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

Spot on.

cheers Gf.

Stepping up again this morning. This could thunder on now, like the 1.40 to 3.00 run.

Im hoping so GH. It looks very promising.

cheers GF.

Superb results today....

James Fisher reports 32 pct rise in profit from continuing ops to 10.7 mln stg
AFX


LONDON (AFX) - Marine services provider James Fisher & Sons PLC reported 2005 profit from continuing activities of 10.7 mln stg, a rise of 32 pct, following the transformation of the company from a traditional shipping company into a marine services company.

James Fisher said its Marine Support Services grew by 34 pct in 2005, and now accounts for 57 pct of profit from continuing operations.

The company said it would propose a final dividend of 8.79 pence per share, up from 7.7p the last time.

With analysts looking for further news on the discontinuation of its Cable ship division, James Fisher said it has written down severely its remaining ship, Oceanic Princess, and will sell it in due course.

Looking forward, Chairman Tim Harris said the company 'is well placed to generate significant organic growth through 2006 and beyond. It has the financial strength to continue its acquisition strategy when the right opportunities arise.'



newsdesk@afxnews.com

ks


cheers GF.

This is excellent news, just what I was expecting. I'm away in Far East so not read the nitty gritty yet - it can wait! Thanks and Chill goldfinger!! Onwards to 500p to start with!

Yup thatl do me GH.

cheers GF.

Just look at the movement up this morning.

cheers GF.

Whoosh!

Just seeing how things closed last night - great move higher. Reading elsewhere that the Telegraph said profit upgrades expected.

Flying ahead.

cheers GF.

I suspect that last weeks gains were partially due to the partial pending sell off of BNFL and the spiralling costs of nuclear decommissioning where FSJ should benefit and may look to increase it's capabilites.

John Lee was singing their praises in the FT on Saturday (14% divi increase).

Cheers, Madison

Strange price movement in this one. Cant seem to work it out. Never mind as long as its generally upwards.

cheers GF.

Nice bit of news today on new tanker delivery too.

Im told this as been tipped in the SCSW tip sheet this weekend.

cheers gf.

Yes it was - excellent write up, nothing that we don't already know other than more acquisitions should be expected across each division. Fisher expected to capitalise on nuclear decomm. and share price has further to run.

Was it a BUY reco GH? or accumulate.

Cheers GF.

Very much a BUY

Cheers GH.

Nice to see this one hovering on bagger status since first posting here. P/E of just over 17 to 31st of December 2007 means this one doesnt look so cheap at the moment but there is great momentum behind it so a few bobs worth of profit and further wartching and holding for me.