Haynes Publishing Share Discussion Threads

[wad collector] 04/6/2019 07:29

Yes , only need another 5 or so statements like that and we will be back to 2005 highs...

[balcony] 04/6/2019 07:12

Fast out of the traps with that well ahead statement.

[gleach23] 04/6/2019 06:55

If only all my holdings could produce statements like this...

"The strong trading performance in the first half of the year has continued during the second six months and the Board expects adjusted profit before tax for the 12 months to 31 May 2019 to exceed current market expectations by c.10% and finish ahead of the prior year by c. 24%."

[gleach23] 07/3/2019 12:52

Chart looking promising here for a next leg up?

[topvest] 14/2/2019 19:04

Mr Haynes was a legend. RIP. He made his mark on the world that's for sure. His legacy , other than Haynes itself, is the Haynes Motor Museum which he leaves for future generations to enjoy.

[freddie ferret] 13/2/2019 17:35

Aye 80 years old, not a bad innings I guess, but still sad all the same.

[wad collector] 13/2/2019 16:46

Death of the founder John Haynes today.

I suspect none of his holdings will reach the market as there will be IHT avoidance measures in place for the rest of his estate.

[illiswilgig] 04/2/2019 12:48

Yes very interested - thank you very much.

The Haynes section was much as I expected - but I found the D4T4 section extremely useful.

thanks once again

[norbert colon] 03/2/2019 11:47

If anyone is interested - link below to a podcast on the Cube Investments website where I discuss Haynes amongst other some stocks in the same / similar sector. https://cube.investments/cube-podcast-9-simons-research-driven-investment-strategy/

[rndm355] 31/1/2019 12:20

In-depth research on Haynes from a shareholder (paid access):

[rp19] 28/1/2019 20:28

Good results and pleased with "the transition of Haynes continues to gather momentum and we enter the second half of the year with a clear strategic vision for delivering sustainable revenue and profit growth".

[gleach23] 28/1/2019 16:08

I think being up 6% on 3 trades totalling 6500 shares illustrates just how few shares there are available.

Let's hope 200 provides little resistance.

Edit - oh, and as if by magic...

[norbert colon] 24/1/2019 14:58

https://www.thebookseller.com/news/haynes-profit-soars-23-digital-growth-937371

[wad collector] 24/1/2019 09:08

Good to see a positive looking set of interims. A gentle rise to £4 over the next decade to take me into the blue? Interesting comment on the pension situation at the end.

- Headline revenue growth up 7% on last year at GBP18.3 million (2017: GBP17.1 million as restated).

-- YoY digital revenue up 23% at GBP9.7 million (2017: GBP7.9 million as restated) representing 53% of overall Group revenue (2017: 46%).

-- Higher revenues have driven adjusted EBITDA up 15% to GBP6.3 million (2017: GBP5.5 million as restated).

-- UK & European revenue up 15% YoY; segmental operating profit up 32% at GBP2.5 million (2017: GBP1.9 million as restated).

-- Like-for-like North America & Australian revenue down 4% YoY; segmental operating profit held at GBP0.4 million (2017: GBP0.4 million).

-- GBP4.4 million investment in new content, datasets and delivery platforms, up 7% (2017: GBP4.1 million).

-- UK defined benefit scheme closed to future accrual on 30 November 2018.

[norbert colon] 23/11/2018 12:16

Haynes is not alone in having a pension deficit and whilst it is quite large when compared to the mcap, I don't see it as unmanageable and will correct itself as bond yields rise. Equally why do the treasury shares concern you?The A and B share classes are not ideal as the Haynes family have ultimate control but this has its pro's and con's and I feel the Haynes family act in the best interest of the business.With EPS of 16.4p forecast for FY2019 and with net cash of £2.5m they are on a net cash adjusted PE of only 10.Not sure where you got 20 from?Lots of new contracts being signed for their professional business (HaynesPro / E3 / OATS) Happy shareholder!

[jeevsje] 23/11/2018 11:32

Sells at 168p, well below thd bid. All characteristics of a large drop to come. Support at 100p?

[spob] 22/11/2018 07:34

Anyone know what happens to treasury shares in the event of a takeover

does the acquirer have to pay for the treasury shares aswell ?

not expecting a Haynes takeover, but was just wondering

[spob] 22/11/2018 04:56

the pension deficit puts me off

and also the 9m family held A shares

and also the shares held in treasury


when you do the sums properly, the true pe ratio is around 20

which is too much

[norbert colon] 20/9/2018 10:46

Come and meet the management team:https://www.sharesoc.org/events/sharesoc-growth-company-seminar-in-london-10-october-2018/

[dan_the_epic] 08/9/2018 20:51

£20m pension deficit....

[sabzahmed] 06/9/2018 09:48

I don't think the sell pressure is hugh and hope it doesn't fall that much. My stop loss will kick in if it goes another 10% down. Regret topping up a month ago thinking the results would make me a few pennies.

[likitorma] 06/9/2018 09:36

I can see this moving to low 100s in the next few weeks. Huge selling pressure here.

[walbrock82] 06/9/2018 04:27

After disposing most of its assets. Haynes management indicates the company is focused on more expansion, a code word for negative free cash flow.

[norbert colon] 05/9/2018 21:57

https://www.investorschronicle.co.uk/tips-ideas/2018/09/05/haynes-lifts-digital-revenues/The challenges faced in relation to automotive print manuals in Haynes' consumer markets may have contributed to the shares' dip on results day. But, at 205p, Haynes trades on a PEG ratio of just 0.89 (using Panmure Gordon's EPS figure for 2018, and two-year forecast CAGR to FY2020). We think the shares still represent good value. Buy.  

[muzerewa] 05/9/2018 11:06

Like for like revenue is flat comparing Q1 2018/19 to prior year.