Member Info for asartara

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

Anyone know if STB will be affected by the FCA investigation of motor finance?

How bad will it be for them?

They are saying that the liabilities will be many billions of pounds

This latest problem is very likely to bring a dividend cut

Maybe CBG will be worth a buy when the shares reach £5

Can anyone explain the price history for HBR shares?

According to the Google Finance chart, HBR shares were trading at over £70 in May 2008, and at over £100 a few years later

So have HBR shares really fallen by 97% since then?

Or is there some other explanation for this fall in the HBR share price from £100 to £3 ?

And does anyone know what the highest Market Cap for HBR was approximately?

If the share price was £100 a few years ago then that would have been a Market Cap of £80 billion if there were approximately 800 million shares or the same number of shares as today

HBR did not have a Market Cap of £80 billion a few years ago so can anyone explain how the HBR share price was over £100 a few years ago?

“This Time Next Year could easily be £5.85”

Lol

58p is more likely

A company operating in Africa that is 3x more expensive than Lloyds or Barclays

If you have any small profits on CABP then you would be wise to take the small profits before it tests the lows at 50p

What is actually happening here?

JOG announces a second great farm out with Serica and instead of the share price soaring through £3 and £4 it is now falling below £2

What is the management playing at?

Can they not do buy backs or something to support the share price?

The brokers all say it is worth £6 or £8 or £10 so why are the directors not buying back the shares at £2 ?

And why are other companies not looking to do a takeover of JOG ?

And they say there are about 100 million barrels of reserves in GBA so that gives JOG with a 20% share 20 million barrels

Is there a figure in the oil industry that can be used to give these 20 million barrels a valuation for the shares?

For example 20 million x $10 gives $200 million or about £160 million

And divided by 32 million shares gives £5 a share

Is $10 a reasonable figure to use for these 20 million barrels?

Or should it be a figure that is higher or lower than $10 ?

Lloyds and Barclays trade at 0.5x Book Value and a PE of 5

CABP trade at 2x Book Value and a higher PE

CABP is now very overvalued when compared to other banks

Target Price 50p

CAB Payments is a bank

The clue is in the name

Crown Agents Bank Payments

Lloyds and Barclays are on a forecast PE of 4 and a Book Value of 0.5

CABP is on a forecast PE of 8 and a Book Value of 2

So CABP is very overvalued

Target price for CABP is 30p

Fair value for CABP is about 20p

CABP is about 5x more expensive than Barclays

Most sensible investors would not touch CABP with a large barge pole

It operates mainly in Nigeria and other African countries

Enough said

CABP shares are very overvalued now

The shares have a fair value of about 20p when compared to Lloyds or Barclays

Avoid

Ramping from Jumbo has become very boring and repetitive now

He does not seem to understand that CABP is one of thousands of Payments companies and it has no way to stop these other companies taking their business and profits whenever they want

CABP is also very expensive now when compared to other banks like Lloyds or Barclays

Barclays trades at 0.4 x Book value

CABP trades at 2x Book value

So CABP is about 5x more expensive than Barclays

Most sensible investors would not touch CABP with a large barge pole

It operates mainly in Nigeria and other African countries

Enough said

CABP shares are very overvalued now

The shares have a fair value of about 20p when compared to Lloyds or Barclays

Avoid

Is there anything to prevent Serica or NEO from taking over JOG ?

That analysis is nonsense

It does not have £2.92 per share

The £700 million belongs to customers

That is like saying Lloyds owns all the money deposited by customers

The way to value any bank is by book value

CABP is actually very expensive now as it is trading at almost twice the book value of 45p

Most UK banks trade at well below book value so CABP is actually far more expensive than Lloyds or Barclays

CABP is also far riskier than Lloyds and Barclays as most of its business is in Africa

CABP is now overvalued at almost twice book value

Avoid

Dickupham

So your fair valuation for JOG has gone from over £260 million yesterday to between £175 million and £200 million today!

Not very encouraging news for JOG investors

Any specific reason for the big downgrade?

Amazing how one blue day brings out the rampers

At the end of the day CABP is just one of thousands of payments companies and it has nothing special to offer except that it operates mainly in African countries where other payments companies do not want to operate because of corruption and many other problems

Most companies do not want to rely on Nigeria for their future business

Would not be surprised to see CABP test new lows below 50p some time next month

The Dow and S&P are now severely overvalued

Would not be surprised to see them both fall by about 60% or 70% over the next few years

The Dow and S&P are now severely overvalued

Would not be surprised to see them both fall by about 60% or 70% over the next few years

Sidi

I think you mean PE instead of eps

Market Screener has GSK on a forecast PE of 10

And the forecast PE for AZN is far less than 58

Anyway I still say Entain is very overvalued when compared to 888

Entain forecast PE is about 15 and 888 forecast PE is about 3

How do you like that?

Lol Lol Lol

Does anyone know what the forecast eps may look like in 2027 ?

What is the turnover likely to be for the first year of full oil production?

I have also seen profits of £100 million mentioned for the first year of full oil production. Is this correct and is this the same figure that is being used for the eps calculation?

So if there are about 30 million shares then what will the forecast eps be in 2027 ?

And what is the forecast dividend for the first year of full oil production?

Can anyone explain where these very high share price valuations of £100 are coming from?

I have seen price targets of between £7 and £10 from brokers but this £100 valuation seems to be absurd

Just show the simple maths and valuation method for a £100 share price if possible

And if you can even show a working for £15 or £25 then that would also be interesting

As it stands now with the share price sinking toward to £2 a share price of £10 is looking impossible and even £5 seems to be far out of reach

Market cap is only $80 million

NAV is about $230 million

Bolt is about $100 million

Backblaze is about $30 million

Remaining holdings and cash is about $100 million

So the largest holding Bolt is more than the market cap