MONT

[admin]

["Admin, I think it is worth to create a forum for this stock to have more people to do due-dilligence on it. I think it has the potential to be another NQ."]

I will first put this thread under "New stock ideas", if it gets a lot of posts, it will have its own forum with various threads.

[admin]

For two days, the thread will be visible at both forums (NQ and New stock ideas) to avoid confusion.

[cliu89]

For two days, the thread will be visible at both forums (NQ and New stock ideas) to avoid confusion.

Below is the summary of what I found about this company:

1. Strong managment team.   Most of the mangement team members has edcuated in US and worked in US high-tech company for many years before founding and joining this co.    CEO, CTO, and two VPs has PhDs.   CEO is IEEE fellow.

2. LQW, the distributor in question, is clearly described in SEC document.

3. their DDR4 product is the first co that validated by Intel.  Intel is one of the investor for this co.

4. Their bank statements clearly show their cash position increases from quarter to quarter.

Anyone has done due-dilligence on this company that would like to share their findings?

thanks.

[cliu89]

In JMP Securities Technology Conference webcast today, the CFO mentioned that he bought 250K of its stock last week. See the company webcast link below: http://wsw.com/webcast/jmp23/MONT/

[admin]

That's a nice sign of confidence. They've beaten analyst expectations and these analysts have upped their EPS estimates quite a bit as a result:

http://finance.yahoo.com/q/ae?s=MONT+Analyst+Estimates

[cliu89]

That's a nice sign of confidence. They've beaten analyst expectations and these analysts have upped their EPS estimates quite a bit as a result:

http://finance.yahoo.com/q/ae?s=MONT+Analyst+Estimates

Listen to the webcast, the CFO mentioned that it has 130 mil cash, no debt, but the market cap is only 400 mil.

CFO gave great detail to respond to the allegation about the distributor in question.

[cliu89]

Montage sinks after Gravity Research questions revenue
Shares of semiconductor solutions company Montage Technology (MONT) are sinking after Gravity Research initiated the stock with a Sell Strong rating in a report posted on its website. Gravity said it does not believe Montage's claimed revenue is real. Shares of Montage are down 8%, or $1.75, to $19.46 in morning trading.

Anyone looking at this????

Hi, Mountainbiker,

Is there anyway to find out the latest (2/28) short inteest for MONT?  I only can find data for 2/14, but not 2/18.  The short interest on 2/14 is 1.75 mil.

thanks.

[Mountainbiker]

Montage sinks after Gravity Research questions revenue
Shares of semiconductor solutions company Montage Technology (MONT) are sinking after Gravity Research initiated the stock with a Sell Strong rating in a report posted on its website. Gravity said it does not believe Montage's claimed revenue is real. Shares of Montage are down 8%, or $1.75, to $19.46 in morning trading.

Anyone looking at this????

Hi, Mountainbiker,

Is there anyway to find out the latest (2/28) short inteest for MONT?  I only can find data for 2/14, but not 2/18.  The short interest on 2/14 is 1.75 mil.

thanks.

S/I is 1.8M representing 14.06%

[Mountainbiker]

MONT being privatized at $21.50....good for the longs who bought on the drop.......cheers...

[admin]

Montage Technology announced that its board has received a preliminary non-binding proposal letter, dated March 10, from Shanghai Pudong Science and Technology, a wholly state-owned limited liability company directly under Pudong New Area government of Shanghai. According to the proposal letter, PDSTI proposed to acquire all of Montage's outstanding ordinary shares at a price of $21.50 in cash per ordinary share. The board is reviewing and evaluating PDSTI's proposal. No decision has been made with respect to Montage's response to the proposal. There can be no assurance that any definitive offer will be made, that any agreement will be executed or that this or any other transaction will be approved or consummated. Montage does not undertake any obligation to provide any updates with respect to this or any other transaction, except as required under applicable law.

Montage receives non-binding proposal to acquire the company at $21.50 per share - Yahoo Finance

It's a non-binding proposal so we have to wait and see what happens, but I can imagine these people are sick of being listed..