Now that we all know what the prospects for MOS are i.e. damn good, thought I'd get a new thread going and just highlight MOS' attractions for any new investors.

Key highlights:

* Significant progress made, rationalisation programme almost complete

* Acquisitions integrated well

* International marketing network established

* Record order books, enquiry levels high, several new customers won

* Recent Director buys

From the Chairman's statement:

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.

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.

On a turnover of 10million with a profit of say 1million, this company is on a P/E ratio of just 8 (market cap being around 8million at present). This company has been overlooked by the institutions and investors alike and is due a big re-rating soon IMHO. DYOR as usual.

Chad.

Good to see the action today. Helpful posts. The block sales are T so presumably balancing the books exercises. Great to see confirmation of forecast turnover. As Owl says so wisely, strong relationship between t/o and profits and reorganisation costs chould all be in last year.

Looking for clarification of gromore's Patriot comments. Do we have any valuation of these shares, given that MOI are majority holders? What is significance of separate float; presumably MOI still benefit from consolidation of results?

Eric

Eric,
Please see quote below for Patriot. Currently valued at $2 with 4,000,000 shares having been subscribed to by 10 investors/directors. A futher 24.4million available for subscription. Potential value $56.8 million.
Significance: Moi is represented in the US market by PMHH and far more likely to gain US contracts. Splendid acquisition by MOI for only 18million MOI shares(see below) and already worth $5.76million dollars to MOI

"RNS Number:3392F
MOS International PLC
17 November 2004


MOS INTERNATIONAL PLC

Acquisition of Patriot Crane Inc.

MOS International PLC ("MOS"), the oilfield services company, announces that it
has completed the acquisition of Patriot Crane Inc. ("Patriot") and its
subsidiary SonBeck International for a total consideration of US$100,000, to be
satisfied by the issuing of 4,331,583 MOS new ordinary shares at 1.25p per
share.

Patriot is an independent manufacturer of pedestal mounted hydraulic marine
cranes, located in Spring, Texas, USA. The company designs, manufactures,
services, maintains, inspects, tests and refurbishes cranes and offers a 365 day
support service.

Additional details of the acquisition were announced on 11th May 2004 when the
'Heads of Agreement' was signed.

In addition, 13,536,200 MOS new ordinary shares have been issued at 1p per share
to certain employees of Patriot Mechanical Handling Inc, a 90 per cent. owned
subsidiary company of MOS, as consideration for services rendered."

QUOTE:-
"PMHH -- Patriot Mechanical Handling, Inc.
Com
Primary Venue: Pink Sheets

Best Bid: Unpriced
Best Ask: Unpriced
TRADE DATA
Last Sale: 2.0000
Change: +0.00
Percent Change: +0.00
Tick: Down
Daily High: 0 Daily Low: 0
Opening Price: 0 Volume: 0
Annual High: 2.0000
Annual Low: 2.0000
Dividend: 0.000 Earnings/Share: 0.00
Previous Close: 2.0000 P/E ratio: N/A
Yield: 0.00
Beta Coefficient: 0.46
Last Trade Date/Time: 05/11/2005
Trade data is delayed at least 15 minutes. Best Bid and Ask reflect prices between 8:00am and 4:00pm EST, after these hours the best Bid and Ask at 4:15pm is shown.

If you are an investor in a Pink Sheets quoted company, tell them to sign up for real-time level two quotes so you can view free real-time inside and level two quotes in their stock. Otherwise you can always subscribe to our www.OTCQuote.com product."


MOI's share value in PMHH alone is about to dwarf MOI's current Market Cap not to mention the likelyhood of substantial orders. There will be cash injections into Moi's coffers as it reduces its holding in PMHH to 50%.

this MUST be re-rated soon, to see hundred thousand share deals going through for a few hundred quid is most offputting- min. one for ten split needed-NOW

not yet thanks---I want to accumulate!!

whoever is selling now must have a big cashflow problem!!!!!!!!!!!!!!!!!!!!!!

picked up a few more today!

I heard somewhere that we should get some more news this month. Has anyone been in touch with Bankside Consultants lately?

Moneyplus,

I was tipped these recently and done a bit of my own research - but would you pay up to? And what are your reasonable expectations in the short term?

I'm hoping for 2p by Xmas-then next set of results should point the way. if the company has really turned around it should head back towards former prices which were much higher. Only my opinion though we really need the experts to look over this one. my last buy was 0.63 so will be happy to see it break through 1p. cheers MP

I'm hoping for 2p AT LEAST when results are published.

I see 3p on Mar 2006 results IF 15M t/o is hit assuming costs/debt stay as now (which they should as we won't see 900k reorg costs again!).
Any hint of 20M - highest ever e.g. on big follow-ons to Nexen or CNOOC - MOS could be in rocket territory. Looking back to 1998/2000 saw a 9M t/o increase to ~21M. MOS are in better shape now than then plus demand for oil services is higher (see Expro, Abbott & Rigzone.com). MOS have/are winning orders between $400k-$1.88M...BUT the share price won't move significantly without VISIBLE news, and big (institutional) buyers.
PATIENCE, PATIENCE...

Where's gromore I think he agrees with 2p or 3p this year. I suppose it all depends on what results say, I for one can't wait. I wish they'ed bloody hurry up!

Isn't it this week that Investors Cronicle covers all AIM shares? Last year they gave MOI a good rating so this year should be even better! I will hopefully be able to top up before the end of the week.

1p with the results will be exceptional.

Chrissie, I read the posts daily but only post if I feel I can make a meaningful contribution to the discussion.
We may not see a significant net profit for year 04/05 because of substantial re-investment for expansion purposes, but when interpreting the results I would take that out of the equation since it adds an equivalent value to the company and bodes well for the future.
The chairman's statement/forecasts for the company and trading updates are what will propel the price upwards to the 2 to 3p mark by Christmas 2005 in my opinion.
The real fun will start in 2006 as the company gets a bit of wool on its back in terms of cash and is able to tackle large contracts.
The price of oil is not going to come down. Demand is now oustripping supply and most productions have peaked. Some forecasters are predicting $100 a barrel very soon. That means many oilfields that were hitherto regarded as unviable will be opened up. Lots more opportunities for MOI.

Apparently 2006 will be the year that this company really takes off as Owl says. But the next few months should see us well on our way. Bankside Consultants have said that the results for year to Mch05 will not be published until August September so I would say we will get some sort of trading update in July.

Owl

Do you know what they are doing to attract big institutional buyers? Can't you phone them and give them a few ideas. Bankside said they had intended to get results out this month but couldn't get auditors in until July, I think they need to pull their fingers out. Anyway a bit of director buying after results are published should also help. Still I wish you were handling MOS PR.

Chrissie, I'm flattered. Perhaps we should get together & pool ideas? Certainly should book a party if hit 1.5-2p mark. Re big players - think it's just PW & BP are very well connected, have offices in the right places, and the demand/supply situation. It is odd that Nexen, CNOOC would give work to small British Aim company though isn't it?
Seeing as now live only 20 miles away - could drop by and offer some 'goodwill' - redesign of their web-site would be a good start!
Was thinking of doubling stake today, but madly decided instead to buy Regal Petroleum for a bit of excitement(suddenly looses all respect!!) - well Merrill Lynch & Credit Agricole have jumped in so why not, and the 70p share price says the assets are worth practically nothing (definitely DYOR on this one - very very risky!!!). May increase MOS later in the week, but really need to do so within next 2 days as IC report should lift the share price next week. Have emailed a couple of 'experts' for their views ...The risk on MOI is really extremely small at this price & the potential reward is huge- had SEO @6.25p this time last year, saw it drop to 4p mark then roared ahead I was out at about the 15p mark - far too early but a good profit - no reason MOS shouldn't do the same as it's got the right product, in the right sector, and is getting good orders - IC even suggested last year MOI could be a takeover target. Personally I couldn't see it then (due to debt situation) but now things look much much better...
Be happy - whoever's in MOS is in near the bottom...

1.8p within 12 months

there is a danger here, if the co. is so attractive (and I am not arguing against this)at this price it could easily be taken over, either by another co.
for a quick cash sale- its cheap enough, or via private buying and taking the firm off the market- going private.

I have been in these for a while. Nothing frightens me than when I read a thread and everyone is shouting a price far in excess of todays price, these are the ones that usually end up going tits up. So lets keep our feet on the ground and our fingers crossed.