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.

Thanks iturama. Difficult to understand the current MOI sp...still I can wait. As someone on the otherside said, this could suddenly 10 fold when true value is realised.

Still think we need need director buying to show confidence.

Chrissie,
just checked - nope, not in this week again!
I've finished my assignment today so I'm free again for a bit.
Will have time to call them next week.
Surprisingly strong buying today again. Had expected us to close the week at 0.35/0.37p level. Have a good weekend all - looks like might be going up again judging by PMHH share price.

...next door's gone into overdrive!!

...shh. V. quiet on here. ..BUT it's going UP. Blue day so far.

Don't think we have a thing to worry about, do you Owl?

Gosh, Chrissie! Where u been?
Things are looking good. PMH (US pinksheets!) going back up - now $1.30! :-)

Two commonly overlooked ratios (MOS 2005. Source: IC).
Return on Capital Employed (ROCE) = 1301.30% (Best ever!)
Turnover per share 0.37p (Best since 2003)

Great endorsement from the Chairman and at a very fair price.


MOS International plc

Issue of Equity

Chairman invests 700,000 in Company

MOS International plc, the oilfield services business, is pleased to announce
that it has placed 175,000,000 new ordinary shares of 0.025p at 0.40p per share
raising funds of 700,000. The funds raised will be used as additional working
capital for the Company.

This is a discount of 2.4% to the closing price on Friday 30th September 2005.

The monies have been invested by Philip Wood, Executive Chairman of MOS
International plc. Philip is now beneficially interested in 176,500,000 ordinary
shares representing 12.29% of the Company's issued share capital.

The placing is a related party transaction under the AIM Rules. The Directors of
the Company, other than Philip Wood, consider, having consulted with the
Company's nominated adviser, that the terms of the transaction are fair and
reasonable insofar as the Company's shareholders are concerned.

Application has been made for the admission of 175,000,000 new ordinary shares
to trading on the AIM market. The new ordinary shares will rank pari passu with
the existing ordinary shares of the Company and dealings in the new ordinary
shares are expected to commence on 7th October 2005.

5th October 2005

At last. The news we've all been waiting for - Chrissie don't put your clothes away just yet ;)

Pretty solid endorsement from a man who should know what he's doing. Should help us move back up towards the 200dma for starters.

sd

Looks fantastic - you don't buy that many unless you're certain of something!
Thing is what? ;)

Looks a good start, but not enough on its own. Mention made with annual results of efforts to raise 3.5M and Chairman has clearly put his own money where his mouth is - hopefully the rest will follow. Good news for holders - I will continue to watch, my quality play in the sector last 3 years being MTI, who have again produced strong results today.

It's 700k Partridge!
Expect to see news soon. Then we'll see why he's buying.
2006 is some way off, and we know there's been a first half loss, so he could have waited a couple of months at least - and bought (say) January as he did this year. Thing is a) why now? and b) Why so many?- 100k (20M) would have been more than enough - but he's gone for 700k (175M)!! - Got to be an order or takeover coming at that level...if you ask me it's gonna be LGB + order!!

Chrissie, you're in for a nice surprise.
175 Million PW purchase!!

Owl - sales 1.3M in year to March 2004 supported by working capital assets(stocks/debtors) 1.28M. Sales 4.6M year to March 2005 needed 3.27M.Without any cash profits, they funded this by increased trade credit and massive increase in amount owed in PAYE/NI. If sales in current year do rise to say 10M there is a further very large working capital need to fund, probably at least 3M and possibly quite a lot more. Only a small amount of this likely from profit and it is unlikely they will be getting enhanced trade credit when public knowledge that their bank has asked for its overdraft back (albeit at 25k per month). Also unlikely they will stretch the government much more. 700K very welcome and more than a drop in the ocean, but I guess daily cash pressures meant he did not have a lot of options if the business was not to fail for lack of cash. Not enough imo to buy them more than a couple of months, during which time hopefully the order book will encourage more funding. Genuinely wish you and other holders well, but please do not get carried away!

Partridge, I'm trying not too!
PMHH are a major part of MOS with a bigger CAp.
There's a 'rumour' (and it is just that) that PMH is to list on the Nasdaq at $4 (currently Pinksheets $1.28)...if you look pinksheets.com you'll see a recent sustained vol. increase (unusual for pinksheets companies). I think this may be where the funds come from - either that or LGB who must find investments (new rules on AIM re cash shells).
I don't think MOS would be liquidated due to the large orders with very big names,
nor do I think PW has used his cash to support the company - with other directorship's he doesn't need to...(All IMO).
If MOS was taken over, he could of course take a part - but that would be good for us too. Not over-confident - just optimistic.

Hi Owl

Well yes a nice surprise indeed!! I am very happy as I feel this is now the start of a substantial rise. 700k is an awful lot of money to put into one's own company and is a brilliant vote of confidence. Should also get some press out of this.

Thanks Owl - hope there is more good news for you soon.

just one of thosedays . but take alook at the bid and offer . some one is buying big time.thats for sure.

partridge - interesting detail on their w/cap needs - thanks

However, I would intepret a director putting in money to a high risk w/cap situation as more supportive . I don't think PW would put good money after bad, unless he was VERY confident that they will come out the other side of this current current asset pressure.

However, until we know what he has to announce (if anything) we wait and watch.

Why the big drop back today?

sd

sd
Drop is to do with MM activity.
Only long-term holders apply where MOS is concerned - it's not high enough to day-trade.

I have a load and don't mind if they fall - as long as they are up in Sept 2007.
If they do a Stanelco and rise from 6p-30p then drop to 15p within a year (point at which I sold them!), then the tax benefit from AIM shares isn't worth much! I'd rather we get a steady drift up on real & good news...which I think will be here within the month. In the meantime I'd suggest we enjoy this gem, and just play an 'observer' role till the world discovers MOI...