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James Fisher

July 2006

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.

  • Epic Code:
  • FSJ
  • Price:
  • 436p
James Fisher has ended its involvement in the cable ship market with the long awaited sale of its last remaining cable ship, Oceanic Princess, for US$18.25m. All the provisions for future costs, asset write downs and residual earnings estimates were included in the 2005 annual accounts so there is no impact this year. The net proceeds of the sale, after costs and repayment of the associated debt, will be used to grow further the core marine support service activities. Still a buy. * The writer has a shareholding ...

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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.

All material on this website is protected by copyright. You may use Information retrieved from the www.scsw.co.uk website for your own personal non-commercial use which means that you may not sell or copy this information to any third party without prior written consent. ISSN 1358-183X

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