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.

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!!

if the cap doesn`t fit don`t wear it Andy, there are half a billion of this dogs shres around, plenty have pumped and dumped on many bb`s-you know the ones the "nice" guys - very helpful--lolol!!!!!

Do you consider me a pumper-dumper? Hope not.

certainly not- take a look on AFN and iii tho`

No Andysmith not having a pop....just envious! I'm sure MOI will come good but just thinking I could have owned twice as many...just being greedy now.

Thats OK Chrissie, didn't think you would be taking a pop and yes I now feel lucky about the stop-loss. Good Luck.

Just spoke to IC magazine (again!) ...they say they 'hope' to cover MOI in next few weeks (having promised to include it 2 weeks ago) - best they could do and bit frustrating really.

Meanwhile SP falls further off its perch, so to speak.

SD ...at least with MOS there's a limit. Rather this than Regal @520p! Happy to let it drift before results next (yes next!) month.

Owl

100% fall is a 100% fall, no matter what the starting price.

pth

lol

pth - don't throw logic at us on a Friday pm!

Owl - I shall merely howl at the moon (having no wings)!