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.

another board change. seems like this is almost a different board to the one in charge at the start of the year.

aye , not looking too hot.

Not a bad thing at all! The expertise of this board looks very capable of taking Mos Int to the next level, PW has chosen an excellent team with the right men in the right jobs........Onwards and upwards!

Quick fly past!
Just got City Equities newsletter. They're still fairly positive on MOI - expecting funds to translate to cash shortly. No news from IC yet - lots about MS International but not MOS International - prhaps they got mixed up? Will ring again. Interesting board & non-executive changes. I guess Stuart Pearson will still remain heavily linked to MOS via Crown. One benefit of MOI taking so long to move, is that if this does move significantly we won't need to wait long to get the tax advantages !!! The best sign we'll get is if Directors buy significant chunks of shares after the closed season & within a month or so of the results (due by end Sept, but expected during Aug)...
Chrissie.. have you been in touch with Bankside recently?? I heard a rumour there is some activity on them redoing the MOS web site.

MoneyWeek magazine has a leading article by James Ferguson on buying shovels, not mines, for the new commodities extraction boom. He talks about the big boys like Caterpillar, but there must also be a trickle down effect to the smaller operators like MOI.

Greetings Owl! I too received the City Equities newsletter but was too much occupied by how often they have called me to sell me "exciting" stock I can buy on-line at their bid price to remark that they were still plugging MOI. Do you rate them?

We're all being very patient here, but it must be nearly time for PW to reveal to us mortals that he has made some good progress with securing firm orders after the suuccess of his radcial restructuring of the company.

sd

Hi Owl

No, not been in touch recently but will give them a call next week to find out about the Mos Int website. Hope they are sorting it out as in bad need of an update.

just seen this. is p wood taking his eye off the ball? he seems to have been very busy with these guys.

AGM STATEMENT

At today's Annual General Meeting of Crown Corporation ('Crown' or 'the
Company'), the AIM-listed investment company, the Acting Chairman, Stuart
Pearson made the following statement.

'I would like to comment on our current position and our strategy.

OUR ASSETS

Philip Wood and I visited Brazil two weeks ago and obtained the verifications we
required in respect of our cash deposits. We issued a Press Announcement to that
effect on 19th July 2005.

We have some work to do in finalising the formalities of the bank accounts as we
are new signatories, such as the verification procedures necessary because we
are foreign depositors and we have a name change to register with the bank.

As of today, all our share capital comprises common-shares and I will re-iterate
in response to enquiries we have received that our founders shares are agreed to
be converted into common shares and resolution 9 formally approves that
agreement.

I present to the meeting a Pro forma Balance Sheet and from this you will see
that our net assets are in excess of 350m. We have approximately 155 million
shares in issue, which equates to 225p per share. Our deposits are earning
interest at 7.5% per annum, equivalent to 25m per annum. At the closing mid
market price on the London Stock Exchange of 62.5p on Friday 22nd July 2005, our
market capitalisation was 97million.

STRATEGY

Our strategy is both simple and broad and has not basically changed from the
strategy outlined in our Prospectus issued upon Admission to AIM.

We intend to invest in high growth businesses, generally through a majority
stake, but not always, and then assist those businesses to grow. We plan to exit
our investments through flotation or trade sale. If flotation is the chosen
route, it is unlikely we shall exit completely.

To help us achieve this, we are actively looking to strengthen our Board and
management team'.

Post the authorisation at the AGM the name of the Company will be changed to
Langbar International Limited.

For further information, please contact: 25th July 2005

Crown Corporation Limited Tel: 00 44 (0) 113 284 3838
Stuart Pearson, Chief Executive

Bankside Consultants Tel: 00 44 (0) 20 7367 8888
Michael Padley / Susan Scott


Further information on Crown Corporation is available on its website:

www.crowncorporation.com



CROWN
CORPORATION


UNAUDITED PROFORMA BALANCE AS AT 30 JUNE 2005

000's

Fixed Assets 6

Investments note 1 1,000

Current Assets

Debtors note 2 1,000

Cash Deposits note 3 360,000
_______

Total Assets 362,006


Short term creditors 806

Long term creditors 8,500
-----

9,306
_______

352,700
_______


Share capital 100

Reserves - non distributable 332,500

- distributable 20,100
_______

352,700
_______

Assumptions

(1) Audited Balance Sheet as at 31 December 2004
(2) Acquisition of Langbar Capital Limited
(3) Acquisition of Crown Pharma cash deposits


Note 1 000

400,000 Global Advertisement research Corp USA 400
1,500,000 Global Consulting AG Inc USA 600

Other assets

500,000 options Zander Corporation Ltd UK
5,000,000 options MOS International plc UK
800,000 options Real Affinity plc UK
_____
1,000
_____

Note 2

Prepayments, sundry debtors 400
Overdue Promissory Note 600
_____
1,000
_____

Note 3

Term Dollar Deposits maturing Dec 2009
Interest: 7.5% 360,000

SD: Re City Index - recommendations good IMO, timing very off. 3/3 are below the price they recommended over last 2 years - not good sign.
Chrissie: thanks. Good news on the way (hopefully!) and good to know CCO's cash is in tact!

Relief to see that CCO are everything they're supposed to be. Cannot understand MOI hitting new lows but I feel it's only a question of time (and not much time) before we see the joint venture bringing home the bacon.

I really hope so because MOI is stumbling from one new low to the next. This much-awaited good news had better be awesome otherwise we're all going to hell in a handcart.

better bring out your dead!!!!

We'll have a much clearer picture in August/Sept when results are published. I happen to think that we will hear of contracts already won and more in the pipeline. i also believe that the outlook will be extremely positive. The board cannot understand this low sp and neither can I (even accounting for dilution). I also think we will see director buying when results are published.

I cant see the results being anything other than extremely positive, without MOS getting in trouble for misleading investors, re. board could not understand fall in sp.

fair point chad

Yes, very fair point chad.

Owl

Have you heard anything from IC ? Surely they should be doing a follow up on comments made last year. Maybe they're waiting for results or a trading update??

British Bulls have a Confirm Buy
cyril

Chrissie:
Nothing yet despite regular chasing. Think you're right re timing...so by end Sept then ;)

Anyone think that this company can turn things round? - Bought in recently thinking it was cheap and that their partnership with CCO would pay dividends. Was I foolish?

No more so than many of us!

veludo,

I'm as fed up as you are but I can definitely see these turning round in the next couple of months.