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

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

Fisher (James) & Sons PLC
06 November 2006

For release 06 November 2006



James Fisher & Sons Plc

('James Fisher' or 'the Company')


Formation of James Fisher Inspection & Measurement Services




James Fisher (FSJ.L), the marine services provider, announces the formation of a
new company, called James Fisher Inspection & Measurement Services (JFIMS), to
provide inspection and measurement services to the nuclear, defence and offshore
sectors and has appointed Dr Paul Read as its managing director, who joins from
British Nuclear Group, where he was managing director of its instrumentation
subsidiary, with extensive experience in the field of measurement and
characterisation technologies.


JFIMS, which will be based in Manchester and near Sellafield, is also
establishing partnerships with key product manufacturers and is pleased to
announce a strategic partnership with VJ Technologies Inc, a New York based
market leader in the provision of safe, state-of-the art inspection systems and
provision of X-Ray characterisation equipment for a broad range of applications
and demanding operating environments.


JFIMS will provide a broad measurement and inspection capability based on a wide
range of technologies, including optical, acoustic and X-Ray. The new company
will operate alongside James Fisher Nuclear and James Fisher Defence to enhance
the services offered to these key sectors.


Tim Harris, Chairman, James Fisher said:


'We see JFIMS as an important development in providing quality services to our
customers in the nuclear, defence and offshore sectors, and are delighted to
bring on board someone of Paul's experience and stature within the industry. He
has a proven track record of fulfilling customer needs in regulatory and quality
driven markets leading to very rapid and sustained profitable business growth.
JFIMS is already forming partnerships with key product manufacturers.'


Vijay Alreja, Director, VJ Technologies, said:


'James Fisher is a key component of VJT's European business plan and the
Company's commitment to the UK customer base, coverage and complimentary
capabilities make it an ideal partner to deliver our product to market and
provide lifetime support and operations personnel.'


Paul Read said:


'Changes in the nuclear and defence markets are leading to an increasingly open
competitive environment demanding greater emphasis on service quality, delivery
to programme and value for money. JFIMS is addressing this market opportunity
through innovation to meet customer needs. We are delivering for our customers,
utilising state-of-the-art JFIMS equipment with highly skilled and experienced
personnel trained within the industries they are now supporting. Feedback from
the market has been very positive and we are confident of achieving strong
organic growth.'




For further information please contact:

Nick Henry Chief Executive Officer James Fisher & Sons plc 020 7338 5808
Dr Paul Read Managing Director James Fisher Inspection & Measurement 07831 553 719
Services 0161 232 1414
Peter Binns Adventis Financial PR 020 7034 4760

This is yet again looking very good value to me and good to see the development of the new division and recent acquisitions. FSJ was also Small Company Share Watch's main buy recommendation this weekend. I expect to see us break a lot higher now, maintaining this 5 year uptrend.

Me too.

Been storming ahead in the last few days.

And will shortly be testing the all time high. Very good value still in my opinion and shall be holding for 6/7 and more cash generative acquisitions to come.

Seriously undervalued.

Moving on up.

Continues its ride up.

Nicely breaking into new territory and few seem to realise what a good company this is with excellent management. We'll be reading more and more about FSJ in the coming months...

Spot on GH.

Up another 4% today, a bit of momentum gathering behind this one now.

Yup moving up nicely.

James Fisher to buy FT Everard for 23.7 mln stg cash, assume debt of 28 mln stg
AFX


LONDON (AFX) - James Fisher & Sons PLC, a UK provider of marine services, said it has agreed to buy FT Everard for 23.7 mln stg and the assumption of 28.0 mln of debt.

Fisher said it will finance the purchase through existing and new bank facilities.

FT Everard currently operates 11 CPP tankers, nine of which it owns, with four further tankers due to enter service in 2007, and owns and operates Cattedown Wharves - a port facility on the River Plym, Plymouth.

The acquisition is expected to be earnings neutral in 2007.

Fisher said the acquisition will bring a predominantly modern double hulled fleet to the group. It will also benefit cash flow which will help the group to accelerate the expansion of its other divisions; and, the ability to bring FT Everard's fleet into the tonnage tax regime.

When the acquisition is complete FT Everard chairman Michael Everard and MD William Everard will join the board of James Fisher.

Fisher also commented on current trading which it said, overall, is in line with management expectations.

It said the offshore oil services and specialist technical services divisions are trading well in the second half, however, marine oil started slowly owing to an extended summer dry-dock season with mechanical problems identified in two vessels. These vessels have now been repaired and the ships returned to service.

Based on current trading and the expected benefits from the acquisition, the directors view the prospects of the enlarged James Fisher group with confidence.

newsdesk@afxnews.com

slm

Hi Goldfinger. Just been talking about this elsewhere. Plymouth is my home town, not that I live there now and this in my mind is a masterstroke (again) for Fisher to have under it's umbrella. Also, I believe they will have excellent connections in the area and this could well extend to Plymouth's Devonport Dockyard - think, submarine fleet, marine services, refits, nuclear..

There's insufficient stock out there and this company is entering a new league!

Panmure raise Fisher from hold to buy, target 640p. (That could be this week then ;) )