binjiou
13 Apr 2017
PS PS very well done to mnamna and forddrive for holding for the long term .
binjiou
13 Apr 2017
The last frontier As is usual on most days , trades today were predominantly small . perhaps a broker has been recommending the stock; I know not.I first bought FSJ at 104p. in Nov 2001: then an unexciting but solid value play. When Tim Harris became chairman, with a vision to move into marine services , I bought more. I sold most of my holding between £6 /7 a few months before the credit crunch , and started buying them back at £3.40 after the dust had settled in late 2008. Age and a limited income has forced me to sell some in the last two years, but FSJ is still my largest holdingThe transformation of the business over the last ten years has been very well executed . There should be more to come. As I have often said --the sea is the last frontier.
mnamna
13 Apr 2017
Re: mining on the sea bed I wonder what is pushing the shares up at the moment? Perhaps the maintenance spend is returning to the Oil and Gas fields? They did say that maintenance cannot be postponed for ever. Bought my first shares in August 2000 at around 70p. With the benefit of hindsight - I wish I'd bought more, but it is still my largest and most profitable holding. Good luck
forddrive
12 Apr 2017
Re: mining on the sea bed Shares are more or less at all time high, bearing in mind that they are ex dividend. As you know, we started buying about 18 years ago. Good luck.
binjiou
12 Apr 2017
mining on the sea bed [link] British scientists exploring an underwater mountain in the Atlantic Ocean have discovered a treasure trove of rare minerals.The recent news that a mountain of rare mineral bearing rock has been discovered on the ocean floor bears witness to what is likely to be a race to mine at great depths . FSJ must have many of the technologies and capabilities that will facilitate the inevitable; there is likely to be enormous activity in our lifetime.
mnamna
28 Mar 2017
Re: acquisition Binjiou I could not agree more with you. If ever there was a company focused upon the long term - this is it in my view. I like their style. It's a strong hold for me at the moment as it's the largest holding in my portfolio. cheers
binjiou
27 Mar 2017
acquisition on the 22d of this month the company announced the acquisition of Rotos 360, " broadening its offering in the growing wind farm sector."This should have good long term potential.
binjiou
02 Mar 2017
buy and hold Yes, in a frantic investment environment , buy and hold has been very profitable here. FSJ suits my investment style admirably. It would indeed be nice to find other companies like FSJ,
forddrive
02 Mar 2017
Re: solid business capable of more growth Binjiou - we must have started around the same time - we have accumulated shares steadily, and will continue to add on any weakness. I wish there were more shares like this to invest in!
binjiou
02 Mar 2017
solid business capable of more growth Yes, a very solid business, well diversified , both geographically and by sector. Having held for 15 years, I am happy to continue to hold. FSJ is also by far my largest holding.
mnamna
01 Mar 2017
Re: J Fisher Yep, Solid is the word. Finally the Bod have made positive comments about Trading in the oil and gas division and about maintenance contracts for the Norwegian base. I doubt this would be the case unless they'd really seen a change in trading.Stability and possibly even growth in this division should certainly give the current year a good start. I'm calling it a hold as its by far my largest holding and has been for quite a while - though I'd be tempted to reinvest at least part of the divi on any weakness in the SP,cheers
forddrive
01 Mar 2017
J Fisher Solid and reliable results, with some glamour thrown in (China, India etc). Our number one key holding of equities.
forddrive
02 Dec 2016
J Fisher The sp is really motoring now.
tejo
23 Nov 2016
Trading statement and contract The trading statement and the Shanghai contract win bode well and should more than compensate for a slow oil market and the delay in nuclear decommissioning.. The statement reaffirmed the outlook for the year that was in the half yearly report and all this, plus currency, should mean a profit increase, it is just a question of how much. Nuclear work will come in time and FSJ continues to be a very interesting niche company and well worthwhile backing. I added a few more yesterday and it is only the relatively high PE that restrains me further.
forddrive
22 Nov 2016
fisher A positive trading statement.
