14 Oct 2015 @ 19:54
I’m continuing to search the whole UK market for companies to go into the Modified cyclically-adjusted PER portfolio. I only got as far as the letter ‘B’ when I was waylaid by BHP Billiton. So’ I’ll start from there and work my way through the alphabet. It may take some time before I find another […]
12 Oct 2015 @ 21:21
Haynes’ (
LSE:HYNS) share is less than five times its earnings when eps is taken as the average over the last 9 years. For a company to have such a low price relative to its proven earnings must mean that Mr Market thinks that it will never again produce the 9-year average eps of 23.8p. This […]
09 Oct 2015 @ 20:18
Haynes (
LSE:HYNS) has an illustrious past (150 million manuals sold), but what we need to consider now is whether it has a future that will allow for profits of at least £2m and dividend payments of at least £1m per year. If it can stabilise at that level the share price will rise modestly. If […]
08 Oct 2015 @ 20:10
I bought Haynes (
LSE:HYNS) at 115.9p for my Modified-PER portfolio in February. If I now wanted to sell them I could get only 107p (£1.10 to buy). But I’m not thinking about selling them – quite the opposite. (I posted a fairly full analysis 11th-19th February, so I’ll mostly concentrate here on the news coming […]
19 Jan 2015 @ 19:15
If you wish to discover what my views are on PV Crystalox on its’ long term prosperity, please sign up to my premium blog on the ADVFN premium newsletter service. Here is a small sample that is found in today’s article: “It has a net current asset value of £40m, with no bank or bond debt, compared […]
17 Jan 2015 @ 02:32
If you wish to discover what my views are on PV Crystalox on its’ long term prosperity, please sign up to my premium blog on the ADVFN premium newsletter service. Here is a small sample that is found in today’s article: “PV Crystalox’s (
LSE:PVCS) balance sheet took quite a lot of work to understand what is going on. I […]
08 Jan 2015 @ 01:52
If you wish to discover what my views are on Caledonian Trust on its’ long term prosperity, please sign up to my premium blog on the ADVFN premium newsletter service. Here is a small sample that is found in today’s article: “Caledonian Trust (
LSE:CNN) spent the last 7 years doing very little to gain annual revenue. It has, on […]
06 Jan 2015 @ 21:36
If you wish to discover what my views are on Caledonian Trust on its’ long term prosperity, please sign up to my premium blog on the ADVFN premium newsletter service. Here is a small sample that is found in today’s article: “I first bought into Caledonian Trust, a small Edinburgh property developer, in July 2013 at 70p. They […]
22 Dec 2014 @ 23:08
If you wish to discover what my views are on Dewhurst on its’ long term prosperity, please sign up to my premium blog on the ADVFN premium newsletter service. Here is a small sample that is found in today’s article: “I have been following this company for many years and have met Richard and David Dewhurst a […]
17 Dec 2014 @ 22:37
If you wish to discover what my views are on Dewhurst on its’ long term prosperity, please sign up to my premium blog on the ADVFN premium newsletter service. Here is a small sample that is found in today’s article: “It is very difficult to obtain information on these niche areas of engineering. In fact I could […]