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J Fisher Seriously Undervalued, And Trading Is Looking Excelent. (FSJ)     

goldfinger - 08 May 2003 15:52

The above company has to be brought to Investors attention, with a P/E circa of 8 and news coming from the company that business is in fine shape and with a more or less Monopoly in its Marine Division and Cabel Laying division, a price target of 2.00 cannot be far away.

Make no mistake this is a well managed company, and does well in both Bull and Bear markets, a fine addition to anyones growth portfolio.G

Greyhound - 30 Nov 2005 08:37 - 19 of 142

I have held for a long time and am not selling out. I think this still has a long way to run. Trying to keep this as brief as possible, about 2/3rd of revenue is now coming from the higher margin marine services division. The recent acquisition of Monyana, which specialises in winches, increases the operations in this arena.

The recent sale of one of the cable laying ships (there are 2) is excellent news. This has been the bug bearer for me as this side of the business has not been doing well since the the dotcom crash. However, not only have they sold one of the vessels but maintain the charter income into next year.

The great "extra", which I feel has yet to take effect is the nuclear decommissioning sector. The nuclear decommissioning Authority set up by the Government is confirmed to spend 2billion per annum. JFisher are set to gain from this - as recent confirmation that the submarines are able to play a significant part in speeding up the decommissioning processes. This services sector is wide wide open. 4.50/5.50 in next 12-18 months?

mitzy - 30 Nov 2005 10:17 - 20 of 142

I am a recent holder and am confident thatFisher will do well in the long term so hopefully 550p is a conservative target.. cheers.

John McEvoy - 30 Nov 2005 10:18 - 21 of 142

Many thanks to Goldfinger and Greyhound. I will follow up on fsj. The information from Share Watch will be of great interest.

John McEvoy
john@aravon.com

mitzy - 05 Dec 2005 10:16 - 22 of 142

Moving ahead slightly today..

goldfinger - 06 Dec 2005 11:47 - 23 of 142

Nice to see these moving ahead strongly and still rather cheap. Once through 4 who knows where we might end. Remember its new business area is very much more profitable than the cable laying business.

cheers GF.

mitzy - 06 Dec 2005 12:10 - 24 of 142

I like the chart GF and thats good enough for me for 400p in a month or so.

goldfinger - 06 Dec 2005 12:26 - 25 of 142

Hi Mitzy,

havent seen you for a while. Hope your still making the mega bucks.

FSJ spot on. Nothing flashy here but nice growth.

cheers GF.

mitzy - 06 Dec 2005 19:43 - 26 of 142

Still around gf and doing just great.. yes Im in from 350p and like what I see.. cheers.

goldfinger - 06 Dec 2005 23:07 - 27 of 142

Good on yer Mitzy.

cheers GF.

goldfinger - 27 Jan 2006 11:57 - 28 of 142

This ones going well at the moment, up over 4 quid and we are away.

cheers GF.

Greyhound - 27 Jan 2006 12:25 - 29 of 142

Goldfinger - we've seen a little volatility recently but stabilising now and as you say, clear of 4 and we're off again. Big gains to come medium term with nuclear decommissioning. I would not be surprised to see acquisitions as well. Excellent management team to boot.

davehmiller - 27 Jan 2006 12:55 - 30 of 142

Hi GF suprised to see you on here.[dont know why]. Was looking at fsj a year ago but forgot all about them[the word plonker comes to mind]. Still, bought in July but they started going sideways. Perhaps there will start to climb a bit.

goldfinger - 27 Jan 2006 13:06 - 31 of 142

Fingers crossed Guys.

cheers GF.

Madison - 27 Jan 2006 13:36 - 32 of 142

Dave - try looking at a four year chart. Not much sideways movement in that context!

Nice to see this one having a positive spell.

Cheers, Madison

goldfinger - 08 Feb 2006 23:01 - 33 of 142

Now up over the 4 quid barrier, NICE.

cheers GF.

Madison - 09 Feb 2006 08:29 - 34 of 142

Off to a great start again!

Cheers, Madison

Greyhound - 09 Feb 2006 08:32 - 35 of 142

This one has been hovering for quiet a while and little news coming from the company. I suspect they're progressing well in the background and we're now in for a period of upward momentum.

dclinton - 09 Feb 2006 08:48 - 36 of 142

Nice surprise this morning. Put in a limit order last night after scanning this thread and doing a bit of research and got filled pre-market at 4.06

goldfinger - 09 Feb 2006 10:39 - 37 of 142

Yup superb , this is more like it.

cheers GF.

goldfinger - 09 Feb 2006 12:43 - 38 of 142

Maintaining its rise upwards.

P/E to 31 Dec 2006 = 14.4

P/E to 31 Dec 2007 = 13

Derd cheap.

cheers GF.
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