Member Info for Plutus1

Https://www.financemagnates.com/fintech/equals-group-extends-takeover-deadline-amid-london-fintech-exodus/

Huge Gap from 240p has to close.

All fintechs are under the microscope with the huge undervaluations, no company more undervalued than CABP based on pure facts and fundamentals.

"The Company has a high quality and growing customer base, made up of G10 government entities, some of the world's best known international development organisations, global remittance companies, emerging markets financial institutions and, increasingly, major market banks"

RNS 16th Jan 2024 😉

Not like for like, but comparisons to another Fintech payment company in the news today.

CABP – H1 23

EBITDA - £40M

EBITDA Margin – 57%

Market Cap - £220m

Premium Listed

Equals Group – H1 23

EBITDA - £9.8M

EBITDA Margin – 21.7%

Market Cap - £228m

Aim listed

Can anyone see the huge disparity LOL

Just shows how disjointed and broken the markets are.

And to top it all off, the irony is, Equals Group think they are hugely undervalued (rightly so), and a US PE firm is looking to take It private!

How much is CABP really worth??? Based on pure fundamentals, should be worth 3-4x more than Equals for starters.

If we assume CABP has £50m Cash

CABP has an EV of just £160m

If EBITDA is £70m, EBITDA/EV is just over 2x, totally INSANE.

Boom should spring straight back up. What a stupid market.

Reminds me of YU. Quickly went from 780p to 480p, today 1250p 😂

Easy multibagger in 2024

For me one of the most undervalued companies on LSE

Valued at less than 3x EBITDA, can anyone point to any premium listed companies with a lower multiple with similar growth and fundamentals Lol. Wont hold my breath! Lol

Shorters have gone for a big tree shake as they are in big trouble, don't really see anyone selling, happy to load up. They are after traders stop losses before the inevitable next leg up, however what they don't realise is there are hardly any PI's here to manipulate! 1 RNS and they are toast. As Dumbo has been saying, 1 RNS on licensing, and CABP will be £2.50-£3.50 Lol

Revenue Growth 25%

H1 EBITDA Margin 57% (Highest on LSE?)

H1 EBITDA £40m

No Debt

CFO Buys last week at 93p

Premium Listed

Hugely profitable

Huge +ive Cashflows

Potential for huge growth

Clients shifting to more reputable payment providers like CABP - From latest RNS

Market Leader

UK Banking License

Major competitive advantages

Fantastic BOD

"The company has a high quality and growing customer base, made up of G10 government entities, some of the world's best known international development organisations, global remittance companies, emerging markets financial institutions and, increasingly, major market banks." RNS 16th Jan 2024

Short term price is incidental, where will CABP be end of March, End of June, end of 2024???

Always DYOR, dont fall for any FUD.

So standout growth smashing revised guidance. CFO buys at 93p. And in the last 2 days share price has gone from 96p to 82p, and in the same time frame 2 shorters have reduced below 0.5%, yes it all makes perfect sense LMAO

Nobody really cares about daily movements other than traders, however it stinks of total manipulation. How a Premium Listed company value can be dropped 15% in 2 days, with probably no more than 1% of shares traded (more than half buys) is totally mind boggling. LSE is totally dead, there is no liquidity, which is why it has attracted these unscrupulous Hedge Funds, and they have turned it into the wild west. The whole of LSE is infested now. Shorters cannot lose on LSE, if results are bad, they win, if results are great, they still win, they simply manipulate the price down and close on the cheap, exactly what is happening here, there is no orderly market. FCA should be all over this, but are toothless.

And then we have Dumbo, having been "uber" positive for 2 months calling 585p, £10, £5.50, all of a sudden turned all negative, what a lovely honest chap, of course you still hold all your shares, we all believe you LOL

If you have sold why not just move on.....some of your own advice below LOL

What comes around, goes around, karma will hit you one day!

Like the wet bandit in Home Alone, looks like Dumbo's street name is 'Hmmm' LOL

Jumbo07

Posted in: HARL

Posts: 119

Price: 12.45

Strong Buy

Hmmm19 Sep 2023 16:00

Hello people who have Sold why you still here?,, posting negative?,, just move on

@NewKOTB

Its not only DARK, it's across the LSE.

Shorters/Hedge Funds have dug there heels into good UK companies.

With a total lack of liquidity, these HF can practically move the price as they wish! Trading just 1% of the shares they can easily destroy 10-15% of the market cap which is just insane. Eg CABP today, 7% down, no news, only positive news in the last week, 0.5% of shares traded, and more buys than sells Lol

The whole LSE market is totally broken. There is no longer an efficient well run market, its a race to the bottom. No one is interested in investing in the LSE anymore, hence why companies are ditching the LSE. Latest one today, Wincanton. And who can blame them.

With the shorters what you will also find, these boards are very quickly infested with trolls and derampers, who will go out of there way to spread nothing but FUD and get small retail to sell. Depressing times.

@ironman

To have a pop at sparky is totally unfair.

Nobody has any idea what TU will bring.

If I remember correctly, sparky has been calling YU right from when this was below 200p, he must have 5-6x bagged by now, which is extraordinary in the current market where everything has been down. Always kept the faith 😉

Price can go up or down on any particular day, its the long term trajectory and belief in a company.

YU has been a rare gem

@Jumbo

What a disingenuous snake. Atleast have some dignity, everyone knows your postings, this from only 9 days ago... 🤣

Jumbo07

Posted in: CABP

Posts: 118

Price: 89.00

Strong Buy

Pending10 Jan 2024 09:12

£1.00+ I'm aiming for £1.22 just before 16 January shorts will need to Close,, and if we get Good results i would be expecting £2.50 to £350 Very Quickly and if we get any One of the News on this then £4.50 to £5.50 very Quickly.. Initiatives include:

- a regulatory licence application in The Netherlands, which will open up a substantial new sales channel across the EU;

- a US representative office licence, which will enable sales to the very deep national and regional bank market;

- significant technology upgrades, which would enable an expansion of the Company's capabilities and product set, substantially increasing commercial opportunities;

- the longer-term potential to become a US Dollar clearing institution, which could greatly increase volumes into emerging markets.

@jumbo

Can we have the 585p price prediction jumbo back again.In fact I'm sure you said £8-£10 LOL

Disgraceful behaviour. If you have sold, fine. But to then not so subtly switch to being a deramping troll certainly not a good look. Worst of the worst.

Hope 100p is well and truly smashed

Similar to many companies on LSE, can't help but think a Private Equity firm will be knocking on the door here very soon. With just a 3x EBITDA multiple, will be on top of many Private Equity firms list, absolutely no doubt.

All fundamentals tick the boxes, significant growth, low capital requires, fintech, throwing out cash like confetti. Has unique competitive advantages, banking license, and fantastic board, and a few significant growth drivers if they can secure new licenses.

If I was a PE, at this valuation, I would be running the rule over CABP for sure.

It will pay them a huge income through dividends for years to come. Essentially a license to print money.

Do not be surprised. Sitting duck at this valuation. Predators will come knocking.

From a 585p price target to 93p says it all.

https://www.cityam.com/london-firms-dust-off-defence-manuals-ahead-of-private-equity-offensive/

Just goes to show the underhand tactics at play here, for many weeks now tbh, to try and rinse small retail holders of all their shares, daily swings from a PREMIUM listed company is quite extraordinary. This kind of manipulation should be investigated by LSE/FCA, there is no orderly or efficient market. Its like the wild west, worse than a casino. Just today a few early algo trades which took it from 95p to 88p in an instant currently at 96p. Hence why I totally ignore daily fluctuations, its just a totally rigged market.

Market expected 20% growth, delivered 25% growth, with an added director buy thrown in from none other than the CFO, and the price is still less than before both news RNS'd, cant make it up LOL

The irony is when there is miss in targets as what happened with CABP, the 'market' is happy to knock off 75%+ instantly, similar to JD, Burberry and countless others recently. You will never get a 75% increase when targets are smashed LOL

Everyone knows at 3x EBITDA it's a totally ridiculous valuation. Institutions will want in, shorts need to desperately close, where are the shares going to come from, they are doing everything the can.

Just hold, this will multibag. There is simply no other company valued this low, not even close. DYOR

CABP just got the biggest seal of approval anyone would want, from the CFO himself 😉

The chap who combs through the numbers everyday, he couldn't wait to buy in with his own £50k after smashing the growth guidance.

Cautiously optimistic in 2024 growth will be much greater than 25%. Remember H1 23 was 94% higher than H1 22! With all the new clients signing up, it's going to be an exciting year.

This is just a simple transfer from impatient to patient. Once it moves there will be no stopping.

Would love to buy more.

Another huge vote of confidence. Signals the huge undervaluation. I bet he can't believe his eyes to still be buying in at this price LOL

Would not be surprised with the Netherlands or US license dropping soon.

Ignore the FUD, misinformation and lies.

Must be one of the shorters 🤣

It's embarrassing now, been saying the same old guff for weeks, and only thing CABP has done is 📈. CABP will be triple digits very soon, and this numpty will be spreading the same old rubbish.

From the RNS, customers are switching to CABP! 96% 3 year retention rate!

At less than 3x EBITDA, one of if not the lowest on the market along with one of the highest EBITDA margins on LSE. Says it all.

Once it moves, it will rocket up big time, just watch 😉

DYOR

What truly excites me is if Ebitda % and 25% growth is maintained in 2024 CABP are on the path to £100m EBITDA, quite staggering for a £240m market cap company. If not in 2024, guaranteed in 2025.

With the huge profitability and material growth outlined, I am very confident a dividend will be announced during 2024.

The quality of customers is there for all to see, and they are very sticky customers once signed up!!

"The Company continues to benefit from the structural shift in its markets from incumbent providers to specialists such as CAB Payments. The Company has a high quality and growing customer base, made up of G10 government entities, some of the world's best known international development organisations, global remittance companies, emerging markets financial institutions and, increasingly, major market banks"

Currently on a EBITDA/EV of 2.4 🤣

375p Share Price Target

@585p 37% was pencilled in

Extrapolating for a 25% growth we are looking at ~375p

Www.sharecast.com/amp/news/news-and-announcements/full-year-income-on-track-at-cab-payments--15856202.html

BOOOOOM 🚀🚀🚀

Growth from 37% to 25%

Share price went from 220p to 97p today, give your heads a wobble!

Revenue for 2023 £137m

EBITDA Margin 57%

FY EBITDA £78.4m

Huge Cash Flow positive

Hugely profitable

Growth 25%

No debt

Premium Listed

What's the valuation again???? LOL

One of the most undervalued companies on LSE

Onwards and upwards.

Also have NCC which is valued at 20x EBITDA

CABP valued at less than 3x EBITDA

As undervaluations go......INSANE