Member Info for savs1907

Elvis - personally I’d avoid like the plague until it’s dropped to its true current value based on the latest accounts. The warrants convert at 4p - why pay 20p now for something that could convert at 4p. Put a quid into Mast and it could be worth substantially less fairly soon - keep it in the bank and you may get 4% - that’s still a positive. Not giving advice - simply expressing an opinion based on detailed research of this company. Pay no attention to those that suggest this has huge potential without ever providing factual evidence in support. Their sole reason for doing so is to try and suck in those less experienced investors in the hope that if enough fall for their scam, the price will rise, so they can sell.

And another point MAID - it’s a fact - yep - that’s right a real fact, the warrants convert at 4p. Their true conversion price based on the consolidation should have been £1.60. How on earth can you have faith in a Board that could get that so wrong? That’s on top of all of the other negatives associated with this dog. Be on the BB bright and early - 1 hour ahead of you!

MAID - dear boy - can you read a balance sheet? If so, you’ll see the debt carried by the company. £15m war chest - another of your fantasies - you wish! I’ll try and keep this simple for you given your very limited intelligence- its loss making, has been since incorporation, still is and burning through its cash very rapidly. Avoid at all costs! Distrust su noche mi amigo!

Spot on Pete. What Maid and James purposely ignore is the fact that this company is heavily loss making, has an insolvent balance sheet if you knock out the share premium account, and has never produced a costed plan to stem the loss making activity. Everything posted by Maid and James is simply their "wish list", given that they are so far underwater on their investments in this dog!

MAID - one final point seeing as it’s the weekend- I’ve only just noticed that Mast is top of the leader board today - to be absolutely clear - that’s top of the day’s biggest fallers! Nothing new there - just following its continual downward trend over the past few months.

And the reasons why - it’s consistent loss making, cash burn and the elephant in the room - millions of warrants that can and will convert at 4p.

Off now for a few well earned cervezas- hasta Lunes!

Absolutely right MAID - “it won’t be down here long”. It’ll be even lower next week - you know the warrants are coming for conversion. And what on earth is “slippery Friday”? Is that a new investment term you’ve just invented to plaster over yet another disastrous day for this dog of a company. Disfruta la fin de semana, mi amigo!

Just remembered its Friday - isn't that when the desperate say something like " I wouldn't want to be out of this over the weekend"? Well, my take on that is that " I wouldn't want to be in this over the weekend"!!

Joking aside - you only need look at the evidence -just read the last accounts, factor in the 4p warrant debacle, the steady declining SP following consolidation, albeit after a brief spike so that warrant holders who had converted could sell out, and you'll see that this is defiantly not the best share around. Wait till it hits 4-8p then maybe there will be a slight bounce to 15-20p purely on short term day trader buying, then it'll be back on its downward trajectory.

Just hit 21.50p - all time low in the last three months.

Yep - 4p warrants. Someone really messed up on the consolidation to allow the warrants to be granted at that price. Not sure it'll go to 2p, but may well drift all the way down to the conversion price of 4p - maybe as soon as next week.

A sure sign that the MMs are getting nervous about when and how many 4p warrants will convert. They are more than happy off loading at these prices knowing that there will be a significant number of new shares to be dumped after conversion.

Sub 20p seems to be the conclusion of those who have researched the company in detail, rather than those who simply spout “£1” because that’s the minimum price they need to break even.

At the sound of being boring, it’s a substantial loss making company burning through its cash at an alarming rate. The information is in the company’s own accounts.

Oh dear MAID/Harry Haven - how low can this go? I’ll answer that for you, seeing as you are incapable of stringing more than a few words together that the rest of us can understand. 4p is the likely answer- same price as the warrant conversion price. Company will get a few bob from the conversions, but that is so desperately needed given the ongoing substantial trading losses and cash burn.

MXD - totally agree. Expecting more warrants to convert at 4p before the SP crashes further. The more that convert, the lower the SP will go, given that the prime reason to convert is to sell.

Buenos Dias Maid aka Harry Haven from ADVFN.

Not a lot to comment on today apart from the fact that I notice that the SP is on a downward trajectory. Not surprising given the continuing losses and consequent cash burn.

Maid - or should I refer to you as Harry Haven from ADVFN?

What on earth has that copy and paste article got to do with this dog?? You really are very desperate and very sad!

I note you comment that the SP rose 6% today- that must have added around £6 to your portfolio- well done old chap.

I’ll see you on the BB in the morning- again, it’ll be from poolside!

Maid - again dear boy, you are so wrong. My post never gave advice- it simply expressed an opinion. You do really struggle with the English language old chap.

Just downing a nice cold San Miguel. Enjoy your evening and don’t let your dwindling portfolio keep you awake!

MAID - Rather than say "the recovery to 34p today was significant", you would have been better saying "the recovery to 34p was short-lived"!! It closed at 27.25 - that's a rather large 19% down from 34p!!

MAID - your grammar dear boy is appalling. Its difficult to understand the points that you are trying to make with such poor spelling, poor punctuation and split infinitives. I'll simply focus on the key issue in simple terms that even you can understand. The company is loss making, the balance sheet is supported only by the share premium account, losses are continuing and cash is rapidly being eroded. Put all that together and you'll be lucky to get the 4p that the warrants can convert at. Have a pleasant evening old chap!

MXD - I'd say not very good for his 45p - maybe move the decimal point one place to the left - 4.5p more likely!

Current order book shows buy orders for 147k shares at average of 7.3k with orders for sells at 256k at an average of 15.1k. Tells you all you need to know - more selling than buying,