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Currently holding: https://preview.redd.it/c8r8cij7zj3g1.png?width=269&format=png&auto=webp&s=e3daac8234d06c8d556bb1b8d1a6e28252123af7 Picked up ALIT today.
curious what you guys think about ALIT? they had 500 million revenue and are getting a new CEO January 1. very high % shares owned by institutions
ALIT very interesting hmmm
I am not sure where you found this information. Checked Q3 earnings report; ALIT repurchased $25 worth of share. These below are from Q3 Report. **Third Quarter 2025 Highlights** (all comparisons are relative to third quarter 2024) * Revenue decreased 4.0% to $533 million * Gross profit of $178 million and gross profit margin of 33.4%, compared to $174 million and 31.4%, respectively, and adjusted gross profit of $206 million and adjusted gross profit margin of 38.6%, compared to $200 million and 36.0%, respectively * Net loss of $1,055 million compared to net loss of $44 million, primarily driven by the $1,338 million non-cash goodwill impairment charge * Adjusted EBITDA improved to $138 million from $118 million * Diluted loss per share of $2.00 compared to diluted loss per share of $0.08, and adjusted diluted earnings per share of $0.12 compared to $0.09 per share * New wins or expanded relationships with companies including MetLife, Cintas and Mass General Brigham * Repurchased $25 million of common stock under existing share repurchase program * Declared and paid a $0.04 per share dividend https://preview.redd.it/fljt3ywx0z0g1.png?width=702&format=png&auto=webp&s=e01503ec23271281f785000bb19dcc7089921560 Pls correct me If I am wrong. Do you think it has good potential to run good within next few 3 to 4 quatres?
ALIT just announced suspension of the Employee Stock Purchase Program. Tread carefully
Update a couple weeks later: ALIT made a new low then popped a little bit. I'm currently up $2K on the trade but we haven't confirmed this bottom yet. Earnings call in November will play a big role in getting all the sellers out. I love that at this point the selling is close to exhausting itself but we need to see what guidance looks like on the earnings call. This is an outstanding company with 250 fortune 500 companies in its portfolio. Rate cuts will actually help fuel this business as more small companies benefit from a rate cutting cycle and ALIT can sign new customers.
ALIT's EV to EBITDA ratio is 9.48 which is fairly normal, and the forward ratio is around 5.5 which would make it quite undervalued if they hit those forward numbers. The CEO is aggresively bringing the net leverage ratio down, which is now around 3.1x, and will be under 3 by next year, which again is reasonable. T The numbers are trending in the right direction: \-Debt and interest expense reduction \-Free cash flow increasing \-EPS increasing \-Gross Margins increasing Other pertinent numbers: \-Current Ratio 1.16 (company can fully cover its short term liabilities) \-Quick Ratio 0.79, which is slightly lean, but on track to be above 1 next year. Doing my due diligence on this one, the market has priced ALIT for failure, but from what Im seeing them do in improving their balance sheet and strengthening relationships with their fortune 500 clients, I'm willing to put my investment in that margin growth opportunity. There are not too many companies that have contracts with \~250 of the Fortune 500 companies, and I like that as foundation to build on.
Good plan. I'll be thoroughly reviewing the earnings call and earnings report in November. While I think I've found a gem, I can understand why virtually everyone here disagrees and it looks like I'll be going at this one alone. ALIT is a "show me" story, and people here won't want to get in until there's actual proof the company's financials will continue to improve in the next year or two. The market will sniff that out pretty quick though if that happens, and the major run opportunity will be missed. So yes, for most people, the prudent decision is to wait for confirmation. I'm ok with speculating here bevause I do think they have something special on their path to earnings growth and high gross margins. Good luck to everyone 🙏🏻
Never got in on ICOs but funny you mention that, I'm a co founder of a crypto exchange launching on Base in a few months. No ICO though lol, we're planning to IDO after we generate revenue. Id say this about ALIT, with all the euphoria in the markets right now, ALIT is completely excluded from the craze. I couldn't get myself to go in on the OpenDoor play because it's unprofitable, has to reinvent itself, and doesn't control its own destiny as it's so reliant on the housing market to pick up which still doesn't solve their problems. People would rather bet on a failing company like OPEN, than show their support for a company is free cash flow positive and growing earnings and reevnue, and has to the potential to go toe to toe against industry leaders like SAP ($332B market cap) with ALITs very modest $1.6B market cap. I believe this one has all the right ingredients when people are trying to look for a gem, and this checks all the boxes for that. Now it comes down to execution.
Its being grouped with anything "software," where the thesis is that software or CRM companies are going away due to AI, hence the reason SalesForce also getting hit hard. However, as we've seen with Snowflake and other software platforms like Unity, if you have a niche and are good at it, can manage the operation well, and are asset light, then you can actually leverage AI to make your Software or CRM solutions superior. Speaking with multiple management employees at various corporations, none of them have even begun to replace their CRM or HR vendors with in house solutions because the costs dont justify bringing it in house, and the efficiency gained with these vendors is quite good. For comparison, Alight's much larger competitor which has more offerings is SAP, with a market cap of $332 Billion versus $1.6B. I've noticed that Alight has several up and coming companies that use their services, so if any of those companies achieve unicorn status, thats major revenue and earnings growth for Alight as well. As they grow, Alight grows. Personally i love the risk reward here. Much easier knowing ALIT is already profitable, paying down debt, and foreacast for big growth. It all comes down to execution.
The market a-lit ALIT on fire. And not in a good way.
$ALIT totally manipulated. Q2 results beats but the stock down 20%..
I'm looking at ALIT! Have wrote a post here https://www.reddit.com/r/ValueInvesting/s/3TS76dnFOi
ALIT earnings tomorrow morning. It’s probably going to pop like 12%
Citigroup Maintains Buy on Alight $ALIT https://preview.redd.it/fdqd00w1smld1.jpeg?width=647&format=pjpg&auto=webp&s=679185749ba304045d42e7b3781dfe105bc6bc28
Anyone know anything about ALIT? Something something next generation AI engine powering
I started two months ago and am up quite a fair share for what I put in (~2k in and roughly 250 up). I have AAPL, AMZN, IBM, ALIT, HSBC, GOOGL, JPM, and NKE. ALIT is a rando that I think has a fantastic potential this year. HSBC and IBM have great dividends. The others are just strong, reliable blue chips.
ALIT is at $9.3, SST is at $16 (mostly because of the low float) and PSFE is obviously shit. Overall he is probably one of the better serial sponsors (not that it says much).
with all due respect, this one's on you. literally EVERY warrant agreement lays out, in EXCRUIATING details, redemption rights. if you can't be bothered to a.) understand them, b.) follow your positions and read broker messages, and/or c.) stay up to date on news releases by the company (like ALIT's from late Nov, notifying of the redemption), you shouldn't be buying warrants. "did anyone experience something similar?" i'm sure with every redemption there are those who wind up exactly like yourself. it's like the spac-world's own little darwin test. there should be a support group on reddit for y'all (maybe there is??).
Sold off my ALIT today (WHAT A BORING COMPANY i listened to the DD here a few months ago and only went up like 10%....) and put it all into QQQM
Value to small cap, specially PSFE, SKLZ,MVST,ZEV,SUNL,ALIT, SOFI all very undervalued. PSFE/SUNL rading 1X. PLTR.
ALIT and ASLE called redemptions on their warrants today. My thesis is that companies are calling them now (with 30 day redemption periods) to clean up the warrants before year end (Dec 31st) reporting. Decent chance that RBOT calls theirs in the next couple days- and if so, the warrants are currently like $1.75ish below cashless redemption value.
$ALIT warrant redemption Alight Announces Redemption of All Outstanding Warrants Until 5:00 p.m. New York City time on 🗓️ December 27, 2021 https://twitter.com/spachero2/status/1465276585183907842?t=dV4vlgVtq9p_E2cUIiOGmg&s=19
MPLN is setting up for another squeeze also. Call volume has gone through the roof. ALIT is starting to pretty up a bit too..may nab a little RMO if it drops more with the broad market.
Here is my list, for free. The paid ones have ulterior motives. FIVN....ZI....OLPX....HRC...ALIT....FRSH....IHC...TOST....VSCO...SLGC. If these are helpful, and you see a homeless person, buy them a coffee.
Did anyone catch the 23andMe warrant redemption announcement? De-SPACs calling them early and a cashless basis may help the accounting, but it really takes the air out of long-term hopium for holding them. Not every SPAC has the $10 threshhold, but for those that do, my guesses for the next ones to call them are possibly $ALIT and $HLMN. $EVGO comes really close (14 of the last 16 days closing above $10), but they might not reach it to get it announced and closed by 12/31. Make sure you know what you own people.
A couple of fliers on GGBI (polestar spac), PSFE, and ALIT to go along with whatever boring ETFs are suggested. Polestar is in a good international spot with a fairly reasonable price compared to its peers and its guidance/outlook. ALIT and PSFE are good potential acquisition targets in the next 1-3 years given their business, performance & history (3-5x current S/P). PSFE mgmt say they aren’t actively looking for a buyout but that does not mean they won’t be approached by a DKNG or a PYPL. They are trading at roughly 3.5bn and have a value of 5bn+. Financially healthy. ALIT contracts are great (TSP and lots of large market clientele). It’s a sticky business due to cost and contract length. ALIT has great reputation due to its roots being from Hewitt. Formerly the HRBPO (Hewitt) of AON. They spun it off private and then AON later failed to secure the “merger” Towers Watson. They were targeting TW’s large market clients, exchange and HRBPO…
10k shares @ 4.25 10 5p @2.55 Jan 2024 30 6c Jan 2023 57 7.5p Nov 19 ‘21 - got burned on these lol selling puts before earnings This shit is crazy undervalued even with all of the ER info/happenings. At minimum this and ALIT become 3-5x current S/P acquisition targets in the future.
I scooped up a lot of ALIT commons when it was in the 9s.
Meanwhile ALIT which was the one people didn't like is doing just fine.
I’ll give you a couple good ones worth taking a look and investing in OPFI , IS, ORGN, PSFE, ALIT, JBI and technically PRPL
ALIT was supposed to be the crappy bill foley spac. turned out to be the opposite.
IMHO, all three are ideal SPAC targets in theory. AMBP and ALIT are eseentially spin-offs from existing public companies and HLLY was a profitable mature private company. There was no need to a 6 month roadshow to "sell" investors and leave 35% of the IPO funds on the altar of Wall St. I'm sure there are others not mentioned here, but the SPAC-plosion has brought too many roosters into the henhouse leaving retail investors holding their c*cks with pre-revenue PIPE-dreams.
I got a couple that don't seem to be too popular here: * Ardagh Metal Packaging (AMBP) * Holley (HLLY) * Alight Solutions (ALIT) All actual businesses with real revenue. Probably not any 10-baggers here, but should be slow steady growers for the next 3-5 years. Also, I'm not in it, but the lack of mentions on r/spacs makes it looks like most people missed on Archea Energy (formerly RICE). Boring natural gas play, but looks like it going to be a consistent money maker.
Look what they did to my boy $ALIT
> If 80% of the trust is redeemed Really doubt Ares would cut a deal that gets redeemed that heavily... I could also see them backstopping redemptions in a big way like Bill Foley does. > there would need to be a massive PIPE They seem like a team who could source a sizeable PIPE, even in this environment. From the prospectus: "AAC may benefit from Ares’ over 1,060 institutional investor relationships across more than 270 funds, as of September 30, 2020. Ares’ high-quality institutional investor base includes large pension funds, sovereign wealth funds, banks and insurance companies." > There are several post-DA warrants trading sub/near $1 Sure, but are they for $1B+ trusts with low warrant coverage? I find the average for those to be closer to $1.50 right now. And once mergers go through I think most of those have a good shot at breaching $2-3+ due to deal de-risk, among other things. > Retail/supermarket chains seems like it'd get no hype An unassuming CANO or ALIT type play could be just what the doctor ordered as far as I'm concerned. Those two are why I also like JWSM and ASZ at around a buck per warrant. I think FCF generative companies are way more likely to garner institutional interest post de-SPAC than unknown pre/low-rev deep tech plays that rely purely on hype and retail interest.
I'm 1 for 4 on post DA spacs. Thank God for ALIT.
This may be boring AF, but #ALIT is creepy crawly going up day after day.
Yes, they are at the point right now where they can redeem warrants for approximately 1/4 of a share per warrant. There is a chart that gives the exact redemption ratio depending on a few different things, but at the current price/time period, it works out to right around.25 shares. ALIT is hovering around 12, and the warrants are around 3, so they are trading at the correct price.
I thought it was $18 too until I saw what happened to CLOV warrant holders which had a $10 threshold on the commons…this is from the ALIT S1 which was the basis of my question: the “reference value above” referred to below is the 20 of 30 days language… Redemption of Warrants When the Price per Share of Company Class A common stock Equals or Exceeds $10.00 Once the warrants become exercisable, we may redeem the outstanding warrants (except for any warrants held by Cannae or THL, or their permitted transferees, if the Reference Value equals or exceeds $18.00 per share): • in whole and not in part; • at $0.10 per warrant upon a minimum of 30 days’ prior written notice of redemption; provided that holders will be able to exercise their warrants on a cashless basis prior to redemption and receive that number of shares determined by reference to the table below, based on the redemption date and the “fair market value” of Company Class A common stock (as defined below); • if, and only if, the Reference Value (as defined above under “Redemption of Warrants When the Price per Share of Company Class A common stock Equals or Exceeds $18.00”) equals or exceeds $10.00 per share (as adjusted for stock splits, stock dividends, reorganizations, recapitalizations and the like); and • if the Reference Value is less than $18.00 per share (as adjusted for stock splits, stock dividends, reorganizations, recapitalizations and the like) the warrants that were Forward Purchase Warrants must also be concurrently called for redemption on the same terms (except as described above with respect to a holder’s ability to cashless exercise its warrants) as the outstanding warrants in respect of any FTAC Public Warrants, as described above.
ALIT 12.50s as far out they will get bought out before year end
Good shit Hani! Go get that ATH too. Finally busted thru my mine and holding/growing. Might have pull trigger on a little more ALIT so I pay attention to more too.
ALIT trying to break out again. Maybe the rumour will become reality soon?
ALIT is busy I see and has to be an acquisition target no?