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Haynes Publishing

January 2003

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:
  • HYNS
In February we recommended shares in Haynes Publishing, at101p  and the shares have climbed to 134p, following a flow ofgood news.  The group, which is the world-wide market leader inpublishing manuals to help DIY enthusiasts carry out routinemaintenance, restoration and servicing of cars and motorbikes, has justannounced that its first half, to 30 November 2002, has materiallyexceeded expectations.  This reflects unusually heavy purchasingpatterns in the US (its biggest market) as well as the success of somerecently launched manuals. Earlier the group announced a return to a pretax profit of £2.1m(£0.7m loss in 2001), with earnings of 13.2p, in the year ended May2002.  A particularly encouraging sign was the ...

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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.

All material on this website is protected by copyright. You may use Information retrieved from the www.scsw.co.uk website for your own personal non-commercial use which means that you may not sell or copy this information to any third party without prior written consent. ISSN 1358-183X

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