Fisher (james) & Sons Share Discussion Threads

[professor john koestler] 28/10/2021 12:51

Bought some under 400p. Set a buy-limit order for 395p but not executed as yet.

[elsa7878] 28/10/2021 12:51

Total net debt now > market cap......

[archy147] 28/10/2021 12:25

Hmm I'm in 2 minds here. Have been watching FSJ for some time. Thought about investing when it was in the 800s but decided it was trading on too high a multiple.

Now its lost over 50% it looks much more attractive. But the advice about not trying to catch a falling knife is at the forefront of my mind also.

Pretty sure this will bounce at some point, but from what low is anybody's guess

[medieval blacksmith] 28/10/2021 12:21

Algos, you can mop-up all those stop-losses now. ;)

[medieval blacksmith] 28/10/2021 12:20

There it is: 400 breached.

[jubberjim] 28/10/2021 11:30

Was attracted by the seemingly overdone share price fall

Have sat back and watched and there are for me ominous parralels as regards share price movement with Kier and it's spectacular fall from its heady heights

For that reason I am giving it a wide berth

Good luck to those that take the plunge hope it comes good but not for me

Will watch from. A safe distance

[dev80] 28/10/2021 10:40

Agree Totally

[medieval blacksmith] 28/10/2021 10:35

There are no such things as investments anymore. Everything has now become speculative.

[medieval blacksmith] 28/10/2021 10:32

Down and down it falls. Easy meat for the shorters and trading algorithms when the directors leave a huge void in information. Are they just going to sit there and watch this and cover themselves with crass apology to the family.

Shareholders should start getting together and start chopping the board into pieces.

Too comfy life for all of them.

[xxxxxy] 28/10/2021 10:22

Holding back.

[hamhamham1] 28/10/2021 09:12

Am here for a few years after jumping onboard yesterday.
Small investment but a buy and tuck away one.
I don't trade shares, I don't have the skills nor the inclination, plus I value my sleep too much :)

[hybrasil] 28/10/2021 08:58

Just had a look at the accounts. Stripping out intangibles and goodwill this company has only got net assets of £47 m.


Share price has a bit to fall yet methinks

[hybrasil] 28/10/2021 08:38

The directors who bought 5000 shares each on the 15th september are now down £20k each.

[hamhamham1] 28/10/2021 08:07

I think that 3 day drop has bottomed out.
A lot of those who want to buy will buy now, those who don't won't.

[hamhamham1] 28/10/2021 07:17

Not bad Hunting report, hopefully that will lift here.
Lloyds bank made £5.4bn after tax for first 9 months, nice, divis will come back strong soon.
Haven't digested RDSB yet, quick scan and quite strong as well. (Update, well, a bit of a miss there it seems)

[medieval blacksmith] 27/10/2021 23:00

Picked some up between 415 and 420 - still building a position. My gut feeling says stay clear and I can't value this anymore - refer to my previous posts. However I do like some of the potential (in end markets) and I am putting some confidence into the end of year figures given and making the assumption we don't get into equity dilution at any point in the near future. I'm not investing a large percentage of my portfolio here so no game changer for me - thankfully. 3% maximum and that is it.

Fingers crossed for all of us.

[hamhamham1] 27/10/2021 19:19

I wonder what Hunting will give in tomorrows RNS?
Not invested in those, but I do have 3 others in the ol portfolio reporting tomorrow, RSDB, LLOY and TLY.

[smcni1968] 27/10/2021 17:42

James Flusher!

[bouleversee] 27/10/2021 17:33

Almost back to that 401p. Unbelievable. Must be over-reaction, surely. I wonder if they have family members secretly filling their boots.

[grahamite2] 27/10/2021 16:44

At 401p, or nine times earnings, buy on weakness. From post 1, some 12 years ago.

But the company appears to be solvent and profitable, with most problems stemming from orders that have been delayed, not cancelled. Apart from that it seems a large doubtful debt has become a bad debt, but that's the past and anyway it's less than 10% of annual profits.

I have never even thought of this one before - which is how I came to be looking at post 1 - but I'm glad to have had my attention drawn to it. Worth keeping an eye on.

[xxxxxy] 27/10/2021 15:21

Still twiddling thumbs. Brand new money so got to be bit careful. 420 ish

[pugugly] 27/10/2021 14:23

Brokers heads chopped off - just shows how wrong some of the City scribblers can mis-judge the market - Check of the price when they issued their notes

PUGUGLY - 25 Oct 2021 - 11:08:52 - 2213 of 2282 James Fisher - FSJ
RE 2210 sold 11th Nov last year - TTL.

Investec Bank (UK) Limited TP 710
30 Gresham Street
London
EC2V 7QP
United Kingdom

Jefferies International Limited TP 1190
100 Bishopsgate
London
EC2N 4JL

Both house brokers pumping hard - But a bit like Sisyphus:

[spagboll] 27/10/2021 13:08

I have to acknowledge the views on here regarding the statement, terribly written. Something that has amused me is there appears to be a broker buy recommendation from Peel Hunt issued the same day as that RNS, they give a price of 1,150p. The amusing thing is wasn't it Peel Hunt that crashed the Dark Trace share price the same day which appeared to show they had some credibility. So does that mean they have the FSJ target correct or we should be piling in to Dark Trace as they got that wrong?