Fisher (james) & Sons Share Discussion Threads

[bouleversee] 15/1/2014 13:06

Really? I do hope not.

[tday] 15/1/2014 12:33

I have a gut feeling that FSJ, is going to be the subject of a takeover bid quite soon.

[rivaldo] 15/1/2014 09:03

New highs again.

News that FSJ are reducing their operating costs:



"Royston technology helps control bunker spending
12 Jan 2014

According to UK engine services company Royston Limited, in the current commercial environment, ship owners are actively looking for ways to reduce operating costs....

...One of the biggest factors affecting bunker consumption is the way in which an engine is run and this is why the Newcastle-based company developed its enginei fuel monitoring system. This technology provides a master with the data needed to run a ship's engines as efficiently as circumstances will allow while also sharing the same information with technical staff ashore.

The management of ship operator James Fisher Everard was among the first to recognise the need for fuel efficiency and in 2009 the company began a trial of the Royston system.....

.....The coastal clean products tanker Shannon Fisher was one of the first James Fisher Everard vessels to complete an installation of the enginei system. Built by Damen Shipyards in 2006, and powered by an MaK 8M25C four-stroke main engine, the ship regularly carries cargoes such as petrol and kerosene to destinations around Europe. In trials, a fuel consumption baseline was established before the installation of the enginei system which then used flow meters to monitor fuel consumption throughout the trial. By enabling the ship's master to operate at the most fuel efficient speeds it was found that the enginei installation indicated that he had achieved fuel savings of 4.5% when under ballast and 3% when loaded.

Following the success of the trial, enginei systems are now fitted to 13 clean products tankers in the company's fleet and David Whitehead, project manager for James Fisher Everard, said he was optimistic that enginei will benefit his company. "Now the system is up and running on the majority of targeted vessels, using the trend analysis we are able to monitor fuel consumption of the vessel to make comparisons between same class vessels on similar routing to identify potential savings in cost by tuning the power output of the main engine", he said.

etc"

[rivaldo] 13/1/2014 14:16

Nice bounce today.

And news of two new tankers being managed by FSJ:



"Twin oil tankers delivered by Damen Shipyards
January 9, 2014
By PennEnergy Editorial Staff

The Damen Double Hull Oil Tanker 8000 'Kestrel Fisher' was delivered end 2013 to Dutch managers De Opfeart Beheer. In a two-tanker deal, the Kestrel Fisher's sister vessel 'King Fisher' was delivered in June 2013. Both have been built by Damen Shipyards Bergum. The oil (product) tankers' names are a reference to James Fisher Everard Ltd, which have taken up their commercial management.

The 7,076 deadweight, 8,363 cubic metre tankers were christened at the DSB-yard in Harlingen where they were outfitted; their hulls were built by Damen Shipyards Galati, Romania. Referring to the vessels' trade, their lady sponsors, Mrs. Petra Gaensbacher for the 'King Fisher' and Mrs. Michelle Hartnup for the 'Kestrel Fisher', of the United Kingdom both work in the oil trading industry.

The vessels will dominantly carry gasoline, diesel oil, lubrication oil and jet fuels along the British Isles, the Continent and in Scandinavian and Baltic waters. James Fisher Everard holds a prominent position in this area. Whereas the company will operate the two new tankers on an open management basis, James Fisher has previously had two of its own tankers built by Damen Shipyards Bergum, the 'Shannon Fisher' and 'Solway Fisher', in 2006. With the fleet of oil tankers ranging from 3,000 to 14,000 tons the company is a full service provider to the oil industry.

etc"

[scottishfield] 10/1/2014 18:03

Wow, great day here I see.

[bouleversee] 09/1/2014 15:15

roddiemac-

Will check them out. Many thanks.

[roddiemac2] 09/1/2014 13:45

Boulversee , The first thing I look at is the markets the company addresses. If I can see opportunities there, I then look closer and try to assess if the company is well run and well financed. I am looking for companies that I can allocate quite large sums in .These days, I only invest in companies that have a good history; I will not invest in IPO`s; my age has a bearing on this decision.

You might try looking at a small company called Northbridge Industrial ( NBI). The shares did well last year, and I have just transferred some to my ISA ( a decision not taken lightly) The company is well run , and I like the markets they operate in . It is also easy to understand.

rivaldo`s Hangar 8 ( HGR8 ) looks interesting . The company looks to be taking advantage of a growing trend in the aviation industry.I am following the story ; it looks as if it could deliver strong growth in the near future. It would need watching , as there are many things that could affect their progress: early days.

[roddiemac2] 09/1/2014 09:49

Whilst you should always try to know all there is to know on any investment, holding a company for years facilitates this process; your knowledge and understanding grows with the company, making it easier to judge and analyse.

I think that it is mostly funds that limit themselves to one approach .

rivaldo, I will have a look at some of your other ideas.

[rivaldo] 09/1/2014 09:03

New highs now, with buying this morning at almost 1295p.

Interesting discussion chaps. I also hold quite a number of KENZ (and some SID to my chagrin). I find that if you hold a company for some years which performs consistently and rises steadily in a particular niche, that company often becomes more and more appreciated and highly rated, which has a snowball effect on its share price. FSJ is an obvious example of this, and ETO and RNWH are similar examples in my portfolio.

I'm hopeful that certain other of my stocks like ACM, CMS, HVN and HGR8 will undergo similar re-evaluations from their currently relatively low P/E's.

Other stocks I hold like GAME, VEC, IAE, CAR, GKP, GBO, SCE, DQE etc are new undiscovered IPOs, micro-caps, oilies or biotechs, tech stocks on high ratings etc etc, each with their own reason for currently high or low multiples but each with their own attractions. Personally I can't understand why investors limit themselves to one particular kind of investing - value, growth, income etc - but then perhaps that's a particularly good form of discipline which just doesn't work for me, so is my problem!

[roddiemac2] 08/1/2014 15:50

I added to my holding of KENZ, which has done a little better.

I have a very concentrated portfolio, with about 70% of my total sum invested in just three stocks( partly due to large gains, and partly due to a bigger allocation of funds ) . The remaining 30% is in Nine stocks. So far so good , but the risks are obvious.

Too many people damage their wealth by buying stocks solely to create a diversified portfolio . Someone somewhere wrote " Buying shares based only on diversification delivers average performance -just ask the fund managers "

I have had disasters, but only amongst my second division stocks: notably silverdell this year; this was never going to be a James Fisher.

I noticed your Fenner has come up some . I have not followed it closely in the last two years.

[bouleversee] 08/1/2014 14:45

Roddiemac -

What did you buy with the lop proceeds and has that done as well as Fisher since then?

[roddiemac2] 08/1/2014 13:58

Hello bouleversee,

I am in the same boat,happily. FSJ has all the hall marks of a company that is capable of making considerable progress from here. It is well managed, and operates in all the right markets . It has acquired some dynamic smaller businesses, and these should provide more growth.

This could be the stock you never have to sell: not many of those about.having said that, I did top lop some time ago.You have to try to be right for all eventualities.

[scottishfield] 08/1/2014 11:20

well done bouleversee, never easy to get it right.

[bouleversee] 08/1/2014 10:53

My family has now got far more of our money in this company, having held for several years and benefited from the increase in s.p., than in any other holdings. Advisors and newspapers say one should take gains or at least top slice but I can't think of anywhere better to put my money. I do make the mistake of falling in love with my winning shares. Is it safe to assume that they will continue to do well for the foreseeable future? There's not much of a dividend for income seekers which is why they don't feature much on discussion boards, TMF for instance.

[scottishfield] 08/1/2014 10:34

tks rivaldo

[rivaldo] 08/1/2014 10:33

FSJ are cited in this sector research report (yours for a mere £2,800 or so) - huge growth likely from the looks of it:



"Research and Markets: Airport & Marine Port Security Market 2013 - 2018"

"Despite the fact that transportation systems are usually inviolable, dependable, and more dynamic than ever before, compelling objections remain to assure the security of the port services that enable a flourishing network of international trade. The global port security market is estimated to grow from $22.28 billion in 2013 to $36.99 billion by 2018, at a Compound Annual Growth Rate (CAGR) of 10.7% from 2013 to 2018.

Transportation hubs engage millions of employees, visitors, crew members, contractors, lorry drivers, and rescue staff with access to protected areas at these locations. Identifying and inspecting these individuals while concurrently facilitating and supervising their access within these demanding air and seaport facilities is crucial to empower secure, proficient, and dependable worldwide trade.

There has been immense research for building comprehensive, efficient, and effective port security solutions. The port administration authorities are keen to inspect from people to particle that move across the ports. Governments have formed various regulatory associations and introduced security norms to benefit the coordination between port/facility security and state security/emergency agencies/services.

Surging threats on ports and necessity for sustaining the nations' business continuity are the key drivers for the port security business. The regional economies are experiencing high growth rates in air travel and international trade, which is thereby creating business opportunities for the port security industry. The upcoming new airports worldwide will create room for the port security systems.

etc"

[rivaldo] 07/1/2014 09:05

Encouraging to see FSJ utilising its knowledge to bring in further revenue streams by introducing new training courses:



"Monday, 06 January 2014 13:38
Fisher Offshore welcomes new training course"

"Fisher Offshore, in partnership with Ingersoll Rand, has announced it is now providing a unique introductory pneumatic winch course at its Aberdeenshire facility.

The programme aims to give offshore personnel valuable experience for working in the field, giving attendees an insight into the application, installation, testing, basic maintenance and trouble shooting of the Ingersoll Rand range of winches.

Fisher Offshore, a platinum level master distributor for Ingersoll Rand material handling equipment has developed the one day course due to an increase in demand from Aberdeen based drilling contractors who have expressed a need for their personnel to gain onshore experience handling the type of lifting equipment they will be expected to operate and maintain offshore.

The training takes place in Fisher Offshore's newly refurbished pneumatic workshop, with attendees gaining an OEM endorsed certificate on successful completion of examination.

Graeme Brand, Air Products Manager at Fisher Offshore, said: "The training course is a new development for Fisher Offshore and Ingersoll Rand designed to ensure safety, efficient use of equipment and to prevent down-time offshore. Attendees receive a mix of hands on experience and a classroom style learning session.

"We've already seen a number of drilling contractors put personnel forward for the training. We wanted to provide a course which delivered real benefit to our clients and having Ingersoll Rand instructor's involvement and the attendee gaining a certificate from the manufacturer is key.

"Fisher Offshore is about far more than simply providing equipment. We now have the facilities and the expertise to provide a fully integrated package to clients and the introduction of this unique training course is another step forward in enhancing this offering."

etc"

[rivaldo] 06/1/2014 09:11

Good to see an "ahead of expectations" trading statement today from CKN. Not sure how much read-across if any there is to FSJ, but I suppose as a barometer of activity in the sector as a whole it's good news.

[roddiemac2] 03/1/2014 13:14

rivaldo, quiet threads are probably the best ones.

Happy New Year

[scottishfield] 03/1/2014 10:37

You too rivaldo. Looking fwd to this year.

[rivaldo] 03/1/2014 09:56

Happy New Year everyone here (such as we are on this quiet thread!).

A new chartist post is bullish and indicates a 1365p price target:

[rivaldo] 27/12/2013 07:13

News dated Christmas Day:



"Fendercare Marine secures major Eastport UK contract
25 Dec 2013

Fendercare Marine (stand A139 at Seawork 2014) has won a significant contract to supply 17 2.0m x 3.5m Yokohama fenders to Eastport UK to be used at Great Yarmouth.

Fendercare Marine is currently celebrating 25 years of trading, having expanded to become a leading provider of third party ship-to-ship transfer services in the world, as well as a key supporter to the UK renewable energy industry, operating from 40 locations globally.

Privately owned and operated by Eastport UK since May 2007, the port at Great Yarmouth is a modern, multi-purpose facility integrating a deep water outer harbour with a well established river port. Newly constructed, the outer harbour became operational in February 2010.

Jamie Frater, CEO for Eastport UK said: "The new Yokohama fenders we have purchased from Fendercare Marine are a proven product and provide us with greater flexibility to cater for a range of different sized vessels, further enhancing the attractiveness and suitability of the Outer Harbour to current and future customers."

Eric Plane, Fendercare Marine MD commented: "Our ambition is to ensure that Fendercare Marine is the 'go to' name on our client's lists regardless of what the issue or requirement may be. We want to take what started as a tiny company founded in a back bedroom, 25 years ago, and turn it into a truly global marine services provider without losing our roots, our ethos and our passion for business."

[rivaldo] 23/12/2013 09:17

Cheers bb2 - you too, and everyone else here.