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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.

blinger - 04 Nov 2005 19:26 - 860 of 890

Goodness me look who is here?

Yep we have a good leader prepared tp put 300k in, whether he will ever get it back?

Fairplay= I have lost >5k over the years in this share, pay-back time ??

chrissie - 04 Nov 2005 21:15 - 861 of 890

bllinger,

Hope it's payback time for all of us. The Chairman invested 700k a couple of weeks ago and has now stumped up a 300k loan. As I keep on saying he is the one who knows most about the company....be daft not to follow him.

Next week the company gets a new name and a new ticker Global Marine Energy GME. We start with a new slate and the only news under the new name will be GOOD NEWS!!!!!!

chrissie - 04 Nov 2005 21:23 - 862 of 890

We will need someone to start a new thread under the new name when it happens. Any volunteers ? Would love to see Owl do it or Spectrum. Come on Owl, come back and run our new thread P L E A S E !!!!!!!!!!

belisce6 - 05 Nov 2005 12:17 - 863 of 890

not sure where this fits in, or if it has already been mentioned here before.....

http://www.rigzone.com/news/article.asp?a_id=26332

blinger - 05 Nov 2005 18:47 - 864 of 890

Right on Chrissie!!!!

chrissie - 08 Nov 2005 17:12 - 865 of 890

Tick tock....tick tock....tick tock

blinger - 08 Nov 2005 18:47 - 866 of 890

Well lets say one ` tick` for now

lol.

chrissie - 09 Nov 2005 03:06 - 867 of 890

blinger

I'm getting a bit impatient. Wish I could fast forward a few weeks, as I truely believe all will be well by then.

chrissie - 09 Nov 2005 03:08 - 868 of 890

When we have a brand new thread, shall we have one with flashy charts and graphs? Also, we need a nice catchy header for Global Marine Energy.

chrissie - 09 Nov 2005 17:04 - 869 of 890

Off for a break, be back when name change comes through. Good news will follow soon after name change. Good luck all!

blinger - 09 Nov 2005 20:31 - 870 of 890

Can`t get much worse Chrissie, hopefully!
g`luck

Douggie - 10 Nov 2005 17:13 - 871 of 890

Hi chrissie ........your missed over at CYH..........good wishes here D.

The Owl - 11 Nov 2005 13:24 - 872 of 890

Couldn't resist at these prices. 1.5M and some for Sipp too.
How low can she go?!

The Owl - 11 Nov 2005 14:16 - 873 of 890

From now on, no one use the name MOI, Mos International or variants thereof.

Name changed Companies House yesterday (10th November). We're officially Global Marine Energy.

Out with the old, in with the new. Welcome to Global Marine!

The Owl - 11 Nov 2005 15:02 - 874 of 890

:

blinger - 11 Nov 2005 20:49 - 875 of 890

Right on!!!!!!!!!

chrissie - 12 Nov 2005 00:41 - 876 of 890

Hi Douggie,

Very best wishes to you too!

chrissie - 12 Nov 2005 00:51 - 877 of 890

Hi Owl,

Hope you enjoyed your break. We need someone to start a new thread with new name and ticker.......would it be possible for you to do it please? Spectrum runs an excellent thread on the otherside but I think he will be too busy to do one here as well. However would be great to have a thread with charts etc as Global Marine Energy deserves the very best! ...C'mon Owl.......

If not, anyone else fancy stepping up to the plate? Spectrum, Gromore ? Anyone?

chrissie - 14 Nov 2005 00:03 - 878 of 890

Wow! I see the new thread on the other side is up and running and looking mighty impressive. I see you've had some imput Owl...

The Owl - 14 Nov 2005 21:55 - 879 of 890

:) Maybe - in this till 2006/2007 after all. Any particular incentives that might just swing it ?
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