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.
stockdog
- 12 Jul 2005 17:10
- 544 of 890
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
The Owl
- 12 Jul 2005 21:12
- 545 of 890
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.
bosley
- 12 Jul 2005 22:59
- 546 of 890
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!!
Madison
- 13 Jul 2005 17:28
- 547 of 890
No big sell tonight. Let's hope that's a good sign...
Cheers, Madison
Sequestor
- 13 Jul 2005 17:59
- 548 of 890
phew!!
Sequestor
- 15 Jul 2005 11:53
- 549 of 890
I CAN SEE THIS THING FADING TO ZERO UNLESS SOMEONE COMES UP WITH SOME GOOD NEWS.
moneyplus
- 15 Jul 2005 13:09
- 550 of 890
Anyone got a date for the promised good results?
chrissie
- 15 Jul 2005 19:01
- 551 of 890
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!
bosley
- 15 Jul 2005 19:04
- 552 of 890
ding dong!!! chrissie dressed as a pussycat!!!! oh my!! i feel my legs shaking......
Sequestor
- 15 Jul 2005 19:16
- 553 of 890
bos-I think you definitely are lacking a good shag-Carpertright are doing some good deals.
chrissie
- 17 Jul 2005 23:16
- 554 of 890
Owl
Still no mention in IC, maybe during the next couple of weeks...
chrissie
- 17 Jul 2005 23:17
- 555 of 890
bos
Easy tiger!
chrissie
- 18 Jul 2005 15:35
- 556 of 890
Crown Corporation's AGM next week, Mos Int should get a mention.
Sequestor
- 18 Jul 2005 15:45
- 557 of 890
good point, hopefully.
bhunt1910
- 19 Jul 2005 11:28
- 558 of 890
MOS International PLC
19 July 2005
MOS INTERNATIONAL PLC
Board Changes
MOS International PLC ('MOS'), the oilfield services company, announces that,
Gerard Nicholas has been appointed a Non-executive Director of the Company, with
effect from 18th July 2005.
Gerard is a qualified accountant with a background in banking and finance. Prior
to establishing his own specialist consultancy focused on raising debt and
private equity for small and mid-sized companies, he was a senior banker with
Anglo Irish Bankcorp Plc, based in London, the Bank of Ireland and The
Investment Bank of Ireland Limited.
Educated at Trinity College, Dublin he qualified as an accountant with Price
Waterhouse & Co.
Gerard is a well-known in the small/mid-cap arena and has extensive experience
in corporate finance.
Stuart Pearson is to step down from the Board due to other commitments.
Philip Wood, Executive Chairman commented:
'I am pleased to welcome Gerry to the Board. He has extensive experience working
with smaller growing companies and will be a valuable asset to the business.
'I am sorry that Stuart no longer has the time available to allow him to remain
a Board member but he has helped us to successfully rationalise and re-focus the
Company which gives us a firm platform to build upon. The Board remains
committed to developing a substantial business.'
more...
Sequestor
- 19 Jul 2005 14:32
- 559 of 890
not exactly glowing RNS`s today
stockdog
- 19 Jul 2005 16:56
- 560 of 890
The 7m shares were converted at approx 50% the price prevailing prior to the fund raising announcemnt of .69p - another substantial dilution to the advantage of the privileged few!
bosley
- 19 Jul 2005 19:37
- 561 of 890
another board change. seems like this is almost a different board to the one in charge at the start of the year.
Sequestor
- 19 Jul 2005 20:02
- 562 of 890
aye , not looking too hot.
chrissie
- 21 Jul 2005 04:56
- 563 of 890
Not a bad thing at all! The expertise of this board looks very capable of taking Mos Int to the next level, PW has chosen an excellent team with the right men in the right jobs........Onwards and upwards!