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 not me either- yet, just added up the pros, and cons. and SELL seemed sensible,
but hey- sensible ? MOI?

I thought her s-pecs were fine!

Have just sent a long, tedious response to Mr Padley of Bankside, since I feel disatisfied with his rather patronising response, especially in light of continued decline of SP. If anything interesting comes of it, I will post it here - preferring not to bore you with it otherwise,

Mrs.Trellis of Fencehouses has jumped,erm, from the fence, and has opined that
her landing, sans a left knicker gusset has left her somewhat de-fenceless, so to speak,a free half- Brazilian was not expected,nor indeed inspected.
She is now holding, several pieces of undergarment, which must remain anonymous.
However holding she is!!!!!

Markusantonius: Yes - still worth a punt IMO(though personally I'd wait till selling stops - and 'might' after last week go to 0.25p unfortunately. I'm expecting to increase holding at 0.30-0.40p - carefully). Depends on time horizon though, and lack of 'bad' news. MOS for me is medium to long term hold i.e. don't expect to sell before Mch 06 earliest - but DYOR. IMO MOS is still doing things 'right' - but has lots of presentational issues, and with a 0.40p!! sp is hard to take seriously - hence share consolidation would be good. You're either in or out on this one. Trying to get in when MM's mark up the price is tricky, and virtually impossible to time the first major move (which could be as high as 1p).
SP target's? Hopeless at those e.g expected SEO to get to 14.75p and sold, hit 30p, now 23p (ouch!). If MOS is 5M in profit for 2004, then could perhaps hit 8-10M profit for 2005. If so, SP could be 1.5-2p by Sep 06 with good order flow.
As with all AIM stocks important to DYOR, and decide own risk profile. As a rule AIM shouldn't occupy more than 15% of investments (because of spreads & liquidity issues as seen here).

Owl

Still watching MOI with interest, hence my post. Where do you get the idea that the company will generate 5M profits for 2004? Seems very ambitious.

pth

Thanks, Owl, for your balanced perspective. Very open.

Will monitor for now, I think.......

Bosley

Yes I look exactly like that maybe a few pounds heavier (in all the right places mind!) and maybe a few years older. But you know what they say "many a fine tune played on an old fiddle"...

Back to MOI..As soon as we get good news there is always a flurry of buying so I should imagine that when the results are published and we have some director buying we will be back on track. I still think good things will happen this year and I also think that if the joint venture produces a couple of huge contracts (which is not inconceivable in this climate and with PWs contacts) then the MOI share price will go up good and proper. I presume one or two contracts were lined up before the JV was signed and should soon be in the bag. I still have every confidence in MOI but I'm glad that Stockdog and Owl are letting the directors know exactly how we all feel about the falling sp. website, etc, etc.

The next 3 months should be most telling!

ptholden
5M profits is not quite a guess. PW said turnover for y/e 2005 will be c10M.
In 2004 t/o was 1.3M, profits (1.3M) (i.e.profit of 654k less reorg costs 980k), and cost of sales 631k. So if t/o is 10M (7x 2004) and cost of sales is 4.4M (~7x2004 figure) then we 'could' see 5M profits. Know it's optimistic but possible - remember staff costs are much reduced from last year. I'm actually expecting 2-3M.

MOS International PLC
30 June 2005


MOS International plc
('MOS' or 'the Company')

Additional Listing

Following the conversion of 50,000 nominal value of convertible loan notes, MOS
has today issued 14,417,531 new ordinary shares to Montgomery Equity Partners
L.P. at 0.3468p per share.

Accordingly, application has today been made for 14,417,531 new ordinary shares
to be admitted to trading on AIM. The new ordinary shares will rank pari passu
with the existing ordinary shares of the Company and dealing in the new ordinary
shares is expected to commence on 6 July 2005.



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

That's 1.7 times as many shares as if converted at the pre-announcement price of .59p - exactly the point I made to P Wood whose PR company fobbed me off with such a disingenuous response. Very expensive money!

sd

its bad then?

The results had better be good with all these cheap shares swilling around--likely to hold the price down until some good news IMO

I am afraid I am out

Good Luck you guys

Baza

bhunt1910 - don't blame you! Test's the steeliest of nerves this one.
Best of luck with your new venture.
Chrissie - have you been in contact with our 'friends?!' Bankside recently?

Guy's/lasses, you'll be glad to know Owl's flying off for couple of months (new work). Keeping shares, and will pay occasional visits...August had better be good!
Lol.

Thank F**K my stop-loss threw me out at 0.65p.
Despite the recovery prospects for MOI, they are losing all credibility with ordinary investors with this constant cash raising at lower and lower prices.
Off my get back-in watchlist now.
Good Luck folks.

andysmith. you really are "Golden Bollocks" aren't you?

Owl


No haven't bothered with Bankside, practicing some patience . Good luck with new work, we'll miss you so do try and pop in.

Thanks Chrissie!! Are you having a pop?? Looks like I got one wrong again.
I honestly thought that this looked a good recovery stock (and probably still is) and was genuinely pissed off when my stop-loss threw me out cos the spread meant I'd have to pay more to get back in. There seems little in the way of updates on progress for patient shareholders, just more and more fundraising, dilution and a continuous drop in sp caused by MOI themselves issuing shares at lower prices. Until this has been completed with some explanation from the board together with progress I will not commit more funds to MOI.
With 4 such fund-raising exercises in a matter of months I think holders should be entitled to some information don't you?
One consolation for me is that having been thrown out, IF all becomes clear I can back in with more shares than I had in the first place for less dosh.

Come on MOI, be fair to the shareholders, urgent RNS NOW!!!

when the pumpers and dumpers pack in its fcuked.

I don't think my limited funds make sod all difference seq, I'm not loaded like most on here, just trying to improve my wealth and value these boards to help my investments!!