II Editor
01 Dec 2017
NEW ARTICLE: Should you buy Haynes shares? "I'm thinking of buying my Dad "Haynes Explains: Pensioners" for Christmas, but should I buy the shares?Interesting question. LSE:HYNS:Haynes is an itch I cannot stop scratching. Terrific brand, which is why these tongue in cheek mini-Haynes ..."[link]
mnamna
02 Jun 2017
Re: The AGM Dammit, wish I'd noticed this write up before it would have been the perfect antidote to the majority of negative inputs at the time. I have always seen Vivid (now HaynesPro) as the future of the company and thought that they had a chance of pulling it off - now I reckon that they have a good chance of pulling it off. I've always wanted to attend an AGM - but sadly am too busy everytime - hope to change this one year. cheers
mnamna
02 Jun 2017
Re: +12% - Whale Oil Beef Hooked I think you stand a good chance of scraping your shares through your MOT in the near future. Pleased to say I am just in the money already around 1.77. Though with the monster divis over the years I am very well off 
And to think I was closer to selling than buying more when it was right at the bottom. I'm inclined to think the old girl might have new life in her and am content to stay with them for the moment.
yeehar
01 Jun 2017
+12% - Whale Oil Beef Hooked The 3-year chart as it stands today suggests that - indeed - 'Reassembly is a reversal of dismantling'.I personally need £1.96 - the equivalent of it scraping through an MOT and getting "sold as seen"!
TX2
22 Dec 2015
Re: The AGM Interesting thoughts & I just about see a speculative buying case at around £1 if the HaynesPro offer is profitable.But I do have considerable concerns re the underfunded pension scheme.Haynes need to at least double their contributions otherwise it could wipe the equity out,they also need to freeze future accruals as well as closing to new entrants.
profdoc
06 Nov 2015
The AGM Following the AGM I wrote a 1700 word report. Obviously I can't post it all here - but you may find it useful if I post some of the paragraphs here.Glen Haynes Publishing – yesterday’s AGMBoy am I glad that I doubled my holding in Haynes (LSE:HYNS) a couple of weeks ago because I got the distinct impression that this company is on the up at the AGM.As usual I hogged the largest part of the question time. After that I chatted with the key directors about the company’s position and strategy for the future. (for background see my Newsletter posts: 11th – 19th Feb, 8th-12th Oct) Firstly let me say that the people who run this company could not be more welcoming to the interested investor. They seem decent and honest, judging by their open attitude, sincerity and gentleness. In short, I do not fear a lack of integrity with regard to shareholders’ interests. For me this is a vital criteria for investment. I would have sold my today shares if I did not trust them.Second, I detected a general atmosphere of confidence. They could not be too specific because of Listing rule restrictions (i.e. avoiding giving some shareholders privileged information) in indicating why they are so optimistic, but my impression is that most excitement has been generated by the fruit that is coming from the knowledge and skill base built up in HaynesPro. The ability to supply detailed data on hundreds on vehicles to professional users can be used not only to deepen and broaden the moat around the franchise that already has 40,000 loyalists across European (e.g. 90% of the German market), but can be used in all sorts of other ways. With this in mind, they have been recruiting heavily in this area (hence the failure of staffing numbers to fall as revenue fell 20% over the last 5 years – an answer to one of my questions) so as to bring the vital computer and online capabilities in-house.This now provides a platform for extending into more services for the manual buyer or the online user of the manual. They have invested in created an unrivalled knowledge base which already has customer trust; and they have created in-house distribution methods which are right up there with the best that Silicon Valley has to offer. They can leverage this competitive advantage in so many ways – some that are only just now beginning to be revealed to them as the possibilities for new services and products come to mind.I’ll give you one example: Before the meeting I had a phone call from my youngest son who had taken to a garage a van that we use for the property developing business - the power assisted steering went phut. This was not a garage we normally use. The mechanic said this will cost quite a lot to fix. We have no idea what the normal cost would be. It would have been very useful to know the labour time and the cost of the part. HaynesPro provides this information to its subscribing mechanics already so they can price a job. It’s also useful for hire car companies and other organisations.The knowledge has already been created by HaynesPro. So, at little additional cost, it could be made available to the general public – my son would pay a few quid to know what would be a reasonable amount to fix his steering.And that is just one idea for brand and knowledge extension now that Haynes has the information base. Dividend policyA question was raised about dividend policy, and the reply was: “the dividend we have declared is our confidence in the future.” This statement contributed to my hope for the future of this firm, because what I think they are saying is that the current low dividend cover ratio will be corrected as earnings grow again when the rewards of the strategic shift that started in 2008 with the purchase of Vivid (now HaynesPro) come through.HaynesPro profitsOn the issue of profits at HaynesPro I raised a concern: I said that the accounts did not reveal whether or not HaynesPro made a profit, could the Board
II Editor
29 Sep 2015
NEW ARTICLE: Haynes Publishing: Throwing in the oily rag "Haynes Publishing, one of the first companies to join the Share Sleuth portfolio, leaves it. The investment was a slow-motion car crash.Today’s the day I throw the oily rag into the engine bay of the old banger and call the breaker’s yard ..."[link]
II Editor
28 Sep 2015
NEW ARTICLE: Haynes Publishing: A whiff of panic? "Bad news is following bad news at the venerable manual publisher battling to stay relevant.Haynes, manual publisher and provider of data and schematics to the auto trade, has announced in the space of little more than a week the ..."[link]
mcescher
30 Jul 2015
Analysis report on Haynes Publishing Group Haynes Publishing Group is looking undervalued on this report [link]
II Editor
29 Apr 2015
NEW ARTICLE: Haynes: A predetermined “sell†"Despite it’s heritage, the chances are Haynes Publishing is not a good long-term investment. But it might make a good trade.My last article on Haynes, commentary on the company’s half-year results in January, ended on a positive ..."[link]
II Editor
23 Apr 2015
NEW ARTICLE: Getting to grips with segmental analysis "Buried in the notes to the accounts, a company’s segmental analysis can tell you a lot about it.Often the first section I turn to in an annual report is a company’s segmental analysis. That is because the first thing I want to know about ..."[link]
churjones
16 Feb 2015
Re: NEW ARTICLE: Haynes: Straining for relev... In unfairness to Haynes i'm selling this company in a negative way, even though i have bought shares,for to long it has related the digital experience, but does not tell you how long it has taken it to get to where it is now, i can tell you a long time.The company has been drifting along on the back of a good share price and in business terms under performance of a product, for to long, that why it needs a good development manger/coordinator, to move this company digitally forwards so much is possible for this company with it's offerings both in paper form and electronically i await the predator to see it. dyor
II Editor
16 Feb 2015
NEW ARTICLE: Haynes: Straining for relevance "Venerable motor manual publisher Haynes barely broke even in its first half. It’s revving up its digital strategy to become more relevant. Last month motor manual publisher Haynes published results for the half-year to November 2014. It ..."[link]
churjones
13 Feb 2015
Out of Fuel One of my old favorites Haynes, with a yield still over 6% and PE of 15 this is just on the cusp of what i consider should be it's low point, It's one of those companies that needs revigorating with a new set of brushes, to sweep clean, it has gone a short way to put in new technology but appears to have run out of fuel,or has choked on it's lack of forward motion. i like it for it's potential, the results might be a call to put a fuel additive in the business to give it new life
