Cab Payments Takeover Rumours (CABP)

She was probably inside re the takeover at that time. 72p looks like the bottom

Unfortunately in todays market, there is no end to where the share price can go. London market is more like a casino, you feel like the whole market is shorted, and no end in sight. The swings are just mind boggling. One day 145p offer, next day 70p Look at Wood Group, few months back 230p offer, today 56p. And the one that takes an absolute biscuit, Burberry, supposedly a takeover offer from Moncler, but it has been confirmed as fake news. Look at Vod today, decent results, 7% down.lol The return on Ftse 100 in the last 5 years has been less than 10%, which is just ridiculous, what is the point, should just stick it in a savings account. Joke of a market, house always wins. Would not be suprised if somehow they dragged this back to all time lows, absolutely nothing would suprise me. Even if a shares market value dropped below cash in bank, it's just insane.

No fireworks, no last hurrah, no big purchases , just corruption from day 1 of this ill fated takeover. Someone pointed out SToneX’s run ins with the USA government regulator over following proper guidelines and procedure on USA financial rules and regulations and it appears to have come to this country as well. Our BOD are fooking useless as well. Combined we have two dare I say corrupt organisations trying to fleece normal PI investors. Anyway only today left for the corruption to be finalised. Cant believe they will not release the news by 7am tomorrow that we already know,that the deal is off.

I can't. You need to subscribe to the times online. I buy the paper. Its written by Helen cahill. Onto other news, stonex awarding share options....incentives for the key staff to take on more when takeover completes Warren capital in on the suppression game of selling shares. All paints a picture of a concert party controlling the price

Times article today;Cabp closer to US takeover.

This made me chuckle from the cityam article this morning. “Fintech CAB Payments has said it is discussing a possible takeover offer with US payments firm StoneX after its disastrous London float last summer.â€￾ Note Cityam is owned by THG who listed approx 4 years ago at £8 and currently sit at 45p. Fook me now that’s what you call disastrous!!!!

Back to 130p if not more, sounds like both parties are serious on the takeover. I did think to have been engaged with StoneX for a few months, Cab Payments must have been willing to sell. Now we know. 145p will be accepted.

Apparently they can do this under rule 8 the takeover panel.....bonkers

Francois, you say all that, if there is no offer, or offer declined, cabp will drop around to £1 in an instant, as what happens to any company in a similar scenario. Just look at Rightmove, Wood Group. Declining an offer means it tanks. UK companies are only fairly valued it seems if a takeover offer comes in. The whole market is rigged and shorted. Companies are fleeing the London market in there droves,many picked off at bargain levels. NBrown the latest one. It seems like UK companies are purposefully shorted, so that they can be picked up for a bargain, crazy how the regulators and politicians are all sleeping at the wheel. Biggest manipulation going.

I called Cabp takeover 1 day before it landed, next one on the list which looks nailed on in Yougov. 70% off yearly highs on a profit warning. Global reach, global reputation, strong profits, dividends, strong cashflows, high margins, known worldwide, former Meta CEO. If takeover RNS landed today, would not be surprised. DYOR

I’m curious to know why SP hasn’t gone up to 145 level (bid price). I would have expected it to jump close to bid price on the day of announcement similar to what we saw during Centamin or Darktrace takeover announcement.

In accordance with Rule 2.6(a) of the Code, CAB Payments announces that, by not later than 5.00 pm (London time) on 7 November 2024, being 28 days after today's date, StoneX must either announce a firm intention to make an offer for CAB Payments under Rule 2.7 of the Code or announce that it does not intend to make an offer for CAB Payments, in which case the announcement will be treated as a statement to which Rule 2.8 of the Code applies. This deadline will only be extended with the consent of the Panel on Takeovers and Mergers (the 'Takeover Panel') in accordance with Rule 2.6(c) of the Code.

Called it this morning!!! On all metrics it's simply too cheap. With the £0 debt and loaded with cash, and growing globally, UK Banking Licnese, CABP would be a prime target for many, would not be surprised with other bidders now showing their hand. "CAB Payments Holdings plc - Post 1034 zb27   10 Oct 2024 09:56 Huge buyer on the scene. US license imminent? Or dare I say, a takeover????? Someone buying on the cheap, then make an offer. Would not be surprised"

With just 17mins before close, hardly anyone will have picked up on it. Algos will have traded it down, without even knowing the takeover news is out. Exciting few weeks ahead. Climb towards 140p+ in thr next few days, maybe tomorrow, who knows what will happen. New bid, new bidders etc

Surprise surprise. Did mention a takeover just this morning. Now things should get interesting, hopefully a bidding war now this is out in the open. End of day, big jump into 140s tomorrow, who knows beyond if there is a better offer or a new player.

When you think the market cap here is still under £300m it’s ripe for a takeover. No debt Cash pile held as insurance by treasury European licence Visa tie up New CEO expected to prove himself New central London offices attracting new business and higher calibre of staff Said at last update going to work the balance sheet cash available more aggressively. USA licence expected before year end Under £300m for all this. Do me a favour Very low free float will see this rise quickly

Huge buyer on the scene. US license imminent? Or dare I say, a takeover????? Someone buying on the cheap, then make an offer. Would not be surprised.

The market will wake up at some point. If not a takeover will be in the cards.

People are starting to twig its bleading cheap. Great team in place now. Never been more confident of a share going up from a quid yesterday in all my time investing. Over next 6-12 months this will be over £2. American licence adds 20-30% straight away. £250m market cap for all that was presented yesterday and no DEBT Really would not be surprised if a takeover offer came in.

Good to see a positive day. We all know it can string quite a few of them back to back with a bit of a tail wind. Still massively under valued. Still good profits. No debt I repeat NO DEBT. Customer base growing. Diversification to more consistent results New EU licence Central London offices attracting better employees and new clients. New CEO looking to make his mark. USA licence hopefully before year end. From £3.35 to 87p seems well over done with some of the positives going on. There are plenty of businesses out there valued so much higher and making no profit at all and years until they do. Surely a takeover if it stays at this lowly price or even dividends will be the order of the day in the coming year.

All my shares have a sell limit of 585p, Cannacords initial price target. Sometime in the next few years it will get there, absolutely no doubt. All about investing for the long term, and reaping the huge benefits. Takeover could speed up the process, but full value will not be realised. https://www.google.com/amp/s/www.sharecast.com/amp/news/broker-recommendations/canaccord-on-cab-payments--14394584.html

Sit on hands, and waiting for the takeover to land here. Gap to fair value is too too big