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MAST Mast Energy Developments Plc

0.30
-0.025 (-7.69%)
28 Mar 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Mast Energy Developments Plc LSE:MAST London Ordinary Share GB00BMBSCV12 ORD GBP0.001
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -0.025 -7.69% 0.30 0.30 0.35 0.325 0.325 0.33 1,510,109 16:35:10
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Electric Services 1.04M -2.73M -0.0104 -0.31 844.33k
Mast Energy Developments Plc is listed in the Electric Services sector of the London Stock Exchange with ticker MAST. The last closing price for Mast Energy Developments was 0.33p. Over the last year, Mast Energy Developments shares have traded in a share price range of 0.30p to 2.425p.

Mast Energy Developments currently has 263,854,067 shares in issue. The market capitalisation of Mast Energy Developments is £844,333 . Mast Energy Developments has a price to earnings ratio (PE ratio) of -0.31.

Mast Energy Developments Share Discussion Threads

Showing 1251 to 1270 of 1275 messages
Chat Pages: 51  50  49  48  47  46  45  44  43  42  41  40  Older
DateSubjectAuthorDiscuss
08/3/2024
16:52
26 million just sold. The bailiffs must have been sighted
lurker5
05/3/2024
12:45
@Lurker Iamthebest?? That it not me!! If you had read and the prior posts as you accuse me of not doing then you would understand that!!

"the most inadequate little losers I've come across on these boards - and that says something"

Well pot and kettle springs to mind!!!

At the end of the day even if you are right about Louis Cotzee, you are just a poisonous sad little old man!

dpr1881
05/3/2024
08:00
@Lurker I will make a prediction 12 months from now Louis Coetzee will not be a director of Mast Energy or Katoro Gold and Kibi will hold less than 10% of both. Perhaps if you are still around you will jog on and focus your little vendetta on Kibo? Where of course you first met Louis Coetzee when you were happy to be is paid hired gun?? What went wrong between you please tell us??
dpr1881
03/3/2024
18:10
At last, somebody on the kiddy ramping board with a bit of sense and able to read and understand annoucements and balance sheets. But the kiddies won't give up their dream without a toys-out-of-their-pram tantrum, and threats to send the heavies round. It has happened to me more than once.
lurker5
02/3/2024
14:02
Somebody tell the twerp on LSE who thinks the majority of revenue will now stay with Mast to read the RNS Bear in mind it needs £4m for Pyebridge to reach full capscity and read on
"RiverFort will have the right to convert the outstanding balance on the Investment to Preference Shares in Pyebridge once it exceeds £1million of outstanding balance pursuant to the Investment. The conversion into Preference Shares will represent 12.5% of the issued share capital (on a fully diluted basis). This can be increased up to 20% of the issued share capital (on a fully diluted basis) by the conversion of outstanding balances during the term of the Investment up to £2,000,000 ("Equity Rights"). The Equity Rights will:

o Provide a preferential return on all income or capital distributions with 12.5% representing 50% of all distributions with the balance due to the ordinary shares in Pyebridge, such percentage increasing with further investment and transformation into Preference Shares;"

ITs a bit obscure but it means Riverfort will ened up with a permanent 80% of Pyebridge revenue whereas with Proventure it would have been 75%. THat is unless Mast raises £4m from somewhere else (diluting shareholders substantially) to pay the £4m back to Riverfort. It certainly won't have nearly enough share of Pyebridge net revenue to earn it.

lurker5
29/2/2024
08:57
Oh ! -
and 1) look up the promises LC and PK made in the Mast listing document (Read it all please) and notice what it didn't tell you. And compare with what actually happened.
and 2) carefully read all the RNS's spelling out Riverfort's terms and conditions for lending to Kibo and Mast.
Then you will want to scurry away

And one last thing. Have you noticed that Pyebridge ISN''T Mast ? Look at Mast's latest balance sheet (June 2023) and tell us the implications of that, and telll us what you are invested in.

lurker5
29/2/2024
08:48
LC's 'fair value' for Borderley was £15m at one stage. It was written down to nil at last balance sheet. Kindly look up how Mast has calculated its 'fair values' and explain it to us. Then work out what income Mast will get from Pyebridge after Riverfort has taken its cut - which if £4m has to be spent will leave 20% to Mast. Then look up what income Pyebridge actually got when running against the 'forecasts' LC and PK had given, and then look at the performance of other reserve power and energy companies and trusts in the present 'difficult' market conditions. Then you might be qualified to question my figures.
lurker5
29/2/2024
08:34
Lurker why do you post here deliberately misrepresenting facts? Ok no one disputes Louis C' abject failure here and elsewhere or the ludicrous valuation on listing however the Net Asset Value is based on fair value of the Pyebridge value as opposed to historical cost. PLEASE DO YOUR RESEARCH PROPERLY BEFORE POSTING.

lurker5: The rampers can't even read - one saying last April net assets £10m - whereas June interims showed £1.5m - of which most was intangibe 'goodwill' and no use for paying off debts now probably £2.5m. After another year of losses, net assets now will be c £0.5m - ie 1/3rd present spiked market cap. And the £4m they are drooling about won't belong to Mast, only to Pyebridge and will mostly therefore belong to Riverfort who will have provided it. What fools - or knaves - one or the other ?

dpr1881
28/2/2024
18:47
Except the in-house funder has pulled the wool over shareholders Man ! Read all the announcements. Do the sums. Run a Mile.
lurker5
28/2/2024
14:25
The likelihood of pulling the wool over an in-house funder is monumentally reduced when compared to the previous suitors so unbiasedly I'm going to drift to the side of , this is just getting started ... and it's about time April's around the corner
man9315
28/2/2024
13:56
Not overNot at all
atmysignal
28/2/2024
13:51
Dear oh Dear. The Sunday Roast numpties Phil Carroll and Kevin Hornsby to talk Peter after the company announced they have entered into a strategic funding partnership with RiverFort Global Opportunities PCC Limited, securing an initial facility of up to £4 million

"to develop and construct a 300MegaWatt portfolio of flexible power assets. This funding will support MED's existing 30MegaWatt asset portfolio and future acquisitions"

That is a total lie. These numpties should be reported to the FCA for their complete and utterly misleading ramping.

lurker5
28/2/2024
13:46
The egg on their faces was spread there (by Coetzee) on listing in 2021. It has been festering ever since.
lurker5
28/2/2024
13:20
Looks over
beatme1
28/2/2024
12:30
The rampers can't even read - one saying last April net assets £10m - whereas June interims showed £1.5m - of which most was intangibe 'goodwill' and no use for paying off debts now probably £2.5m. After another year of losses, net assets now will be c £0.5m - ie 1/3rd present spiked market cap. And the £4m they are drooling about won't belong to Mast, only to Pyebridge and will mostly therefore belong to Riverfort who will have provided it. What fools - or knaves - one or the other ?
lurker5
28/2/2024
11:19
My take on the Mast deal today

RF getting 80% of Pyebridge for 1.6m.
Which gets invested in Pyebridge to bring it up to operational status.
After that Pyebridge is say worth the 1m per Mwh, ie 9m.

So RF turn their 1.6m in 7.2m within 2
months
Mast who paid 2.5m for Pyebridge are left with stake worth 1.8m

Great deal making by RF and big egg on the face for likes of LC and PK

yaki
28/2/2024
11:11
And another thing ! - With such peanut income if any from Pyebridge, there's no way Mast can pay back any loans within 24 months. So yet another reason for a massive diluting injection from somewhere. Or for Riverfort to take over completely. Either way - no way will the rampers avoid losing.
lurker5
28/2/2024
11:03
spot on

Basically RF got 80% of Pyebridge for 1.6m vs industry standard of c1m per Mwh.

As always, great deal for Riverfort. But who can blame them - great deal for Riverfort owners!

Having said that, Mast was valued sub 1m before hand, so like half of the value Riverfort put on Pyebridge.

lurker528 Feb '24 - 10:44 - 733 of 733
The usual Coetzee slightly obscure language but as far as I can gather " ---Provide a preferential return on all income or capital distributions with 12.5% representing 50% of all distributions with the balance due to the ordinary shares in Pyebridge, such percentage increasing with further investment and transformation into Preference Shares;" means that the first £1m used by Pyebridge will entitle Riverfort to half Pyebridge's revenue - and the next £1m will give it 80% ! Strewth ! From previous anouncements at least £2m will be needed to get Pyebridge up and running, so Mast (and its rampers) can forget any reasonable income from it. Open to being corrected on my interpretation which shows how far Mast's mismanagement has allowed shareholders to be shafted by Riverfort. They of course will keep their salaries ! -LC's priority all along. (and rampers bamboozled meanwhile by smoke and mirrors)
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yaki
28/2/2024
10:44
The usual Coetzee slightly obscure language but as far as I can gather " ---Provide a preferential return on all income or capital distributions with 12.5% representing 50% of all distributions with the balance due to the ordinary shares in Pyebridge, such percentage increasing with further investment and transformation into Preference Shares;" means that the first £1m used by Pyebridge will entitle Riverfort to half Pyebridge's revenue - and the next £1m will give it 80% ! Strewth ! From previous anouncements at least £2m will be needed to get Pyebridge up and running, so Mast (and its rampers) can forget any reasonable income from it. Open to being corrected on my interpretation which shows how far Mast's mismanagement has allowed shareholders to be shafted by Riverfort. They of course will keep their salaries ! -LC's priority all along. (and rampers bamboozled meanwhile by smoke and mirrors)
lurker5
28/2/2024
10:28
" --- MED and RiverFort have agreed on an allocation budget for drawdown funds and will cooperate on restructuring the liabilities of MED and Pyebridge to ensure the on-going viability of the MED Group by reducing short term creditors."
So another of Riverfort's cln's will be the way Mast is diluted ! Just look at the Shylock terms of its last one ! (But the rampers can't read or do the maths, natch)

lurker5
Chat Pages: 51  50  49  48  47  46  45  44  43  42  41  40  Older

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