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

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.

Continuing its march upwards which is pleasing. Does look a little toppy now on fundies.

I see this going quite a bit higher in the next couple of years with further acquisitions on the horizon too.

An excelent bolt on and should add to EPS. I expect an upgrade from the companys broker.......

James Fisher buys Strainstall Group for 7 mln stg plus debt
AFX


LONDON (AFX) - Marine services firm James Fisher & Sons PLC has bought privately-owned Strainstall Group Ltd for 7.0 mln stg plus the assumption of 4.2 mln stg of debt.

Isle of Wight-based Strainstall designs and supplies safety and productivity based monitoring, control, load measurement and structural monitoring systems. The group operates internationally and services a wide range of industries including the marine, offshore, nuclear, and rail markets.

The acquisition is for cash and loan notes and is being funded from existing resources.

For the year ended Sep 30, 2005 Strainstall's profit after tax was 381,000 stg and net assets were 2.2 mln stg.

newsdesk@afxnews.com

joy

James Fisher unit buys UK submarine rescue service for undisclosed sum
AFX


LONDON (AFX) - James Fisher and Sons PLC said its unit James Fisher Defence Ltd agreed to buy the operating assets of the UK submarine rescue service from the UK Government's Defence Sales Agency for an undisclosed amount.

It is buying the service, which was mobilised during Russia's Kursk disaster in 2000, to provide submarine rescue services to other nations, it said.

newsdesk@afxnews.com

tfn-ban-pmi/jc