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.

11 buys, 3 sells, good volume (nice double-thrust 1M)....shhh.

MOS International PLC
22 June 2005


MOS International plc

Joint Venture Agreement

MOS International plc, ('MOS'), the oilfield services business, announces the
signing of Heads of Terms for a joint venture to be entered into with Crown
Corporation Limited ('Crown'). Crown is an AIM listed investment company.

International Drilling Corporation ('IDC'), the joint venture company, in which
MOS and Crown will each have a 50% interest, will commission the building of oil
rigs and major capital projects connected with the drilling and exploration
industry.

There is a strong demand for new oil rigs and this is expected to remain high
for the foreseeable future. IDC will not be commissioning the building of any
major structure without pre-signed leasing or purchase agreements.

Crown is to raise the project finance for IDC whilst MOS will provide project
management and industry expertise.

As part of the arrangements, Philip Wood, Chairman of MOS, who recently joined
the Crown Board as a non-executive director, will take specific responsibility
for driving this new initiative.

Philip Wood, Chairman, MOS International commented:

'This new venture is complementary to our existing business and means we will be
able to utilise the product knowledge MOS possesses. Crown can provide the
financial backing, and combined with our in-house expertise and worldwide
contacts I believe that we can develop a substantial business that will provide
good returns to both parties'.


22nd June 2004
ENQUIRIES:

MOS International plc Tel: 01274 531 862
Philip Wood, Chairman

Bankside Consultants Tel: 0207 367 8888
Michael Padley/Susan Scott




This information is provided by RNS
The company news service from the London Stock Exchange

this is good news-isn`t it???

Well at last - a bit of upward movement in the price - I was beginning to give up on this one

Baza

Check you accounts Owl..looks like your hampster is out and buying again today!!

Seq:
Very good deal for MOI. No financing on its part: it gets the work and has a 50% share of the JV results.

EXCELLENT!

I spoke to one of the ex-CEO`s some years back, who said they were going to the moon and back-I think the price was 4p then, lets hope the new lot are more, well, realistic

g`luck.

S7
...gosh. You're right!!

This is really good news as it provides the finance, the contacts and a prime contractor in IDC for further work (as if MOS need it with their record orders!!). They're poised to provide a full end-end international service without financing issues (it would appear). See also rigzone.com for yesterday's article on rigs...think IDC may be in there somewhere. Timing's perfect.
Re SP, lot's of frustrated people no doubt waiting to sell, but when the city cotton's on to what this means, MOS should shoot up. Market likes it - Market Maker order for 1M just gone through- and smallest possible spread now (so they want the stock).

This is very good news - as a glass of water to a man in the desert. Nicely covers my buy earlier this week. Now to cover my previous extravangances - wake me up when we hit .60p someone please.

If they are investing in whole oil rigs, we are talking longish term to see profitability, but the SP may do well on the back of orders announced which will have the advantage of being almost individually reported and so easily trackable. With Crown's capital there should be no surprises with fund-raising dilutions from this side of the business. However, I imagine we may see more on the existing businesses if they intend to grow as aggressively as they currently seem to.

Overall, good news with appropriate market response. No reason why we should not climb back towards 0.70p fairly easily, but that old support level is now quite a strong resistance level to overcome - so save some chunky serial order announcements as we approach that hurdle, please.

Macro-economy-wise, we are definitely in a good market sector with a good management, but a good deal of hard work (for them, not for me, happily!) to get where they are going. I wish them luck and support.

rambling sid rumpole (rip KW)

I wonder how many deals are going tho` the Virt X (Swiss), stock exchange , they do have a web-site but very little ever seems to show up on it- my last purchase went tho` there and wasn`t shown on the LSE figs.

UMMM-love those M buys.

Only 9:50am - 64 trades, 5x av volume - hardly a sell in sight!

whats that 1m at mid about?

Not sure - wouldn't worry though with 75 trades! Protected 'T' trade of 2M @.49 just gone thro'.

bit of insitutional buying?

oh-oh!
big sell coming tho` as the bid falls?????

From my observations, the biggest up reactions come a few days after the news - i.e. when digested, and on press coverage. MM's don't like day-trades on AIM too much. IMO, when we get a director buy, and the annual results/words + some indication of big orders provided by this JV, this will do better than today. Lots of shares in issue, so I'd be very surprised if this moves for a few days yet - despite overall buying interest. Rather be in now taking on risk than wake to find a mark-up back to 0.65 level.

agree- still think there is a big sell overhang to clear yet tho`

g`luck

um...what's that 30m doing - looks a bit close to the spread to be a sell, but not sure it's a buy either. Dunno - affected sp today obviously.

SD - Did you ever get a reply from Mr Wood re your email?

I just KNEW something was up, but what????
That 30m has to be the sell which was overhanging the price.