Posts for Ticker ‘ALDN’

Aladdin Comes Clean, Addresses Merger Reports (ALDN)

Broken_money_merger_imageWe reported yesterday that Israeli-data and IT security firm Aladdin Knowledge Systems Ltd. (NASDAQ: ALDN) was up sharply higher on reports that its old merger offer "may" be developing again.  The company has issued a response, and it seems that there are still more questions and opportunity for skepticism than there are any solid answers.

Read More »

Posted on: January 7, 2009 – 7:15 am in ADR, Mergers and Buy Outs, Rumors,

Aladdin In Play? (ALDN)

Aladdin Knowledge Systems Ltd. (NYSE: ALDN) shares have risen sharply on new reports that the Israeli data security software provider was close to receiving a buyout offer from a Vector Capital Group affiliate.  Israel’s ‘TheMarker’ financial news Web site reported a new offer from Vector’s Jasmine Holdco LLC in the works.  This wouldn’t exactly be the first dance for this company, and if it does not come to pass it will not be the first disappointment.

Read More »

Posted on: January 6, 2009 – 12:09 pm in ADR, Mergers and Buy Outs, Rumors, Software,

Day Trader Alert: Aladdin Knowledge Systems (ALDN)

Aladdin Knowledge Systems Ltd. (NASDAQ: ALDN) is seeing shares surge in pre-market trading, albeit on rather thin volume.  The data security company posted much narrower losses than expected with a report of -$0.02 EPS on $31.7 million in revenues, while First Call estimates were -$0.21 EPS on $29.9 million in revenues.  The company now sees fiscal 2008 earnings at $0.04 to $0.10 EPS rather than the estimates for the company to break even.  We have only seen about 6,800 shares trade pre-market but the last print was at $11.00 after a $9.43 close yesterday.  This is setting the stage for a bounce as the 52-week low is $8.29 and the 52-week high is $26.94.  Average daily volume is about 120,000 shares.  The stock does have options, although they are thinly traded.

Jon C. Ogg
October 16, 2008

Posted on: October 16, 2008 – 8:26 am in Earnings, Software,

Aladdin & Vector Capital, Another Questionable Deal (ALDN, CREL, CAPA)

Aladdin_logoAladdin Knowledge Systems (NASDAQ: ALDN) has confirmed that it received a confidential and unsolicited proposal from private equity firm Vector Capital to acquire the company.  The company notes that Vector’s proposal includes a potential alternative transaction with Vector’s purchase of Aladdin’s DRM business…. "potentially combined with a repurchase by Aladdin of the shares of Aladdin purchased by Vector Capital, and the sale by SafeNet, Inc., a Vector affiliate, of its authentication business to Aladdin."  What is very interesting is that while this would be a small deal, you can see below how this deal will come under question by many just as fast as it was announced.

Read More »

Posted on: August 20, 2008 – 11:54 am in Mergers and Buy Outs, Private Equity, Software, , ,

The 52-Week Low Club (NCC)(PFE)(ALDN)(CRBC)

National City Corporation (NCC) Raising money and big dilution. Falls to $5.90 from 52-week high of $38.32.

Pfizer (PFE) Concerns about big pharma results. Drifts off to $20.13. $27.73.

Aladdin Knowledge Systems (ALDN) Bad earnings. Down to $15.60 from 52-week high of $26.94.

Citizens Banking (CRBC) Downgrade, weak earnings. Sells off to $10.11 from 52-week high of $21.72.

Douglas A. McIntyre

Posted on: April 21, 2008 – 2:41 pm in HI/LOW, , , ,

Pre-Market Analyst Calls (June 5, 2007)

AAP raised to Neutral at JPMorgan.
ALDN cut to Mkt Perform at FBR.
ALY started as Outperform at Wachovia.
BEBE cut to Mkt Perform at FBR.
BEN cut to Underweight at JPMorgan.
BHP raised to Buy at Citigroup.
CPO started as Buy at BB&T.
CRZO started as Buy at Sun Trust Robinson Humphrey.
FIF raised to Outperform at Piper Jaffray.
HAS cut to Underweight at JPMorgan.
JNPR cut to Neutral at UBS.
OCNF started as Buy at Cantor Fitzgerald.
OHI started as Neutral at UBS.
OPWV cut to Underweight at JPMorgan; cut to Underperform at CIBC.
ORBC started as Mkt Perform at Piper Jaffray.
REG started as Neutral at Baird.
SFLY started as Strong Buy at JMP Securities.
SWIR raised to Outperform at CIBC.
SLR raised to Neutral at Credit Suisse.
TELK cut to Mkt Perform at Wachovia.
TRMP cut to Underperform at Bear Stearns.
WRI started as Outperform at Baird.
XEC cut to Neutral at UBS.

Jon C. Ogg
June 5, 2007

Posted on: June 5, 2007 – 6:37 am in Analyst Calls, , , , , , , , , , , , , , , , , , , , , , ,