Added to YB: 2025-09-01
Pitch date: 2025-08-29
MAST.L [neutral]
MAST Energy Developments PLC
-97.09%
current return
Author Info
The Oak Bloke shares analysis of the UK stock market, particularly overlooked small caps. Sign up for the newsletter.
Company Info
MAST Energy Developments PLC engages in the development and production of power generation projects in the United Kingdom.
Market Cap
GBP 18.5M
Pitch Price
GBP 1.65
Price Target
0.05 (-4%)
Dividend
N/A
EV/EBITDA
-34.46
P/E
-8.93
EV/Sales
14.87
Sector
Electric Utilities
Category
N/A
1H25 Mast results
MAST.L sell: Pyebridge site producing only 505hrs/6mo vs 750hr expectation, £190k operating profit (£380k annualized) vs £490k forecast. Despite £157/MWh revenue (2x estimate), 30% gross margin means high fuel costs. After £177k finance costs, just £25k PBT. Shareholders currently owe -0.43p/share until warrants exercise. Trading 160p vs 4.6p NAV = 3,378% premium.
Read full article (3 min)