Otello Corp ASA

Opera Software is a provider of cloud-based consumer products and services. Co.'s Mobile Operators provides four principal cloud-based solutions and services to operators worldwide. Co.'s Mobile Consumers provides Opera Mini and Opera.com to its users. Co.'s Mobile Publishers and Advertisers provide the Opera Mediaworks brand and the Opera Mediaworks Response brand. Co.'s Desktop Consumers provides its users with a browsing experience, and Co.'s Device Original Equipment Manufactures allow device manufacturers to provide web browsing capabilities and internet access to their operator and consumer end customers.
  • TickerOPERA
  • ISINNO0010040611
  • ExchangeOslo Bors
  • SectorSoftware & Computer Services
  • CountryNorway

Analysts

1 director bought

A director at Otello Corporation Asa bought 671,664 shares at 14.020NOK and the significance rating of the trade was 67/100. Is that information sufficient for you to make an investment decision? This report gives details of those trades and adds context and analysis to them such that you can judge whether these trading decisions are ones worth following. Included in the report is a detailed share price chart which plots discretionary trades by all the company's directors over the last two years clearly showing Close periods where trading activity is restricted under listing rules. The nam...

OTELLO CORPORATION ASA sees a downgrade to Slightly Negative on account of less fundamental stars

The independent financial analyst theScreener just lowered the general evaluation of OTELLO CORPORATION ASA (NO), active in the Software industry. As regards its fundamental valuation, the title now shows 2 out of 4 stars while market behaviour can be considered moderately risky. theScreener believes that the title remains under pressure due to the loss of a star(s) and downgrades its general evaluation to Slightly Negative. As of the analysis date August 30, 2019, the closing price was NOK 16.20 and its target price was estimated at NOK 12.32.

Christoffer Wang Bjørnsen ...
  • Helene Kvilhaug Brøndbo
  • Joachim Gunell
  • Jon Masdal
  • Marius Knudssøn
  • Martin Hoang Nguyen
  • Martin Huseby Karlsen
  • Mats Bye
  • Mattias Holmberg
  • Ole Martin Westgaard
  • Ole-Andreas Krohn
  • Patrik Ling
  • Rune Majlund Dahl
  • Stefan Gauffin

Northern Lights

Christoffer Wang Bjørnsen

Otello (Buy, TP: NOK24.00) - On the cusp of a re-rating

As Bemobi continued on its solid growth path in Q2, and AdColony provided some indication that a turnaround is imminent, we see Otello’s shares on the cusp of a significant re-rating. While Q2 was in line with our estimates, guidance for Q3 surprised on the positive side. We have slightly increased our FY 2019 headline estimates, and raised our target price to NOK24 (23), while we reiterate BUY.

Christoffer Wang Bjørnsen ...
  • Eivind Sars Veddeng
  • Joachim Gunell
  • Nicolay Dyvik
  • Ole-Andreas Krohn
  • Simen Mortensen

Northern Lights

Christoffer Wang Bjørnsen

Otello (Buy, TP: NOK24.00) - On the cusp of a re-rating

As Bemobi continued on its solid growth path in Q2, and AdColony provided some indication that a turnaround is imminent, we see Otello’s shares on the cusp of a significant re-rating. While Q2 was in line with our estimates, guidance for Q3 surprised on the positive side. We have slightly increased our FY 2019 headline estimates, and raised our target price to NOK24 (23), while we reiterate BUY.

Christoffer Wang Bjørnsen

Otello (Buy, TP: NOK23.00) - AdColony making the right moves

Mobile ads company Madvertise announced yesterday that it has signed an exclusive agreement to supply AdColony’s video inventory in Germany, Austria, and Switzerland. While Madvertise is a relatively small company, with a sales run-rate of ~USD20m per 2018, we see this as another example of AdColony executing on its more scalable partner model.

Christoffer Wang Bjørnsen

Otello (Buy, TP: NOK23.00) - Encouraging signs across assets

We expect encouraging signs across Otello’s assets in conjunction with Q2, with AdColony’s prolonged sales decline slowing/further cost-cutting efforts, a return to double-digit underlying growth post platform migration for Bemobi, and positive commentary on Vewd’s court proceedings. BUY and NOK23 target price maintained.

Christoffer Wang Bjørnsen

Otello (Buy, TP: NOK23.00) - Report suggests Vewd is refinancing to buy out minority

According to a story on Debtwire, Vewd (previously Opera TV) is in the process of refinancing its debt in order to buy out a minority investor – which we believe would be Otello, and that in the event this would result in a sizeable cash windfall for Otello shareholders.

Christoffer Wang Bjørnsen

Otello (Buy, TP: NOK23.00) - Still a solid BUY

Otello’s Q1 was a mixed bag, with neither Bemobi nor AdColony deviating significantly from our estimates. Bemobi remains on a good trajectory, while the jury is still out on AdColony albeit we believe skewed slightly in its favour. We have made limited estimate changes following the Q1 results, and we reiterate our BUY and NOK23 target price.

1 director bought

A director at Otello Corporation Asa bought 671,664 shares at 14.020NOK and the significance rating of the trade was 67/100. Is that information sufficient for you to make an investment decision? This report gives details of those trades and adds context and analysis to them such that you can judge whether these trading decisions are ones worth following. Included in the report is a detailed share price chart which plots discretionary trades by all the company's directors over the last two years clearly showing Close periods where trading activity is restricted under listing rules. The nam...

Christoffer Wang Bjørnsen ...
  • Helene Kvilhaug Brøndbo
  • Joachim Gunell
  • Jon Masdal
  • Marius Knudssøn
  • Martin Hoang Nguyen
  • Martin Huseby Karlsen
  • Mats Bye
  • Mattias Holmberg
  • Ole Martin Westgaard
  • Ole-Andreas Krohn
  • Patrik Ling
  • Rune Majlund Dahl
  • Stefan Gauffin

Northern Lights

Christoffer Wang Bjørnsen ...
  • Eivind Sars Veddeng
  • Joachim Gunell
  • Nicolay Dyvik
  • Ole-Andreas Krohn
  • Simen Mortensen

Northern Lights

Christoffer Wang Bjørnsen ...
  • Eivind Sars Veddeng
  • Håkon Astrup
  • Jesper Ingildsen
  • Martin Huseby Karlsen
  • Niclas Gehin
  • Ole-Andreas Krohn
  • Rune Majlund Dahl

Northern Lights

Christer Magnergård ...
  • Christoffer Wang Bjørnsen
  • Håkon Astrup
  • Jon Berggren
  • Karl-Johan Bonnevier
  • Martin Arnell
  • Mattias Holmberg
  • Niclas Gehin
  • Nicolas McBeath
  • Ole Martin Westgaard
  • Ole-Andreas Krohn
  • Olof Larshammar
  • Patrik Ling
  • Stefan Gauffin
  • Tomi Railo

Weak report across the board

Christoffer Wang Bjørnsen ...
  • Eivind Sars Veddeng
  • Håkon Astrup
  • Jon Masdal
  • Jørgen Lian
  • Karl-Johan Bonnevier
  • Martin Hoang Nguyen
  • Mats Bye
  • Nicolay Dyvik
  • Ole-Andreas Krohn
  • Patrik Ling
  • Simen Mortensen
  • Stefan Gauffin

Northern Lights

OTELLO CORPORATION ASA sees a downgrade to Slightly Negative on account of less fundamental stars

The independent financial analyst theScreener just lowered the general evaluation of OTELLO CORPORATION ASA (NO), active in the Software industry. As regards its fundamental valuation, the title now shows 2 out of 4 stars while market behaviour can be considered moderately risky. theScreener believes that the title remains under pressure due to the loss of a star(s) and downgrades its general evaluation to Slightly Negative. As of the analysis date August 30, 2019, the closing price was NOK 16.20 and its target price was estimated at NOK 12.32.

Ford Equity International Rating and Forecast Report

Ford Equity International Research Reports cover 60 countries with over 30,000 stocks traded on international exchanges. A proprietary quantitative system compares each company to its peers on proven measures of business value, growth characteristics, and investor behavior. Ford's three recommendation ratings buy, hold and sell, represent each stock’s return potential relative to its own country market.. The rating reports which are generated each week, include the fundamental details behind each recommendation and reflect the fundamental and price data as of the last trading day of the week...

MarketLine Department

Opera Software ASA – Mergers & Acquisitions (M&A), Partnerships & Alliances and Investment Report

Summary Technology and Services Key Findings Technology and Services Technology and Services Reasons To Buys MarketLine Key Highlights Norway

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