Fisher (james) & Sons Share Discussion Threads

[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.

[roddiemac2] 26/11/2014 21:48

eggbacon etc.

FSJ just keep making positive announcements; the story is what matters . There could be umpteen reasons why a big holder is selling down , but my view is that it is highly unlikely to be related to business prospects .I can`t be 100% certain.
Anyone worrying about the recent slide could speak to Stuart Kilpatrick FD . I have done so on a couple of occasions . He is helpful. He may know of a seller.

No doubt you have read earlier posts suggesting the slide is related to the oil price, but I don`t see that affecting this business much at all . Others, however may think otherwise.

I have bought at higher prices recently.

[its the oxman] 26/11/2014 16:44

Support getting closer c.950p

[emeraldzebra] 26/11/2014 16:21

got to say - i fail totally to understand this fall off. way overdone in my opinion....

[eggbaconandbubble] 26/11/2014 16:16

roddiemac, I'm not overly stressed as I haven't bought in yet but strangely as soon as i put them on the radar they started imitating an ME109 over the English Channel!
Any reason for this fall or more poignantly why do you suggest shareholders should be 'relaxed'.

[roddiemac2] 25/11/2014 19:30

eggbacon etc. and gucci --relax.

[bouleversee] 25/11/2014 17:00

Already topped up Weir once; can't win!

[apad] 25/11/2014 16:36

I agree - have been watching for a while. Shares in oil related with a yield of less than 2% seem to be vulnerable. I have some monies to invest for income, with capital preservation, and am looking for a bottom in a number of oil related service companies of quality. They must all be oil price related to a greater or lesser extent and the likes of PFC fuels the mood.
If there had been an Iran agreement then crude prices would really have plummeted (it's shocking how we have gotten used to the recent high prices of oil and so quickly forgotten the past) and all service companies would have reflected the news, even if they are only second order linked.
WEIR is my holding suffering from the effect. I sold PFC and AMEC well over a year ago.
I am looking to increase WEIR and add FSJ to my portfolio, but don't pretend to be able to predict when and I'm not holding my breath.
Nice board, by the way.
apad (lurker)
OFT post:
Bought my first penny share, Riv!
HDD (on today's results): like the technology, directors, customers - but Oh! the vulnerability to orders - small, first holding though.

[its the oxman] 25/11/2014 15:50

Got to be oil related in my view. Whatever co says if oil price stays where it is risk of a profit warning down the line increases and impact on a high rated stock can be nasty.

[gucci] 25/11/2014 14:58

I have been uneasy with this dropping for last few weeks
:-(

[bouleversee] 25/11/2014 13:15

As did I, at 1086. My largest holding so not a happy bunny at the moment, esp. as many of my other holdings (inc. Petrofac - eek!) are now under water. Perhaps I'll leave the rest of my money earning peanuts in cash. Haven't heard any bad news from FSJ, however, so hoping for a reassuring comment from them.

[tintin82] 25/11/2014 12:26

Reaction to the fall in crude prices and the exposure they have to the exploration market. I know the recent rns said this did not matter, but I can think of no other reason, other than I pressed buy again last week!