forddrive
05 Aug 2015
FSJ FSJ sp seems to have bottomed out after the recent slide. Presumably an unexciting first half is now priced in - we will see when the results come out towards the end of August.
forddrive
30 Jul 2015
J Fisher Correction: very cautious.
forddrive
30 Jul 2015
J Fisher Investors seem to be taking a cautious view of the likely interim results. We remain supporters, though we have too many shares in this particular company to be buyers.
gretel
27 Jul 2015
Re: Share price FSJ have already stated that this year's upcoming 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.
forddrive
24 Jul 2015
Re: Share price Well the interim statement is due towards the end of August and the Chairman had already signalled some weeks ago that the first half will be less than brilliant. So there is probably some nervousness about the actual first half outcome and a reluctance to buy when the markets are weak. We intend to hold.
carbo 1
24 Jul 2015
Share price Anybody know of a reason for this persistent decline in the share price?
binjiou
12 May 2015
Takes out a competitor Of the take over of their competitor,X-Subsea Holdings Ltd , Nick Henry (CEO) says-- "The transaction strengthens and consolidates our position in subsea services, and will enable James Fisher to become the global leader in mass flow excavation."
binjiou
01 May 2015
Schroders Schroders have increased their holding by 514,927 shares to 6,778,838 ( 11.013% )They have maintained a holding for many years, and have tended to top lop and addas they see fit. From memory , their holding has never been lower than about 9% ( sometime in 2008 )
binjiou
30 Apr 2015
forddrive,Vous avez raison.
The Preston Plumber
30 Apr 2015
Re: Fisher Sold out today. Had a good run. Re-invest elsewhere.
mnamna
30 Apr 2015
Re: Fisher Yes, I'd view this as a buying opportunity for the long term. I think Gretel is most likely right in the short term. But then I am not a trader - my timing is too poor! and there is always the possibility that FSJ brings out some better news in H2 and I miss the chance to get back on board again so I think I'll just enjoy the wait instead.cheers
forddrive
30 Apr 2015
Fisher Ca n'est pas le fin du monde.
binjiou
30 Apr 2015
trading statement I am not inclined to sell .I still see long term growth here. Depending on how far the shares drop , I may buy more. I hold a lot of this well managed company. Apart from The offshore oil, the company is operating in all the right markets.
gretel
30 Apr 2015
Sold out after poor trading statement I sold this morning in tranches straight after the bell. Bit of a wrench after all this time....I was surprised at the extent and effect of the prior year one-off contracts, and the lower H1 profits will not look good and will put FSJ on a pretty high rating.The share price could drift back to 1000p (or lower if the oil price environment continues to be weak), so best to protect quite large profits after what's been a great run.I'm sure I'll be back in at some stage as FSJ will bounce back, but that may not happen for another 8-9 months.Good luck all.
gretel
28 Apr 2015
New bargain acquisition Looks like FSJ have just acquired a bargain from the administrators....[link] Fisher Offshore buys Specialist Subsea Services Limited assets The assets and intellectual property of ROV and offshore survey company Specialist Subsea Services Limited have been sold to James Fisher Offshore. Blair Nimmo and Geoff Jacobs of KPMG LLP were appointed as Joint Administrators of Specialist Subsea Services Limited on 25 February 2015.The Company’s key assets were five ROV’s and a significant amount of subsea survey equipment.Immediately following the appointment, the administrators implemented an accelerated marketing process for the business and assets.Following the closing date for offers, James Fisher Offshore Limited was awarded preferred bidder status for the Company’s assets on 20 March 2015.Certain assets were situated in various locations across Europe. This additional complexity necessitated significant time and effort to be invested by all parties involved to achieve the optimum transaction structure.Following the period of exclusivity, the Company’s assets and intellectual property only were sold to James Fisher Offshore Limited on 17 April 2015.Blair Nimmo, joint administrator and head of restructuring for KPMG in Scotland, said:“We would like to thank everyone involved for their significant efforts in helping to deliver this outcome. We are very pleased to have concluded the sale of these assets to James Fisher Offshore which will provide the best outcome for the Company’s creditors and may also generate the opportunity for future employment. We wish James Fisher Offshore every success for the future.”"
