Northern Foods Share Discussion Threads

[aleman] 15/3/2017 20:54

Not many results in US now but there are still odd significant poor ones:

Guess numbers spoiled by weak falling sales and margins in the Americas



Whirlpool shares ease after US shipments slow.

[aleman] 15/3/2017 20:13

UN says Africa needs $4.4bn aid to alleviate the drought in 9 countries and civil wars in 10 countries. Total African development aid budget from around the globe in 2015 was $54bn. UK's £12bn foreign aid budget sent £2.54bn to Africa in 2015 which was nearly enough in itself (before £ fell). Where is this money going if it is not available to help the most needy? The $4.4 already seems to be there if they just suspend or postpone existing African Aid projects spending for one month. Alternatively they could suspend/pospone 1/3rd for 3 months, as the deadline for the $4.4bn was given as 3 months away. The news headines all about Charities appealing for more but what is happening with existing funding? The droughts and civil wars did not start yesterday.

[blueliner] 15/3/2017 19:42

-0.14% today. [FTSE250 +0.07%]

Worst value fallers : CLIG -9%, IGR -3.3%, CSN -2.8%, MCS -2.5%.

Highest value riser : BGO +9.1%, HAYT +8.4%, BRWM + 1.9%.

Folio should be in profit today but a completely erroneous closing bid on CLIG has thrown a spanner in the ADVFN figures no doubt corrected tomorrow.
BGO nice rise, now in profit, alas my trimming back, you never can tell with results.

Best day of the year so far wall to wall all day.

[deanforester] 15/3/2017 17:43

I'm up just +0.050% on the day today (FTSE100 +0.147%).

Best rises: IMI +1.3%, LGEN +1.2% and RIO +0.9%.

Worst falls: CLLN -1.5%, INDV -0.9% then NG. and S32, both -0.8%.

Not a lot of movement today, but edging upwards is fine. BATS go XD tomrrow.

Did some gardening this afternoon, trying to remove Ivy that is swamping a Philadelphus. 3 bagfuls to the dump.

Probus lunch tomorrow and the AGM, then Rotary Past Presidents' Dinner in the evening. That's at a Thai restaurant, which used to be Indian. I might drink tea.

DF

[mrphil] 15/3/2017 17:27

As with others, SIPP was well into positive territory all day and fell off towards the close, ending with a huge gain of +£15.47 with top risers LLOY, ALD & CTO. The pot did better with +0.49% thanks to LLOY, LGEN & RR.

The Real Marigold Hotel tonight, after a short stint at the local Tesco, but need to negotiate the new front path first which I gather can't be walked on for 24 hours!

[aleman] 15/3/2017 17:12

Opened nicely up and fell away again as usual - but perked up in last hour for a changee. +0.3%.

Sunny with a little hazy high cloud. +15.4C.

[skinny] 15/3/2017 16:57

My SIPP finished up 0.12%.

A slow start, then wall to wall sunshine since @10:30 @176°C.

[freddie ferret] 15/3/2017 16:00

Warm in the sun but otherwise not so warm.
Around all square at the time of writing, but like Aleman I have noted a drop off near or on the close.

Lot is going on at the moment.
I predict a general election in the next four months.

[mrphil] 15/3/2017 15:01

Aleman, maybe it was the new pension reforms which tempted more people to take slightly earlier retirement?

[skinny] 15/3/2017 12:33

Empire State Manufacturing Index 16.4 15.3 18.7

[aleman] 15/3/2017 10:05

February employment numbers looked better - and yet there are still odd trends. Hours were up but average earnings fell from 2.6% to 2.2%. Inactives continued to increase. The main driver seems to be retired people. Retired inactives has been DECREASING for years until H1 2016, since when it has been rising. Why the change? Poorer pensions has tended to reduce early retirement and see more people work past 65. Why are more people now retiring early again? I doubt pensions have improved again. The rise in early retired ties in with a gently increasing in redundancies since H1 2016. The claimant count, that also showed a rise since H1 2016 has been removed from the main bulletin as it was stated to now be misleading (better to use a telephone poll with high error than an actual number of claimants with a trend that seems to match retired inactives and redundances!!!), although I've seen tweets that it fell slightly.

[mrphil] 15/3/2017 09:55

Yes LLOY is looking good at this early stage Skinny, although mine were bought for the long term. LLOY now my second biggest individual holding in the SIPP behind GSK and currently just ahead of BP., SSE, UU. & NG. although a couple of the managed funds are higher value.

The SIPP is hovering around evens so far today, a few ups and downs.

[skinny] 15/3/2017 09:05

Looks like good timing on LLOY MrP - I'm up to the gunwales with them in my SIPP but have added to them from 65p to my S/B account.

[mrphil] 15/3/2017 08:18

Morning All.

We saw a high of 15.3°C yesterday despite little in the way of sunshine. Low last night 8.3°C

Skinny, regrettably I can't lay claim to holding any of those!

Elon Musk making a bold offer to Australia, I presume he's confident he could achieve it!

[aleman] 14/3/2017 22:05

Buying it just because it is going up means bubble - will prices go pop? Black Swan? Watch the video and feel like a dinosaur.

[aleman] 14/3/2017 19:53

US credit union data - note the sharp rise in business loan delinquencies which seems at odds with some US business surveys.



The delinquency rate on loans at federally insured credit unions was 83 basis points in the fourth quarter of 2016, little changed from 81 basis points one year earlier. Loan performance was mixed across categories:

The delinquency rate on fixed real estate loans was 54 basis points in the fourth quarter, down from 64 basis points one year earlier.
The credit card delinquency rate was 114 basis points, up from 101 basis points in the fourth quarter of 2015.
For auto loans, the delinquency rate was 72 basis points in the fourth quarter of 2016, compared with 68 basis points one year earlier.
The delinquency rate for member business loans stood at 158 basis points, up from 109 basis points in the fourth quarter of 2015.
The student loan delinquency rate was 126 basis points in the fourth quarter of 2016, compared with 115 basis points one year earlier.

The net charge-off ratio for all federally insured credit unions was 55 basis points in the fourth quarter of 2016, up from 48 basis points in the fourth quarter of 2015.





March 10, 2017 Posted by kingcade

Americans are getting more behind on their timeshare rental payments, according to Fitch Ratings. Approximately 3.75 percent of timeshare borrowers were behind on their bills in the fourth quarter, up from 3.37 percent in the same period a year earlier, and the highest level since the end of 2011, according to the report.

According to Fitch, the defaults are evidence that loan companies are becoming less strict when financing to customers. These companies are also writing off more loans. The default rate rose to 0.70 percent in the fourth quarter from 0.61 percent in the same period a year earlier.

[blueliner] 14/3/2017 19:46

-0.30% for the Folio. [FTSE250 -0.41%]

Worst value fallers : TCAP -4.1%, IRV -3.9%, BMS -2.1%.

Highest value riser : BRSN +1.5%.

Finals today for TP ICAP saw the usual early on results fall then a full intraday recovery followed by a more serious fall to the close.
BGO final results were unclear and underwhelmed sold 20% but still have faith.

[aleman] 14/3/2017 19:15

freddie - I can see why you think I might like Ward. He probably sounds like me at times. I liked the economy post but was less taken with the more political stuff. His style is a bit of a rant. I can rant at times but I was frustrated by his lack of referencing. I like to go to source and pick up other contextual data and information. I try to give references with my posts so people can see the numbers for themselves. Otherwise, I'm just giving you an opinion. I want people to tell me if they think my take on the numbers seems reasonable. I like argument to test my thoughts. I don't change my mind frequently but it does happen. I think it is a requisite for a successful investor to admit he makes mistakes and sometimes change his mind when numbers don't come through as expected. Being stubborn costs money. On the basis of those limited posts, Ward comes across as a source of opinion when I'd prefer he was a source of information. I'd prefer more data. Perhaps he offers more of it on other occasions?

[deanforester] 14/3/2017 18:32

I'm down -0.272% on the day today (FTSE100 -0.125%).

Worst falls: CLLN -4.0%, MKS -2.2% and RDSB -1.7%.

Best rises: S32 +1.8% then KGF and ULVR, both +1.3%.

A quiet day today. I have caught up on a few recorded/downloaded TV programmes. Rather nice that Sky catch up downloads the next episode for you, without asking.

DF

[mrphil] 14/3/2017 18:10

Just bought a few euros, only managed 1.1437 which is the lowest since November.

[freddie ferret] 14/3/2017 17:14

I've said it before but I hope Trump starts to print rather than leaving it to the FED to print and then having to borrow the printed money from commercial banks in return for interest.