Previously writing on marine service provider James Fisher & Sons (FSJ), in March with the shares falling below 390p I noted suggested further near-term difficulty. The shares last closed at 305p and are currently falling below 300p on the back of half-year results.
Previously writing on marine service provider James Fisher & Sons (FSJ), in October with the shares down to circa 530p I noted with it seeing it necessary to make “detailed” reviews to bargepole. The shares last closed at 499p but are currently below 390p on the back of full-year results...
A trading update from marine service provider James Fisher & Sons (FSJ) includes that “revenue in the quarter ended 30 September 2021 was 7.6% higher than Q3 2020 and 8.7% higher than Q2 of 2021… The board now anticipates Underlying Operating Profit for the full year, before separately disclosed items, to be in the range of £27m - £32m”. So why are the shares currently, at around 530p, more than 30% lower?...
