Member Info for Holden77

I understand that Shore Cap listed this as a new buy on 12/07/24 with a FV of 180p ;-)

I wish I had some cash to buy more at these levels .... well done to anyone who topped up at 120ish yesterday.

Good luck all.

WISE should be looking to take over CABP (IMHO)....as anything below the 330p IPO price is a total steel. Other companies will also be looking closely at CABP around these levels?

However, the founding and current major shareholders surely would not be interested in anything below 400p so I'm happy to hold.

Good luck all.

WISE should consider buying CABP and swallowing them up whilst they are cheap in comparison to their IPO float. It’s only a matter of time before CABP attract interest from potential bigger fish. WISE should strike soon.

AIMO and no advice given

Apologies,.....I mean't that article from September 2023 is not relevant now. JPM did screw up the IPO and then shorted it to their benefit. If they are now shorting it again lets' hope they get their fingers burned.

This is dated September 2023 so not relevant now?

Sp28, I would take JPM's so called "Research Note" with a pinch of salt based on the track record of the person(s)/team which published it.

Naturally, these people have to justify their salaries and make an assessment on the company they are researching. Then, they have to publish their findings and produce lots of facts and figures based on their interpretation of what they believe will happen to the company/shares.

Obviously, these "researchers" do not know what is happening at board level and are unlikely to be notified of any major developments the executive team have planned for CABP.

These "researchers" are just paid professionals who are employed and have to produce reports (to be able to say they are actually doing some work for their company), based on what they think at the time of writing. Some they predict correctly that the share price is overdone....so they get a pat on the back if the price falls back. Some, they get wrong - simple!

It's like the gambler in all of us....we only tell people about our winners and keep any losses to ourselves.

I'm in the for the long term and see the share price reaching it's high for the year in 2024 and then steadily increasing to over IPO levels in 2025.

All in my opinion and no advice intended - DYOR.

Good luck all (and don't panic)

All good points AICapone.

However, for me, this Skilled Person update is dragging on too long? Surely for the size of company JIM is, this should have been concluded (by the FCA) by now.

I'm sitting on the fence until the uncertainty and the final report/findings are published.

Best wishes all.

About the job

Company Description

We currently have an exciting new opportunity for a Relationship Manager within our International Development Organisations, US Rep Office Front Office team reporting to the Head of the US Rep office with a dotted line to the Head of International Development Organisations Coverage. The role covering clients under the sub-segment that encompasses NGOs, Foundations and for-profit development organisations, with a strong focus on capturing FX flows and payments opportunities. This is a coverage and business development driven role, focused initially on executing an ambitious client acquisition strategy to build a portfolio managing the clients’ needs, cross-sell, and revenue optimization on an ongoing basis.

Crown Agents Bank is a vastly growing and regulated UK bank that connects emerging and frontier markets to the rest of the world, using FX and payments technology. We are transforming the way payments and FX move through emerging markets, reducing friction so that more money gets to those who need it. Emerging markets payments are usually challenging, expensive, unreliable and opaque. Our solutions help fix these pain points. Ultimately, we connect traditionally hard-to-reach regions to global financial infrastructure, giving access to the best prices and the fastest, most reliable settlement.

FX and cross-border payments are often complex and expensive, especially when operating in emerging markets. Crown Agents Bank (CAB) wraps its deep and trusted relationships and strength of network around innovative digital capabilities, and cross-border transaction banking solutions to enable fintech, corporates, governments, development organisations and banks to move money to, from, and across often hard-to-reach markets.

Job Description

Role Responsibilities

Proactively build a portfolio of clients in the NGO/Foundations/For-profit Development Organisations sub-segment from inception. This will include developing segment-specific strategic and marketing plans, target clients visits and successful completion of the on-boarding process (with support from London-based teams).

As the new portfolio is established, the successful candidate will be responsible for designing, executing, managing, and developing the client coverage strategy for the portfolio, within a clear set of financial and non-financial KPIs. This includes sales, revenue and budget planning for the assigned portfolio.

Lead and execute the strategic relationship management of clients within the assigned portfolio (with a clearly defined call/visits schedule), focusing on both cross selling the bank’s product suite in an effective manner, and on understanding client needs for further enhancement of the product suite.

Take ownership for the execution of client maintenance tasks, including but not limited to client due diligence reviews, business and credit applications and maintenance of client files within the CRM system (with appr

If all is going to be good over the next 12 months, we need some Director buying which would be encouraging to investors.

AIMHO - DYOR etc.

I wouldn't want to be short now after today's great news:!

Granting of European Licence

CAB Payments announces that its Dutch subsidiary has secured a payment service provider licence with De Nederlandsche Bank N.V. (DNB). This entity will be eligible to provide services across the European Economic Area (EEA) under the passporting regime. This is one of the operational and strategic initiatives that underpin the Group's growth aspirations for 2024 and beyond. CAB Payments is confident that being able to provide services across the EEA will bring significant opportunity for the business and for the clients and the markets it serves. The Dutch licensed firm will be based in The Netherlands and will operate under the name of CAB Payments Europe.

Bhairav Trivedi, Chief Executive Officer of CAB Payments, commented:

"I am delighted that CAB Payments Europe has received this approval from such a respected regulator within the EEA. The Company is committed to the highest standards of compliance and client service. This is a significant step in the expansion of the business and presents a substantial growth opportunity. We have long seen Europe as an important market for the Group. We look forward to engaging with potential clients, to move money where it's needed."

May be the Shorters are buying back now:

By my simple calculation, Walleye Capital are short of 1.84m (0.78%) shares at an average of 88p!

IMO - 120p should be reached soon.

Would be good to see some Directors buying in the next day or so....

European Licence in the next month :-)

USA Licence in H2 2024

All good!

Also, I believe the FCA wrote to all CFO's last year wanting evidence that it was the customer and not the firm who was credited with the interest on cash deposits and not the firm?

May be someone can clarify if this applies to Jarvis being an execution-only broker?

For example, and as a very basic calculation.....

if a client had £50k cash on deposit for one month at say 5% they should be credit with approximately £208.

(£50,000 x 5% = £2,500 per annum or £208 per month).

If Jarvis has kept all of this 5% which contributes to their overall profits, is this fair? Surely, any credit interest on cash deposits, for clients, should be credited to the client...less say 0.5%/1% to Jarvis?

IF the FCA are going to force Jarvis to credit clients with their backdated credit interest, this will not be good?

Apologies if this has been discussed and answered previously - Thoughts please?

A presentation webcast and live Q&A conference call for analysts and institutional investors will take place on March 26th 2024 at 9.30 am UK Time, and a webcast of the presentation will be made available on the Group's website at Investors Home (cabpayments.com), where you can also register for this event.

10 more working days until CAB Results.

I'm predicting an average price increase per day so 115p by 26/03/24. IMO - DYOR etc.

So we have 15 x trading days to go until Tuesday, 26th March 2024.

I am predicting a minimum average of 1p a day price rise to get to 110p.....as a conservative estimate.

IMO - DYOR

Typical MM's tree shake trying to get holders to sell at these "lower" prices so they can fill their recent orders.

Should be back over 110p by the end of Feb 2024? IMO

Richard Hallet (CFO) must have been frustrated at not being able to buy CABP from say 60p onwards in the past few months. He will have seen CAPB rising from 60p to 95p prior to their Trading Update knowing he could buy any until after the RNS.

The fact that he bought around 94.5p ish , at the first opportunity, is very encouraging. May be other Directors will now do the same?