Thought I'd start a new thread for this one. This month British Nuclear Fuels (BNFL)has come under the authority of the Nuclear Decommissioning Authority (NDA)which has a 48 billion budget from the government to decommission former BNFL sites, estimated at around 2 Billion per year initially. Fisher is set to benefit tremendously from this decision and this has not yet been appreciated by the market (P/E ratio for 2005 12.7).

Fantastic results far exceed what
was expected at the beginning of
the year..........



Outlook



The strong result in the first half is further testament to the Company's strategy of applying its core marine skills to the vast and fast growing markets of Asia and the developing world. There continue to be good prospects across all the service divisions to drive further organic growth. The company also remains alert for possible bolt-on acquisitions which can reinforce the market position and growth prospects of its businesses.



The Specialist Technical division is leading the expansion into Asia, Australia, Africa and South America. The BP contract in Angola has completed its mobilisation phase and is working well operationally. The nuclear business continues to strengthen its scale and market position but its result in the first half benefited from a one-off contract for the London 2012 Olympics. The company remains confident about the future prospects for the division to produce further growth.



The Offshore Oil division is seeing the benefits of strong demand for its niche capabilities both within the North Sea and, more particularly, overseas in countries such as Brazil which presents attractive new opportunities for the Group.



The Defence division is well placed in its niche subsea market and is positioned for growth in its submarine rescue and swimmer delivery vehicle segments. However, the completion of the URF contract in August and the reduction in the size of the Foreland contract means that this business is likely to report a slow second half.



The high growth rates achieved in the first half reflect a number of major contract deliveries and should not therefore be extrapolated into the second half. Nevertheless, James Fisher remains on a healthy growth path which provides confidence for the future.



The Company is trading to management expectations to date in the second half and continues to be well placed to deliver further value to our shareholders.

First broker up grade out.....

RESEARCH ALERT-Investec raises James Fisher price target21 Aug 2012 - 07:50

Aug 21 (Reuters) - James Fisher and Sons PLC : * Investec raises James Fisher price target to 725p from 685p ; rating buy For a summary of rating actions and price target changes on European companies: Reuters Eikon users, click on [RCH/EUROPE] Reuters 3000Xtra users, double-click [RCH/EUROPE] Reuters Station users, click .1580 ((Bangalore Equities Newsdesk +91 80 4135 5800; within U.S. +1 646 223 8780))

Expecting more broker upgrades over
the next 48 hours.

FSJ....... Stock broke out to a 52 week high just last week......

Another broker upgrade.........

RESEARCH ALERT-N+1 Brewin raises James Fisher and Sons price target21 Aug 2012 - 08:11

Aug 21 (Reuters) - James Fisher and Sons PLC : * N+1 Brewin raises James Fisher and Sons PLC price target to 799P from 780P ; rating buy For a summary of rating actions and price target changes on European companies: Reuters Eikon users, click on [RCH/EUROPE] Reuters 3000Xtra users, double-click [RCH/EUROPE] Reuters Station users, click .1580 ((Bangalore Equities Newsdesk +91 80 4135 5800; within U.S. +1 646 223 8780)) ((Bangalore Equities Newsdesk +91 80 4135 5800; within U.S. +1 646 223 8780))

Another broker reporting.

21 Aug Fisher (James) &... FSJ Panmure Gordon Buy 671.75 645.50 720.00 720.00 Retains

Questor share tip-

http://www.telegraph.co.uk/finance/markets/questor/9490728/Questor-share-tip-Niche-operator-Fisher-offers-seaworthy-opportunity.html

Well resurrected GF, and what a chart in an interesting sector.

Yep looking good Stan. Wouldnt rule out an acquisition or two soon.

Ex.divi this week paying just under 1%, Can it keep going? Well if history is anything to go by then it would suggest yes.

Forth Crossing Bridge Constructors-Contract Award

James Fisher and Sons plc ("James Fisher") today announces that its subsidiary Strainstall UK Ltd (Strainstall) has been awarded a contract to provide structural monitoring technology and engineering support to the new Forth crossing, a cable-stayed bridge carrying a motorway that will complement the existing road and rail crossings over the Firth of Forth.

The multi-million pound contract involves the installation over 4 years of a range of complex monitoring technologies to the bridge during its construction, providing realtime data to allow continuous remote monitoring of precise movements and loadings.

Interim Results http://www.moneyam.com/action/news/showArticle?id=4653367

Had a flutter here FSJ looks way oversold on association with Oil Industry. Many strings to its bow.

Interims: http://www.moneyam.com/action/news/showArticle?id=6107372

Montanaro Asset Management Limited reduce https://www.moneyam.com/action/news/showArticle?id=6198757

Trading statement https://www.moneyam.com/action/news/showArticle?id=6218549

ACQUISITION https://www.moneyam.com/action/news/showArticle?id=6269098