5% more IF you want to take any off their books?
IMO/DYOR |
Market will savage it today.
Is Ann Cairns doing a Sunday Times article this weekend saying how wonderful she is . Thought not . |
Well Ann has just lost 100k in a few months.Wil she buy more.. |
Alternative view Results as expected.Now on a PE of around 7They are winning business and need to rebalance the business as aid flows are falling.I'll stay put and hope that they manage to turn greater profits |
CEO needs to go.
The usual "copy and paste" from previous drivel using big words and saying how things are in place strategically for the future!!
These results show that things are not improving and that continued squeezes on ever decreasing margins will impact them even more in the future.
If they stay over 40p I'd be surprised but NOT tempted to buy any more!
AIMHO/DYOR |
Not looking forward to the Results on the 13th!
Lots of new "senior" roles taken on with "high" salaries.
Conferences and Seminars - costly.
Margins are forever being squeezed.
FD resigning.
20% redundancies.
We shall see.
IMO/DYOR
Good luck all. |
Bigwadds....so sorry missed this earlier.
Yes no denying this has been disappointing.
I see what you're saying but perhaps he has had something else going on in his life....who knows?
However, Cab holdings think he will be good at the job, so I guess that is hopeful.
Everyone is expecting poor things for the stock market at present, but I imagine some will buck the trend.
I wish you well with your investments.
imo |
Hi hazl,
"James was most recently Group CFO and Executive Director of Metro Bank Holdings PLC, the UK high-street bank, which he joined in July 2022 where he helped to execute its turnaround plan. Prior to that, he was Group CFO of ClearBank, the fast-growing and innovative UK and technology-enabled clearing bank".
According to Metro Bank, JH left them on 12/01/2024 so has been out of work for almost 14 months?
I wish him all the best and hope he can turn CAB around. I'm in at 85p and wish I'd have sold at 150p+ last June :-(
Kind regards,
Bigwadds |
James Hopkinson added:
"I am delighted to be joining the team at CAB Payments for the next phase in its development. I am excited by the opportunity of delivering on its strong brand recognition, unique business network and exciting market presence. I look forward to working with the Board, Neeraj and fellow members of the senior leadership team as we execute on the Group's strategy." |
Ann Cairns, Chair of CAB Payments, commented:
"I am delighted to welcome James to CAB Payments. He brings a wealth of relevant experience with deep sector expertise and is a highly suitable partner for Neeraj and the rest of the senior leadership team to take the business forward during its transformation. The Board is looking forward to working with him."
Neeraj Kapur, CEO of CAB Payments, commented:
"James brings significant experience to our Group, with deep knowledge of the markets we serve. His appointment completes the realignment of our senior leadership team. I am excited to partner with him as he adds another level of rigour, strength and knowledge that is needed to deliver our transformation strategy." |
Errr bigwadds....
'James's addition completes the revitalised senior leadership team of the Group who collectively have the right mix of industry and corporate experience to execute on the Group's strategy and deliver on its growth potential. '
Note 'revitalised senior leadership team '
and ....' deliver on its growth potential.'
That reads to me that they saw that something needed correcting and have done that.
Sounds hopeful to me.
Companies have to be flexible.
IMO |
As previously announced, the Group will release its 2024 full year results on 13 March 2025. |
Good news at last. |
Someone bought a few today |
Top riser today.... |
No time soon re xrp but the future it’s a possibility and maybe worth a play
D |
Anyone know much about XRP?I've heard it could overtake Swift as it is quicker. |
And still no us banking licence |
Has Ann Cairns resigned yet or the dopey CEO. |
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