Fisher (james) & Sons Share Discussion Threads

[battlebus2] 23/12/2013 08:42

Thanks Rivaldo for your superb research on FSJ throughout the entire year.
Have a great Christmas Riv and all holders.

[rivaldo] 23/12/2013 08:40

There's a useful 14 page Company Update from City Insights on FSJ dated 7th November here which I hadn't seen before:

[rivaldo] 22/12/2013 10:04

FSJ's Strainstall innovating again:

hxxp://www.strainstall.com/news-and-media/news/strainstall-launches-updated-bridgewatch-data-management-software/

"Strainstall launches updated BridgeWatch® data management software

Strainstall has recently introduced an updated version of its innovative BridgeWatch® software, complete with a new-look website.BridgeWatch® eye logo

BridgeWatch® provides the ultimate solution for convenient and reliable management and presentation of your structural monitoring data and information.

With web-based, real-time access, you can track your data on multiple platforms – be it PC, tablet or mobile.

Born with bridge monitoring data in mind, BridgeWatch® is totally suited to all structural monitoring needs. Applications currently served include bridges, tunnels, wind turbines and construction activities.

Among other projects, Strainstall will supply its BridgeWatch® software for the data monitoring and processing of the Forth Replacement Crossing, for which Strainstall will supply the crucial structural health monitoring package of services and technology.

Backed by a dedicated team of experienced professionals, BridgeWatch® can provide a comprehensive suite of web accessible tools providing real-time information on structures as well as archiving of data recording throughout service life."

[scottishfield] 17/12/2013 13:59

Yes, very nice riv

[rivaldo] 17/12/2013 09:24

Good PR for FSJ:



"12 December 2013
Robotic arm to help decommission UK nuclear sites

During the 1950s and 1960s when many nuclear power stations were built, engineers worked with an imperative of getting it done. The speed of technology development was the driving force and any thought of potential difficulty when it came to disposal was put to one side...

.....Earlier this year, James Fisher Nuclear delivered a manipulator arm, dubbed Moduman 100, to a test facility in West Cumbria. The Energy Act 2004 saw the Government set up the Nuclear Decommissioning Authority (NDA) to deal specifically with the nuclear legacy and manage the decommissioning process.

It became clear that some elements would be better served using robotics so James Fisher Nuclear (JFN), which specialise in engineering equipment for challenging environments, designed and delivered a remote handling system to assist in the decommissioning process.

"We have a history of developing remote handling solutions for remote inspection, particularly for harsh environments, and with a focus on the nuclear industry," says Dr Carwyn Jones, systems data manager at James Fisher Nuclear. "There are large amounts of waste to process and that is challenging because of the age of the systems involved.

"A lot of the decommissioning is low level radiation, with restricted access however there is a need for a manipulator, to deal with that higher dose waste."

JFN wanted to design a manipulator arm that it could launch through standard through-wall tubes; a common method used to access areas where there is suspected high levels of radiation. These are usually between 250-270mm in diameter, which set in place an initial restraint for the team in terms of the manipulators arm diameter.

The difficulty and investment involved in making the Moduman, as well as its flexible operating nature, made JFN take the approach of developing it as a product that could be subsequently applied to other nuclear facilities in both UK and overseas. The flexibility of the system means it can also be mast mounted or attached to a remotely operated vehicle (ROV) for tasks such as future plant maintenance and inspection duties."

"The flexibility of the control system really is allowing engineers today cope with the challenges of nuclear decommissioning and answers calls of safe disposal at all time with minimal risk to those working on site."

[battlebus2] 11/12/2013 18:57

Yes great to hold the 1200p.

[rivaldo] 11/12/2013 14:29

...and buying now at above 1220p.

[rivaldo] 10/12/2013 23:23

Lovely finish with a series of buys at 1200p and above.

[rivaldo] 09/12/2013 12:23

Hope so bb2. The latest Panmure forecast is 73.3p EPS for the coming year. A P/E of 15.5 for a fast-growing world leader in its sector with huge prospects isn't expensive imo - a 1500p share price for a P/E of 20 is possible in early/mid 2014 imho assuming markets stay stable.

And it's also possible that FSJ could beat forecasts this year, giving rise to upgrades for 2014, given the bullish trading update last month.

[battlebus2] 09/12/2013 08:43

Yes on to new highs, 1200 before 2014?

[rivaldo] 09/12/2013 08:42

Nice start to the week - almost 3k shares bought at 1177.28p just now.

[rivaldo] 06/12/2013 08:08

New highs now.

News dated 28th November:



"Strainstall launches updated BridgeWatch® data management software

Strainstall has recently introduced an updated version of its innovative BridgeWatch® software, complete with a new-look website.BridgeWatch® eye logo

BridgeWatch® provides the ultimate solution for convenient and reliable management and presentation of your structural monitoring data and information.

With web-based, real-time access, you can track your data on multiple platforms – be it PC, tablet or mobile.

Born with bridge monitoring data in mind, BridgeWatch® is totally suited to all structural monitoring needs. Applications currently served include bridges, tunnels, wind turbines and construction activities.

Among other projects, Strainstall will supply its BridgeWatch® software for the data monitoring and processing of the Forth Replacement Crossing, for which Strainstall will supply the crucial structural health monitoring package of services and technology.

Backed by a dedicated team of experienced professionals, BridgeWatch® can provide a comprehensive suite of web accessible tools providing real-time information on structures as well as archiving of data recording throughout service life."

[roddiemac2] 04/12/2013 16:50

The Company was notified on 4 December 2013 that on that date Mr Charles Rice, the Chairman of the Company, purchased 836 Ordinary Shares of 25p each in the Company pursuant to a Trading Plan entered into on 7 March 2013 with Investec Bank plc. The price paid for the shares was 1150p per share.
He now holds 12,219 shares.

[rivaldo] 04/12/2013 12:04

Similar story today Roddie - larger single O (i.e "real" buys!) trades punctuated by loads of small AT robot trades.

Good to see 1,623 shares just bought at 1163.52p.

[roddiemac2] 04/12/2013 11:17

rivaldo

Not a typical day`s trading yesterday: ADVFN showed 81 trades totalling 10,080:-- 80 of these were predominantly very small , the penultimate of which was for 7 shares at 1143p. The last trade was an uncrossing trade for 4,625 shares at 1162p:
the other 5,475 shares being the total of no less than 80 trades.

Clearly larger buying has the potential to shift the shares upwards.

Presumably many of the small trades represent short term trading activity.

[rivaldo] 04/12/2013 08:08

Lovely close last night - new highs now.

[rivaldo] 03/12/2013 10:28

Good PR for FSJ's underwater submersible in Australia:



"Australia Navy Stage Submarine Escape Exercise
MarineLink.com
Friday, November 29, 2013

An intensive three week submarine escape and rescue exercise has drawn to a close off the east coast of Australia.

During Exercise BLACK CARILLON 2013, members of Navy’'s Submarine Force simulated being evacuated from HMAS Farncomb, which was bottomed in 112 metres of water, in the James Fisher Rescue Service LR5 submersible.

The 21.5 tonne submersible was then lifted onto the deck of a rescue vessel, where its passengers were transferred into decompression chambers without being exposed to the outside air pressure.

etc"

[rivaldo] 27/11/2013 09:24

Yet another new product from FSJ:



"Fendercare subsidiary Scotload launches new safer lifting load measurement technology
13 November 2013

Fendercare subsidiary Scotload announces the launch of SmartLoad, a new load measurement device designed for safe lifting and increased protection for the operator.

Designed by the Scotload team in Aberdeen, UK using their accumulated experience and knowledge in conjunction with extensive market research, the SmartLoad load measurement technology will be exhibited in November at the Liftex 2013 exhibition in Bolton.

SmartLoad has a unique data recording ability that offers increased safety and data verification during lifting operations. The simple logging facility ensures accurate and efficient fleet and asset management, protecting the owner's investment and providing a correct log of all operations.

SmartLoad eliminates any doubt that may arise over potential overloading during operation while protecting the owner against any risk of litigation.

Key features of SmartLoad load measurement technology include an internal transportable memory that records usage and an internal event logger that stamps date, time and any overload event. Multiple units can be displayed on one handset with both sum and average loads displayed, making it ideal for multi-point load testing.

SmartLoad can suit any custom application as new software can be transferred to the unit at the touch of a button. The flexibility of the software and design of the product permit a simple quick retrofit of existing equipment currently in use to upgrade to this new industry standard.

According to Scotload Sales Director Phil Shaw, the SmartLoad is suitable for applications ranging from end-users performing load tests that require a detailed report, to companies operating a large hire fleet."

[rivaldo] 26/11/2013 08:20

This sounds extremely encouraging (and not only for selling to drug cartels!):



"Mini-submarine numbers are on the rise. United Arab Emirates Navy chief Rear Adm. Ibrahim al Musharrakh recently told the Gulf Naval Commanders Conference that Iranian midget submarines are an imminent threat they were looking to counter.

The growing potential of mini-subs was illustrated at the Defence Security Exhibition International show in London in September when British company James Fisher Defence created considerable interest with a range of small submersibles capable of transporting special forces on covert operations.

Company officials at the show reported heavy interest in the craft on the back of the recapitalization of naval special forces.

Drug smugglers are also known to use mini-subs to transport narcotics in places like Latin America."

[rivaldo] 17/11/2013 18:25

Yet more new products from FSJ:



"News
07 November 2013

James Fisher Renewables launches innovative Ship-to-Turbine™ oil change system

The UK's leading provider of marine services launches Ship-to-Turbine, an oil change system set to significantly improve efficiency and reduce down time in offshore wind turbine gearbox oil changes.

James Fisher Renewables, in partnership with Chemical Corporation, today announces the launch of an innovative oil transfer system for the direct extraction and refill of offshore wind gearbox oils directly from a conventional access vessel. The STT system employs proven vacuum, preheating and filtration technology to transfer the oil from a self-contained deck mounted unit, through umbilical hoses directly eliminating the need to fill and hoist containers via the nacelle crane.

In trials performed during late September on a operational wind farm off the Norfolk coast James Fisher Renewables successfully demonstrated the STT system by completing the entire evacuation, flushing and re-fill of the gear oil system in under 4 hours total pumping time.

The launch STT system builds on Chemical Corporation's success with Sage Oil Vac gear oil exchange pumping technology in onshore applications through the creation of a range of product variants specifically designed for offshore use in terms of oil volumes, oil types, umbilical lengths, ease of mobilisation and protection from the marine environment.

Commenting on the launch of the STT system, Alan Heslop at James Fisher added: "The current industry practices are not only extremely time consuming and labour intensive but also carry an inherent level of operational and pollution risk. Not only does the STT have the potential to significantly improve technician utilisation and reduce turbine down-time but also mitigates these risks in the methodologies we have developed."

Steve Stewart, operations director at Chemical Corporation, said: "We are delighted to be working in partnership with James Fisher Renewables in the development and application of this technology in the offshore wind sector. STT combines the best of Chemical Corporation's experience and knowledge of filtration, gear oils and Sage Oil Vac technology with the expertise of the UK's largest marine services provider."

James Fisher showcased the offshore gearbox oil change services at RenewableUK 2013's Annual Conference & Exhibition at NEC, Birmingham between the 5th - 7th November located externally in Atrium 3, Stand 26 and 27."

[scottishfield] 14/11/2013 11:50

Yes, plenty to go at rivaldo. V nice little update this morning.

[rivaldo] 14/11/2013 11:26

Investec have today upgraded FSJ to Buy, with an 1150p target (up from 1085p).

Since Investec have persistently been behind the curve, I'd suggest this realistically means a target of around 1250p-1300p :o))