Fisher (james) & Sons Share Discussion Threads

[lefrene] 13/12/2021 16:24

So just when does James Fisher become an absolute steal? It's looked tempting for the past couple of weeks but evidently I'm wrong.

[lefrene] 13/12/2021 16:22

Quite so Cassini, and I would guess that by now the unvaccinated know that they have natural immunity, or have already perished, the thing has been with us since Oct 2019.

This whole exercise is a gross over reaction to something that on average kills those of 82.5 years, and a total of 0.03% ie 3 persons in 10,000. I suspect that's rather less than deaths by bicycle in the UK. I know they're hiding the Repo-Market event of 17-9-19 which cost 132 days straight at $50 billion a day and continues at $4.5 billion per day, with ne'r a mention anywhere in the MSM. So what's this really about, when the country is on the verge of another shut down for something that according to South Africa where this emerged 6 months ago, is similar to a common cold.

[bouleversee] 13/12/2021 14:50

Only in so far as the market is generally down a lot and maybe we should wait and see which way the wind is blowing before coming to any conclusions about FSJ.

[spectoacc] 13/12/2021 14:39

And 10 in hospital with Omicron as of yesterday, but no info as to age, vaccine status, nor even if they were admitted with/due to it.

But certainly too early, and if it's as infectious as it appears, the 5.2m unvaccinated adults are the ones likely to fill wards & corridors.

Not sure any of it relevant to a diverse marine services business tho.

[bouleversee] 13/12/2021 14:35

There has been one death in hospital so far but no info as to the medical background, age, etc. of that person so far as I am aware.

[spectoacc] 13/12/2021 14:03

A little early for Omicron deaths, if it really has only been here a couple of weeks.

There's an information vacuum atm tho.

[xxxxxy] 10/12/2021 15:36

Don't get me wrong. Labour is worse. Far far worse.Terrible mess.

[xxxxxy] 10/12/2021 15:34

Unsafe to make investment with this background tapestry.

[xxxxxy] 10/12/2021 15:34

The rule-by-terror under Dominic Cummings has turned into a Boris Johnson court of chaos which is, if anything, worse. The Prime Minister's bizarre decision to hold an inquiry into whether his own staff held a party under his own roof underlines the sense of no one being in charge. His ministers are told to rule out Plan B restrictions one day then, quite literally, implement them the next. It gives the impression of staggering decisions, affecting the lives of millions, being taken on a whim. As one minister puts it: "It's a complete horror show." ... Daily Telegraph

[professor john koestler] 09/12/2021 13:55

Don't hold your breath you turnip. ;)

[professor john koestler] 09/12/2021 13:55

"Want a proper Conservative Government, the caring kind,"


ROFLMAO!

[xxxxxy] 07/12/2021 11:00

The consideration of Bitcoin. Bit unknown. Where did the money come from? Money laundering?. Government have their ways and instruments if they want to.... UK... Suspect land, property ownership best.. My thoughts only. And watching FSJ....

[spectoacc] 07/12/2021 10:17

I don't own FSJ, but suspect got a lot more upside than US big tech, which is massively highly rated, dominating markets that can't get bigger than GDP.

And yes - we'd all have been far better off investing in Bitcoin (same bubble).

[porsche1945] 07/12/2021 09:58

Yes and still up 50 pc over 18 months. And more of a buy now than ever. What bubble bursting?? change the fxxking record, the S&P will kill it again next year while ftse 100 sits a few hundred points above where it was dec 1999. I would suggest you start buying some “ bubbles “ rather than sxxt like this.

[spectoacc] 07/12/2021 09:53

Perhaps PayPal is a buy now it's down 19% in a month, 29% in 6 months. And that's before the bursting of the US bubble :)

[dev80] 07/12/2021 08:29

Bet James Fisher is rolling in his grave

[bottomfisher] 06/12/2021 20:11

James Fisher would probably find it almost impossible to raise fresh equity even if it wanted to. Leaving aside the slump in its share price, FSJ’s biggest shareholder, the Sir James Fisher Foundation, owns close to 23% of the company, and is not in a position to stump up fresh cash since virtually all of its capital is tied up in FSJ shares. The foundation, set up in 1980 to help the vulnerable and disadvantaged in FSJ’s home town of Barrow in Furness, was donating over £3m a year to around 150 charities in the local area before FSJ axed its dividend.

Clearly, the foundation cannot be happy with FSJ’s recent share price performance. One option would be for it to diversify its income by seeking a buyer for all or part of its stake in the 175-year-old shipping company. The foundation does not appear to have a representative on the James Fisher board but one should not underestimate its influence behind the scenes.

[xxxxxy] 06/12/2021 15:51

Still mulling FSJ. New money. New risk.

[xxxxxy] 06/12/2021 15:50

One of the biggest maritime initial public offerings (IPO) took place on Monday, as Windward (WNWD.L) listed on London Stock Exchange's AIM market.The predictive intelligence company, first established in 2010, applies artificial intelligence (AI) technology to transform global maritime trade and is the first Israeli technology firm to float in the City for over five years.... Yahoo Finance

[1aconic] 06/12/2021 10:04

One thing nobody seems to be refer to when talking capital raises is that FSJ is not a one pony business. As a conglomerate, FSJ potentially has cash raising options that other companies don't. The stated strategy clearly indicates the intention to sell divisions that are non-core or not in line with the future strategy. Obviously I don't know any better than anyone else what the future holds here but I don't personally think on the basis of evidence that a capital raise is imminent. A lot will depend on future market conditions and the drop in Fendercare revenues is definitely a concern to bear in mind. However, to date I don't think the cash flows have been all that terrible given the environment that they've been trading in.

Worth remembering that the CEO just pumped 100k of his own personal money in at 420... not as part of the typical company gifting of options either, his own personal cash. That doesn't scream out that a capital raise is in current thoughts either.

Obviously I don't know more than anyone else that's done a similar amount of research however I do think some of the current negativity on here needs a bit of balance and that the facts that are available to us need to be viewed in context.

[hamhamham1] 01/12/2021 11:57

But investing is a risk, I get that, so spread it wide and thin, so not too into any one stock or sector., for me anyway.

[hamhamham1] 01/12/2021 11:47

Am happy to hold a few and see.
As the last year's accounts say, they have a Net Asset Value of £235m.
Time will tell, just a case of buy a few, tuck away and watch what unfolds for me.