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James Fisher- Focus in Asia Pacific

July 2012

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:
  • 562.5p
James Fisher, led for many years by chairman Tim Harris, has achieved a remarkable transformation. Ten years ago it was a traditional shipping group, battling with a range of cyclical businesses in tankerships, general purpose ships and cable layers. But since the early part of the decade it has reinvented itself as a specialist “marine support services” company operating increasingly international services such as supplying specialist personnel and equipment (such as wirelines and compressors) to the oil industry, robots for inspecting nuclear rods and fenders for the ship-to-ship transfer of oil.This classic transition from sunset to sunrise industry has already produced great results, with profits up more than six-f ...

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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.

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