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.
belisce6
- 08 Sep 2005 16:52
- 645 of 890
wierd thing i just saw.....most of the trades are around the .60p mark (ie; on average)......yet there is one buy of 1mill shares at .75p
(how did that come about ?? if the sells are going thru at near to .60p)
The Owl
- 08 Sep 2005 17:03
- 646 of 890
Swapped out of IFM (great share but too illiquid) to top up with 734k for MOI. Very glad to get 0.61p late in the day. If PW times forthcoming announcements right we COULD be in breakout territory, though may still be some mad selling - crazy IMO as still no jv news, no director buys, no results, no orders from Katrina etc. 2 Cocktail sticks out the box (not to prick MM's this time...!!) Maybe Stockdog can provide the sausages & Chrissie the pineapples - just in case the 1p party happens this month?? What do you think people...
B6 - probably an error. Could be 0.75 tomorrow though. Lots to come yet IMO :-)
stockdog
- 08 Sep 2005 19:58
- 647 of 890
Nice advance on very good volume for the third day. May well pause for breath in this historically established range .58-.63 (see June) - or could continue upwards - we'll see tomorrow.
chrissie
- 08 Sep 2005 20:58
- 648 of 890
I booked a holiday to the Bahamas today for next year....confident or what? Right pineapples...no problem! But can we make it a 2p party please?
iturama
- 09 Sep 2005 07:55
- 649 of 890
2p party it is then.
stockdog
- 09 Sep 2005 09:09
- 650 of 890
How many sausages do you think I should get?
iturama
- 09 Sep 2005 09:39
- 651 of 890
About 50,000 should do it.
stockdog
- 09 Sep 2005 12:54
- 652 of 890
Wilco! Mustard? French or English, or maybe a little spicy salsa?
chrissie
- 09 Sep 2005 13:08
- 653 of 890
mmmm.... How does that song go?..... "I didn't know I loved you, till I saw your sausage roll.".
stockdog
- 09 Sep 2005 18:50
- 654 of 890
chrissie - I hope Bosley doesn't catch you talking to me like that, he might take his drumstick to me!
The Owl
- 09 Sep 2005 20:16
- 655 of 890
Oh no, what have we started - honestly! :-)
Still no MOI in this week's IC - guess they'll wait for results. BUT Hunting is in (oil services sector). Same old story - new people, new equipment to meet demand, 45.7m rights issue to meet t/o increase from 540m-668m (2005) and non of this reflects the new work needed following Katrina.
Been a great few days, and managed a big topup today @.58- let's hope it continues...
Good weekend all.
chrissie
- 09 Sep 2005 20:26
- 656 of 890
If this sp ever reaches double figures (and why shouldn't it?) then I will do a striptease at the 10p party! Mind you it had better not take too long getting there, gravity is beginning to take it's toll, though I'm good for about two or three more years.
moneyplus
- 09 Sep 2005 20:55
- 657 of 890
I'm well past joining in but I'll turn up to enjoy the fun!! have a good weekend.
andysmith
- 09 Sep 2005 21:01
- 658 of 890
Pleased for all of you who hung in there that it's recovering.
My stop-loss threw me out earlier in the year but judging whether to have another bite. Can it head further North before Chrissie goes South!!!
Can Bosley control the thought???
queen1
- 09 Sep 2005 23:11
- 659 of 890
I like this thread. Very good-natured, even when the sp performance over the last few months has been so appalling. No bashers unlike many of the other threads on here.
bosley
- 10 Sep 2005 08:28
- 660 of 890
ding dong!!!!
The Owl
- 10 Sep 2005 10:34
- 661 of 890
Queen - that's because we're a quietly confident (Chrissie's particularly confident!) & patient bunch. And why shouldn't we be. Whatever happens to the economy MOI will zoom...due to demand, demand, demand. It's a long term business of course, but a very active one for the foreseeable future...
stockdog
- 10 Sep 2005 10:46
- 662 of 890
chrissie - what can I say, except that I look forward to seeing your double-top!
Oi, bos, get in the cue!
bosley
- 10 Sep 2005 11:20
- 663 of 890
in it????? i'm at the front, dawg!!!
stockdog
- 10 Sep 2005 11:30
- 664 of 890
Ah - I see you have!