$OPRA an undervalued stock?
by bliaq4u | February 15, 2021 7:49 pm
OPRA is not just a browser anymore it is a diversified company with it’s fingers in many growing pies. It seems like a good mid-term earnings report and beyond play.
I’m curious on what the community thinks of this?
Here are some of the basics:
1. Gamer preferred browser with cult following.
2. 25FEB earnings.
3. Nanobank 30% margin in Indonesia[1].
4. Opay is expanding in South America, and Africa[2]: Nigeria alone has 300M Opay users
5. Ofood delivery service.
Catalyst #1 GIC Singapore[3] purchased a 3.86% stake in the company:
https://quantisnow.com/insight/391509?s=s
A relatively informed Reddit user’s thoughts:
Why I believe $OPRA is overseen by investors[4] from investing[5]
Stocktwits user reports unusual options[6] sweeps and 38% of short sellers exiting the stock last week.
https://stocktwits.com/WallStJesus/message/289339154
Disclaimer: I own options in this company and am not a financial advisor.
- Indonesia: https://www.stockgumshoe.com/tag/indonesia/
- Africa: https://www.stockgumshoe.com/tag/africa/
- Singapore: https://www.stockgumshoe.com/tag/singapore/
- Why I believe $OPRA is overseen by investors: https://www.reddit.com/r/investing/comments/lgqjga/why_i_believe_opra_is_overseen_by_investors/?ref_source=embed&ref=share
- investing: https://www.reddit.com/r/investing/
- options: https://www.stockgumshoe.com/tag/options/
Source URL: https://www.stockgumshoe.com/2021/02/microblog-opra-an-undervalued-stock/
GIC Singapore buying 3.86% was catalyst #1
This is catalyst #2 today
https://www.prnewswire.com/news-releases/opera-launches-dify-an-in-browser-cashback–payments-solution-and-standalone-wallet-app-301229774.html
Catalyst #3: OPRA mini to offer in-browser chat service. (mini-catalyst) https://www.prnewswire.com/news-releases/opera-continues-its-growth-in-africa-with-launch-of-hype-an-in-browser-chat-service-for-opera-mini-users-301233307.html
Catalyst #4: 190% EPS surprise: street 11c, actual 30c.