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.

No sell. The mms would not have been buying earlier in the day knowing that a sell of such magnitude was about to go through. More like Crown Corp building a stake in MOI. Time will tell!!

Owl - Sorry I did get a reply on Monday, but omitted to share it with you all. I reproduce it below.

Not totally satisfactory, not least because of the inaccuracy about how much they raised - it was 25k in shares at 0.60p and the balance of 475,000 as a convertible 7% loan note, plus 1.5m standby equity facility. Where did 250,000 come from, or did I badly misread the RNS? My point that calling the balance of facility at a reduced SP was bad news still stands, inspite of his slightly pompous attempt to side step the issue. I am still none the wiser as to what more specifically they wanted the cash for.

However, the more encouraging tone at the end of his email and the fact of today's RNS JV announcement suggest it requires no answer. I forgive PW for not having time to answer personally in the circs and give him the benefit of the doubt that, as a principle, not a PRO, he would have been at liberty to answer more graciously.

It might have been smart to wait till today to reply!

Anyway, we move on and trust they will spend the money wisely.

sd




Dear Sir,

I have been asked to reply on behalf of the Company.

Firstly, we can understand the concern if MOS had raised 2m but this was not the case. The company has raised 250,000 and has a facility up to 2m, which may or may not be utilised.

As the Company grows it requires further working capital, however this will of course reverse in due course.

At this time in the development of the business the Board took the view that this method of funding was the most cost effective.

In terms of where the business is all we can do is refer you to earlier RNS announcements which give a guide to the expected turnover in the current financial year.

Order levels continue to be encouraging and enquiry levels are high.

The Board is happy with the progress to date and are encouraged by the outlook.

Regrettably we can't be more specific but hopefully this helps.


Regards

Michael Padley



Michael Padley
Director
Bankside Consultants Limited
1, Frederick's Place
London
EC2R 8AE
Tel. No. 020 7367 8888
Direct Line: 020 7367 8881
Mobile: 07798 863 690
e-mail: michael.padley@bankside.com

gromore, don`t agree , as the deal is many times NMS the trade could have been done up to 5 days ago without having to be announced then.
Tonorrow will tell.

Well done for your persistence SD. I talked at length with the sales guy who obviously couldn't say much. However from the tone of answer, things actually seem very positive there (given they lost 1/3 staff! last year or so), Roadshows + summer parties being organised etc is either a delusional company or one that really has turned the corner...

Gromore - hadn't though of that, but think you must be right. Someone has to take the other side of a 30M order.

I hate to patronise lads, but a few of you could do with a refresher course on how SEAQ trading works, it ` aint that simple, and the way that trades can be
hidden- legally- is mind blowing.

I didn't know that MOI was traded on SEAQ - but then I need a refresher course no doubt

stockdog

SEAQ
SEAQ is the London Stock Exchange's service for mid-cap securities and the most liquid AIM securities. The service is based on two-way continuous quotes, offered by competing market makers. Prices are displayed on more than 100,000 terminals around the world, enabling investors to buy and sell at a fair and transparent price.
===============

well you really DO need a refresher course then- and don`t try to be slick - what did you think they were SET`s -clown

Sequestor - your rudeness never ceases to amaze me. What makes you so angry with the world?
Squelched
bye bye

hahahah-what a loser- never admit you are wrong dearie- anyway for those of a more adult disposition from the list of SEAQ stocks we have

AIM AIM GB0030769565 GBX GB MOI MOS INTL.

now stockdog may try to be slick with sarcasm- the lowest form of wit, BUT it is important that the rules area known. and trust me the disclosure of deals
above the NMS are open for mm`s to hold back information for ages-I commend
this site to all.Shame stockdog won`t learn.

http://www.londonstockexchange.com/en-gb/products/membershiptrading/tradingservices/seaq.htm

Perhaps you're one of the 80's angry brigade - the SEQs Pistols maybe - or some other punk band. Who knows.

looks like it was a sell then.

or maybe a buy?

lol

Sequestor, Let's wait and see if there is an RNS before being so patronisingly rude about others views or knowledge.

ok fertilizer man.

AHAH, ALWAYS A GOOD SIGN ,2M MM BUY,
and more overhangs coming in late from yesterday- knew it.

hoot hoot!

woof woof!

moan moan!

moi
Got a mention in the Mail today, I didn't bother reading it, looked a bit boring.

100% buys
==========
Perceived to be one of the best recovery stocks in the market, MOS International edged up 0.03p to 0.46p on turnover of 61m shares. It has entered into a 50/50 joint venture agreement with Crown Corporation to build oil rigs and undertake major capital projects connected with the drilling and exploration industry. MOS is already an existing supplier to several contractors in the sector.

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