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 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.
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
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.
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...