Mast Energy Developments Share Discussion Threads

[itsmespot1] 04/12/2023 07:18

Reason why they don't ask the tricky questions....because they're given the questions to ask, that's how the interview flows so well....

[lurker5] 01/12/2023 19:01

Sunday Roast are complete numpties. You'r right - they are paid to puff. but they know nothing about share analysis, and when I watch them (its always a good idea to know what even numpties are saying, because it influences the equally numpty lemmings)they never know to ask the quesions a good analyst would. (Not many of those about, because brokers' analysts are also paid to puff and not to be objective) If you look the Roasties up you'll see they have no investment qualifiacations whatsoever. All they do is parrot a conpany's own spin. They're not capable of asking the awkward questions the companies don't include in their spins. They are part of the toxic share chat, unqualified journos, and biassed boards that the Financial Tmes has sometimes outed, but which they and the fCA just don't have thhe time to regulate as they should. Its no accident that 3/4 of AIM investors lose their shirts/

[guitars4stars] 01/12/2023 16:41

Without prejudiceLurker what do you make of these cheesy Sunday Roasted guys.... Do You think they are purely independent & offering insight with regulated advice or simply paid tipsters to possibly gain personally with even say a paid to promote/ promotion agenda from any Co that pays them to promote & promote again & even then again & againSurely not right as that would be just wrong - right?Maybe I'm just naive yet something niggles me about thisWhat might in your experience it cost to be included in any advertorial if such a thing even existed & was even say possible Guessing I'm just wrong but value your views here

[lurker5] 01/12/2023 13:45

Kibo insider selling. Not long ago it sold Mast shares when, as a closely related party, and party to operarations, it will have known Pyebridge is closing down. Yet another example of LC's dodgy behaviour (no doubt desperate too) which I know has been reported in the past to the FCA. In my opinion there is enough evidence from both Kibo and Mast for a knock on their doors from the authorities, and action for damages by shareholders.

[guitars4stars] 01/12/2023 12:50

Gotcha Blimey I hold stock here so wish me well :)

[lurker5] 01/12/2023 12:40

Sorry Twangers. Everything I mean is in everythng I've written. I haven't time to repeat it all. Mast never was viable without much more funding which will dilute shareholders much more than already (even if possible to raise it) and its directors have consistently misled as well as proving their total incompetence. Kibo and Mast are a toxic mix which anyone invests in at their peril. Hope that's clear

[guitars4stars] 01/12/2023 12:11

LurkerI'm struggling to understand your pointAre you not a fan of MAST to summarise & are you saying you are unlikely to invest hereInteresting counter balance if soATB

[lurker5] 01/12/2023 11:03

Oh and by the way. The National Grid has announced that stalled or speculative developers will be forced out of the connection queue. Great news for anyone tempted to back Mast.

[lurker5] 01/12/2023 10:18

Extraordinary grasping of waterlogged straws by the lemmings on the kiddy/lemming thread - as if its not been LC's habit over the years to hold out 'hope' when trying to wriggle out of his latest mess.
They think it'll multi-bag 'because Mast's assets well exceed its market cap'. Don't they read the company's report and accounts ? (Of course they don't. They don't seem to be able to read anything, let alone understand it).
And absolutely damning admission re Pyebridge needing more capex before properly running. That was inference from June balance sheet where amount spent looked far too low.
I suspect Proventure (as I said before) has found that out too late or wasn't told, which is all that is needed to render the 'agreement' null and void and make LC's claim he will get damages instead another of his waterlogged straws aimed at keeping the dimmer lemmings on board while the ship sinks even lower. (Even if he can sue a foreign outfit with no assets anywhere ?)
That admission confirms Pyebridge (along with Bordersley) as the initially dud projejcts Mast seems only capable of finding.
And that other straw ? - another 'institution' to replace Proventure !
HE CANNOT BE SERIOUS ? As if Seira and Proventure weren't his last hope when absolutely no one else in the UK was interested.
If by some miracle some dodgy outfit lends him more, does anyone think it won't be on even more onerous terms to shareholders than those already from Sanderson, Riverfort, and Proventure itself (with its 80m free shares)
Mast is now effectively bust (and Kibo with it). Yet the lemmings will keep rushing blindly towards the cliff edge and the knackers yard below it. Even some on the kiddy board say they have no sympathy for them.

[sirianbotham] 01/12/2023 10:15

You mean keep paying the incompetent gits that got us in this mess.

[ken chung] 01/12/2023 08:22

Down 30%.Keep selling.Lemmings and mushrooms only.

[firestarter1] 01/12/2023 08:01

Dump thisndog

[lurker5] 01/12/2023 07:37

So there you have it !

[tomboyb] 01/12/2023 07:18

Disaster -

MED is in the process of also assessing various short-term funding options in order to ensure that the Company can meet its ongoing working capital requirements

[purple11] 01/12/2023 07:07

quel suprise!

WOT NO CASH?

[guitars4stars] 30/11/2023 17:28

Thanks my elderly friend who we all try support especially in times of need Here for youInvestors:)

[lurker5] 30/11/2023 16:47

Are you still stoned from last night's twanging session Mr T ? current comprehension level seems to say so.

[dpr1881] 27/11/2023 12:10

@Lurker Since you ask!

You made 6 statements belows:

Statement 3 - COMPLETELY UNTRUE

Statement 5 - COMPLETELY UNTRUE




lurker54 Nov '23 - 10:35 - 488 of 528
0 2 0
So Mast's deal is coming and the lemmings are rushing. No-one said the deal wouldn't come. And they said the lemmings would rush. As they have.

It's impossible to predict the end of a lemming rush. You can't know what idiots will do - but Mast's true cliff edge will be when the first financial resu]ts after the 'deal' are published - not until next April revealing the truth - unless someone a bit more intelligent than a lemming actually does the research and the maths, and posts the facts on that toxic and misleading chat board - the one ADVFN doesn't like mentioned.

Too blind to read and understand balance sheets or financial reports (which show Mast desperately needing cash to pay its debts), the lemmings keep rushing. Too thick also to wonder why Kibo would be selling if it thought 'the deal' (supposedly so close) will boost Mast's shares

So, as for the kids at the back of the class who need the facts hammered into their
tiny brains time and again - here they are again.

1) The 'deal' merely pays Mast cash in exchange for the same value of its shares
in the jv's. So there is no net gain in Masts's value.

2) Mast ends up with only 25% of the jv's, whereas it had 100%.

3) What cash it gets now will be swallowed up by its current debts (balance
sheet and latest directors' report show Mast to be insolvent).

4) Mast has to 'repay' that cash by foregoing 60% of its already small remaining
25% jv share until all repaid - which looks like taking at least 3-4 years
starting in perhaps 2 years time and with the industry in dire straits (see below) could be much longer.

5) On top, Mast hasn't even got together all the sites it has promised for the
2nd part of 'the deal' (only 40MW v 50MW) - and after repaying its current debts
from the cash, won't have enough left to pay to acquire them. So it is going to have to find probably a big part of its current market value via a further cash raise that will dilute existing shareholders (including Kibo who knows it is coming) - probably substantially - on top of the 60% dilution already baked in.

6) The jv's net profit will be pretty low in any case, even before dilution reduces earnings per share. Pyebridge, operating for more than a year, is earning less than half what LC predicted. And reports by a large well established group, UK Power Reserve, show the dire state of the industry, with its 42 sites generating 804 MW only making a £5m operating profit last year, on £36.7m revenue (meaning Mast's 10% share of its 50MW jv would be peanuts - not supporting even the current share price.)

[lurker5] 23/11/2023 17:50

Let me know what facts I state are wrong auld chap / young man (tick applicable). Memanwhile 'Keep on Twanging (aka KBO - like me)

[guitars4stars] 23/11/2023 17:21

You factually really are subliminally clueless Lurker & rather noticeably becoming a needy drama queen by the second...No disrespect intended but you mix way too much fiction versus fact that I kinda used to like you forKeep writing anyways & you watching midsummer murders on catch up while sharpening yer pencil tonight for your usual impactful in your mind 8am agenda releaseBest as always

[lurker5] 23/11/2023 08:15

Still very odd. (In fact curiouser and curiouser). If there isn't something going on behind the scenes, there certainly should be. We have a toxic mix. Tangled together Mast and Kibo, each one separately bust without a third party to rescue Mast's projects; and a 'Irish insolvency and restructuring group' taken a stake in Kibo. A third party with
no UK track record and no UK assets (apparently raising funds from indian private investors who can't know Kibo or the UK power sector, and with no track record one can find) hurriedly wheeled in to rescue part of Mast's problem plants - very quickly otherwise the creditors will move in - but with little time to have done thorough due diligence on them or on the Kibo/Mast snakepit.
Now, a few weeks down the line, the smell of a rat will have been been becomng stronger for anyone looking more closely at a history of failed projects and fraudulently valued ones, and a 'pipeline' of projects at the dog-end of the reserve power industry. 'Binding' agreements aren't 'binding' if DD unearths something nasty in the woodshed.

I see posters on the other place still have no idea of the realities of this deal. Some still think the £5.9m is a 'free' addition to Mast when it is merely an exchange. Quite why anyone should think one company would give a free £5.9m to another one is as mysterious a belief as that money grows on trees or that fairies live at the bottom of the garden (although you might say Kibo et al's and fairies' tales are indistinguishable)