Member Info for Kaz69

Being ‘ minded’ means their initial feel is it’s close to fair value. They’ve assessed the previous bids for long enough now to know the right ball park price they can support.

Cabp board have recommended the 110p Stone X offer and are supportive of it. It’s Helios that are trying to screw the other shareholders and take it for themselves on the cheap by thwarting any other offers from succeeding.

*85p

Not sure how Helios can claim they are offering fair value at 85pm while rejecting the 110p offer

@Basherman told us what ?? 😅

New CEO seems to be a bit of a mixed bag!

‘Replacing Trivedi will be Neeraj Kapur, a former RAF fighter pilot who was most recently chief finance officer of Vanquis Bank from 2020 until 2023. At Vanquis, formerly known as Provident Financial, he initially oversaw a recovery in the bank’s share price after it crashed in the early stages of the pandemic. But in his last 18 months in the role, the shares tumbled by 70%.’

Yes @Mark me too. If I was you I would keep away from the chat group and CABP shares to help you sleep better at night!

What’s causing this ? Has some negative news been announced?

Bad news is for those not holding shares or sold out .. as whenever @mark99999 pops up worrying about the company SP does very well!

Asartara’s comments are almost as warped as yours .. surprised you are still here! £5+ yeah .. dream on… and yes we believe you when you say you haven’t sold a share, you may want to delete some of your past comments bragging about making a few £ on selling 😅😅

Bought back in? So you bailed out contrary to your previous BS? Look forward to your ramping posts now you have skin in the game again ..

Feels like this is going to hit the 70s before the 90s ..

@ Fordy, I expect them to hit revised targets and so do others so that’s priced in already at 90p plus. I think they need to be better than revised targets for there to be any strong short term upside

Wonder if it’s a good time to cash out. Tuesday could tank this share if the very strong update priced in doesn’t materialise ..

@Jumbo07 - Any logical reason why you keep repeating again and again out of date opinions other than you holding a few shares?

Analysts at Canaccord Genuity slashed their target price on payment processing and foreign exchange business CAB Payments from 585.0p to 246.0p on Tuesday after the group's "surprise and significant" negative trading update.

The company, which only debuted on the London Stock Exchange a few months ago, said total group revenue rose 10% on the quarter in Q3 to £105.5m. However, in recent weeks there have been a number of changes to the market conditions in some key currency corridors, on top of the ongoing uncertainties surrounding the Naira, which are impacting both volumes and margins.

Canaccord Genuity said it had been "surprised by the rapid turn of events" and noted that, in reality, it appears difficult to forecast future revenues with any degree of certainty.

"The medium- and long-term growth opportunities will be balanced by the speed at which trading appears to have deteriorated. Consequently, we believe investors are more likely to err on the side of caution with respect to short- and medium-term expectations," said Canaccord.