James Fisher and Sons PLC (FSJ)

336.2
-1.0(-0.30%)
  • Volume:
    12,688
  • Bid/Ask:
    327.0/338.5
  • Day's Range:
    337.0 - 338.5

FSJ Comments

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(1)
  • Can't see why shares have declined this much
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    • James Fisher and Sons (LON:FSJ) - Improvement in the Fendercare ship-to-ship transfer business remains below the rate previously expected. A recent deterioration in the condition of a financially distressed customer has increased bad debt risk by circa £2 million. Now anticipates Underlying Operating Profit for the full year, before separately disclosed items, to be in the range of £27-£32 million. Management is performing a detailed review of the Group's cost base and balance sheet, continuing to advance at pace the divestment of non-core businesses and assets aimed at generating significant proceeds over the next year.
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    • Huge market over reaction Peter Wood. if you don't already own, would mark a good entry point.
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