Fisher (james) & Sons Share Discussion Threads

[apad] 20/1/2015 17:00

I only do backwards yields, riv.
Analyses can fly, mine was a casual observation so can only float:-)
apad

[rivaldo] 20/1/2015 15:28

Since FSJ will pay a 22p dividend for 2014 per forecasts - and 24p-25p for 2015 - FSJ already has just over a 2% yield, so that analysis certainly doesn't fly :o))

[apad] 20/1/2015 15:12

Maybe it's the yield support that's missing?
I've bought some oil support stocks recently and it's yields of 2-2.5% that seem to make them attractive.
Just an impression.
apad

[bouleversee] 20/1/2015 14:55

Yes, maybe I'll buy some more if I can find the time, though I think I am losing on the ones I bought for daughter's ISA recently and the ones I gave the grandkids earlier. Few brokers seem to follow and few people have heard of FSJ. Hopefully they'll come into their own one day. I wonder if Lord Lee still holds.

[emeraldzebra] 20/1/2015 12:21

Feel it has just been (unjustifiably) caught up in the malaise and negative sentiment surrounding the oil price. A little gem to tuck away i fervently hope.

[rivaldo] 20/1/2015 09:52

Agreed roddie and tintin82.

It's well worth looking at the recent news flow on the JF Nuclear company web page - lots of contract wins etc as well as last week's acquisition:



15th January JFN acquires HTSL

6th January James Fisher Nuclear to rebrand

5th January 2015 JFN wins contract at the Hunterston A site

18 December 2014 Major Contract Award - BEPPS - DIF

07 November 2014 JFN Achieves Hat Trick at NDA Award

29 September 2014 Successful Bulk Sludge Transfer Trials

22 August 2014 Major Contract Award

[roddiemac2] 19/1/2015 21:33

bouleversee,

Markets are often illogical in the short term. It is the story that matters here.

I hope you are keeping well.

[tintin82] 19/1/2015 19:52

If a share price was based on the pure fundamentals then this game would be easy. Luckily it is not, and based more on emotion. I say luckily as it gives the shrewd investor the opportunity to pick up a bargain.

I don't know why the price is sliding, and personally I don't care. If the good news keeps coming then the share price will look after itself. If I was in need of cashing in the stocks soon, then I would care, but then I wouldn't have funds that I need in stocks if there is any possibility that I may need the funds soon.

[bouleversee] 19/1/2015 17:04

So why does it keep going down? Can't understand it.

[rivaldo] 19/1/2015 11:22

FSJ acquired another company last Thursday....



"James Fisher Nuclear announces acquisition of HTSL
15th January 2015

James Fisher Nuclear announces the acquisition of High Technology Sources Limited (HTSL) based in Didcot, Oxfordshire.

The HTSL team is highly experienced in every area of source technology and its
application in a wide range of industries from oil drilling to the manufacture of pharmaceuticals. This acquisition will further enhance the offering from James Fisher Nuclear and complements its Radiological Calibration Service (RCS) based in Deeside, North Wales.

HTSL provides an extensive range of sealed Industrial Sources and Reference and
Calibration Sources through their Exclusive UK distribution agreements with world renowned source manufacturers and suppliers, Eckert and Ziegler. The sources are manufactured to the highest standards and comply fully with applicable national and international standards.

HTSL also exclusively distributes throughout the UK and Ireland, QSA Global's Sentinel NDT Sources and NDT Equipment product ranges. These market leading products provide a diverse, yet complimentary range to HTSL's portfolio.

The Directors, Duncan Aston and Jon Benn, will continue in position and the
business will operate as usual."

[comane] 16/1/2015 17:00

Thanks tintin82 That's a relief. I was worried

[tintin82] 15/1/2015 21:02

They are 25% of a consortium to build a nuclear waste store, headed up by M+W. That is not the same consortium as NMP. At least this is my understanding of the situation. If anyone with more information can clarify the facts. I will contact FSJ in the morning to clear this up.

[comane] 15/1/2015 20:15

Announcing the contract award on their web site they say that they are 25% of the consortium.

[tintin82] 14/1/2015 20:48

Why do you think they are part of the consortium? Has anyone asked FSJ about this? With no RNS I see no reason to think anything has substantially changed. Now I have said that a 0700 RNS will apear tomorrow!

[comane] 14/1/2015 20:23

Anyone know if the latest Sellafield announcement will impact FSJ? I think they are part of the consortium.

[bouleversee] 13/1/2015 15:14

Not very prosperous so far.

FSJ down today against the trend. They are not involved in the Sellafield issue, are they?

I was hoping they would be on an upward trend this year.

[roddiemac2] 08/1/2015 20:59

A happy and prosperous new year to all on this board.

[bouleversee] 08/1/2015 17:11

FWIW The Times was tipping Clarkson as a buy yesterday: "Excellent prospects from the Norway acquisition."

[rivaldo] 08/1/2015 15:53

OT : hi APAD. I remember seeing a couple of articles about BMS post-merger with ACM that there were some problems with staff jumping ship etc. A P/E of 13 just seems a bit high for a company which produced a very poor H1. Its H2 performance will be interesting, but will still likely produce a year-on-year EPS decline - despite any ACM contribution. I'm quite prepared to change stance however if H2 is good and the outlook better.

[apad] 08/1/2015 11:38

OT
Hi riv,
Do you have any other concerns about BMS? They lost an important person and have to integrate the new business.
I'm interested for yield in my Mum's portfolio but am a bit twitchy as I haven't been looking at it for long.
apad

[rivaldo] 08/1/2015 10:37

Interesting emeraldzebra, cheers. BMS is overpriced at present imo, and CKN appears to be suffering as you say.

FSJ won a "significant" contract win 2 weeks ago:



"Fendercare Marine provide support to offshore installation in Liverpool Bay

Significant contract to provide diving services, personnel and equipment for Liverpool Bay Development.

Fendercare Marine Diving Services (FMDS) has been contracted to provide significant diving services and equipment for an offshore installation in Liverpool Bay.

The Liverpool Bay Development comprises four oil and gas fields, together with significant offshore and onshore facilities used for extracting, transporting and processing these reserves.

Fendercare Marine Diving Services mobilised the DPII Diving Support Vessel 'Seabed Worker', complete with a full air diving and nitrox surface demand diving spread, two work class ROV’s, a complete pipeline hydrographic survey facility and the James Fisher Hydro-Digger (mass flow excavator) for survey and remedial works to the assets located offshore in Liverpool Bay. The work scopes included the hydrographic surveys and mooring integrity surveys.

etc"

[emeraldzebra] 07/1/2015 16:51

yes - in my opinion - and i have 30 years (albeit in the (dry) shipping sector) - the main point about James Fisher are the pretty steep barriers to entry by the competition. The maritime services provided by these guys not come much more sophisticated/complex in the sector as a whole. Looking for £ 15.00 by end 2015. i will be surprised and disappointed if this is not achievable.

[rivaldo] 28/12/2014 23:25

Cheers redface - reads well:



"James Fisher

James Fisher provides specialist marine services — from tanker chartering and crew management to security — often sold as contract packages for oil rigs. The group’s breadth of expertise effectively limits competition. Sheridan Admans, of the Share Centre, says: “This pick is for growth investors looking for a company that provides niche services around the globe.

“The decline in the oil price is not expected to impact trading at the group’s offshore oil division, as the majority of its work is linked to maintenance and production, rather than exploration. Directors recently bought shares and an improving cash flow could have the potential to boost dividend growth.” "

[redface] 27/12/2014 19:30

Recommended in Times today as a share for 2015.