boilermaker75 Posted April 29, 2013 Share Posted April 29, 2013 CHKP is an Israeli company providing hardware and software products and services for IT security. CHKP has no debt, $575 million cash and $233 million in short-term investments. The free cash flow is about $900 million and the EV $7.6 billion. Over the last 5 years the annual free cash flow growth has been 16% and revenues 11%. I have not looked at CHKP before today and the above warrants a more in depth look. Although there are filings on Edgar, there are no 10-ks, which I assume is because CHKP is an Israeli company? Is there a way to access annual reports for Israeli companies? TIA, Boiler Link to comment Share on other sites More sharing options...
Packer16 Posted April 29, 2013 Share Posted April 29, 2013 You should be able to get the 20-Fs which is the equivalent of the 10-K and the quarterlies are file as 6-Ks. Packer Link to comment Share on other sites More sharing options...
boilermaker75 Posted April 29, 2013 Author Share Posted April 29, 2013 You should be able to get the 20-Fs which is the equivalent of the 10-K and the quarterlies are file as 6-Ks. Packer Packer, I didn't know what to look for. I see them. Thanks, Boiler Link to comment Share on other sites More sharing options...
Green King Posted April 29, 2013 Share Posted April 29, 2013 Do they have a moat ? Link to comment Share on other sites More sharing options...
boilermaker75 Posted April 29, 2013 Author Share Posted April 29, 2013 Do they have a moat ? I don't know much about CHKP yet so I don't know. I hope to start looking at the most recent 20-F today. Their business, IT security, is something we cannot do without, threats will always be there, and there probably will be ever expanding security threats to address. Link to comment Share on other sites More sharing options...
Guest FFHfan Posted April 29, 2013 Share Posted April 29, 2013 Nasdaq listed company, so information should be available. Given Imaging Ltd. and Ituran Location and Control (Baupost is a shareholder) as well as Delek US Holdings Inc. and Isramco Inc. (Site Currently Under Construction) are interesting companies. Link to comment Share on other sites More sharing options...
boilermaker75 Posted April 29, 2013 Author Share Posted April 29, 2013 Nasdaq listed company, so information should be available. Given Imaging Ltd. and Ituran Location and Control (Baupost is a shareholder) as well as Delek US Holdings Inc. and Isramco Inc. (Site Currently Under Construction) are interesting companies. Yes, I just was naive about how to find the information. I was looking for a 10-K, now I know to look for a 20-F. I have had good luck in the past with software companies that were mainly started/run by Israelis, like Mercury Interactive and Daisy Systems. I went ahead and wrote some May 45 puts on CHKP. Link to comment Share on other sites More sharing options...
Guest FFHfan Posted April 29, 2013 Share Posted April 29, 2013 forgot to mention Nice Systems Ltd. :) Link to comment Share on other sites More sharing options...
SlowAppreciation Posted August 16, 2016 Share Posted August 16, 2016 This one has been on my radar for some time and the stock has stagnated of late. Anyone else still following it? Link to comment Share on other sites More sharing options...
KJP Posted August 16, 2016 Share Posted August 16, 2016 This one has been on my radar for some time and the stock has stagnated of late. Anyone else still following it? I'm not following, but Kerrisdale's recent letter has a write up about it. Link to comment Share on other sites More sharing options...
SlowAppreciation Posted August 17, 2016 Share Posted August 17, 2016 This one has been on my radar for some time and the stock has stagnated of late. Anyone else still following it? I'm not following, but Kerrisdale's recent letter has a write up about it. Just saw that a little while after posting. The company has perhaps the cleanest financial statements I've ever seen, 88% GMs, 45% NM, little variability, no debt, etc. Link to comment Share on other sites More sharing options...
SlowAppreciation Posted August 18, 2016 Share Posted August 18, 2016 Just came across this Reddit post on the differences between Checkpoint and Palo Alto Networks. Most seem to vastly prefer Palo Alto Networks. Link to comment Share on other sites More sharing options...
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