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MOS International: (a new thread) Oil Engineers on the turnaround (MOI)     

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.

stockdog - 23 Oct 2005 15:14 - 833 of 890

Appreciate the depth of analysis in your post, SH

sd

SueHelen - 23 Oct 2005 16:12 - 834 of 890

Hi Stockdog...sorry please ignore my post.

There seems to be some new kid on the block with the alias mackem....who keeps popping over to my DMR thread for some reason. As he's new here he seems to be showing more enthusiam that he should.

Enjoy the rest of your day.

mackem - 23 Oct 2005 20:50 - 835 of 890

It worries me that this moneyam site will attract the attention of
pump and dump spammers such as suehelen or optimist23 as he is
known as on advfn, he is one of the main reasons that i no longer
post on advfn, moneyam is quiet but has respect as quality spam free
bulletin board but if this abusive pump and dump spammer is allowed to post
he could single handily ruin this bulletin board.
Advfn is a total farce, i think he has been banned over the weekend
but it's too easy to re-register as he has done to continue the spamming,
i will email Ian to express my concern that he will ruin this bulletin board.

SueHelen - 23 Oct 2005 20:57 - 836 of 890

Mackem...please I have been around on moneyam for more than 2 years now and you should go and see some of my threads here instead of trying to act the smart one.

I will continue to post on my threads the way I have even if means talking to myself....the problem lies when posters like you without chasing you appear on my threads and shout of the odds.

I don't like to boast about it...but you should go and see all my threads that I have had running here and see how everything works.

Do whatever pleases you...but I'm sure you started off throwing personal insults at me on my DMR thread on Friday with no apparent reason. It's all there. You could not display your sense of humour on the pictures that I posted on my thread.

mackem - 24 Oct 2005 11:52 - 837 of 890

Plenty of action today, i dont think it's insiders buying today,
i think some penny fans are having a punt before the AGM, big
shake today and now it's going back up as amongst the shake
trades the biggest was actually a buy at 0.38p.

SueHelen

You are in no position to argue a case, i and hundreds of others have
seen you operate on advfn, you buy a stock then you plague the stocks
threads with countless ramps and then still when nobody is touching it
you then spam the popular other advfn threads with more ramps, everybody
knows you are the shortest of short term trades and you are desperate to
get out of the hole you have fell in, i just hope you dont spoil this bb the same
way you do to advfn.

canary9 - 24 Oct 2005 12:17 - 838 of 890

MOS International PLC
24 October 2005

FOR IMMEDIATE RELEASE 24th October 2005

MOS INTERNATIONAL PLC

AGM Statement

Noble & Co appointed as Nomad & Broker

At the Annual General Meeting of MOS International plc ('the Company' or 'MOS')
held today, Philip Wood, the Chairman, made the following comments:

'The year has been one of further progress despite the disappointment of failing
to meet our turnover target for the year to June. This was due primarily to the
cash constraints that we operate under and the integration of the acquisitions
which took longer than anticipated.

'The orders have not been lost. The current order book stands at in excess of
10 million and the Board is very optimistic that significant new orders will be
secured in the not too distant future, in both divisions. Last week Patriot
secured their second order, valued at $575,000, for PEMEX, the Mexican state oil
company.

'Since the year end the rationalisation programme has been completed and the
business and the management team have been restructured. Both divisions are
working very well with efficiency levels approaching what we expect.

'I am very pleased to announce that we have appointed new advisers, Noble & Co,
who have agreed to become Nominated Adviser and Broker to the Company.

'As I said in the Annual Report, we have made great strides forward from a near
impossible position. We can now see the light at the end of the tunnel and we
view the future with optimism.'

ENDS

The Owl - 24 Oct 2005 14:48 - 839 of 890

..back from AGM. Lots to look forward to.
500k @0.38 top-up not shown yet.

TheMaster - 24 Oct 2005 14:57 - 840 of 890

Thanks Owl, will keep hold of my stock for now and wait and see

The Owl - 24 Oct 2005 15:36 - 841 of 890

TheMaster
Check next door as there's more reasons why you should.
Picked up rumour of 10% just taken by fund. I know who but best not say.

mackem - 24 Oct 2005 15:48 - 842 of 890

Thanks owl !

Buying on weakness is the key, i think 0.35p has gone now not
to return, wont be buying more unless they shake, happy with
what i've got but will add if that offer goes under 0.38 again.

The Owl - 24 Oct 2005 17:49 - 843 of 890

Chrissie et al.
Be encouraged. From the AGM, things are looking quite good.

Biggest surprise is NIM which 'appear' have some 5M already on books for 2006 for winches, and additional xM if they can staff & finance them for this year!
Remember we need some 7M t/o to capture a possible profit in 2006...so if we got only 3M from NIM & 4M from Patriot on net margin of 15% we could see 1M profit. But today PW indicated 'in excess of 10m as orders not lost'.

Still need more clarity on what's financed already, future orders to be financed & source for this etc. However, looking good again.
(ps any offboard questions will try to give you a yes/no/don't know from AGM. golden_owl@hotmail.com)

The Owl - 24 Oct 2005 20:00 - 844 of 890

Dunno how they get these figures, but just picked up from IC website:

Forecasts
Year Ending Sales (m) Pre-tax (m) EPS P/E PEG EPS Grth. Div Yield
31-Mar-06 14.80 0.40 0.03p 12.0 n/a n/a n/a 0.0%
31-Mar-07 17.50 1.29 0.08p 4.5 0.0 +167% n/a 0.0%

chrissie - 24 Oct 2005 20:18 - 845 of 890

Thanks Owl for all the info from the AGM (on otherside too). Watch out for bird flu won't you cos I don't know what we'd do without you. Then again owls are much wiser than parrots! :-)

The Owl - 24 Oct 2005 20:25 - 846 of 890

Name + epic change in coupla days.
New name registered 2mins central Leeds station - better for Newcastle, London, International etc than Shipley.

The Owl - 26 Oct 2005 11:25 - 847 of 890

Last buy 525k @0.3565. Crazy price given newsflow we expect.
Flying off till December.
Best of luck all...

The Owl - 26 Oct 2005 12:02 - 848 of 890

:

The Owl - 26 Oct 2005 17:10 - 849 of 890

Off till Christmas.
Good news soon. Good luck all.

stockdog - 26 Oct 2005 20:13 - 850 of 890

Enjoy the trip, you fly-by-night!

sd

mackem - 26 Oct 2005 23:33 - 851 of 890

Nothing has changed really but problem with this stock is the
persistant selling way under the bid price quoted, there's only
so much stock sold that the mm's can find a new home for and
for weeks now there's million+ trades that are sold at a.02-0.05
discount which is making the market makers such easy money.
Today was first signs that this selling pressure is starting to really
hurt the share price, i think moi is extremely cheap but i cannot forcast
how low the shareprice can go whilst certain parties keep selling millions
way below the bid price ?

chrissie - 02 Nov 2005 09:12 - 852 of 890

We should hear about new ticker soon probably next week. I think we will also start to hear about new contracts won, once the new name is up and running. I think we will see the share price start to move up before Christmas and then they'll be no looking back. In effect we will have a new company, leaner and fitter than the last one and a good solid management team to take it onwards and upwards. The Chairman has invested 700k of his own money @ .4p. He's the one who knows most about the company so I take that as a very good sign. I think that once this all gets going with new name and contracts won, it could move to 2p very quickly. Good luck to to all!
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