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.

Some healthy buys going thro this morning. Hopefully first tick up of many leading up to results.

Feels like the talk to yourself thread.
Level 2 now 3 v 1, so there could be another tick up soon. As it is Barclays are selling at 44 and buying at 42 versus a spread of 40 - 44.

itu

We are rattling now!!!

i thought that 5mil earlier was the sell of montgomerys last lot !! But maybe it was a buy, then antheer 5mil goes thru!!!

Someones getting a sniff of these!! Maybe asociated with Langbars announcement!!!

Pommy
Maybe, but probably a case of people realizing its undervalued. +20M shares traded already and a lot still to go through.

i had the same thought , pommy, when i read the langbar announcement. in an earlier announcement they mentioned the possibilty of buying something oil related and today they mention undervalued companies. wondering if it's time to get back in, if only to see chrissie again!!!!!! then again i might be putting 2 and 2 together and getting 7.

MOI have signed a tentative JV with LGB so i believe the two events ie LGB RNS could be related, they have stated they are going to invest in small co s .Also patriot should get lots of work in the gulf of mexico following the terrible KATRINA episode. Lots of damage to oil platforms and they will want them back in prouction asap.

Not a bad day.

bosley

Easy Tiger!

Come on jump back in, it's the purrrrfect share to be in!!!!!

On a serious note, Iturama's posts are spot on....please read them again and then make your own mind up.

The most important thing here is that there is plenty of work around and order books are full and will be full for years.

15% up on 27 million - several times average volume - can't be bad, makes the chart look a liitle more like it.

I agree with Sheny that LGB's release of its cash and the comments in its RNS today probably to amount to using some of that cash for JV activity with MOI - not sure how long it would take to come on stream though.

On the move up again today.

Summat's azturrin' under the zoil.

Looks very mich like the vol today will be way above yesterdays.

volume is more than double so far - be nice to get consolidated back up above 0.60p which was a sort of resistance/support level in May/June (also makes me all square, but that has nothing to do with it, of course!)

sd

Of course not!
! by christmas!

party, party!

Let's not get too excited chaps ... yet. There again 215 trades & 20x av. volume. Maybe get out 1 cocktail stick.

What, Owl, to keep the MM's awake with - lol! Are you back from your travels?

Hitting a degree of resistance at .50p. There were a couple of large T trades at .53, marked as a buy when reported at end of day, but I suspect they were transacted earlier when they would have been sells - hence the retracement in price over the day. Let's have another go tomorrow.

sd

Lol SD...exactly!! Still busy till end of month.
MOI looking frisky...PW may raise 2006 guidance so late issue of results could be good.

Looks like the prick worked.

Nice break out from the pits, exceeding the 0.50p level mild TA would suggest (up 0.06 from the interim peak of 0.44p between the double bottoms averaging 0.38p), but would love a bit more volume on this the third day to consolidate the progress - 2:1 ration of sells to buys taking advantage to escape from their mistimed purchases over the summer, I shouldn't wonder.

Both my sub-1p holdings (DGT the other) causing high interest currently.

sd