Member Info for PuzzledPete

What 300MW pipeline would that be Mr Hay ? Is it promised to Mast ? How many other firms are in the pipeline to buy it ? Why has it remained unbought for the 6 years since Mast and Kibo told us they had it if they're so attractive ? And how do you 'value' an unbought unfunded pipeline . I'm sure you know.

**Invitation: Unpacking the Bi-Directional Relationship of Data Centers and Power – a discussion with Brent Nelson of Ascend Analytics

Date & Time

Mar 10, 2026 03:00 PM

Description

What are the impacts of power on data centers? What are the impacts of data centers and power?

We continue our thematic work on unpacking the data center market, this time centered on the interplay between data centers and power, where we welcome a power expert to help us navigate the complexities on power supply, affordability and how feasible a “B”ring “Y”our “O”wn “P”ower solution is

I suppose Trader Man hasn't wondered why

1) Masts original long established broker resigned a few months ago - with no announcement as is required for any other company.

2) Why Powertree, Close Bros, WH Ireland, Seira Capital, Proventure Holdings, and a few others all disappeared after a 'partnership' with Mast

Why eg the only funder for Bordersley is connected with the parties who sold it to Mast,and why its value was written down to zero a few years ago. I'm sure any court would ask the same questions - among many, many others.

Every single red flag manufactured by red flag manufacturers has been used up flagging all the red flags raised by Mast's performance and its behaviour over the warrants.

A Court would also question Trader Man's grasp of reality and reasoning skills.

I've never seen such a financially illiterate and paranoid complaint as this by Mr Trader Man. He's come up with it before. Why hasn't he already sent it off ? Because any lawyer or accountant will laugh it out of court. Doesn't he know that a company thinks its being traduced on a public forum almost always writes a solicitors warning letter to whoever. Mast won't because it knows what is being revealed is 100% true. I've always said I'd welcome a court hearing - It would reveal to truth Bring it on Mr Trader. Proceedings will reveal you for what you are.

-- Bites the dust. True to form. They usually last 2-4 days. Most reliable trading opp available these days. Thanks to the lemmings. Long may they continue to provide them.

As for Navon, our jocko doesn't understand that there is no JV. Mast has merely offered its 'services' as all business' do. Navon doesn't decide on the power supplier. The eventual client does - after due diligence on contenders. To imagine that a major data centre operator would sign with a near bust house of dog-eared cards with no reliable track record is just a fantasy. As with every single one of all Mast's previous boasts, mooted 'partners' and 'funders' have all mysteriously (not) melted away after taking a shuftie. except for Powertree which hasn't reappeared since it signed up for Hindlip a year ago as part of a 'long term' partnership !

Funny That !

Sorry to dampen you a little bit NickE. But NPV's are no guide whatsoever to what a bidder might pay. See Solgold.

While we're at it Mr Invester, how about finding some of Masts true competitors. ? Should be easy. There are at least 650 of them in the UK. And while you're at it, find us details of their finances - you know, their balance sheets and stuff, financial backers, no of contracts and generating plants. Its all out there . Should be a doddle for an expert invester like you. And like for Mr Zen, we await with bated breath

You've been asked numerous time before Mr Zen - with no coherent answer. Do tell us what 'news' is on the way that answers the questions a sensible investor needs. It certainly would be good news if it is - because there hasn't been any of that sort of news ever since Mast listed nearly five years ago. . We assume you have inside information So We wait. All agog

You show your ignorance every time you post. AFC is nowhere near being a competitor with Mast. Its sad that some others actually recommend your brainless drivel.

A sensible investor in a complicated co like Mast will look at Companies House to see the reality behind it.

eg for Bordersley look at https://find-and-update.company-information.service.gov.uk/company/11894417/filing-history.

For Pyebridge look a the same, replacing 11894417 (its Co House |No,) with Pyebridge's 13499825, and ditto for the others.

Look at the history, particularly the balance sheets and the directors

You'll see the incestuous relatonships between the co and those (P G Thompson, and Bruce D Brown) who sold these two to Coetzee and Krugel. and the only co which will finance Bordersley - other funders Krugel boasted in the past would do so and have melted away being Close Bros Finance (plus another big power industry financier before Close whose name I've forgotten - you'll find it in Mast's 202.2/ 3 etc reports) and Powertree

As for Mr Viper - even if I'd invested in Mast and lost 99.6% of my investement, don't you think I'd be trying to find out why ? - Another lemming who can't read between the lines. Very sad.

Viper. You don't seem to understand that due to Mast's business structure it can never make sufficient profits. It is set up as a holding company for what is a set of 'special purpose vehicles' holding the generating projects , having to be overwhelmingly funded by outsiders - because Mast, the holding company, has never had the funds itself to fund and own them. Anyone knowing how these structures work financially, and using all the information published by Mast can work out that while the necessary very expensive loans are repaid (usually over 8-10 years) the SPV's will have very little surplus to pay to Mast itself. And because PK has run its finances into the ground Mast has got into its current state of near bankruptcy, unable to raise the cash it needs except at ruinous cost to its own shareholders. Even after the July warrants wheeze which has diluted them by a massive 17 times so far and 32 times if the remaining cash warrants are executed (raising not enough to pay its bills and to fund a share in many more plants) it will be struggling. The 2025 accounts will show all this for anyone able to read them -and provided the SPV's Have published t heir own accounts on Companies which they haven't yet had time to do.

Companies Structured like Mast are difficult to understand especially by inexperienced private investors like those who dominate shares in these tiny companies. Its why there are so many delusional rampers and so few who know the reality.

Which is that if its to survive, Mast' shareholders are going to be diluted (many don't even seem to understand what that means) many more times than even they have already. Its why the shares can never recover except for short spikes when the lemmings rush in.

The info is all on here Kyle. You just have to read back, ignoring the rampers.

eg my Jan 13 08:07 (and earlier\ tells all about Hindlip amd what cash it won't deliver to Mast (where you're all invested - not in Hindlip (and the others ) except very remotely with a very small share of them). But the rampers on here - every single one of them unqualified and inexperienced in shares and new on here obviously with no knowledge of Mast''s history and its industry, and unable to spot what PK's RNS's don't tell you, let alone work out the vital numbers from Masts' published info - try again and again to have deleted the few posters who are qualified, and have consistently and correctly warned that all Mast's boasts are hot air and will take it nowhere and its shareholders to oblivion. Its the same level of boasts Mast made even before its April 2021 listing, and the shares since then are down by a staggering 99.6% since their float at the equivalent of 600p. I warned about Mast and its empty boasts at the time and ever since, and others on here (including qualified accountants) have done the same more recently. Yet a bunch of unqualified newly arrived rampers here who understand nothing about the company or its industry try to drown out those warnings in an obvious, despicable, attempt to profit from the ignorant who might be tempted in by their copying of unsupported ramping from somewhere we haven't been told where. Beware has been the correct advice for the last nearly five years.

What a stupendously ignorant mo-on you are jocko. You have learned nothing. Mast has over 650 competitors in its market - all bigger with strong backing. That market (total peakers) accounts for less than 5% of total UK output. Mast at present probably has les s than 1% even of that. But of course you're incapable of working out what that will represent of the whole. Mast has no money to build any more. Outside funders will take over 80% of whatever Masts plants will earn. ie BIG dilution at the profit generating level. Its a lie to say its method is non-diluting for shareholders. It just occurs earlier than at the point where any profit flows to theml. But of course you won't understand that. Definition of a lemming is that it stampedes without looking, knowing, or caring where its going. And it doesn't know there are giant elephant traps all around.

I see our Jockprofitmaster thinks we are entirely to blame for the fall from £2.00 whole pounds all the way down to 2p. I didn't realise what amazing power we had to destroy a share price. Think I'll try it on a few more.

No institution has ever, or ever would, hold shares in this house of cards. Full Stop.

This is pathetic. Todays announcement adds absolutely nothing to what PK has announced before, including of the new 7MW site. It can only be the lemmings who have only recently arrived and have done no research who can think its progress. There is still nothing of the information investors need - ie the costs, where funding is coming from, what its terms will be. An informed guess is it will have to be the same as has been announced for Hindlip - where I've shown in detail based on Mast's own figures, there will be nothing left over after repaying the loans for at least 8 years for parent co Mast to cover is own costs and fill its black balance sheet hole.

Re the balance sheet - for the benefit of Share-Trader, he doesn't know that all these plants are 'off balance sheet, including their borrowings. Already Hindlip, and Pyebridge have off-balance sheet borrowings amounting to about £6.5 million. Bordersley will add maybe another £1-2 million. The 7MW site will be similar to Hindlip - all adding up to over £10 million. That compares with parent Mast's own balance sheet, which based on the detailed half-year one published August, and warrant proceeds subsequently and Masts own overheads, I estimate will show only around £2 million net assets (down from my £4million estimate a few weeks ago) but a cash deficit of approaching £ 4 million.

No competent company would sign a deal with a company with such shaky finances. PK can boast what he likes. But none of his others have come to pass except at ruinous cost to shareholders. That has no chance of changing.

So for Share-Trader, Peter Cooke would say "Go Away. Do some Research Don't Come back"

Dear oh Dear ! So its £3.5m to spend on Bordersley . How much is going to be the loan ? And how much of the shares is PBS going to take ? And looking back, Mast has already spent (from accounts published so far) some £5 million including initial $2.4million acquisition paid to Krugel and Venter who 'found' this gem. a big write down because it turned out to be junk, and £2.4million promised to be spent from the pre-paid warrants. As ever smoke and mirrors to cover up appalling incompetence; still banging on about 'revenue' without mentioning that 'profit' is less than 30%, that it goes to the SPV to cover loan repayments, and that PBS will take most of the remainder (thats what we're waiting to hear)

As for that 7MW site ? If same sort of funding as Hindlip , like Hindllip Mast will get peanuts while the loan is repaid over 8 years.

But I expect we'll get another lemming spike for a few days.

What high value would that be Zen ? Market value is about £4.3million - about the same as net assets. But liquid assets are probably less than zero - ie Mast owes more than it can pay. So market cap (and share price) is probably still too high.

Amusing that the word 'co---k' is always changed by the board blockleiter to ****. What delicate schoolgirls it thinks we must be.

and also acf isn't a 'broker'.

it is now bust. it isn't authorised to peddle investment advice. it has been used previously by pk and his associates to try to puff two other dodgy companies, whose shares always ended up (when reality struck) below their price even before acf's puff. any infant could spot the incompetent, fraudulent, many fake method used by acf to 'predict' fantasy share prices. one could go on. just one of pk's dodgy tactics was to pay for this junk to be used in the fake marketing behind the warrants scam, which only worked (although went off half-**** in the event) if warrant holders were convinced mast deserved a much higher price. the fca has done nothing about this obvious ' fraudulent inducement to invest' . but it would be possible for investors who have lost out to club together to prosecute the company, although there'd be no funds to pay compensation. at the least however it could put you-know-who behind bars.