Primary Recommendation

James Fisher- Marine suport services firm targeting aquisitions

June 2013

Investing in shares may lose you all or some of your money. Past performance is no indication of future performance. Some of the shares recommended here may be small company shares, which can be relatively illiquid and hard to trade and this makes such shares more risky than other investments.

Over the month we met both with the chief executive and finance director of James Fisher, a company which has undergone an extraordinary transformation from a traditional shipping business to a fully fledged marine support services firm, employing skills that are increasingly in demand due to tightening legislation. Thanks to its diversified mix of marine service businesses, which includes the renting of generators, winches and lifting equipment as well as carrying out ship-to ship transfers of oil, Fisher has increased eps 185% to 54.1p in the past nine years and the shares have already undergone a dramatic re-rating. The obvious question is whether this can be sustained but CEO, Nick Henry, believes the best is yet t ...

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Perform - Sports media rights firm benefiting from rapid growth of "in play" betting

Whitbread - Unveils new expansion target for its budget hotels business

James Fisher - Oil price decline takes its toll (October 2015)

James Fisher - Resilient results in spite of oil weakness (May 2015)

James Fisher - Gain to date: 40% (October 2014)

James Fisher - Buys Testconsult (August 2014)

James Fisher - Eps forecast upgraded 6% (April 2014)

James FIsher - Shares hit new highs (October 2013)

James Fisher - Unaffected by falling energy prices (May 2009)

James Fisher - IMS in line with expectations (January 2009)

James Fisher - One-off problems now behind it (October 2008)

James Fisher - Marine support services firm in hunt for acquisitions (December 2007)

With small companies there is an above average degree of risk compared to buying blue chips. Please be aware that we have not assessed the suitability of any of these investments for you. The newsletter simply states a personal view and diarises the editor’s investment decisions. Please speak to your stockbroker or other qualified individual to ascertain whether any of these companies mentioned would form useful additions to your own portfolios. Past performance is no indication of future success.

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