Northern Foods Share Discussion Threads

[mrphil] 03/2/2017 08:10

Maybe B&Q will need to up their game now.

[aleman] 03/2/2017 08:04

China raised by 0.1% overnight unexpectedly, supposedly to combat soaring corporate debt.

[mrphil] 03/2/2017 07:48

Looks like our old MP is still busy

Mark Hoban, Chair of the IRSG, and former Treasury Minister, said: “The UK is the leading international financial centre and there are clear benefits to the EU in ensuring the UK’s ability to act as a strong financial hub for Europe. The UK Government must negotiate an ambitious deal that maintains the highest degree of access for the UK to the EU and vice versa.

[mrphil] 03/2/2017 07:46

Morning All.

Looks like that could be it for ZMNO then. I kept a few just in case so now need to decide whether to get what I can this morning or wait to see what's left!

"The Zamano Board is focused on conserving the company's strong cash position by optimising our withdrawal from our existing business lines. The on-going regulatory changes in our industry have forced our hand earlier than anticipated. We are hopeful in relation to our strategic discussions, however in the absence of concluding a transaction which shareholders approve, we will focus on how best to return the maximum amount of cash possible to shareholders."

[aleman] 03/2/2017 07:46

There were about 20 US companies issued reduced guidance for Q1 overnight. Amazon actually beat expectations and then still reduced guidance:

[shadowside] 03/2/2017 07:44

freddie. Tend to agree with you. I have an aversion to companies with too much debt. As the old maxim goes " When the tide goes out you can see who's not wearing any swimming trunks".

[freddie ferret] 02/2/2017 19:30

CLLN has to much debt as does DEB IMHO.

[blueliner] 02/2/2017 18:08

+0.32% for today. [FTSE250 +0.10%]

Highest value risers : GVC +6.3%, ASY +7.5%, BRWM +2.2%, LLPC +1.4%, BMS +2.5%.

Worst value fallers : BGO -5.1%, IGR -2.2%.

Stonking good update from GVC, will the rise be sustained though.

Pleasant day, max 12C with road surfaces dried out for the first time this year, windscreen wipers redundant for once.

Had to have a replacement 'entertainment centre' fitted by dealer today, all under warranty. On the way back from garage got off the tram for a Wetherspoons traditional breakfast & coffee at the well known Roebuck Inn St James's Street, a rare treat. Lovely old established city centre pub refurbished building.All for £4.35, can't beat it.

[deanforester] 02/2/2017 18:03

"nettoyer les etables" perhaps?

[shadowside] 02/2/2017 17:59

I wonder what the French for "Drain the swamp" is?

[deanforester] 02/2/2017 17:41

I'm up +0.416% on the day today (FTSE100 +0.466%).

Best rises: RB. +4.1%, CPG +3.0% and WMH +1.9%.

Worst falls: CLLN -1.4%, LGEN -1.2% then AV., BLND, LLOY and MARS, all -0.8%.

Trip down to Holmbush this morning, to make use of my MKS discount vouchers. Mrs DF couldn't find what she wanted, but I got a new blazer which she says I need, a pair of trousers and a couple of shirts. Followed by a carvery over the road at the Royal George. Heavy rain going, but it had stopped by the time we set off home. +7°C first thing, about +9°C at lunchtime.

Do we batten down the hatches for the morning?

DF

[shadowside] 02/2/2017 17:40

Stunning start to your business year Mr P. Congratulations.Maybe different with commercial quality LED's but what I have noticed in the ones I have at home is a tremendous improvement in reliability through time. I was an early adopter and when I started it was not unusual to have a whole batch fail. I now have about 70 of various types and cannot remember the last time one went.Huge improvement over CFL's particularly the instantaneous full light.

Very windy up here but mild. Had an outing to the physio today to look at what I assumed was a slightly pulled hamstring which has been nagging for a few weeks and not improving. Turned out to be a slightly out of place muscle that was pressing on the sciatic nerve. After some prodding it was back in place and pain has gone. Amazing. She certainly has a magic touch.

Read through Brexit White paper. All sounds very sensible and well though out.They clearly have some talent in the Exit EU department. I see the wee scottish lassie is still bleating on about not being consulted. Clearly the 60 MP's she has don't count. She had a vote and yet again lost.

[skinny] 02/2/2017 17:01

My SIPP finished up 0.06%.

A bit more catch up TV tonight.

[mrphil] 02/2/2017 16:57

Similar with my lot, the SIPP was up by about £50 and the pot was down by a similar amount.

Death In Paradise tonight, good lighthearted nonsense!

[mrphil] 02/2/2017 16:51

Not sure if LED will grow the overall market Aleman, but it is certainly killing off all other lamp types resulting in an awful lot of redundant stock throughout the industry - we're written off thousands of pounds worth regularly! The theory was that there could be problems in a few years time if LED's really do last as long as claimed, as there would be no need to replace them with new ones. Of course, in reality, the fittings themselves will still deteriorate and tastes change so people will upgrade anyway.

[aleman] 02/2/2017 16:46

Broadly unchanged again, today, although marginally down over the two days.

After creeping up slowly for a couple of days, we finally got a peak of 10.8C. Te warmth didn't really help as drizzle and wind made it feel cold inside and out.

[aleman] 02/2/2017 15:49

Will LED grow the market? With significantly less electric consumption, it could lead to markedly more outdoor lighting ordered, perhaps.

[mrphil] 02/2/2017 15:43

Retail is a smaller part of our business these days, but actually they often spend more on store upgrades when the going gets tough to try and tempt more customers through the doors. We do a lot more bespoke stuff these days and lots of exterior lighting, but I believe we are seeing the benefit of a lot of hard work on our marketing. Being a tiny fish in a big pond we can nibble away without the big boys noticing! Even if a £1bn market drops 20% there is still a lot of stuff being bought and I'm not after all of it!

[mrphil] 02/2/2017 15:20

Skinny, don't worry, all is good here - order book for January up +52% on last January, turnover up +112%!

[mrphil] 02/2/2017 14:26

One of our insurance brokers has just decided to restructure with office closures and redundancies. They are an £8M t/o business.

[aleman] 02/2/2017 13:44

Bad earnings miss from Ryder on weak used car prices.



Sales down 6% at another retailer



AstraZenica down over 3% after weak sales and guidance



Quorvo (tech) and M/I (housebuilder) both had big earnings misses.

I'm struggling to keep up with all the significant US earnings misses. I might stop reporting them like this. Sooner or later, the market will catch up. I'm wondering what the trigger will be that brings a switch from ignoring all the bad stuff to ignoring all the good stuff and a drop in the Cyclically adjusted P/E from 28 to 14.

[aleman] 02/2/2017 13:12

I don't know if this is typical but there seems to be a lot of councils laying off. This gives a bit of an insight - higher council tax and 300 jobs lost.

[aleman] 02/2/2017 13:00

Poor numbers from Resolute Forest Products, Sally Beauty and L. Brands (Victoria's Secret sales down 10%). Horror shows from fashion chains Buckle and Cato, with Jan LfL down 18% and 15%.





Plenty of widespread snows has been good for ski resorts.