Sharesmagazine
 Home   Log In   Register   Our Services   My Account   Contact   Help 
 Stockwatch   Level 2   Portfolio   Charts   Share Price   Awards   Market Scan   Videos   Broker Notes   Director Deals   Traders' Room 
 Funds   Trades   Terminal   Alerts   Heatmaps   News   Indices   Forward Diary   Forex Prices   Shares Magazine   Investors' Room 
 CFDs   Shares   SIPPs   ISAs   Forex   ETFs   Comparison Tables   Spread Betting 
You are NOT currently logged in
 
Register now or login to post to this thread.

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.

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.

driver - 23 Jun 2005 12:57 - 429 of 890

Sorry that was me, 12% will do for today any way I didn't know plm2349 was on here see you later.

The Owl - 23 Jun 2005 13:00 - 430 of 890

Smallest Owl deal ever!!! 53 GBP.

Sequestor - 23 Jun 2005 13:03 - 431 of 890

iturama
aye- doesn`t seem to have spooked the horses anyway,

stockdog - 23 Jun 2005 13:09 - 432 of 890

I guess the 2m and 27.5m sells will take a bit of digesting before the price moves up again. Wonder who the seller is?

sd

driver - 23 Jun 2005 13:15 - 433 of 890

stockdog
See post 428

Sequestor - 23 Jun 2005 13:56 - 434 of 890

i can feel another multi-million sell overhanging this SP,come on whoever it is reveal yourself!!!!!!!!

The Owl - 23 Jun 2005 14:29 - 435 of 890

Seq..surely a sensibly paced rise is better isn't it? 13-17% is pretty good for a stock knocked off it's perch?

Sequestor - 23 Jun 2005 16:00 - 436 of 890

50p bid at last- yep Owl, but there is something strange about the trades, not grumbling , just wondering.

driver - 23 Jun 2005 16:10 - 437 of 890

I did tell you earlier

Sequestor - 24 Jun 2005 13:22 - 438 of 890

slow day

The Owl - 24 Jun 2005 13:47 - 439 of 890

It's a good sign - presumably the JV is a prelude to 'something' so people are reluctant to sell. Personally think they'd be mad to until the Aug results, and order updates are out...
If 04 results are in profit & t/over were to exceed the 'c10m', MOS will be one not to miss...
Register now or login to post to this thread.