Fisher (james) & Sons Share Discussion Threads

[emeraldzebra] 06/8/2015 13:24

talking of institutions - am more than a little surprised that THEY are not using THIS opportunity to fill their boots - but i guess FSJ might be tricky to take on in any decent volume that would be needed.

[emeraldzebra] 06/8/2015 12:12

yes - i have exactly the same feeling....also reckon - from the trading patterns that the share is being shorted more than it ever used to be.

[roddiemac2] 05/8/2015 20:01

A host of small traders appear to be active in this stock. the average trade today was for less than 500 shares, but the bulk of the trades were much smaller than that. This pattern of trading has persisted as the shares fell from 1360 on 31/7/15. There is no evidence to me that such traders are particularly switched on . I am assured by more than one broker that most small traders don`t make money.
If there was evidence that institutions were dumping, there might be cause for concern, but there is no such evidence.

[apad] 31/7/2015 08:28

em
It's not a total parallel, but all the O&G dependents are under the cosh. WEIR results worth a read, maintaining divvy and possibly put a floor under the price.
I was startled to find that ELM was more dependent than I thought. I DIDN'T INCREASE FSJ WHEN IT FELL BELOW MY TRIGGER PRICE (sorry about caps) because of the RDSB results/big companies reporting China slowdown/ this second phase of oil price weakness/Iran. I.e. no rush. There will come a time when the market starts to anticipate an oil price rise and that will lift all boats, but it may easily be a year ahead. I increased my RSW on the results because of no oil price dependency, but was tempted by FSJ (currently nursing 14% loss).
apad

[emeraldzebra] 31/7/2015 08:08

thanks Roddie....i am just a bit lost for words on what is causing such a steep decline here....i think there must be some 'shorters' out there....i am not sure i really see a total parallel with the Weir group as mentioned above. Let's hope for better things anyway.....

[roddiemac2] 31/7/2015 00:45

emeraldzebra,

Why not bundle in?---- The question investors should be asking is " How are leaders going to provide for increasing populations with ever decreasing natural resources ? " They will not do it by slight of hand/ printing money. At the risk of boring everyone, the sea is the last frontier, and FSJ is well placed to profit from the inevitable ( IMO) increase in activity on and under the sea: too simplistic ? ---wait and see.

It will take a lot more bad news to shake me out.

[emeraldzebra] 30/7/2015 14:04

(i have no patience at all)

[emeraldzebra] 30/7/2015 14:03

bundled in again at 1096 - agghhh

[emeraldzebra] 30/7/2015 13:51

thought it was looking cheap when it hit 12.50 on the way down !!

[tintin82] 30/7/2015 13:03

Sold out earlier in the year, looking good to get back in around the 1000 mark. Quality outfit, just a tad over priced

[emeraldzebra] 29/7/2015 16:48

what miserable performance....my profuse apologies to anyone that has followed my recommendations on this one over the last couple of years....way over done in my opinion - but let's see. I hold on in hope of better things.

[apad] 24/7/2015 09:56

HTG also.
The introduction to GDWN results out today is well worth a read. Perfect clarity as usual.
apad

[bscuit] 24/7/2015 09:49

The "read across" from WEIR's woes is marked.

[emeraldzebra] 24/7/2015 09:22

i was just going to comment that the p/e looks very undemanding----but take your point about sluggish oil side - much as in my view - too much emphasis is being attached to this side in FSJ's case in the share price

[rivaldo] 24/7/2015 09:10

FSJ have already stated that this year's H1 results will be worse than last year's. Offshore Oil will obviously be suffering in particular.

Investors are selling off in anticipation of these results in late August, particularly as FSJ are on a reasonably high P/E of 16 or so. This was fine when FSJ were on a growth path, and was why I was happy to hold, but now that the outlook is uncertain - FSJ have to deliver on their promise that H2 will recover the H1 decline - the valuation looks somewhat stretched.

Happy to buy back in if and when the numbers look better as FSJ is a good company, but will wait on the sidelines for the moment.

[emeraldzebra] 24/7/2015 08:32

again - no idea what's going on here. Hear only good things from my contacts in the James Fisher game.

[emeraldzebra] 16/7/2015 14:22

many thanks. i am a holder () and a sticker too !

[illiswilgig] 16/7/2015 14:05

It's a waiting game with James Fisher at the moment in my view. Plus there is not much news around at this time of year anyway.

If I was impatient I'd be tempted to play elsewhere but I rate the management at Fisher and you never quite know when they may pull another rabbit from their hat so I'm happy to wait.

cheers

[emeraldzebra] 16/7/2015 13:43

any gossip ? not many posters here.....

[emeraldzebra] 13/5/2015 10:43

Was - (yet again !) quite surprised by another over reaction to a trading statement that suggested at the very worst - a ''slow now but better later'' scenario. Quite how this could cause a near 20 per cent mark-down in the share price beats me completely -maybe there were some ''shorters'' in the frame. But as suggested here we were presented with a v nice opportunity to top up.....which i think most of the main players here have duly done !

[apad] 12/5/2015 09:52

Sorry I wasn't clear Roddie,
I am looking to increase my FSJ holding and so I welcome share price weakness.
I am not a trader and intend to hold a company very long-term, unless the story changes, so share price weakness is very welcome.

SPX is another 'stalwart' that reacted badly to news. I'd like to increase at £30.

Roll on a GREXIT,
apad

[illiswilgig] 12/5/2015 09:34

Can't even spell this morning - I mean't 'roddiemac'

Thank you for your kind comment!

Strangely, or perrhaps 'contrarianly' I am now very bullish long term for FSJ as it takes advantage of the current upheaval in highly specialised technical niche markets.

Much more bullish than I was when the oil price was high and FSJ's shares were riding higher.

I do mean long term. 10 years plus. I see massive payback and massive growth from the current consolidation within the industry.

It is all down to the management team. Current market cap of FSJ is 630M. Plenty of scope for growth within a consolidating industry with an established management team that has the experience to get it right - not easy - most management teams don't get this right. FSJ's track record speaks for itself here and at the moment I can't see a better management team to back,

cheers

[roddiemac2] 12/5/2015 09:28

APAD,

What does not look too hopeful ?

[illiswilgig] 12/5/2015 09:23

Roddimac - sorry I was still composing my message and ended up duplicating your post.

cheers

[roddiemac2] 12/5/2015 09:22

deadly,

In FSJ`s case , I don`t think the election results have anything to do with the share price performance. The shares are quite tightly held ,and the majority of trades in recent days have been small. I hold more than were traded yesterday.

illiswilgig`s post above sums the situation up nicely ( last two paragraphs )

I have said it many times before --the sea is effectively the last frontier.