Northern Foods Share Discussion Threads

[mrphil] 17/2/2017 08:14

Sorry to hear that Aleman. I thought the cough I got at the beginning of December had finally gone but yesterday it started causing trouble again, and there are loads of people that seem to have had the same problems this year.

[aleman] 17/2/2017 07:57

Good morning.

I had to come home from the quiz early. I had felt sluggish so had a shower but that made me feel more tired. When I got there and had a pint I just wilted. I stopped long enough to answer questions but did not see any marking. I feel rather rough this morning and wonder if this cold will ever clear. The pub was busy after a few post-Christmas quieter weeks.

[mrphil] 17/2/2017 07:50

Morning All.

Hadn't spotted that BP. & RDSB went xd yesterday, that makes me a bit happier regarding their falls!

The new guy in Death in Paradise did OK last night, difficult for him after the excellent job done by both of his predecessors.

[aleman] 17/2/2017 07:49

Sharp deterioration in December.



Software guidance down



Think I did these already?



Maybe not as many misses in last 24 hours but some sharp falls reported and commentary that sounds recessionary to me. I'm surprised share price falls have not been bigger but we keep seeing that US shares tend to ignore bad news and very bad news only sees modest falls.

[blueliner] 16/2/2017 20:35

-0.17% for the Folio [FTSE250 -0.65%]

Worst value fallers : BGO -5.1%, IRV -3%, BP. -2%[xd], BA. -1.1%, BNKR -2.6%.

Highest value risers : ASY +3.3%, GSK +1.4%, MCLS +3.1%, PHTM +2.7%.

IMB clawed back 37% of its xd fall, reportedly takeover target.

Highest percentage riser was FOG again, a mere +34% today, a long way to go yet to recover my -95%.

Threatening dark clouds & rain spots spoilt what had been forecast as an ok day. A better tomorrow is promised..

Power supply burnt out on 6 year old HP slimline desktop powering WIN 7, part ordered.

[deanforester] 16/2/2017 18:31

I'm down -0.296% on teh day today (FTSE100 -0.335%).

Worst falls: AZN -3.4% XD, RDSB -2.1% XD and S32 -2.1%.

Best rises: GSK +1.4% then CPG and ULVR, both +1.1%.

I had 4 go XD today, AZN, BP., IMB and RDSB. S32 reported interims, which were good so the price fell.

I have just spent ages trying to work out why EDF want twice the predicted monthly cost on the new tariff.

DF

[mrphil] 16/2/2017 17:38

Good luck with the quiz Aleman!

[aleman] 16/2/2017 17:16

-0.1%.

10.3C. Mot much sun until later on but still felt pleasant when it did come out, after a drixxly spell around lunch.

I'm just about feel up to going to quiz after coughing up a load of muck this week. Don't want to break our winning streak. Can we make it 4?

[mrphil] 16/2/2017 17:02

Mixed fortunes today and, despite ending at almost the day's low, the SIPP managed +0.09% thanks to CTO, GSK & ALD. Not so good for the pot which fell -0.61% at the hands of RDSB, LGEN & SGC so the oilers struggled today.

Death in Paradise tonight, with a new DI at the helm!

[mrphil] 16/2/2017 15:15

Shadowside, they are going to fit a tie bar support from wall to wall across the curved end to cope with the extra weight. Something like this I guess

Good job I doubled up on CTO recently, they are certainly helping to keep the SIPP positive today! ;-)

[aleman] 16/2/2017 14:26

Profit warnings seem to be flowing in every US sector now. Here are a few from a wide choice.





Niche lender clobbered by much higher provisions



Big nutritional supplements chain axes dividend as sales collapse.




And yet we are getting these weird surveys through:



So the US economy is about to boom according to surveys yet forecasts are being revised down as loan delinquencies increase in all sectors? Strange.

[aleman] 16/2/2017 12:56

US auto loan delinquencies rise sharply in Q3 and Q4 to reach highest since 2009.(Chart is good for quick check.) The average amount borrowed is up 25% over that period.

[shadowside] 16/2/2017 12:03

Mr P,

Tinted glass sounds a good solution. I have plain glass and there is so much glare that we keep the pinoleum blinds up all the time which rather defeats having a glass roof! A little surprised you can replace polycarbonate with glass as normally requires a much more substantial structure to carry the weight.

[mrphil] 16/2/2017 11:20

Morning All.

Just met the conservatory guy to get a quote for a new roof. Sounds like the existing polycarb roof panels were fitted back to front so the UV protection is on the inside which explains why they have gone brittle! He recommends tinted glass these days which will make a big difference to the feel of the space.

Pleased to see CTO saving me from the worst so far today.

[blueliner] 16/2/2017 07:59

Morning

Comparator BEZ which I hold reduced their special dividend recently but shares were lifted as worse expected.

Of interest:



Outside it looks a much improved day.

edit : LRE +6.3%! should boost the LLoyd's underwriting sector, HSX & BEZ.

[aleman] 16/2/2017 07:58

Sorry to hear that, wllmherk. The dangers of enjoying high yields is some get cut, as I've suffered myself recently. The real question is whether it is a sign of a slowing economy, in which case you will see more insurance fraud hitting margins in months ahead and some insurers will be hit by share price falls, as well.

3.9C overnight and already warming. A bright start to the day bodes well.

[wllmherk] 16/2/2017 07:48

That is disappointing regarding LRE as I hold these and my folio is weighted towards financials and other insurers. Not going to be a good day I suspect,

wllm

[aleman] 16/2/2017 07:38

Laura Ashley and Lancashire Holdings have reduced dividends. Signs of some US troubles leaking into UK, perhaps?

Lanashire were hit by higher yields in low risk yield assets, i.e. a capital loss. This could be a bit of a one-off but it is likely to hit all insurers. Lots of US financials have been missing forecasts, as I have previously mentioned. The adjustment phase hurts but higher yields should help insurers in the longer run.


In the US, Avis Budget missed modestly forecasts. They have not been a bad economic indicator in the past. There were slightly weak numbers from CBS and Cisco. CBS had a 3% fall in ad revenues. Falling ad revenue is often an earlier sign of a slowing economy.

[aleman] 15/2/2017 22:55

Britain’s biggest building society has dramatically upped its provision for bad debts over fears that borrowers are poised to start defaulting on loans.

[shadowside] 15/2/2017 19:32

I can beat that DF. I worked for a year in a research lab before I went to university and got paid £5/week at age 17. Did get free bus travel from Leeds to Harrogate though.

Starting salary after university was £1250/year. I remember when I got my first plant supervisory job at 26 I was the lowest paid person on the plant!

[mrphil] 15/2/2017 17:34

An OK day for my lot, the SIPP dropped back from earlier gains but still edged ahead by +0.18% with LLOY, GSK & AGL leaqding the risers. The pot di even better at +0.95% thanks to AMS, LLOY & LGEN.

Who Do You Think You Are tonight so just a quick nip around our local Tesco. That will waste the next SBRY voucher but I'm not sure we need to spend £60 anyway.

[aleman] 15/2/2017 17:33

Some bad news - just ignore it like markets do!

[aleman] 15/2/2017 17:22

I started as an apprentice at 17. I earned about 1/4 of the final rate for my eventual occupation to begin with and was on about half at 21, after a bit of a jump at 18. When I got the proper job at 22, I doubled my pay - and that was without occasional overtime, although I did have to work rotating shifts as part of the deal and deal with managing 10 men, which apprenticeship did not train me for. I think part of the deal with appreticeships was that you might get poached so they did not like paying high wages as well as the high costs of training in case it was money down the drain for them. It seemed fair enough to me at the time and still does. Remarkably, I managed to get a loan at 18 large enough to buy my first house, a back to back terrace. The building society manager seemed to think I seemed sensible and had good career prospects. I'm not sure I'd get through the computer program these days. Life was frugal as the mortgage rate went from 8% to 15% but it was satisfying that I coped okay.

-0.1%

It was setting up for a lovely spring day, with a sunny morning reaching 10.6C, but it dropped 2C as the murk set in before lunch and it's now a bit drizzly.