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.

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.

agree.

Also agree but no one is going mad and saying 10p 20p. Once we get the results and see what the turnover and profit is then we'll know exactly what the share price should be. Add to that the statement that goes with those results (and I have been told that it will be positive) then you are dealing with potential.

They have already said that current year Mch05 - Mch06 turnover will exceed 15m. To achieve this they need to win (maybe they have already been won) more contracts. So many more announcements to come and maybe they will be announced with last years Mch04 - Mch05 results. Basically I have been told that the actual results will show how the company is improving but the words with them will be very encouraging re the futiure. I am not ramping but I do believe that by the time the current years results 05/06 have been published in 2006 we will be looking at 5p plus!



OWL

See you at the 2p/3p party....We'll have a HOOT!

Agree too...BUT still convinced 0.60p's wrong for MOS. The market has not priced in any of the restructure benefits, nor the repeated t/o increases, nor the 3 director buys in January, let alone the PMHH states listing, and sector potential.
Looking at the price action last year BEFORE all these things, it's not inconceivable for the SP to move back to the 1.25p mark before Christmas - even though this would be ~ 100% gain. Last April SEO stood at 6p and 21p was put as the target. It hit 15p in March and rose to ~30p in May - this despite most of the news having been priced in at the 12p mark - it can happen. ...MOS is a fun (if somewhat frustrating!) ride anyway.