tonykreit1
- 18 Nov 2004 15:09
bosley
- 17 Mar 2005 18:59
- 80 of 113
andys ? was that your 20 000 000 sell this morning? if it wasnt , who's was it?
andysmith
- 17 Mar 2005 20:21
- 81 of 113
20,000,000 !! If only!!
bosley
- 23 Mar 2005 13:21
- 82 of 113
who is wendy larkin?
MOS was advised today that following some recent sales of ordinary shares, Wendy
Larkin is now interested in 36,150,000 representing 3.55% of the Company's share capital
andysmith
- 23 Mar 2005 13:34
- 83 of 113
Don't know, suppose depends how much she sold, at what profit and why.
Let's hope its to take some profit before end of tax year 04/05 because she will make so much next year!!!
queen1
- 23 Mar 2005 18:54
- 84 of 113
Well, so much for the sp surge in the run up to the results. It's more like an asthmatic turtle sliding down a gently sloping incline...
g64946
- 23 Mar 2005 20:05
- 85 of 113
Indeed - after the little bounce at the end of Feb it does seem to have gone back into hibernation!
The restructuring all seems to have been put in place at the backend of last year & the order book was supposed to be strong, so hopefully the results will reflect these noises. Sales of 10m were mentioned for y/e 31/3/05, so time will tell...
Any idea of the date for results?
chad
- 24 Mar 2005 09:32
- 86 of 113
31st March- Year End.
g64946
- 24 Mar 2005 15:17
- 87 of 113
Ticked up a little today at last, 3% or so
chad
- 24 Mar 2005 17:36
- 88 of 113
shouldnt be long now til this one gets motoring.
bosley
- 24 Mar 2005 20:24
- 89 of 113
finally , something! good volume and a bit of blue to boot! if year end is 31 march, then i'm guessing results will be .....june??
chad
- 01 Apr 2005 19:09
- 90 of 113
Shouldn't we be getting some newsflow on these sometime soon?
paulgrip
- 06 Apr 2005 14:53
- 91 of 113
Can anyone confirm the sp of MOI...my screen is showing 0.0063 down 25% with 100,000,000 shares traded...hopefully my screen is wrong???? but the bid is still .78 and ask is .90? any clues?
paulgrip
- 06 Apr 2005 15:07
- 92 of 113
I just rang up the London Stock Exchange...they said it was an Agency Cross for 100,000,000 shares at a price 0.0063. With the ask still at 0.009, hopefully the price will come back pretty quickly!
bosley
- 06 Apr 2005 18:35
- 93 of 113
whats an agency cross , and whats an "x" trade?
paulgrip
- 06 Apr 2005 22:23
- 94 of 113
Apparently it's two brokers agreeing a price independent of the market bid and ask price. I think if there is a willing buyer and seller, they can agree whatever price they want, but it still registers as a sell/buy?!?! Im still slightly confused!...I dont know what an "x" trade is?
g64946
- 07 Apr 2005 22:51
- 95 of 113
Heres the news to back up the transaction:
LONDON (AFX) - MOS International PLC said Elenora International Investments Ltd bought 100 mln ordinary shares of the company yesterday, or 9.83 pct of the issued share capital, following Jubilee Investment Trust PLC's disposal of its entire shareholding of 100 mln MOS shares.
chrissie
- 08 Apr 2005 04:30
- 96 of 113
Read about this one on advfn bb. wish I had loads of cash to spare as by all accounts this one is going to be a 10 bagger or so they say.Does anyone know where I can get a copy of the chairmans last statement,which was apparently issued with last results December I think. Someone on advfn has posted some extracts from that statement and I must say are very very bullish. I just wanted to check it out as I trust noone on these boards. this should move up in a few weeks time as although end of year was recently,the results won't be published for a couple of months yet so plenty of time for me to raise some cash.would be nice to be in something from the start for a change though.last week on the advfn moi thread there was a post of the week by some guy called gromore I think, who said that mos could be 9p somtime this year and gave reasons which seemed to be solid.something to do with turnover,profit,market cap etc.very very good.this week theirs another one about housten which is also good.I wont be around for next weeks or the week after so if somone could put thrm on here that would be great as it saves me trawling through for the good posts and they are very informative.
chrissie
- 08 Apr 2005 04:38
- 97 of 113
tonykreit1
would be good to get some good info over here like they have on advfn thread and a nice header and chart would be good.i look foward to getting some of these maybe i'll borrow a few quid.don't mean to offend this thread is much more active and nicer than the advfn one.must go have a plane to catch in a few hours.good luck
chad
- 11 Apr 2005 09:02
- 98 of 113
Here you go chrissie:
Chairman's Statement
The results for the half-year reflect the reorganisation costs and trading
difficulties the Group is incurring during the rationalisation programme.
However, turnover increased in the first half and has grown substantially in the
second. Order books are at record levels and tender enquiries high. Gross profit
for the six months was 653,782 (Year to March 2004: 703,024) and annual sales
are running at just under 10m, reflecting substantial growth.
The losses, for the period, include further write-downs of investment in
subsidiaries, slow moving stock write offs and non-recoverable debts. Whilst the
overall loss of 979,868 is disappointing, we have removed a significant amount
of fixed cost from the business and these results reflect not only the
write-downs but, unfortunately, the long-term nature of many employment
contracts, entered into under the previous management, the cost of which we are
still bearing. As a result we will not see the full benefit of the action we
have taken until the 2005/2006 financial year.
These non-recurring costs should run out over the next six months and the Group
will emerge leaner and fitter. Underlying confidence in all Group companies is
high because of the increased level of enquiries and orders. During the period,
we completed the acquisition of:
Ansell Jones, which was acquired in July to take the Group into marine and
defence products complementing our mechanical handling and cranes business.
Ansell Jones consisted of sales and marketing and two manufacturing facilities,
in Walsall and Paisley. These are presently being closed and we are bringing all
manufacturing into NIM Engineering in Newcastle. Further redundancy and closure
costs will result, in the second half, but the ongoing Ansell Jones business
should provide a worthwhile contribution next year. Ansell Jones has
consistently enjoyed annualised sales in excess of 4m, with a margin of 10%.
and Post Period we completed, having first announced agreement in May, the
acquisition of:
Patriot Cranes in Houston. This business has been merged with the existing MOS
Offshore business unit in Houston, Patriot Mechanical Handling. As well as
manufacturing its own handling units, Patriot provides a much-needed service and
repair facility for existing MOS installations in the USA and should help the
marketing of new equipment to the important US market. Patriot has enjoyed some
early success with the recently announced orders from the China National Oil
Company.
On finalisation of the current business plan and rationalisation programme, the
Group will operate two distinct divisions:
Offshore Equipment division comprising MOS Offshore in Shipley, MOS
International (Asia Pacific) Pte, a newly formed company, in Singapore and
Patriot in the USA
Handling & Access Equipment division comprising NIM Engineering, Newcastle,
Ansell Jones Limited in Walsall, Ansell Jones Paisley Limited, in Paisley and
Ansell Jones Cranes Limited in Shipley, with production centralised in
Newcastle.
The Group has expanded its network of agents and now has increased presence in
most of the energy and drilling markets in the World, including the Middle East,
Far East, US, South America and most recently North and West Africa. The Board
are currently investigating opportunities for representation in Russia and an
announcement will be made when appropriate.
Since the half-year end, we have also strengthened the Board by appointing
Stuart Pearson as a director. Stuart was, until recently, a corporate finance
partner at Baker Tilly, and he will oversee the financial aspects of our
rationalisation programme and assist us with the installation of new reporting
and management information systems. He is also highly experienced in merger and
acquisitions work and will assist the Group in both its organic expansion and
acquisition programme.
The Group raised further capital of 1.25m net shortly after the period under
review end and these funds will enable the Group to complete its rationalisation
programme. Shareholders have been very patient and supportive and your Board
continues to work very hard to ensure the faith shown by our shareholders is
justified. Whilst the last twelve months have been difficult we have made
substantial progress, fire-fighting is now at an end and we can concentrate on
building the business. The Directors remain ambitious and believe MOS can
deliver excellent returns to shareholders. The business in which we operate is a
long-term business and whilst current trading losses are frustrating for both
management and shareholders, the opportunities present should reward this
patience.
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.
P Philip Wood
Chairman 31st December 2004
chad
- 11 Apr 2005 09:07
- 99 of 113
From last December:
MOS INTERNATIONAL PLC
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.
The interim results will be announced on December 31st.
15th December 2004