Fisher (james) & Sons Share Discussion Threads

[redface] 27/12/2014 19:30

Recommended in Times today as a share for 2015.

[roddiemac2] 23/12/2014 19:12

dlku,

The falling oil price is unlikely to dent FSJ`s business .

roddiemac2 3 Dec'14 - 18:08 - 1354 of 1369 1 0 edit

ONJohn,

very few , if any , of FSJ`s activities are affected by the oil price . The company is going from strength to strength, but there is possibly an erroneous perception in the market about the affect of the oil price on the business. Our job is to distinguish between perception and fact, and profit accordingly.

[dlku] 23/12/2014 14:59

reliance on oil

[roddiemac2] 23/12/2014 14:51

Long term holders will be rewarded here. There is ,to my mind ,a greater certainty of FSJ doing well than there ever has been in the past, and that is saying something.

A share to hold for life ---?

[rivaldo] 23/12/2014 07:30

New contract win....



"Fendercare Marine Diving Services to provide offshore installation services
By Laura Stackhouse | Industry | Mon, 22 Dec 2014 - 12:00 GMT

Fendercare Marine Diving Services (FMDS) has been contracted to provide significant diving services and equipment for an offshore installation in Liverpool Bay, UK.

The Liverpool Bay Development comprises four oil and gas fields, together with significant offshore and onshore facilities used for extracting, transporting and processing these reserves.

etc"

[rivaldo] 22/12/2014 08:13

The Share Centre this weekend tipped 6 stocks for 2015 - and FSJ is the first choice:



"James Fisher

Admans said: “James Fisher provides a range of marine specialist services which can be integrated into contract packages for oil rigs, wind farms, transporting oil, wharf operations and marine equipment, creating an expertise and limiting competition. It is an investment idea for growth investors, looking for a company that provides niche services around the globe.”

“The group has benefited from contract wins with oil companies not only in the North Sea region, but also Africa, Asia and South America. Furthermore, the decline in the oil price is not expected to impact trading at the group’s offshore oil division, as the majority of work is linked to maintenance and production, rather than exploration.”

“Directors recently bought shares and an improving cash flow could have the potential to boost dividend growth. We are keen to highlight the long-term attractions of the company and recommend them as a ‘buy’ for investors in 2015.”"

[rivaldo] 18/12/2014 10:20

RNS re winning a £150m consortium contract award :o)) Nice secure income through to 2017...

Great news....



"James Fisher Nuclear awarded major decommissioning contract

James Fisher and Sons plc (FSJ.L) ("JFS") today announces that a consortium of which its subsidiary James Fisher Nuclear ("JFN") is part, has been awarded a £150m decommissioning contract by Sellafield Limited. The consortium is led by M+W Group and the contract is for the design and delivery of a purpose built nuclear waste store and the construction of a new Direct Import Facility to handle radioactive waste. The project will commence this year and is scheduled for completion in 2017. JFN represents 25% of the value of the consortium.

Nick Henry, Chief Executive Officer of JFS, said:

"The award of this contract is testament to our specific design expertise in remote handling for the nuclear industry and demonstrates that James Fisher Nuclear has become a specialist tier 2 supplier to the UK nuclear industry. We look forward to working with M+W as the beginning of a strategic partnership.""

[roddiemac2] 09/12/2014 16:08

OnJohn,

There is little point in making bald statements.You need to back what you say with something resembling logic. We are used to sensible discussion and argument on this board.

[apad] 09/12/2014 11:18

Agree about the market accepting FSJ's statement.
HTG well on the way to 3.5% yield.

apad

[eggbaconandbubble] 09/12/2014 10:46

I guess there are a few who jump ship in other oil service companies and look to load up here instead. Maybe!

[tintin82] 09/12/2014 10:28

You only have to look at the share price comparred to other service providers in the industry to see that the market believes FSJ and has confidence in the strong management.

[onjohn] 09/12/2014 09:50

its not impacted until its impacted and then the price is £8

[roddiemac2] 09/12/2014 09:48

OnJohn,

Hope is not an investment strategy; knowledge and understanding is.The company has clearly stated that their Offshore oil business is not affected by the current hysteria re. the oil price

[onjohn] 08/12/2014 18:12

hope it doesnt warn like petrofac

[apad] 05/12/2014 16:59

Mr. M has recognised this and FSJ has bounced back more than the engineering companies that are directly linked……………;……damn-it:-)
apad

[onjohn] 05/12/2014 16:47

indeed roddiemax

[emeraldzebra] 05/12/2014 08:53

think we should be back in the mid 12's moderately soon. hope so.

[roddiemac2] 03/12/2014 18:08

ONJohn,

very few , if any , of FSJ`s activities are affected by the oil price . The company is going from strength to strength, but there is possibly an erroneous perception in the market about the affect of the oil price on the business. Our job is to distinguish between perception and fact, and profit accordingly.

[onjohn] 03/12/2014 17:53

contango activity is certainly linked to oil price

[roddiemac2] 03/12/2014 17:51

ONJohn,

In view of what the company has said recently. , and the fact that the CEO`s wife bought about £ 40,000 worth , I think there is little or no risk. Most activity is NOT linked to the oil price.

[onjohn] 03/12/2014 15:35

risk of a profit warning given most activity is linked to oil price

[roddiemac2] 03/12/2014 14:35

Schroders holding since 2005----approximately--

at August 2005---17%---share price 350p.
September 2007---14.87%----------- 627p.
November 2007---13%---------------638p ( went to 719p in early November )
January 2008---11%---------------554p.
the holding went as low as 9% at one point before they started adding again--
January 2009---10.36%-------------355p
January 2009---11.28%-------------355p
March 2009---12%---------------

The holding has been fairly constant since.

[roddiemac2] 03/12/2014 14:09

Schroders sold 1.2 million shares( about 2.4% )up to 28/10. They have been invested for all the time I have been invested , but they have successfully top lopped or added on several occasions during that period , notably not long before the credit crunch: very shrewd.

[roddiemac2] 03/12/2014 14:09

Schroders sold 1.2 million shares( about 2.4% )up to 28/10. They have been invested for all the time I have been invested , but they have successfully top lopped or added on several occasions during that period , notably not long before the credit crunch: very shrewd.

[eggbaconandbubble] 03/12/2014 13:51

PS. Just put Weir in my 'Keep an eye on ' monitor list!!! ;-)