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.

Spec - now I know how you knew about my mate.

Lord Butterfingers dropping things next door. Oh No.
This time we're ready for him ;-)

Should have been blue yesterday!!!!

Results are nigh, I'm so excited I can't sleep!!! Better go on a diet could do with losing a few pounds before the 2p party!!!

Could be good ...

..results next Friday then !

Yep! Next Friday or before!!!! Along with some nice sized Director buys would be lovely and send us whizzing north. SP has been kept nce and low for them, they bought the last lot at 0.70p.

Nice weekend all!

All,
worth looking in the Other Place for weekend comments on MOI. This is a sensible board which takes time off at the weekend - unlike the other place!

Chrissie - if next door comments are vaguely right, better get your bits & pieces ready...:)
I'll be preparing cocktail sticks next week too!

Owl

I've been reading the comments next door and if things go as well as expected then forget the cocktail sticks...we'll get the caterers in!!

I actually think that we could see a sp during the next 2 years of anywhere between 5p and 10p. Patriot are winning contracts and there is so much work out there. If potential is factored in to the sp we will get to 2p in no time.

Chrissie

Haven't posted on here for a while, but it is clear that you are expecting great things from MOS both in the short and long term. Just try and bear in mind that this BB is littered with threads of disappointed investors (including myself actually).

However, I hope MOS exceeds all your expectations and if ur doing a srtip can I have an invite?

pth

ptholden

Point taken, 5p -10p is dreamland but could actually happen in around 2 years just because there is so much work around due to the many oil rigs that need replacing or repairing and new oil rigs being built in China/Asia etc. Don't really mean to ramp too much but just getting excited. At least I didn't say 5p-10p before Christmas!

And yes, of course you can come to the 2p party!!! :-))

The link below to Corporate Synergy broker's "strong buy" recommendation for MOI has not been posted on this thread as far as I know.

http://timesonline.hemscott.com/servlet/HsPublic?context=timesonline&path=compfund&service=getSummaryDetails&companyid=4278

Thanks for planting that seed, Gromore :)
Abbot trades on PE 26x (IC this week), other 'peers' in 16-25x range.

The timing of the broker's strong buy on 16/09/05 would suggest that CS are expecting the results to be very favourable otherwise they will have to wipe a great deal of omlette(Owl hope you don't find the egg thing offensive) from their faces.

gromore,

What are your expectations for sp these days?

Strong buy, eh? No matter how much profit I make over the next couple of weeks I am determind to keep my finger OFF the sell button. I'm going for the big bucks!!!!

Me too Chrissie. Had healthy profit on SEO, but cost 16k by selling too early. It won't happen again. I'd also like to pay tax at 10% in 2007 (one of the benefits of holding AIM shares). If I sell nowish, it'll be 40%!

Chrissie, you really are sleepless 1.49am!!

Just did some dummy trades with Barclays. Got quoted 0.55p for buy AND the same price for sell. Odd.

Indeed, squaregain quote 0.55p to buy and sell for 1 million shares
on both.

MMs obviously have at last realised their debt to society and are trading at nil spread! lollhah!!!!

sd

Still a zero spread so impossible to say if people are buying or selling to day. I guess they are buys since the MM's are quick to drop the bid after a few consecutive sells - be-kind-to-the-punter day or not!

So results tomorrow then. Regardless of how the sp performs tomorrrow I'm in this for at least another 18months (2 years in total at least). This is a good recovery stock, as I'm sure we will find out in the Chairmans statement tomorrow. I am sure it will show a positive outlook and that the company is going from strength to strength.

Good luck everyone! :-)