The latest Investing Matters Podcast episode featuring financial educator and author Jared Dillian has been released. Listen here.
London South East prides itself on its community spirit, and in order to keep the chat section problem free, we ask all members to follow these simple rules. In these rules, we refer to ourselves as "we", "us", "our". The user of the website is referred to as "you" and "your".
By posting on our share chat boards you are agreeing to the following:
The IP address of all posts is recorded to aid in enforcing these conditions. As a user you agree to any information you have entered being stored in a database. You agree that we have the right to remove, edit, move or close any topic or board at any time should we see fit. You agree that we have the right to remove any post without notice. You agree that we have the right to suspend your account without notice.
Please note some users may not behave properly and may post content that is misleading, untrue or offensive.
It is not possible for us to fully monitor all content all of the time but where we have actually received notice of any content that is potentially misleading, untrue, offensive, unlawful, infringes third party rights or is potentially in breach of these terms and conditions, then we will review such content, decide whether to remove it from this website and act accordingly.
Premium Members are members that have a premium subscription with London South East. You can subscribe here.
London South East does not endorse such members, and posts should not be construed as advice and represent the opinions of the authors, not those of London South East Ltd, or its affiliates.
It’s great to see MAST informing the market at each step of its redevelopment.
“ In addition to the current CM Contract, as previously announced MED's Pyebridge site has secured further Capacity Market contracts to ensure minimum annual gross profit margin income totaling c. £817,000 until 2028. The Pyebridge site's Capacity Market contracts' gross profit margin income payments are in addition to its electricity generation trading revenue via its PPA with Statkraft.”
MC currently 1million, most undervalued stock in the market.
4 more assets to be developed, much more to come
Keep it up.
Things going along nicely. Another solid update.
This share is starting to look very under valued indeed.
RNS - All looks good and good to see a business update .
Longer term prospects may be good if they can deliver to a reasonable time frame. The key here is that the speed of delivery and revenue generation needs to be ahead of the loan commitments, in order to be able to afford the interest and eventual capital repayments.
One could argue that on what we know to date they appear undervalued at present, based on an £8M net asset value, before taking into account the £4M loan from Riverfort. This market, however, seems to prefer a valuation based on revenue as net assets depreciate if there is no revenue to cover expenses. This is the current problem, and probably why there is little interest at present. There is not enough information on the timing and level of expected revenue, and when this will cover costs.
We have been told that to get Pyebridge into full revenue generation will take 18 to 24 weeks (6 to 8 weeks per machine). What we don't know is what else they are doing/planning. As far as I can find, a Jenbacher J620 GS-E (3 installed at Pyebridge) costs less than £1M new. Someone on here may have better information. If this is the case then it shouldn't take anything like this amount to get the existing machines back into full operation. What do they intend to do, specifically, with the remainder of the £4M loan. From the RNS of Feb 28th : "further development of MED's other existing sites and additional sites in the future" doesn't really excite the market as it's too general.
In order for much interest to be generated we need a plan with some milestones. In this market no news means no interest, no buying, and the price stays at this level.
Kibo have finished selling, Mast’s m.c fallen to around 1million. Funding for Hindlip, Rochdale, Bordesley and Stather lane is just around the corner. On announcement of this news s.p is expected to treble or more from its current level. Works at pye bridge ahead of schedule , maybe just maybe the corner has been turned..
Much upside to come.
Is just here to pay kibo loan off riverfort plc ..83m shares a month until all gone ...
Exactly Tombi, they know Mast is there most valuable asset. They know that when further financing is announced and more plants are commercialised that th he sp will be many multiples of its current level. They are simply paying there bills.
Good things to come.
I was hoping they had sold more , but it seems they are only selling the minimum they need to , hopefully they know better things ahead gla
Kibo still at over 83M shares.
https://www.investegate.co.uk/announcement/rns/mast-energy-developments--mast/holding-s-in-company-tr-1/8152589
🚀Load up time is upon us!
Magnanus I’m invested, but for you to day that last Friday was great I find that statement very baffling!
That's the prob achievement since ipo = zero.
Actually- zero as market cap of a few quid and a loan to repay.
No probs for the directors though, noses and troughs come to mind.
So you a new troll or sold Pidster, or just frustrated? which one. :)
Please state.
Be glad is low and you have chance to buy low as opposed to IPO of 6+ with the same business asset base.
more low and even better for some :), not so for you. Wondering why...?
Great end to the week ???? Where !!! It’s been going down since the April 11th spike and flat today ! Are you seeing something I’m not ???
You can sell all you like, the system will take them off you - like taking candy of a child.
Great end to the week.
Well done if you been catching them since last Thursday
Next pay check goes in here.
Can't buy size, so have to buy in slowly.
Good to see quite board again, after traders sellers sold out for greener pastures.
Business takes time, buying and selling is easy and a fools came overall.
have great w/e.
No war which is the reason some might sold, or held back to get some on the bid, Like the royal we.
Lol. u guys :-)
They’re considering another JV similar to PA, and a couple of commercials with longer repayment terms, that’s if for now
Or did they, peeps predicted 2p by end week. I predicted mid 3s, looks like the loser, waste of space, go get a life will be nearer .
Will load up again at low 3s and rinse and repeat.
Do what the directors do rape it for all its worth.
Not a investment just a play.
Biggest problem here is. Without a specified or indicated time scale on the proposed re financing options for the other plants, we could wait many months without any news at all. Pyebridge is now undergoing engine works noted to last around 3-4 months.
Nothing to look forward to in the short term. People will just jump and wait for the next release and miss out only on the initial jump maybe 10-20%.
I think Kibo are still selling, not sure if they have to inform market until they’d reached there target..
EGTP,
Still holding as I see this as a longer term investment. Nothing to talk about yet, as no news and waiting for further progress. I suspect all the short term traders have gone.
Whatever is or isn’t going on - mms will take up to 3 million off me open market at 0.37 - but won’t sell me anymore than 7k worth at 0.42
Everyone sold out - only me left ? 🤩
David I do think mast basically did say they were going to start straigh5 away by the time frame it was expected to start generating revenue
lift MED's Pyebridge 9MW flexible power generation asset (the 'Site') out of care and maintenance (see RNS dated 1 December 2023), by initiating first phase of the overhaul work programme of the Site's reciprocal generation engines in order to recommence production and trading revenue generation during April 2024.
Cocoshunter,
Unless MAST change their communication strategy we are unlikely to get an update on the second phase of the work programme any time soon. They didn't notify the market when they started the initial work, only when it was completed. They have already stated what they are planning in the last RNS, and from what they have stated so far the first of the generators will take 6-8 weeks.
If they are to progress as we all want, the next news should be about the financing of the remaining sites.