EXCELLENT

Directors buying shares - leap of faith or good times ahead?

Nice to see the directors actually buying their shares at retail price. Could well have given themselves cozy option packages at 0.5p, like the Yoo directors did at their last placement. Nice gesture. This company will do well this year.

Yeh its a reassurring feeling. Still, 1.5 mil shares is only around 10K.

Point is Chad is that they could have given themselves a few mill at 0.5p and all be nicely in paper profit without any outlay. A case of the board showing principle and example to its workforce and shareholder base. Maybe all the guy could afford.

The company seems to be a good egg all round. Interesting article in last weeks Shares magazine that talked about company's that are good at updating the market and those that aren't, and MOI was the model company in that respect.

Anyone know how big the contract win was today?

Nice amount of buying for this one today, including one 1 million buy. Surprised they havnt marked the price up.

Have read some really good stuff about this one over the last few months. Apparently one of the bosses took a large stake on January 11th. It seems to have gone nowhere over the last few months. Any views?

Should see some movement in the run up to the year end on 31 March, which should be positive after the recent restructuring of the company. Think this is one of those one's thats been unfairly neglected by the market taking into account the recent director dealing, contract wins etc, and therefore undervalued. Some positive sustained newsflow could generate some sizy movement IMHO.
Cheers.

I share your views. Don't understand with all the Saudi's are doing, and some 20 new exploration companies floating on AIM why this share hasn't risen. It fell with the hostage taking in Iraq last year and didn't come back after. The Director knows the middle east very well (well connected since 1966 I think), and they are targetting some 20m of orders this year (bit ambitious given only 7m last year...), however with the Nexen petroleum deal this 20m does look possible, and with the Saudi's positively inviting foreign firms in, the company will have to do badly not to pick up some of these deals. They have a great product set. I bought in at 1.43 and am more than happy to hang on having bought more last week. Do your own research though. I've noticed a few above average volume days recently so maybe new interest...??? ...talking of exploration comapnies/miners Regency Mines launched today on Aim and are well up on the day (RGM).
Best wishes.

Been blue the last few days ..lets hope it continues through to March

& again its a blue early morning start....

Some decent volume today. Also nice article in Shares mag from Fund Manager Simon Like, who says he's bought the shares for his fund in the past 6 months and believes that 'the shares have a lot further to go'.

More than twice average volume. No. of trades usually ranges about 5-8 but today 21! Something's happening. What's harder to understand is the sells. In my view, either people are losing patience, OR the large hedge fund who bought all the additional shares issued late last year is decreasing their exposure somewhat. Good bit of news from Simon. One thought: if we assume conservatively the Director
Mr Woods, is only half right i.e. he hits a profit target of 10m not the 20m he mentioned and (being really pessimistic note!) there are no more deals this year, then wouldn't this give the shares a value of 2-3p or so...?? I'm more optimistic than this though - I share the view these will rocket - just a matter of when in my view. Someone's got to be servicing all the old oil wells, not to mention the new ones being built for all the exploration companies. Also, having bought Ansell Jones last year the company is not just dependant on Marine drilling,
Anyone out there up on how other companies in the same area are doing? Only one I know is Abbott?

Decided its time to start accumulating. March results should be very good.

Another relatively busy buying start for MOI with 4 trades by about 8.15.
Presumably the mining boom is supporting this one & thanks for the information chad & roots...

March results anticpation probably a lift for this one too.
Any other news would be interesting?

Guys - I'm not quite sure that I'm understanding this correctly. This BB keeps talking about the sp rising (i.e. "in the blue") and general movement all-round but as far as I can make out it has not moved out of the 0.73-0.75p range for weeks. What am I missing?

Point taken queen1 - agreed limited sp movement but apparent higher buying activity over last few weeks. More buys than sells recemtly & apparent trend of larger buys early in day. To be fair yesterday ended up with more sells overall.

Got a hunch on this one, but struggling for information which makes me wary of jumping in. As you put it, it seems a good egg...but I don't want it on my face!

g64946
MOI is in the oil services sector, not mining. It has recently completed a restructuring of the company. Scan the company's press releases and the BB's for more info. A dealers tip for 2005.

All buys, nice. Got to be some movement some time soon.

Yes - looks extremely good. Excellent technical chart on ADVFN's bulletion board & some very bullish comments to0 which confirm the action . Added 180k today (very reluctant sell of some Stanelco!!!). For info, see Reuter's recent MOI reports.

...above average volume again and it's only 1.45pm. Where are the bears today?

...and where is the sp movement?

bid price up to 0.72p. Would have expected more tho with the 4 million volume, all buys.

I agree they are a bit slow. Probably long lunch!!
The sp movement happened at 2:02:35. The bid went up just a little from 0.70 to 0.72. At which point we saw our first bear stepping up to sell off 1.5m at 0.76.
But that's not all... since then we've had 4 buys totalling 475k & 1 sell of 100k. It's not even 2:30pm and 23 trades in total have now gone through. This is NOT typical activity for this company. We now have twice average daily volume.
As with all AIM companies, it's wise to be objective though...
Cheers

I agree rootsconsulting. At least theres the beginning of a surge in interest in this share though. Up until recently there has been a dearth of published material about the company, but ive seen around 3 articles in the past week or so.

At last the blue purchases have a little impact on the price 0.75/0.8 now....
Must have been my earlier purchase thats helped it start rolling....my timing looks right for the day, but lets hope for the future too!

Hurray, at last those idiots at the exchange have put there finger out.

Is 0.75/0.85 - good enough? I use a broker who's very good with price (usually/regularly inside the yellow strip price). Earlier today when I bought I got in at 0.78 when the market price was 0.80. The offer is now at 0.85 and they won't better it. How much movement do we need for the sp movement to be significant? Please advise as I'm no expert on these matters.
Have a good weekend. Next week will be interesting!!

I jumped on board this morning after reading the article in 'Shares' and then doing a bit of research. My broker took about 20 mins to fill the order but finally managed to fill the order at 0.79 instead of 0.8. Sounds like this company has a promising future, and once it gets fully recognised the sp should really move.

All aboard & fingers crossed then guys!
Lets hope the management are as good as they say.

Im as dubious as you rootconsulting about how the pricing mechanism works, but what i do know is that a lot of it is up to the MM's discretion. However, trades today, even though higher volume than usual, only add up to around 40,000+, which isnt that really much, on a market cap of 8 million + somewhere around 0.5% traded, Im not v. good with maths so this may be a bit out, please correct me if im wrong. Im happy to see movement though, however small. Next week, like you say should be interesting.

Be encouraged by the fundamentals, plus the following technical analysis:

http://www.britishbulls.com/StockPage.asp?CompanyTicker=MOI&MarketTicker=RESOURCES&Typ=S

Expect another tick up today. All buys so far.

Morning everyone!
I guess we're all more than happy with our MOI positions?
Anyone read P16 (particularly column 6) of 'The Business' this weekend?
Just a sniff of a contract - that's all we need. Thing is - there's so much business out there (Saudi) that MOI don't even really need to win a tender. Just picking up the phone and offering what they have should be enough - and they're already heavily active in the region so no great shakes in getting kit etc out there. It's not even 9am! and we're already ABOVE AVERAGE VOLUME for 4th day running - 20 trades. Think we can call this share active now?
Thanks for the tech analysis, Iturama. Much appreciated.

Definately rootconsulting. This is where the fun begins.

Just leaving aside the Saudi thing for a moment... listened to very interesting broadcast presentation on Nexen's plans for the future, and of course we know MOI already has a contract with them on the Buzzard oilfield just off the UK...so even without additional contracts, Nexen's plans alone could potentially give MOS more than enough work to do. Is the existing contract & potential follow-on work built into the share price yet? I'd say not yet.

Good volume once again. The buyers in control.

Will tick up again very shortly.

Looks like it. Someones' happy to dump 2m though - bit odd with 52 buys & >5x av vol.

Their loss.

Might top up while theyre still cheap.

Set up for another blue day today. Expect 1p anytime soon.

Very tight spread. Few minutes ago I could get 0.89p on the bid, 0.90 on the offer. Topped up again.

Indeed - we have also seen up 5% this morning & this is the tightest spread I have seen on this stock for a long time. Good growth for the last week now.

topped up at 0.94.

Will tick up to 1p on the offer very shortly. All MM's active.

This one could have a really long way to go now the market has picked up on it. It was ignored by the market leaving it undervalued anyway, and the contract wins saw no sp movement making it further undervalued. Lets see how far the momentum can take us.

Iturama. Situation here reminds me very much of WHOG. Hope the returns are as good. Thanks for bringing this one to my attention.

Virtually all buys.

Chad.
When we get a trading update, this will really motor. Still a lot of life in Whog also. Tgtl is gearing up for a series of press releases that will drive the tgtl price to record levels.

Are you expecting any trading updates soon?

31 March results 'likely' to contain good news... plus we should get update on Nexen Petroleum Buzzard project.

Certainly seeing abnormal trading on this over the last week relative to previous months with buys exceeding sells. Over 20m shares traded today so far...

All buys so far this morning.

Good volume again & buys exceeding sells by about 3 to 1, but a small down on sp - why is that?

Hopeing that MOI will get featured again in shares magazine tomorrow, they need to write a more substantial article than the two lines last week! Once people recognise the value in this company the share price is bound to take off. IMHO

No lines at all this week in the Shares mag paul!
Nevermind - still good trading vols with buys at 6 times sells. continues upward sp movement......next week for your article maybe....

lets hope so!!

Once again buys easily ounumbering sells.

been watching these for a few months . feel its right to buy now before the results. might never be this cheap again.

here's hoping bosley...

Steady buying pressure. Should be up a touch again today.

Seen bits & pieces on this one and SEO pal Bosley mentioned these the other day.
Can anyone advise upsides/downsides of this company?
thanks

Just keeping it on the bb radar, seems to have little cash available at last results. What is status now, is this one worth a few quid?

why not...im in from a couple of weeks ago..waiting for the hopefully good results...and updates on contracts.

andysmith - I'm just in too. Rationale: quality niche products, in a booming sector. Solid management who appear to treat shareholders and the market well. Add to that an extremely low price which if it took off could baloon my investment. Some "ifs" but then show me a share that hasn't.

andys, i think its worth a small dabble. ive bought now rather than after the results as i think there will be lots of positive statements in the results. add to that good flow of news and some promising future deals, good management and heavy involvement in the oil industry it seems a reasonable buy.

When are the results due? Interims would suggest year end is March 31st, if so results shouldn't be until end April?

Well folks, took the plunge at 0.89p this afternoon. Here's hoping!!

Good luck andysmith

Each year I have room in my portfolio for a real risky cheap stock with decent recovery potential. Last year was SEO with me ruling out HCEG and MOI. I feel I got that right!! HCEG has motored on recently and is too pricy right now, MOI is an even lower price than last year but with even better prospects, worth a punt. In some ways MOI mirrors SEO in that they have adapted their business to the needs of todays markets. Good Luck to all in MOI.

...& as they always say - it is best to get in on a recovery stock once it has started to rise away from the lows. Ok you could have made more by getting in at the absolute botoom, but then you run the risk of catching the knife.
Seems a good time to buy..

and you know what they say.... errant knives and falling wives, let them go :)

We should hopefully see some action over the next two weeks with the run-up to the year end on the 31st.

hoping so, chad

andys ? was that your 20 000 000 sell this morning? if it wasnt , who's was it?

20,000,000 !! If only!!

who is wendy larkin?


MOS was advised today that following some recent sales of ordinary shares, Wendy
Larkin is now interested in 36,150,000 representing 3.55% of the Company's share capital

Don't know, suppose depends how much she sold, at what profit and why.
Let's hope its to take some profit before end of tax year 04/05 because she will make so much next year!!!

Well, so much for the sp surge in the run up to the results. It's more like an asthmatic turtle sliding down a gently sloping incline...

Indeed - after the little bounce at the end of Feb it does seem to have gone back into hibernation!

The restructuring all seems to have been put in place at the backend of last year & the order book was supposed to be strong, so hopefully the results will reflect these noises. Sales of 10m were mentioned for y/e 31/3/05, so time will tell...

Any idea of the date for results?

31st March- Year End.

Ticked up a little today at last, 3% or so

shouldnt be long now til this one gets motoring.

finally , something! good volume and a bit of blue to boot! if year end is 31 march, then i'm guessing results will be .....june??

Shouldn't we be getting some newsflow on these sometime soon?

Can anyone confirm the sp of MOI...my screen is showing 0.0063 down 25% with 100,000,000 shares traded...hopefully my screen is wrong???? but the bid is still .78 and ask is .90? any clues?

I just rang up the London Stock Exchange...they said it was an Agency Cross for 100,000,000 shares at a price 0.0063. With the ask still at 0.009, hopefully the price will come back pretty quickly!

whats an agency cross , and whats an "x" trade?

Apparently it's two brokers agreeing a price independent of the market bid and ask price. I think if there is a willing buyer and seller, they can agree whatever price they want, but it still registers as a sell/buy?!?! Im still slightly confused!...I dont know what an "x" trade is?

Heres the news to back up the transaction:

LONDON (AFX) - MOS International PLC said Elenora International Investments Ltd bought 100 mln ordinary shares of the company yesterday, or 9.83 pct of the issued share capital, following Jubilee Investment Trust PLC's disposal of its entire shareholding of 100 mln MOS shares.

Read about this one on advfn bb. wish I had loads of cash to spare as by all accounts this one is going to be a 10 bagger or so they say.Does anyone know where I can get a copy of the chairmans last statement,which was apparently issued with last results December I think. Someone on advfn has posted some extracts from that statement and I must say are very very bullish. I just wanted to check it out as I trust noone on these boards. this should move up in a few weeks time as although end of year was recently,the results won't be published for a couple of months yet so plenty of time for me to raise some cash.would be nice to be in something from the start for a change though.last week on the advfn moi thread there was a post of the week by some guy called gromore I think, who said that mos could be 9p somtime this year and gave reasons which seemed to be solid.something to do with turnover,profit,market cap etc.very very good.this week theirs another one about housten which is also good.I wont be around for next weeks or the week after so if somone could put thrm on here that would be great as it saves me trawling through for the good posts and they are very informative.

tonykreit1
would be good to get some good info over here like they have on advfn thread and a nice header and chart would be good.i look foward to getting some of these maybe i'll borrow a few quid.don't mean to offend this thread is much more active and nicer than the advfn one.must go have a plane to catch in a few hours.good luck

Here you go chrissie:

Chairman's Statement

The results for the half-year reflect the reorganisation costs and trading
difficulties the Group is incurring during the rationalisation programme.
However, turnover increased in the first half and has grown substantially in the
second. Order books are at record levels and tender enquiries high. Gross profit
for the six months was 653,782 (Year to March 2004: 703,024) and annual sales
are running at just under 10m, reflecting substantial growth.

The losses, for the period, include further write-downs of investment in
subsidiaries, slow moving stock write offs and non-recoverable debts. Whilst the
overall loss of 979,868 is disappointing, we have removed a significant amount
of fixed cost from the business and these results reflect not only the
write-downs but, unfortunately, the long-term nature of many employment
contracts, entered into under the previous management, the cost of which we are
still bearing. As a result we will not see the full benefit of the action we
have taken until the 2005/2006 financial year.

These non-recurring costs should run out over the next six months and the Group
will emerge leaner and fitter. Underlying confidence in all Group companies is
high because of the increased level of enquiries and orders. During the period,
we completed the acquisition of:

Ansell Jones, which was acquired in July to take the Group into marine and
defence products complementing our mechanical handling and cranes business.
Ansell Jones consisted of sales and marketing and two manufacturing facilities,
in Walsall and Paisley. These are presently being closed and we are bringing all
manufacturing into NIM Engineering in Newcastle. Further redundancy and closure
costs will result, in the second half, but the ongoing Ansell Jones business
should provide a worthwhile contribution next year. Ansell Jones has
consistently enjoyed annualised sales in excess of 4m, with a margin of 10%.

and Post Period we completed, having first announced agreement in May, the
acquisition of:

Patriot Cranes in Houston. This business has been merged with the existing MOS
Offshore business unit in Houston, Patriot Mechanical Handling. As well as
manufacturing its own handling units, Patriot provides a much-needed service and
repair facility for existing MOS installations in the USA and should help the
marketing of new equipment to the important US market. Patriot has enjoyed some
early success with the recently announced orders from the China National Oil
Company.

On finalisation of the current business plan and rationalisation programme, the
Group will operate two distinct divisions:

Offshore Equipment division comprising MOS Offshore in Shipley, MOS
International (Asia Pacific) Pte, a newly formed company, in Singapore and
Patriot in the USA
Handling & Access Equipment division comprising NIM Engineering, Newcastle,
Ansell Jones Limited in Walsall, Ansell Jones Paisley Limited, in Paisley and
Ansell Jones Cranes Limited in Shipley, with production centralised in
Newcastle.
The Group has expanded its network of agents and now has increased presence in
most of the energy and drilling markets in the World, including the Middle East,
Far East, US, South America and most recently North and West Africa. The Board
are currently investigating opportunities for representation in Russia and an
announcement will be made when appropriate.

Since the half-year end, we have also strengthened the Board by appointing
Stuart Pearson as a director. Stuart was, until recently, a corporate finance
partner at Baker Tilly, and he will oversee the financial aspects of our
rationalisation programme and assist us with the installation of new reporting
and management information systems. He is also highly experienced in merger and
acquisitions work and will assist the Group in both its organic expansion and
acquisition programme.

The Group raised further capital of 1.25m net shortly after the period under
review end and these funds will enable the Group to complete its rationalisation
programme. Shareholders have been very patient and supportive and your Board
continues to work very hard to ensure the faith shown by our shareholders is
justified. Whilst the last twelve months have been difficult we have made
substantial progress, fire-fighting is now at an end and we can concentrate on
building the business. The Directors remain ambitious and believe MOS can
deliver excellent returns to shareholders. The business in which we operate is a
long-term business and whilst current trading losses are frustrating for both
management and shareholders, the opportunities present should reward this
patience.

Outlook

Over the past year the management team has extended the product range, put in
place in-house manufacturing, rationalised the existing business and greatly
expanded the marketing effort, opening up significant new markets to MOS
products. Once the acquisitions have been fully integrated MOS will offer a
wider product range to a broader market and have a much reduced cost base. We
have record order books, we have attracted major new customers and we are
targeting new markets, worldwide. Overall, we have made good progress and the
outlook remains extremely positive.

P Philip Wood
Chairman 31st December 2004

From last December:

MOS INTERNATIONAL PLC

Trading Update


MOS International PLC ('MOS'), the oilfield services company, announces that
trading is in line with market expectations. Turnover for the year to
31st March 2005 is expected to be circa 10m compared with 1.05m in the year
to 31st March 2004.

MOS currently has an order book in excess of 7m for delivery prior to the year
end.

The recent acquisitions have integrated well, the rationalisation programme at
MOS is almost complete and that at Ansell Jones will be completed in this
financial year.

Tender and enquiry levels remain high and the Board is positive regarding the
future. Significant progress has been made and the business is well on the road
to recovery, with turnover forecast to show a further considerable increase, in
the next financial year.


The interim results will be announced on December 31st.


15th December 2004

10 million turnover as opposed to 1.05 million last year!!!!!!!!
This has not been yet factored into the SP, in fact the SP has fallen over this period. We are heading for a massive re-rating IMHO.

Chad,

This is an extract from a post on Advfn "Gromore post 242"

"The board reckon 10,000,000 turnove for the current year rising to 20,000,000 for the next. A guess at profit in the region of 1,000,000 for the current year using a p/e of 20 would give a market cap of 20,000,000 and a share price of 3p. A profit of 4,000,000 for the following year would give a market cap of 80,000,000 and a share price of 9.9p.

Chad

What do you think of these figures. I think the sp could easily be 3p or 4p when results are published, maybe even more! The above figures are based on profitibility and has not factored in "potential".

As Gromore said these are just guesses at profitability but well within the realms of possibility.

God I wish I had some spare cash, might try and borrow some!

Good stuff chrissie. This type of SP seems easily achieveable to me. Good luck all holders.

i think shares mag gave this the kiss of death when they did a feature on moi saying how good a company it was when it came to keeping its shareholders informed with a steady flow on news. since then there has been nothing!!!! but i tend to agree with previous posts, this is due a re rating. does anyone have a definate date for reulsts?

Ive just e-mailed MOS to see about the results. Probably wont get a reply though.

All sells today, These people must be crazy with the results just round the corner.

Saying that I just got an reply from MOS: they say that the results will be published in August/September, so its not as soon as we were expecting, but never mind. What we need is for the institutions to pick up on this one and a few tips in the papers etc while we're waiting.

Once this one is found by the institutions we will really take off. August is not too long to wait for what should be some very good results.

some scare mongering going on, prob by an ex-employee, thats the prob when you lay people off!! Everything you need to know is on ADVFN!!

Don't read ADVFN pommy, can you advise what the scare-mongering is, not that I'm selling, if sp goes down I'll probably buy more.

Got a new thread goin for this one guys.

andysmith

Just a disgruntled employee. He soon got his answer from somebody else who is obviously in the know and we haven't heard from the scare monger again. No worries. Don't understand the results date as I was sure that they had to post results within 3 months of year end.

Thanks for that Chrissie, no way I'm leaving MOS and may top-up if it falls further. I stuck by SEO last year when there were some reasons to be worried.
I had calculated possible sp to 2p but projections here of 3p-9p mean I hold as long as it takes for the results. Thanks.