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.

Owl is off on a job trip, I beleive for a month (?) or so - he did mention it.

Chrissie is evidently in mourning for the loss, but as soon as she understands how you feel about her she'll be back on post in no time at all, I wouldn't wonder.

sd

This sp is falling back again desite the rns. Although the prospects for this company are excellent imho, the sp will continue to suffer until they stop having to issue shares at lower and lower price to fund the expansion of sales imo.

Falling SP is esp irritating on such small volumes- hardly justifiable of a 10% mark-down. What are the mm's up to? Im not budging though. Still have faith in the company and their long term prospects. Hopefully things will change with the results when we have some hard figures to work with as regards to turnover p/e etc.
Cheers all.

There was a 12.5m 60,000 T trade sell announced at close yesterday - that may have someting to do with today's lacklustre performance.

A Speculative BUY for MOS on this months GrowthCompany site.

BTW - forgot to mention that Jeffrey Lum of Solus Eastern Enterprise Fund writinng in MoneyWeek last week suggests investing in oil rig firms - but sadly omitted to name any before moving on to talk about steel. He says the high price of crude has yet to be factored into the sahre prices of these companies by "misguided" analysts concerned that oil rig firms will suffer from capacity constraints.

For what it's worth - we need everything we can get to keep the faith in MOI back down again today.

sd

sd , it is very tempting to buy more at these prices. yesterday's rns was very reassuring, but i also agree with canary9 that this constant issuing of shares doesn't do us any favours.

(sd,we had a new solo euph come down last night, a young kid from rochdale. he was very good, nice tone. are you still practicing?)

like you guys i do not understand,i am stuck in it i paid .59 i wont buy anymore althought i feel a miracle is going to happen soon..........................................

who drops that poxy T trade every night?

plm - I bought in at .79, .60 and .44 - averaging .60p, so I too am hoping for the miracle. I have enough not to want to risk more on the downside. The 12.5m and another 5m tonight T trades suggests there is someone determined to offload a large amount of stock. The SP will not reach its "natural" level until after this has cleared (cf. DGT) IMHO.

I still keep the faith.

sd

A rare fly past! Should go away more often...looks like she's stirring (MOI I mean!). Is that 147 trades I see? ...a month or so to go. Worth the wait IMO. Hoot.

sd, there always seems to be someone in the wings offloaded lots of stock. same thing was happening a few weeks ago. i guess we will have to wait for the rns saying mr.x has no further interest in moi!!

No big sell tonight. Let's hope that's a good sign...

Cheers, Madison

phew!!

I CAN SEE THIS THING FADING TO ZERO UNLESS SOMEONE COMES UP WITH SOME GOOD NEWS.

Anyone got a date for the promised good results?

bosley

Did you think that I'd run off with Owl? As in the "Owl and the Pussy Cat" !!!

I bought a little too soon as well but you know what they say "Top pickers and bottom pickers end up as cotton pickers" .....Just watch these soar in the next few months!

ding dong!!! chrissie dressed as a pussycat!!!! oh my!! i feel my legs shaking......

bos-I think you definitely are lacking a good shag-Carpertright are doing some good deals.

Owl

Still no mention in IC, maybe during the next couple of weeks...