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  • China Orders Montage Technology To Cease Production And Sale
    Wed, Jun. 11 MONT 30 Comments

    Summary

    • Montage's stated set top box revenue is not consistent with its reputation as a very minor player; other brands dominate Montage by 10:1 to 35:1 among suppliers and finished goods.
    • Montage produces the majority of chips in a 5 million chip per month black market; China's government recently ordered them to "stop illegal production and sales activities immediately".
    • Excluding illegal chips, Montage trades at roughly 10x revenue. Neither PDSTI nor anyone else is likely to buy MONT at this price. Any of numerous catalysts could drop MONT precipitously.
  • Montage Technology: The SoC You Can't See
    Editors' Pick • Thu, Mar. 20 MONT 290 Comments

    Summary

    • Montage's SoC revenues are mostly imaginary.
    • Analysis of the online semiconductor supply market shows MONT's SoC market share is miniscule.
    • If Montage's revenues were real, Montage market share would closely resemble ALi's SD SoC business, but it does not.
    • Montage's largest customer list reveals major inconsistencies.
    • Montage is worth $5 to $6 per share.
  • Montage: An Incredible Quarter
    Thu, Feb. 20 MONT 14 Comments
  • Montage: Seeing The Whole Picture
       • Fri, Feb. 14 MONT 6 Comments
  • Musings On Minneapolis: Uni-Pixel Is Moving... Backwards
    May. 30, 2013 UNXL 72 Comments
  • Rentech Is Waiting For An Activist Investor
    Mar. 21, 2012 RTK 25 Comments
  • A Highly Profitable Micro Cap Bank With Great Asset Quality At A Massive Discount
    Mar. 7, 2012 BKUT 16 Comments
  • Rights Offering, 2011 Version: Time to Sell Cornerstone Management
    Jul. 3, 2011 CRF, CLM 20 Comments