Punchcard Investing

Starting 2025 with highly concentrated punchcard style of investing. Not an investment advice, just personal opinion.

[Punchcard Investing @punchcard20]

Two of my big positions have few things in common -
1) 40 million buyback and
2) No debt
4) cash rich
3) and on sale

$INVE is asymmetrical bet(spl situation) and $ALLT is about unlocking the value or be acquired

[Punchcard Investing @punchcard20]

@MinotaurStocks Since $ALLT can't be part of major domestic US indices its valuation is not getting the multiple it deseves. If it could, it would have already be 12+. Hoping 40M buyback could help with rerating.

[Punchcard Investing @punchcard20]

@MinotaurStocks Suprised it's at 8 this morning after such great results, was able to get a decent chunk of shares. Waiting for the call and the markets to open🙂

[Punchcard Investing @punchcard20]

$HYDTF what a wonderful quarter🙂. Will listen in on tomorrow's conf call. Keep growing👏

[Punchcard Investing @punchcard20]

No 1: $allt @5 ish
No 2: $gpre @3 ish
No. 3: Hydreight technologies inc. $hydtf @ 2.6 is a gem of a healthcare company. it's growing - listen to Ceo on youtube/earnings. They delivered results last year, hoping to be transformational in 2026. Excited abt the potential:)

[Punchcard Investing @punchcard20]

Excellent result by $ALLT in Q2. Great job by the management. Analyst count increased from 1 to 4😀. Why do I sense there are going to be more deals announced in near future.

[The Minotaur @MinotaurStocks]

$ALLT raising SECaaS guide from "around 50% or more" to 55 - 60%, and reinstating annual revenue guidance given its "high level of backlog." The first partial quarter of $VZ My Biz drove record SECaaS revenue and ARR dollar growth and 20pts of growth rate acceleration to 73%

[Punchcard Investing @punchcard20]

@6df4e6d9972a44f Yeah some piece of it felt like AI

[Punchcard Investing @punchcard20]

Sharing an article that I came across on $allt

https://t.co/bHQq6RJmqU

[Punchcard Investing @punchcard20]

$ALLT couple of years back had guidance based on TAM and were downgrading projections every quarter.
New management(Eyal & board) have turned things around and are conservative in their projections. Will we see an upgrade in projections starting Q2?

Excited about 8/14 results.

[Punchcard Investing @punchcard20]

@6df4e6d9972a44f @MinotaurStocks VZ Q2 & Q3 numbers will be key. As Vz started marketing in q2 so that’s not a full quarter result. Obviously would like to hear @MinotaurStocks opinion on recent updates. I don’t think anything changed from his original thesis, infact the business got better…

[Punchcard Investing @punchcard20]

$ALLT

https://t.co/KmblKIfgaX

[Punchcard Investing @punchcard20]

@6df4e6d9972a44f @MinotaurStocks One is about potential and other is penetration estimates. Say allot does 32m secaas arr (multiple 10) = 300 m & next year say 50m = 500 m. The new product contract and legacy business gets them 60-100m(multiple 5) = 300 to 500 m that gets to 800 to 1b market cap.

That’s 3x.

[Punchcard Investing @punchcard20]

@6df4e6d9972a44f @MinotaurStocks Which projections are you talking about? I don’t see any update of arr for bmis from Minotaur.

[Punchcard Investing @punchcard20]

@6df4e6d9972a44f @MinotaurStocks $ALLT is making right moves. Clean balance sheet, winning contracts on legacy side, expanding with tier 1 customers. Potential of capturing recurring revenue with 20-50% of 30m customers with VZ. I am sure this small cyber security company will easily double in a year’s time.

[Punchcard Investing @punchcard20]

Bought some more $ALLT today, the management is delivering as per the details mentioned on the conference’s calls, hope they continue delivering and Q2 could see a spike due to my biz plan growth. $VZ earnings coming up soon.

[Punchcard Investing @punchcard20]

Given the news of Israel strike on Iran - Expected $gpre to be green due to expectations of raise in oil prices, which it did. But seeing $allt green at this moment is a sweet surprise🙂

[Punchcard Investing @punchcard20]

$allt is surprisingly is holding up real good

[Punchcard Investing @punchcard20]

$allt Q1 highlights:
1) Smart product’s growth projection grew(Terra 3), revenue has been declining over the years but this is encouraging.
2) SECaaS adoption depends on CSPs -$allt has no control. I expected 100% growth for 2025 instead of 50% projection. So it will take time:

[Punchcard Investing @punchcard20]

$ALLT what a great conference call. It’s firing on all cylinders. Loved it. Great questions & excellent responses. Hardly any contributions from vz biz plan & more upside from vod. Newer products & expected large deals on legacy side.Around 50% secaas growth projection #Bullish

[Punchcard Investing @punchcard20]

Who is excited about $allt earnings?
1) $Vod step up contribution to SECaas
2) $Vz my biz plan update
3) Newer products and exciting updates

Hope the bullish sentiment starts to evolve through rest of the year starting tomorrow. Go $ALLT