Member Info for PuzzledPete

This board isn't to enable the co to puff its own shares Mr JT71. Its for anyone to post his own opinion - especially if he' a a professional who can spot flaws in what the co is saying. So kindly don't threaten such posters. Its you who are misleading, by obviously failing to understand why the shares have tanked.

this ****** thinks only a short can bring a share down fourfold. thats on top of the fact that no broker has ever offer a short in mast.

Mast never tells you. Guess why.

Mast is not on the 'main market' as understood. Its on the 'equity shares transition' segment, which is a 'parking space' for shares from the closing 'Standard' segment which was far less regulated than even AIM, pending the LSE deciding which segment it should be on. That means it has never had a nomad who would have forced it to be more transparent than it has been. After these shenanigans its quite likely LSE won't allow in onto any reputable platform

They know perfectly well the reason for the drop. They've been rumbled.

This (and MetalsOne) should have been suspended weeks (and probably months) ago, and still could be if the fca gets around to it

So what does a MM do (in this case Winterflood who took 10% of Mast's pre-consolidation shares for trading) when he discovers that the co has been manipulating the shares upward to a totally unsustainable price, which is being rumbled by more and more investors. He has a problem doesn't he - where self-identified idiots like Mr Trader or whoever can't predict how he's going to play the downward pressure. Let alone understand the shares' fundamental value - which the MM will eventually work out for himself.

£150m cash flow in next three years ? You're deluded. Where from ? The Generators are in 'special purpose vehicles' which because Mast hasn't had the cash to fund them are and will be majority owned by eg Riverfort and Powertree. That means no income comes to Mast except the small share of 'profit' (not income) it might have 'bought' in the SPV's. You really must research Mast's company structure. You are invested in MAST, and only very indirectly in a small share of the generators. PH has never made that clear - deliberately to bamboozle people like you.

Thats on top of the question - how many generators in the next three years ? Mast hasn't got any money to invest in any at all.

You don't seem to understand. Mast is a tiny player where there are many bigger, better funded, more experienced with track records which eclipse Masts' pathetic achievements. Those AI's who want power won't be dealing just with Mast. Any that do will want to see Mast properly funded and managed - of which there is no sign. It has no money even to put in the tiny contribution it will have to if it wants any, tiny, share of the results. Even with the pre-paids and half tjhe cash warrants, it will still be insolvent with only peanuts to come from the three-four plants likely to be running next year. To survive its got to issue even more shares than the warrants, which means shareholders will have less that the 2% of what they were expecting in January. Trouble is there is no credible broker research to set out the true numbers. Any credible broker won't touch Mast, so it has resorted to the charlatan ACF whose previous puffs for Mast, Kibo, and Eurasia Mining all crashed and burned.

Don't get your logic. There are still mega numbers of warrants in train, and desperately needed by PK to be cashed and can be sold immediately. More and more punters realising that, and will be wary of chasing the shares as they used to do

No he won't. He'll flee the FCA rozzers. Back to Seth Efrica or Ireland like his mentor.

His head would have been too big. And because it was empty, would have risked an explosion.

Don't expect some on here to understand that David ! You have only to see reece below. Despite 15 years posting he still can' t understand numbers or a share prospectus. Add to that the fake recommendations being posted on fake web sites (still apparently continuing) then you can understand why some lemmings are still buying (unless deliberate company stooges pumping for the benefit of warrant holders' profits)

I couldn't post what you remind me of Mr Cando66.

The bell is tolling for your funeral Mr Cando66. Not mine

So here's part of the explanation.

I see this outfit's puff - "Why Savvy Investors Are Flocking to This British AI Energy Stock For Huge Profits" is still being highlighted on Masts's page on LSE's own site. It is one of those Mast itself said should be ignored (along with MorningHerald) as fake press sites, and confirmed as such more than a month ago. Why is it here ???

I'm sure the FCA will want to know. They'll certainly be told.

So here it is. Ignore at your peril. And understand how little Hindlip (and any follow-ons) will contribute to each share, and the tiny share price they will justify.

“The Company announces that it has made an application to the Financial Conduct Authority ("FCA") and the London Stock Exchange for the block listing (the "Block Listing") of a total of 245,200,000 ordinary shares relating to Ordinary Shares to be issued from time to time pursuant to the exercise of Cash Warrants issued pursuant to the Equity Fundraise announced on 11 July 2025”.

When 245m shares are in issue, that will mean Mast assumes the first 125m tranche of cash warrants will have raised £5m, on top of the £2.6m from the pre-paids. The end June balance sheet showed a net liability of £1.7m, meaning on 245m shares net assets (before the further 2nd half loss) will be £5.9 million (and with most of that being fixed plant it will have practically no cash towards any more plants). That means net assets per share of 2.4 pence.

No share can ever deserve a share price 20 times its net assets unless punters are hoping it will find a Hopi diamond worth £billions. I don't think Mast has a site that would deliver that.

Mast will be earning very little from its fingers in its generating plants. Hindlip is 75% owned by Powertree. Acc to Med its 'reputable and appropriately accredited consulting firm, EnAppSys' predicts less than £1m per annum profit for Hindlip, leaving Mast with only £250,000 pa before 30% tax. Even if Hindlip gets additional capacity market income like Pyebridge that would only add around few £100,000's to its share – producing total annual earnings per Mast share of 0.1 pence per share. Together with Pyebridge, Stather, and Bordersley (more capex needed for them) Mast might clock up 0.5 pence per share annual earnings.

If you assume all the other 'deals' it has announced come to fruition. (None of its other big deals have, because it hasn't told you there are big competitors out there 200 times bigger than Mast) it hasn't got any cash to contribute to their cost aanyway. If it wants a profit share its going to have to put up at least £2million per MW. To get that will mean many more shares will have to be added to the 450 million, meaning even lower earnings per share.

That's why the only accountant ever to post on these boards has said Mast is uninvestable. It doesn't have a viable business model. I have been saying the same to my own readership ever since it listed in 2021. Quite why the shares have been magicked up to a current 50p and a potential market cap of over £120 million just on the warrants expected by Mast is a mystery I'm sure the FCA will be looking at. The only explanation is gross market manipulation.

 

The Block Listing application

At end June Mast was technically bust - owing a net £2.7m. To get even it needed the £2.6m from the125m pre-paid warrants, of which most apparently haven't been issued yet although the cash will have been received. With another £1m or so loss expected in 2H, it will need to sell at least another 25m of the cash warrants, which will be issued and announced and added to TVR, so by then there will be at least 160m shares in or potentially in issue. And Mast will still be nearly insolvent. It's obvious PK is desperately trying to obscure that (meaning true assets per share only 1.1p – I repeat only 1.1pence per share) and keeping the share artificially and grotesquely overpriced with bogus 'research and press plants by the Canadian PR firm Mast has paid a fantastic £2 million to, helped by the stupendously ignorant Sunday Roast drivel. PK won't be able to keep up the pretence for ever, and who it is are still paying 40-50 times Mast's true value is a mystery. As for raising another £9m from the cash warrants, even paying what looked like a bargain 4 pence will look stupid.

We'd rather believe the twerps at Sunday Roast !

Nothing !