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.

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...

SD, Chrissie.
Look at the PMH share price - hit $1.50 today on down oil & down day!!
What does that make MOS worth (they have 86% I think)??

I know Owl....it's looking mighty good! Wish I could afford to buy more but I can't so will have to make do with what I have and praying like mad for 5p - 10p. Hey if it's the latter you'll be a millionaire !!!!!! .....Maybe you're one already??!!! You wise old owl...

Nope, Chrissie - no-where near ...yet!

Make too many mistakes. E.g Just took 375 in a day on GBPUSD - lovely setup, but poor stop management (i'm out of practice!) means just missed out on ~9,000! in 3 days. Unfortunately all too common! - getting wiser though, and have managed 60! trading oil (ok, so I'm new to commods - just a coupla contracts!!). Dreadful day trading - Long everything going yesterday, and far too exposed. Markets all tanked! Always seems to happen on Wednesdays! Oh well, tomorrow should be better.

Hey, less of the age thingy!! I'm only a touch older than you ;-)

ps why don't MOI/PMH list on Chinese, Brazilian, Mexican, main US exchanges? That's where all their business is, and nothing's been reported from the UK for years - despite once having some big names... wonder if they've thought of that?

Owl

I'm telling you, MOI will see you well on the way to being a millionaire....this time next year Rodders!!! As these really could get up to 10p during the next couple of years. Right business, right time etc etc and since PW put his hand in his pocket I am more confident than ever!

Apparently Mos are in Investors Chronicle today! Well done!!

I agree Chrissie - I'm not bothered about the drops from time to time.

By the way - things happening at LGB. See today's rule 8 Notices on next doors thread.


Spoke to IC - they say (again!) they're moving MOS to top of their list!!

Have a great weekend - it's been a tough week all round in these markets :).

Saw your posts on advfn Owl....Excellent!

Right business, right time!

Think you mean this one...?
'The Business' Article 'Drilling for Oil starts to pay as price soars' (p9)
- Searching for oil has become one of most profitable things anybody can do.
- Study by Wood Mckenzie (oil consultants) found that oil companises could make 20% returns for every dollar ploughed into exploration assuming oil at $40 pb
- Even worst out of 28 top firms would have made 12%
- In last 10 years, 6 largest oil companies drilled fewer wells
- Slashed budgets in 1999 (as we know!) after oil collapsed to $10pb, even now not at 1998 levels
- Top 6 only account for 2/5ths oil exploration
- Companies only find half oil they need to replace supplies
- WM estimates to find all of it, they'd need to increase spending from $14bn to $40bn. They have spent 30% more since oil price climbed but almost everything swallowed by higher costs of manpower+equipment+services
- Given $85bn has been returned to shareholders $14bn does not seem heavy expenditure
- Even if exploration triples, it's unlikely to stop reserves declining
- After decade of cutbacks, not enough drilling rigs or engineers for even a doubling of exploration however much companies pay
- Investment in rigs on the rise - now 30 new rigs. Hardly enough to remove the bottleneck.

Does anyone else think it's strange that there has been nothing in the press regards Philip Woods investment of 750k ?

Is this due to bad PR by Bankside again ? Surely they should have briefed press regards the director placing AND reiterated that MOS International expect to see increased turnover and profit for year end March '06.

Probably bad PR - should have been in ypn.co.uk (local paper & elsewhere). Think I'll email them.

Chrissie
Rung & emailed...just for you :)

Thank you kind sir ..er...owl!

Which rung was that you emailed Owl? Mind your step on the way down!

Good idea, thank you.

sd

MOS International PLC
11 October 2005


MOS International plc

Additional Listing

Application has today been made for the admission of 16,452,781 shares to
trading on AIM. The shares have been issued pursuant to the conversion of 50000
of loan notes held by Montgomery. Dealings are expected to commence on 12
October 2005.