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MOS International: (a new thread) Oil Engineers on the turnaround (MOI)     

chad - 12 Apr 2005 16:42

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.

Sequestor - 23 Jun 2005 08:58 - 409 of 890

ok fertilizer man.

Sequestor - 23 Jun 2005 09:34 - 410 of 890

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

The Owl - 23 Jun 2005 10:02 - 411 of 890

hoot hoot!

stockdog - 23 Jun 2005 10:07 - 412 of 890

woof woof!

Sequestor - 23 Jun 2005 10:25 - 413 of 890

moan moan!

driver - 23 Jun 2005 10:57 - 414 of 890

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

Sequestor - 23 Jun 2005 10:57 - 415 of 890

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.

mail

driver - 23 Jun 2005 11:04 - 416 of 890

seq
Didn't take you long.(that was a test)

Sequestor - 23 Jun 2005 11:07 - 417 of 890

thgt. you weren`t talking?

jimmy b - 23 Jun 2005 11:13 - 418 of 890

driver don't be winding seq up now !

Sequestor - 23 Jun 2005 11:25 - 419 of 890

still 100% buys- wind away driver, all for the craic

driver - 23 Jun 2005 11:26 - 420 of 890

seq
Had a cupper Im all right now, got to go up the aunties she cant get her vid to work, see you later.

driver - 23 Jun 2005 11:34 - 421 of 890

I think the mms are having a laugh, this should be up at least 60% with all those buys, MDY shot up 92% the other day with similar demand.

Sequestor - 23 Jun 2005 11:43 - 422 of 890

bear in mind that their are 495m shares in issue, driver, today we have 4% bought, now 10% would be a really good show

ps - your `auntie`??, a likely story.

ptholden - 23 Jun 2005 12:06 - 423 of 890

thought there was over 1,000M shares in issue?

plm2349 - 23 Jun 2005 12:08 - 424 of 890

driver
i see you are in moi you are a little bit smarter than i thought but a bit green you need a great deal more practice!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

Sequestor - 23 Jun 2005 12:28 - 425 of 890

http://www.moneyam.com/action/nav/companies?page=&stockCode=MOI

iturama - 23 Jun 2005 12:36 - 426 of 890

Break out

Sequestor - 23 Jun 2005 12:44 - 427 of 890

what the f^&* is that sell---27m?????????

iturama - 23 Jun 2005 12:57 - 428 of 890

Its an interdealer trade. No consequence. Noteable that Evo, which has been shorting the stocks for weeks, is now on the bid.
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