Fisher (james) & Sons Share Discussion Threads

[roddiemac2] 02/12/2014 20:08

There is little doubt that there has been , or still is , a big seller .In the last five trading days there were over a million shares traded . This is not ominous; there are many reasons why people sell.

[dewtrader] 02/12/2014 11:04

bounce is on

[bouleversee] 02/12/2014 10:37

Yes, realised that when I read the alert. Should have known!

[emeraldzebra] 02/12/2014 08:57

Boul ----Chas Rice - board member i think.

[eggbaconandbubble] 01/12/2014 17:33

I think you might be correct.....and also about the drink!!!!

[bouleversee] 01/12/2014 17:15

Ah, just read the alert in my in my inbox. Hopefully, it's the market that's got it wrong as I topped up at 1080. I need a drink!

[eggbaconandbubble] 01/12/2014 16:23

Chas Rice called it wrong then!

[emeraldzebra] 01/12/2014 16:17

looking at the last line of the 2nd para - especially - and anyone could be forgiven for wondering if the sellers have temporarily taken leave of their senses ! extraordinary.....love to buy some more - but can't afford it ! shame !

[dewtrader] 01/12/2014 15:12

Interim Management Statement

James Fisher and Sons Plc (FSJ.L) ('James Fisher'), the leading Marine Services Company, today announces its Interim Management Statement for the period from 1 July 2014 to date. Revenue for the third quarter showed good growth against the comparable quarter in 2013 and overall trading was in line with management's expectations.

Offshore Oil performed well in the quarter with continued growth in the offshore markets of Africa, South America and the Far East offsetting weakness in the Norwegian market. The majority of this division's work is in maintenance and production activities rather than exploration. The recent decline in the oil price has not impacted current trading and this division is expected to show a significant uplift on last year.

In Marine Support, after an improvement in the second quarter, ship to ship transfer volumes slowed again in the third quarter, particularly in the Far East where a slower market reflected both the broader economy and the current high inventory levels of oil in storage afloat and on shore.

Our Specialist Technical division continued to trade strongly. During the quarter, Divex secured its third saturation diving system order since its acquisition in March 2013. Combined with a larger and more diverse order book in Nuclear decommissioning, this division is well positioned for the future.

Our Tankships division continued its progress and is benefitting from improved utilisation compared to 2013.

Overall, James Fisher's strategy of focusing on niche businesses within developing marine service markets is producing good growth over last year and this is expected to continue through the final quarter. The Companyremains well positioned to deliver further increases in value for shareholders.

Contacts

[battlebus2] 01/12/2014 13:45

Oil price certainly having a drag on these at the minute even if it doesn't totally correlate.

[battlebus2] 01/12/2014 13:45

Oil price certainly having a drag on these at the minute even if it doesn't totally correlate.

[dewtrader] 01/12/2014 11:59

Fisher climbing
Clime fisher

[rivaldo] 01/12/2014 07:40

More Asian-Pacific growth planned:



"KDM Marine Plans to Develop Subsea Excavation Business in Asia Pacific|
Monday, December 01, 2014

Leading subsea excavation specialist KDM Marine International is set to develop its business within the Asia Pacific region.

Members of the KDM Marine team, which is part of the James Fisher Group, will be exhibiting at OSEA 2014 in Singapore from Dec. 2 to 5 at Stand BG3-06 alongside its fellow group company Fisher Offshore.

Graham Murdoch, operations director at KDM Marine International, said: “KDM Marine International has established markets within the oil & gas and renewables sectors in Europe and North America. Our recent merger with the James Fisher Group has opened new opportunities worldwide and we recognize the significant potential for our impressive suite of excavation tools in the Asia Pacific region.”

KDM Marine International became part of the James Fisher Group in July. Its management and offshore teams have over 16 years’ experience in the subsea excavation industry and is responsible for the completion of over 300 projects in 40 countries.

The company, from its bases in Oldmeldrum in Scotland, Ciudad del Carmen in Mexico and Houston U.S., operates a suite of excavation products and services, including the innovative TwinProp mass flow excavator, the range of share price single prop excavators and suction dredge systems."

[illiswilgig] 28/11/2014 18:01

Yes, and well timed by the look of it! I had to pay a few pence more this afternoon to pick up more.

Not looking to make a lot on these extra shares, I shall probably sell them again in over a months time and take out some of the Capital Gains I have locked in here as I don't want to sell my core holding.

cheers

[rivaldo] 28/11/2014 15:06

Good to see the CEO (via his wife) buying a meaty £40k of shares at 1042p:

[dewtrader] 28/11/2014 08:39

The bounce is on lads

[dewtrader] 27/11/2014 15:49

last time it started going up, it went up £2 in three days lol

[dewtrader] 27/11/2014 15:47

FSJ bouncing. Reel it in, nice and slow boys

[dewtrader] 27/11/2014 15:02

13 November 2014

13 November 2014

James Fisher and Sons plc

Interim Management Statement

James Fisher and Sons Plc (FSJ.L) ('James Fisher'), the leading Marine Services Company, today announces its Interim Management Statement for the period from 1 July 2014 to date. Revenue for the third quarter showed good growth against the comparable quarter in 2013 and overall trading was in line with management's expectations.

Offshore Oil performed well in the quarter with continued growth in the offshore markets of Africa, South America and the Far East offsetting weakness in the Norwegian market. The majority of this division's work is in maintenance and production activities rather than exploration. The recent decline in the oil price has not impacted current trading and this division is expected to show a significant uplift on last year.

In Marine Support, after an improvement in the second quarter, ship to ship transfer volumes slowed again in the third quarter, particularly in the Far East where a slower market reflected both the broader economy and the current high inventory levels of oil in storage afloat and on shore.

Our Specialist Technical division continued to trade strongly. During the quarter, Divex secured its third saturation diving system order since its acquisition in March 2013. Combined with a larger and more diverse order book in Nuclear decommissioning, this division is well positioned for the future.

Our Tankships division continued its progress and is benefitting from improved utilisation compared to 2013.

Overall, James Fisher's strategy of focusing on niche businesses within developing marine service markets is producing good growth over last year and this is expected to continue through the final quarter. The Companyremains well positioned to deliver further increases in value for shareholders.

Contacts



IMS earlier this month. This looks read to fly to £14

[apad] 27/11/2014 10:49

OT
Riv. I wouldn't recommend HDD to anyone. It's a technological flier with a 90+% chance of failure (the balance sheet is largely irrelevant). Anyroadup I like owning 100,000 shares in a company:-)
apad

[apad] 27/11/2014 08:58

if my analogy has any value then 2% yield should be a resistance.
apad

[roddiemac2] 27/11/2014 08:54

Well done emeraldzebra; you know the business very well. My lowest purchase recently was at 1069p.

[emeraldzebra] 27/11/2014 08:50

just topped up yesterday at 1034. fingers crossed !

[battlebus2] 26/11/2014 23:20

Hadn't noticed the slide in these since i sold out but it looks way over done to me and maybe time for me to buy back in.