Re: J Fisher My pleasure.I should add that I do rate the management team at Fisher very highly. I also have what is a substantial position for me. More often than not over the last few years its been my top holding and I have rarely, if ever, sold any and always bought back more over time. cheers
Re: J Fisher Thank you for your helpful comments. We continue to hold - we started buying about 15 years ago, and have what for us is a substantial position.
Re: J Fisher Hello Forddrive,I am also a long term shareholder, been in since around 70p from memory.Fisher is now a part of the FTSE 250 so it's much more investible by institutions than it used to be as a small cap. Also it's seen as exposed to the Oil and Gas industry and although the offshore oil division has been scaled back since the fall in oil price it's still a drag on the company and has yet to return to growth.Although the company is positioning itself well for the medium and longterm the problem is that in the short term its not making much progress and the shareprice is pricing in better growth, so the shares have been fluctuatiing in the £15-17 range for quite a while now. It will take some big deals rather than bolt-ons and some upgrading of earnings expectations for it to move out of the current range. I think it will happen - but I don't know when, and if I did I would be much, much wealthier!Just my opinion,cheers
J Fisher We are very long term holders. The day to day/week to week volatility in the share price seems rather surprising given that the company operates in reasonably stable markets/segments. Any comments? Thank you.
Re: large trades Thank you. We also hold and add below £15.
large trades The first three large trades went through within 5 minutes of each other ; the fourth went through some ten minutes after the third. They were likely to be the same seller, and probably four different buyers . (143,794 at 1580p and 75,397 at 1578.42p) ---Everyone has to sell at some stage , and there are many reasons for selling . I see nothing sinister in the latest deals.The shares are fairly highly rated , and deservedly so in my opinion .I am happy to continue to hold.
J Fisher Weird share price movement following today's solid results. The shares rose at first but around midday there were a few transactions involving about 250k shares, following which the shares retreated. Any clues? Thank you.
J Fisher Yes indeed, solid is the word!
another solid performance Outlook Profit in the second half is likely to benefit from the phasing of projects across our renewables businesses due to seasonal factors and across our offshore oil businesses due to some improvement in oil and gas sector demand. We would therefore expect to see good growth from our Marine Support division. In Offshore Oil, orders in our Norwegian and our downhole equipment businesses have begun to show clear signs of recovery. Our Specialist Technical businesses continue to trade well despite some slowing in our nuclear decommissioning activities. Tankships maintain its good performance of recent years. Overall, we therefore expect to see stronger growth for the Group in the second half leading to a good improvement in the result for the year.
J fisher Investors appear to be taking a cautious view of the chairman's forthcoming pronouncements about future trading.
labarynthitis I know what yo mean.---------- ---------- ---------- ---------- ---------- ---------- ---------- ---------- ---------- -------I am experiencing slight nausea and dizziness on an almost daily basis: suspected labarynthitis. This caused me to cancel my attendance at the AGM of CML Microsystems today. I am comfortable holding FSJ for reasons oft explained ( mostly on ADVFN ), so no sea sickness for me, and FSJ is definitely not the cause of my inner ear problem! We already know that interim results will be similar to last year " trading in the first half is likely to be similar to last year with growth weighted to the second half"
J Fisher Sometimes I feel a bit sea sick with the sp movement. A life on the ocean wave, perhaps? We hold and buy on any big weakness. We have done this for many years.
Re: UT ( uncrossing trade ) Thank you. Now I know!
UT ( uncrossing trade ) It was an uncrossing trade."The last trade at 16:35 is a "UT" uncrossing trade and can generally be ignored. For those of you who want to know how it is calculated:The Uncrossing Algorithm performs a series of passes within an individual market, matching the best bids and best offers present in the price time sequence. When all crossed volume has been matched, an Uncrossing Trade Price can be determined for the market. This price is found by applying one of the following calculations.The calculation used is determined by the presence of residual limit volume within that market following uncrossing.The four possible cases are: There is no remaining bid or offer limit volume in the market Uncrossing Trade price = the average of the bid and offer price from the last match. There is remaining limit offer volume but no limit bid volume in the marketUncrossing Trade Price = offer price from last match. There is remaining limit bid volume but no limit offer volume in the marketUncrossing Trade Price = bid price from last match. There is remaining limit offer and limit bid volume.To determine the Uncrossing Trade Price in this case: Determine what the Best Offer Price is. Determine what the Bid Price is from the last match. Take the lowest of these. This is known as the High Price. Determine what the Best Bid Price is. Determine what the Offer Price is from the last match. Take the highest of these. This is known as the Low Price.The Uncrossing Trade Price is the average of the High Price and Low Price. If this value is halfway between two tick values the price allocated to all uncrossed business will be rounded towards zero (rounded down if the value is positive, rounded up if the value is negative).If no matches occur within a market there will be no Uncrossed Trade Price for that market."Clear as mud--?
J Fisher Big trade - presumably a sell - just before the close. Any clues? Thank you.