Opera Ltd (OPRA) News

I never traded OPRA per pm request...although you mentioned ORA, i'm thinking it was a typo...

Oh wow that browser crypto buying news is major ... at least to me it is.

Is this new class action going to affect OPRA price? OPRA Class Action

Hi OTC Buyer,

I am happy to shoot you a filed complaint and discuss further. Please email me at jgrabar@grabarlaw.com

Thank you,

Josh

I sent an email to KMLLP and never heard back. So what are these attorneys doing for those holders anyways???

Did you buy OPRA between July 27, 2018 and January 15, 2020? As you know, it is alleged that OPRA failed to disclose that: (i) Opera had significantly overstated market opportunities and expected growth trends for its browser applications; (ii) Opera’s businesses relied on predatory lending practices; (iii) these facts, once revealed, were reasonably likely to have a material negative impact on Opera’s financial prospects, especially with respect to its lending applications’ continued availability on Google’s Play Store; and (iv) as a result, the defendants’ statements violated the federal securities laws.

If you would like to learn more about the matter and how you might benefit, including the possibility of court awarded incentive awards, message me here or contact me at jgrabar@grabarlaw.com

Thank you,

Josh

Possible correction to that short report or a dead cat bounce? If correction could see a squeeze. Still have my daughter’s shares. Like I said I have her in it for a 10 year hold at least. GLTA

OTC Buyer Fascinating reading in my view.

Now another $50 million buy back ... 50 is better than 1. Glad to see company taking action after that short report.

Interesting that they say they are short on this stock and push this negative report .... and this in disclaimer too:

...Hindenburg Research is not registered as an investment advisor in the United States or have similar registration in any other jurisdiction...

Here is the report that caused the ruckus today:

https://hindenburgresearch.com/opera-phantom-of-the-turnaround/

* * $OPRA Video Chart 01-16-2020 * *

Link to Video - click here to watch the technical chart video

I use Opera daily it is well positioned for future growth.
Hope to contribute here.

$OPRA Very Bullish pattern establishing in Opera ltd

From a charting perspective NASDAQ:OPRA is starting to look very attractive.
After a initial IPO sell off the stock has formed a base and is now stepping its way back up on good volume .
RSI , MACD , and the OBV are very positive.
Price has bullishly broken the cloud resistance.
Please also take into account the earnings release from May22nd, below is a transcript of the CEO comments within the call in which he outlines the BEAT and also RAISES guidance
"Let me now get into the quarter and guidance and then we will open it up for questions. Opera had a record revenue quarter reaching $51.3 million, up 30% versus the year ago quarter. Search revenue represented 40% of the total or $20.6 million, up 2% year-over-year or up 5% on a constant currency basis. As communicated over the past year, while we expect Search to continue to grow, we expect it to become the smaller share of our revenue over time. Search is already a pretty well optimized revenue source for us with the revenue as a function of our search partners monetization as well as our own browser user base footprint.

Advertising revenue was 29% of the total or $14.1 million, up 10% year-over-year. This growth was driven by increased user numbers as we have been prioritizing user growth over monetization."
Fin-tech revenue, which is a new revenue category, represented 13% of total revenue or $6.5 million. This scaled significantly from the fourth quarter when we acquired OKash and we expect it to be a growing percentage of revenue going forward. Retail revenue represented 13% of total or $6.8 million, in other words, quite stable versus last quarter.

With that said, we are raising our expectation for 2019 revenue. Our increased range is $230 million to $240 million representing year-over-year growth of 34% to 39%. This compares to our prior range of $220 million to $230 million, and for now reflects moderate increases in monetization, limited gains from browser product initiatives, and finally some contribution from taking micro lending to new markets. We are also guiding for adjusted EBITDA between $30 million to $45 million for the year."

Tomorrow is the big reveal

Opera (NASDAQ: OPRA) to add TRON (Coin: TRX) support to its Crypto Wallet

https://investor.opera.com/news-releases/news-release-details/opera-add-tron-support-its-crypto-wallet

Financial results on May 22nd

Starting Nov 12th for the million dollar buyback

Share buy back is huge, full recovering and more now.

I'm surprised this is down for the potential it has

50 M shares owned by Bitmain

https://cryptonomist.ch/en/blockchain-en/mining-en/open-source-chromium/

NEWS: https://seekingalpha.com/news/3374923-opera-prices-ipo-12-share

New IPO out today for an older search engine. Company has been turning profits the last year and looks promising!!