Fisher (james) & Sons Share Discussion Threads

[roddiemac2] 29/4/2013 15:09

huudi,

Forget about the FTSE 250 , and concentrate on the story . To do otherwise is a waste of time.

[huudi] 29/4/2013 15:04

SinkerSimon they entered the FTSE250 on 26th march but at this rate it could be a short stay.

[roddiemac2] 29/4/2013 14:51

huudi

The recent fall in the share price has nothing to do with investor`s disaffection with the scale of the dividend pay out. FSJ has been operating a progressive dividend policy for years, and is likely to be able to continue to do so.

Increasingly " today`s investor " appears to be a mug who does not think beyond tomorrow.

[huudi] 29/4/2013 14:39

Todays investor is looking for dividends and on that basis half ths price MAY be acceptable.

[roddiemac2] 29/4/2013 14:29

SinkerSimon

My advice to you would be to stop worrying about short term price movements, unless you are one of the plague of short term traders, who try to operate in the lions` den .FSJ is a great example of how the PI can make good money by buying and holding .Concentrate on the story , which I think gets stronger.

FSJ is not quite down 10% .Many small cos. are down much more . The shares have had a very good run .

Do you think that the top three holders quoted in my post above are bothered by the recent dip ? They are not.

[sinkersimon] 29/4/2013 13:43

Why are the shares going down so fast? FSJ look to be the prime candidate for promotion from the FTSE Small Cap to the FTSE 250 in early June. When the trackers are forced to buy in the price will go up. If I was a market maker I might think this was an excellent time for some tree-shaking. I would want to be buying before the promotion, so why not drive the price down a bit first?
I'm a newbie here so any feedback on this theory would be very welcome ...

[philprofit] 29/4/2013 13:00

Just Topped up some more... fingers, arms, legs & toes crossed- oh what fun :O)

[philprofit] 29/4/2013 11:31

Tanks RoddieMac- Good learning's for Me. Could be MM's on the tree shake...

[roddiemac2] 29/4/2013 11:11

PhilProfit

No stock goes up forever in a straight line. Rivaldo is correct: nothing meaningful.

Whatever the share price does in the short term, we are invested in a very well run company with good prospects .

The big money is sensibly staying put. For example, the top three holdings in FSJ are virtually unaltered since I first noted them in 2005.---

NOW------2005
R. Jackson-17.77%----18%
Schroder---14.93%----16.9%
Therapia----7.07%-----6.1%
Schroder top lopped down to 9% before the credit crunch, then started buying back in again .

Notifiable holdings are shown in the recent accounts as---

R. Jackson-17,7%
Scroder----14.93%
Therapia----7.07%
Montanaro---5.52%
M&G---------3.88%

Together these represent almost half the shares in issue.

[rivaldo] 29/4/2013 11:06

The newspapers today are full of long articles about BP's huge FPSO project in Angola which is working just fine - great PR for FSJ's Fendercare which should attract interest for further such projects globally.

Here's the original BP contract win:



And some coverage from today's Telegraph (lots more in the Times):

[gucci] 29/4/2013 10:20

topped up too today

[philprofit] 29/4/2013 09:03

Thanks Rivaldo- Big help. I decided to Top Up on Friday on 4% drop... Sound like a time to hold "ones" nerve and wait :O)

[philprofit] 29/4/2013 08:45

Anyone have any ideas why the Share is moving down?

[rivaldo] 26/4/2013 15:21

BlackRock Smaller Companies have just released their results - the narrative discloses they've been adding to their holdings in FSJ:



"We continued to add holdings which we believed were good quality and offering
attractive upside. Examples include....James Fisher.....James Fisher provides services and support to the oil and gas, shipping and defence industries in the marine environment. Onshore, its capabilities are deployed in the most safety-critical of environments, including nuclear. James Fisher has been very successful at internationalising its services outside Europe, and now generates an increasing and fast growing share of its revenues and profits from emerging markets."

[gucci] 26/4/2013 13:39

hoping for 1000p

[scottishfield] 25/4/2013 13:16

top up territory here.

[rivaldo] 22/4/2013 14:20

In tomorrow's Times there's apparently a section about investment opportunities in the Hull and Humber region.

The blurb talks particularly about the £10 billion being invested in imminent projects in the Humber, including offshore wind, biomass etc for clean energy, and how the region is leading the field in power generation.

Right up FSJ's street. Might be a mention or two I'd have thought.

[rivaldo] 22/4/2013 09:33

Cheers roddie.

Fendercare expansion news FYI:


New STS Base Open in Bahamas

MarineLink.com
Friday, April 19, 2013

Fendercare Marine launched a new STS location, operating approximately 15nm offshore Freeport, Grand Bahamas.

The fully equipped STS base will offer 24/7 operational cover for all requirements. The area is fully approved by local authorities and all operations are conducted strictly in accordance with OCIMF guidelines."

[roddiemac2] 19/4/2013 20:05

rivaldo

I had neither a particular division in mind , nor any specific information to back my statement. However, the rapidly evolving markets that FSJ operates in will result in many new opportunities as we become more active both on and under the sea. Ultimately, the driver behind this increased activity is a survival strategy for the human race, therefore there is a fair degree of certainty about these markets; that is a luxury in any economic climate , especially now.

The press release about Scantech provides evidence , if such were needed, of just how dynamic some parts of the company are. I do agree that there are signs that people are switching on to the possibilities here. The shares have had a good and well deserved run.

[rivaldo] 19/4/2013 14:14

Roddiemac2, are you thinking about any divisions/products in particular?

I'm not sure the market fully appreciates yet the amount of innovation and IP going on in Fendercare, Scantech, Strainstall etc, preferring to see these companies merely as a provider of services. Though perhaps the recent share price rise indictaes that this perception is changing.

[roddiemac2] 19/4/2013 11:48

correction/ typo

Last post should read -----not TOO large

[roddiemac2] 19/4/2013 11:45

rivaldo

There will be more innovation from some segments of the group, each of which is not to large to move speedily as opportunities arise. FSJ is perfectly set up to back the rapid development of these segments with the financial and technical strength of the group.

[rivaldo] 19/4/2013 07:12

News of FSJ's Scantech nomination for an award for its new Oil and Gas safety technology - note in particular the interest of Total, Chevron, ENI and Exxon Mobil etc.....



"17 April 2013
ScanTech Offshore shortlisted for safety award for innovative PyroSentry™ product

The International Association of Drilling Contractors (IADC) has shortlisted ScanTech Offshore in its North Sea Chapter Safety Awards for its groundbreaking safety solution, PyroSentry, which provides increased fire detection and instant suppression for methanol supplies at risk of combustion offshore."

"Robbie Garden continues: "The PyroSentry product is already proving of interest to numerous offshore operators including Total, Chevron, ENI and Exxon Mobil. We are thrilled to have been shortlisted in the IADC North Sea Chapter Annual Safety Awards as we believe we have created a leading edge solution for increasing safety on offshore rigs.""