Haynes International (HAYN)

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See all Bulls Reasons Bulls: Reasons To Buy Stock down 50% which creates buying opportunity 0% agree Stock down 50% which creates buying opportunity The stock is down nearly 50% in the past three months (in the bottom 10% of the market). This scary drop opens up an opportunity for long-term investors. The company has a decently sized short interest. View or Edit Reason 0 votes 0% agree Growing their competitive moat with value-add products 0% agree Growing their competitive moat with value-add products As of the last conference call, the company was operating at +100% operating capacity for flat alloy products (accounting for 70% of profits). The Company claims to have "big demand for value-added service" and is "moving up the value chain" in their niche markets.... read more View or Edit Reason 0 votes 0% agree Periodically subject to takeover speculation 0% agree Periodically subject to takeover speculation As a small company, HAYN is always subject to take over speculation. They pose a nice value to the massive multinational steel companies. The price of nickel (needed for nickel-alloys) is driven by the stainless steel markets. Third Avenue Value is a holder of the... read more View or Edit Reason 0 votes 0% agree Bears: Reasons To Sell Feeling Bearish? Be the first to explain why this would make a poor investment Send the authors a comment or suggestion Be the first to make a suggestion See All Suggestions

Top Contributors Will Morrissett

Haynes International (HAYN) develops, markets, and manufactures specialty alloys for aerospace, chemical processing, gas turbines, power generation, incineration, industrial heating, hazardous waste, etc. These alloys are manufactured in several forms: sheet, coil, plate, forgings, fasteners, bar, wire, billet, tube, as well as value-added custom cuts and forms.

The Company's customers are very diverse, including GE (GE), Rolls Royce (RYCEY.PK), Boeing (BA), DuPont (DFT), Dow (DOW), Eli Lilly (LLY), BP (BP), and many more. The manufacturing occurs in the US (Indiana, Louisiana, North Carolina) with 6 US Sale/Service centers and 7 international (England, France, Italy, Switzerland, India, China).

[edit] Financials

As of the last conference call, the company was operating at +100% operating capacity for flat alloy products (accounting for 70% of profits). The Company claims to have "big demand for value-added service" and is "moving up the value chain" in their niche markets. Moving into this model can grown the companies moat and competitive advantage. By continuing R&D, becoming critical partners with their customers, and increasing value-added products the Company can protect their weak moat.

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