James Fisher profit steams ahead
21st Aug 2012 07:49
Asia focused marine services firm James Fisher hauled in strong half year earnings growth following robust demand from specialist technical, particularly in Asia and Africa. Underlying profit before tax rose to £17.1m for the six months ended 30 June 2012 from £14.1m the year before. Group revenue
Read moreSunday share tips: Randgold, James Fisher, Quindell
27th May 2012 15:51
Questor was neutral on Randgold shares for some time, but recommended a purchase after the shares slumped 13 per cent following a military coup in Mali, where the company's flagship Loulo mine is to be found. The shares were at 57.65 pounds. However, since then the tumbling gold price and a weak set
Read moreSector movers: Metals/mining stocks tumble after FOMC statement
4th Apr 2012 15:55
The industrial metals and mining stocks were the worst performers of the day on Wednesday as commodity prices took a tumble on the back of comments from the US central bank. Last night's minutes from the latest meeting of the Federal Open Market Committee showed that members had become less incline
Read moreBBA Aviation boss jettisons incentive plan shares
3rd Apr 2012 16:02
Shares in aviation support service group BBA Aviation are a few pence off their 52-week high, so it was not a bad time for Group Chief Executive Simon Pryce to get shot of a pile of shares awarded under the firm's long term incentive and bonus plans. Pryce jettisoned 323,613 shares at 215.55p each
Read moreSunday share tip round-up: James Fisher, Reckitt Benckiser
12th Feb 2012 13:31
The shipping industry has been in the headlines recently as freight rates have plunged, but James Fisher's specialist expertise is in demand. Last week, Fisher unveiled a new five-year contract with BP Angola to provide export tanker support services off the coast of the West African country. Fisher
Read moreBroker tips: International Power, James Fisher, Perform
30th Aug 2011 11:10
Despite International Power's (IPR) recent strong performance, UBS has kept its buy rating on the power generator and said that upgrades are expected following an investor day in September. "IPR is almost perfectly positioned for the uncertain macro outlook: limited exposure to deleveraging economi
Read moreBroker snap: James Fisher upgraded to add
30th Aug 2011 10:23
Charles Stanley has upgraded James Fisher & Sons from hold to add, after its interim results highlighted the "continued attraction of the group's specialist niche marine services offering." The Asia-focused marine services firm reported last week that revenues rose 12% and normalised pre-tax profit
Read moreJames Fisher hauling in eastern profits
23rd Aug 2011 10:00
James Fisher and Sons, the Asia focused marine services firm, saw revenues rise 12% in the first six months of 2011 compared to 2010. Total revenues were at £148m and underlying pre-tax profits stood £14.3m by the end of June, up 5% on the previous year. The business model of James Fisher is to l
Read moreJames Fisher wins sub rescue gig
26th May 2011 13:53
Marine services provider James Fisher has been called on by Swedish navy to modernise the navy's submarine rescue capability. James Fisher will undertake a full refit of the existing vehicle and design of the Swedish navy's rescue vehicle (known locally as a URF). The company will also build and i
Read moreSmall caps round-up: Costain, James Fisher, GVC
5th May 2011 16:24
Engineering group Costain is trading in line with board expectations in 2011. The order book has expanded to £2.3bn and the group has preferred bidder positions of more than £400m. To date over £850 million of revenue has been secured for 2011, the group said, leaving the board confident of further
Read moreSunday tips round-up: JPM Russia, Stadium, Cape...
20th Mar 2011 11:27
JP Morgan Russian Securities is trading at a discount to its net asset value of 727.53p as of March 15. It holds at 13.3% stake in Sberbank of Russia, 9.4% of retailer Magnit and 6.9% of miner Norilsk Nickel. Its largest investments are in the consumer staples, minerals and financial sectors. The c
Read moreWednesday tips round-up: G4S, Luminar, Close Brothers...
16th Mar 2011 06:53
G4S's organic growth last year stood at 2.1% and is already running ahead this year. Profits before interest, tax and one-offs were 4.2% ahead at £527m. What you get with G4S is a good geographical growth story and a strong play on economic recovery in Britain, the Continent and America. Unexciting
Read moreJames Fisher on even keel
15th Mar 2011 15:32
Results for 2010 from marine services provider James Fisher were in line with market expectations, with underlying profit before tax up 9% despite a lower contribution from the offshore oil services division. Underlying profit before tax in 2010 rose to £27.1m from £24.8m in 2009, while underlying
Read moreFriday tips round-up: Derwent London, Close Brothers, Centrica...
19th Nov 2010 06:40
Derwent London, the office landlord, joined the chorus of commercial property companies singing the praises of London's buoyant market yesterday. It is encouraged by the continued improvement" of the market in the heart of the capital, despite economic conditions remaining "uncertain". Rentals are
Read moreSmall caps round-up: Pantheon, James Fisher, Mirland...
17th Nov 2010 13:17
Texas-focused oil explorer Pantheon Resources' loss for the year to September fell to £2.54m, from £3.05m last year, which included impairment charges of £1.4m for the abandonment of the Vision Rice University #1 well. Plans to drill a second well, Kara Farms #1, have been subject to a series of un
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