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CABP Cab Payments Holdings Plc

122.80
-0.20 (-0.16%)
Last Updated: 08:46:00
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Cab Payments Holdings Plc LSE:CABP London Ordinary Share GB00BMCYKB41 ORD 0.033 1/3P
  Price Change % Change Share Price Shares Traded Last Trade
  -0.20 -0.16% 122.80 950,128 08:46:00
Bid Price Offer Price High Price Low Price Open Price
123.00 124.40 125.00 119.00 124.00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Offices-holdng Companies,nec 168.78M 22.71M 0.0894 13.76 312.6M
Last Trade Time Trade Type Trade Size Trade Price Currency
08:42:54 AT 5,000 122.80 GBX

Cab Payments (CABP) Latest News (1)

Cab Payments (CABP) Discussions and Chat

Cab Payments Forums and Chat

Date Time Title Posts
11/10/202408:58CAB Payments Holdings plc1,086

Add a New Thread

Cab Payments (CABP) Most Recent Trades

Trade Time Trade Price Trade Size Trade Value Trade Type
07:42:54122.805,0006,140.00AT
07:42:54123.00728895.44AT
07:42:52123.832,0002,476.52O
07:40:12122.608191,004.09AT
07:40:12122.604656.40AT

Cab Payments (CABP) Top Chat Posts

Top Posts
Posted at 10/10/2024 09:20 by Cab Payments Daily Update
Cab Payments Holdings Plc is listed in the Offices-holdng Companies,nec sector of the London Stock Exchange with ticker CABP. The last closing price for Cab Payments was 123p.
Cab Payments currently has 254,143,218 shares in issue. The market capitalisation of Cab Payments is £312,596,158.
Cab Payments has a price to earnings ratio (PE ratio) of 13.76.
This morning CABP shares opened at 124p
Posted at 11/10/2024 07:54 by francoismyname
They can’t sell at £1.45

That article from a well respected investment media outlet Simply Wall Street yesterday has put the spanner in the works. They independently said we are so undervalued and should be at a share price of £2.23.

It would be so negligent, bordering on criminal to accept a £1.45 offer in these circumstances.

Surely the BOD can see this. Thank the Lord for that independent article from Simply Wall Street yesterday I say.
Posted at 10/10/2024 09:20 by francoismyname
Doing well today.

So much more to come.

If the market truly is forward looking , with all that’s going on with cab and crown commercial bank, this will be one of the shares for 2025 to have in your portfolio as a must.

This share price is just getting started.
Posted at 20/8/2024 07:53 by francoismyname
The New CEO won’t want the share price languishing at these lowly prices under his tenure.

Will need to show the market he is the main man and can get the share price back up in the £2 plus category pronto.

Initiatives he will be focussing on and he should get across in the 4th Sept update.

American licence update
New income from European licence.
How we are utilising our strong balance sheet
Positive impacts of new London offices.
How the business is not reliant on certain fx currencies for delivery - more diversified.
Any changes that will improve the BOD.
How to make better use of our banking licence
Improve communication around our NO DEBT position.


£2 days plus surely if most of the above are managed well.
Posted at 02/8/2024 10:06 by francoismyname
The positives for Cabp.

We have seen the fall from 3.35 IPO price to 87p where we are now. A 74% fall.

It seems very much over done and Cabp looks a bargain at these prices.

Positives

As mentioned it’s top 5 trades are now accounting for only 32% of business instead of 49% previously. Becoming more diversified for income streams is a very good thing.

Still delivering a very healthy profit. Companies like THG been going for may years , valued at circa £800m and not delivered a profit as yet.

European licence has been secured and surely drives future earnings.

USA licence In the pipeline and fantastic if secured this year.

Move to central London a very good thing. Can reach a pool of more skilled banking and fx dealers in the city.

New CEO will want to prove himself and deliver share price increase whilst in his tenure.

Again I repeat a 74% fall seems a tad over done.
Posted at 01/8/2024 10:21 by francoismyname
Sure it does NOT work like that on say Barclays shares that If someone sells 100,000 shares in rapid succession in 1000 chunk sales it forces there share price down and is not offset by just one buy for 100,000 shares.

Corruption knows no bounds here.
Posted at 01/8/2024 09:31 by francoismyname
The positives for Cabp.

We have seen the fall from 3.35 IPO price to 92p where we are now. A 73% fall.

It seems very much over done and Cabp looks a bargain at these prices.

Positives

As mentioned it’s top 5 trades are now accounting for only 32% of business instead of 49% previously. Becoming more diversified for income streams is a very good thing.

Still delivering a very healthy profit. Companies like THG been going for may years , valued at circa £800m and not delivered a profit as yet.

European licence has been secured and surely drives future earnings.

USA licence In the pipeline and fantastic if secured this year.

Move to central London a very good thing. Can reach a pool of more skilled banking and fx dealers in the city.

New CEO will want to prove himself and deliver share price increase whilst in his tenure.

Again I repeat a 73% fall seems a tad over done.
Posted at 24/7/2024 16:08 by muffster
Yes but a falling share price is not a sign of fraud.The company flotation price was overhyped and the company missed targets. Tomallege fraud you need evidence and just the price dropping, sometimes a wide spread, does not indicate fraud.You will need proof of insider knowledge
Posted at 05/2/2024 06:41 by popit
The Seeking Alpha article shows the many huge risks of investing in CABP

1. There is a huge number of shares waiting to be sold by Helios which will continue to push the price down

2. The lock up period has now ended and this will create even more selling pressure

3. The huge risks due to their operating in corrupt countries in Africa

4. The huge risks from parallel markets in Africa

5. Competition for CABP has not even started yet. They are currently enjoyed early mover profits but that will end very soon when the competitors start to move in. The Seeking Alpha article uncovered over 50 competitors such as Western Union that will take away CABP future revenue and earnings.

And that is only a very few of the many risks that were mentioned in the article

And there are many excellent banks and other companies on lower valuations than CABP

The main UK banks are all trading on lower valuations than CABP for example and they are also paying high dividends

So not much reason to take all of these risks with CABP when you can get a lower valuation with Lloyds or Barclays and far less risk

Would not be very surprised to see CABP retest the lows at below 50p
Posted at 15/1/2024 19:02 by popit
Everyone knows that the results tomorrow will be good as they have already said that there will be 17% growth

The main problem with CABP is that there is no moat to their business model and it is just one of many thousands of Fintech companies that basically do the same thing of transfer money and payments on an app

Any excess profits that CABP may be making at present will be very easily eroded away in future years by new entrants to the markets where CABP operates

At the end of the day CABP is just a bank app and it is on a forecast PE of about 10

When you consider that Lloyds and Barclays are on a forecast PE of about 5 it is not difficult to see that it would be wise to take any profits on CABP before the market inevitably decides that CABP is very overvalued in comparison to these other banks

The other main problem with CABP is that it is very dependent for its profits on very high risk countries in Africa such as Nigeria

Nigeria is not exactly known for successful businesses but it is well known for very high levels of business fraud and corruption

This is not a successful long term business model

Take any profits and avoid
Posted at 12/12/2023 08:54 by francoismyname
Think we may pop today . Seems primed.

Remember first day of trading at £3.35 only months ago. 55p seems ridiculous now and well overdone.

hxxps://www.investingcube.com/cab-payments-share-price-rebounds-after-10-dip-on-its-debut/

Cab Payments (LON: CABP) has disappointed its IPO investors by sliding 10% on its conditional debut. The full debut of the stock is set to occur on 11 July. The payments and forex giant decided to IPO in effort to boost UK capital markets.

The sell-off on the first day comes as no surprise as the UK markets are facing headwinds from the rising inflation. The benchmark FTSE 100 index fell to its fresh 3-month lows after sliding 25 points in the last trading session of the week.

Cab Payments Raise £335M In IPO

As per the latest news, the holding company of Crown Agents Bank has raised £335 million pounds ($426M) in its IPO. The past few IPOs in the UK have been very disappointing. Consequently, many new tech firms are opting to get listed in the US.


Cab Payments IPO was priced at 335p. However, the share plummeted 10% on the very first day. This drop in the Cab Payments share price can be attributed to the track record of the recent UK IPOs as well as the current market conditions. The benchmark FTSE 100 index hit its lowest level since March 20 today.

Cab Payments Share Price Rebounds 2.89%

After a disappointing first trading session, LON: CABP turned green on Friday. Till press time, the shares were changing hands at 311.7p, which is 2.89% higher than yesterday’s closing price. The technical analysis of such a new listing is not possible due to no price history.
Cab Payments share price data is direct from the London Stock Exchange

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