Fisher (james) & Sons Share Discussion Threads

[rivaldo] 11/1/2013 15:50

End of week surge.....

[rivaldo] 10/1/2013 12:23

Interesting - JF Faber has now been re-branded as James Fisher Aerospace. Certainly a much better and clearer name, and indicative of a branch of FSJ which is serving another thriving sector:

[battlebus2] 09/1/2013 08:19

Fabulous, lots more to come imv, next update not far away now first week in March.

[rivaldo] 09/1/2013 08:17

First trade of the day is a Buy at 830p - new highs again now.

[rivaldo] 08/1/2013 14:26

News - FSJ's Strainstall Marine have successfully trialled their new VMMS (Vessel Motion Monitoring System) product for offshore wind farms etc:

[battlebus2] 03/1/2013 15:36

Yes great to see the trend continuing :))

[rivaldo] 03/1/2013 15:30

....which is continuing.

[rivaldo] 02/1/2013 13:19

Happy New Year everyone.

Nice start for FSJ too....

[illiswilgig] 21/12/2012 12:23

Yep, good wishes to you as well, Riv. Few shares have been such a pleasure for me to hold as FSJ,

cheers

[rivaldo] 21/12/2012 09:18

Merry Xmas to all FSJ holders! It's been a great year, and 2013 should continue in the same vein.

Here's to £10 and beyond up next year.

[rivaldo] 20/12/2012 14:50

...and the IC reiterates its Buy on FSJ:

[mechanical trader] 20/12/2012 12:25

20 Dec Fisher (James) &... FSJ Investec Buy 798.75 794.50 845.00 845.00 Reiterates

[battlebus2] 20/12/2012 07:42

Yes another great deal by the management.

[rivaldo] 20/12/2012 07:08

An excellent deal this morning, selling off a non-core business for £25.5m - and doing it on a multiple of 17 assuming 25% tax!

[rivaldo] 19/12/2012 12:18

December news flow - note "demand for our diving services has increased dramatically":



"Fendercare Marine receives International Marine Contractors Association (IMCA) accreditation

Fendercare Marine is proud to announce it has received Full Membership accreditation from the International Marine Contractors Association (IMCA) following a recent audit.

IMCA is the international trade association representing offshore, marine and underwater engineering companies. It is a respected voice around the world promoting good practice, particularly in the areas of health, safety and environmental standards, quality and efficiency and technical standards.

Fendercare Marine Diving Operations Director, Bob MacMillan said "IMCA Accreditation is very important to us. From day one we have been working in compliance with IMCA recommendations and this accreditation is recognition of the standards that we strive to maintain."

Fendercare Marine provides an extensive range of diving services and equipment for sale or hire. The company's own diving teams are trained and experienced in a wide range of techniques and procedures and are also a member of the Association of Diving Contractors.

"Since the launch of our Marine Diving Services division in 2010, the demand for our diving services has increased dramatically", said Fendercare Marine Group Business Development Director Martin Dronfield. "As well as completing a number of diving and marine service contracts in the UK, we are now supporting our customers internationally including the provision of a 30-man team to support FPSO operations in West Africa. We see many opportunities to strengthen our capability in this area as part of the total package of solutions we offer both above and below the water and our IMCA registration is a significant step on the path to achieving this vision.""

[rivaldo] 13/12/2012 14:35

In last night's FTSE 250 review, FSJ were put on the reserve list for promotion to the FTSE 250 in case of deletions in the next quarter up to March:



Another quarter of decent news and FSJ will be in the FTSE 250 by right anyway.

[rivaldo] 10/12/2012 09:53

Snap 5dally :o))

Roddiemac, thx for post 680, sounds very positive.

More about Sellafield in the Sunday Times yesterday - it's a long job, with lots of money for those taking part...



"Nuclear clean up to take 120 years and cost £100bn
Jonathan Leake, Environment Editor Published: 9 December 2012

The cost of cleaning up Britain's nuclear waste has almost doubled since it was announced in 2005 (Steve Allen)

BRITAIN'S taxpayers will be landed with a bill of more than £100bn for cleaning up radioactive waste from sites such as Sellafield and Dounreay, according to the chief executive of the Nuclear Decommissioning Authority (NDA).

The amount represents a near-doubling of the £56bn cleanup cost announced when the NDA began operating in 2005, and could rise still more. The warning comes as NDA engineers start work on some of the biggest and most expensive engineering projects seen in Britain - building giant robotic grabs to lift deadly nuclear waste from Sellafield's decaying 1950s repositories.

The buildings being targeted include Sellafield's B29 and B30 cooling ponds, where decaying 1950s fuel rods are stored.

This weekend John Clarke, chief executive of the NDA, said he was spending £3bn a year on the cleanup, with about £1.6bn of that going on Sellafield alone. Such sums are similar to those spent on the London Olympic site at the peak of construction.

"The total provision for the task of cleaning up Britain's nuclear legacy is now more than £100bn, and it will take at least 120 years," said Clarke in an interview.

The figures mean the cost of the cleanup now bears comparison with the total value of the electricity produced by atomic power stations......

.....At Sellafield there are other threats besides escalating costs. Last month a report from the National Audit Office warned that some of the buildings at the site "pose significant risks to people and the environment".

It said: "Any significant containment failure . . . could result in highly hazardous radioactive material causing enduring contamination."

That warning referred to four key structures which are now classed as the most radioactive buildings in the world and which will be among the most expensive to clean up. They include B29 and the nearby B41 silo, which together hold the remains of the Windscale piles - reactors built in 1950 to produce atomic bombs. The contents of B41, which was based on the design for a Canadian grain silo, are so "hot" that it has to be pumped full of argon gas to prevent explosions.

Elsewhere in Sellafield is the B30 cooling pond which is used to store the decaying fuel rods from Britain's first-generation Magnox nuclear reactors. It is so toxic that seagulls landing on it are shot.

Clarke said that since all the facilities were too dangerous for humans to enter, the NDA had been forced to commission entirely robotic systems to strip the waste from them."

[5dally] 09/12/2012 08:08

Thanks for posting that rivaldo,,,,,,,,happy to be sitting in all three :-)

[rivaldo] 09/12/2012 08:04

Good news for FSJ (and SID and RNWH) from the Times, with an acceleration of decommissioning work at Sellafield:



"The clean-up of the Sellafield nuclear plant is expected to gather pace after the Nuclear Decommissioning Authority said that it would recruit 500 extra workers. The announcement addresses the need to grapple with the most hazardous parts of the plant.

The National Audit Office said last month that the cost of safely storing nuclear material at the West Cumbrian plant had risen by £900 million this year. It found that some of the oldest buildings at the site, which date to the 1950s, represented a significant environmental risk.

The majority of the new positions will be filled by local workers, although 50 new graduate roles will be created. About 10,000 staff work at the site.

The new jobs were announced by John Hayes, the Energy Minister, at the Energy Choices conference in London."

[roddiemac2] 07/12/2012 14:57

They are doing very well in Angola and Brazil. Overseas revenues are now 60% of the business. Very good organic growth. ( comments from someone who met with management this Wednesday : not in Aberdeen )

[roddiemac2] 07/12/2012 14:57

They are doing very well in Angola and Brazil. Overseas revenues are now 60% of the business. Very good organic growth. ( comments from someone who met with management this Wednesday : not in Aberdeen )

[rivaldo] 06/12/2012 12:26

It's worth noting that Oceaneering International (OII:NYQ), who are the world's largest provider of ROVs (Remote Operating Vehicles), recently stated that all of its segments would have higher operating income in 2013, including Subsea Products on higher subsea hardware and tooling sales.

Which s/be good news for FSJ's Rumic division, who work with the world's leading subsea companies in respect of ROVs etc:

[rivaldo] 05/12/2012 14:21

News of FSJ and RNWH's Shepley Engineers being involved in a successful trade mission to Japan and Korea to promote British know-how in nuclear decommissioning etc:



Extract:

"The Japanese leg of the mission was the latest of a series of high level visits and events that have taken place in the last year to increase awareness of Britain's UK nuclear capabilities to assist with the multi-billion clean-up operation following the Fukushima incident as well as potential future decommissioning work resulting from the countries new nuclear policy. At present, only three of the country's 54 reactors are operating and Japan has become heavily dependent on imported gas.

Gerry McGill, who is vice-chairman of Britain's Energy Coast and a Nuclear Management Partners Board Director, said: "In discussions with major Japanese utilities and large industrials during the visit, it was clear the work undertaken within Sellafield in dealing with the high hazard reduction has a direct relevance to the challenge faced on Fukushima Daiichi nuclear plant. It is early days as building appropriate relationships in Japan will take time."