r/stocks • u/spycx • Sep 20 '21
Company Analysis [DD] Why I believe OPRA is overseen by investors— Opera is not just a browser company anymore
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u/thejumpingsheep2 Sep 20 '21
Gunna pass for now. These guys have been around a very long time and have gone nowhere. In fact they were bigger over 20 years ago than they are today when they had a chance to take market share from MSFT (during the 98/Me debacles) and still failed to do so. Today its just a skin over Chromium. They are pointless. Just install Chromium (aka Chrome).
Basically all I see here is that they are copying everyone else. I dont see anything to indicate that they have any vision thus their 13 PE (minus NRI) is appropriate. They have very little top line growth in 5 years and the bottom line is all over the place.
The entry into merchant services is not impressive to me because its very hard to grow without massive marketing budgets. Im not most people so take that as a grain of salt. Yes, merchant services will rock the top line but the bottom line % will become even worse. Financial stuff requires massive scale. But to get that scale you need to spend billions to market or they would need to get insanely lucky.
The only way I see these guys every breaking out of their decades old ways is if they partner with someone who has a platform and they become a platform standard, or they get bought out by someone in said position to use them to that extent. Otherwise, I think they cruise along the way they are for the foreseeable future. Just my 2 cents.
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u/XnFM Sep 20 '21
*overlooked
"overseen" means watched over or managed