Northern Foods Share Discussion Threads

[aleman] 20/3/2017 14:49

UK retail footfall continues to decline in February - high street flat, retail parks -2.6%.

[aleman] 20/3/2017 12:10

It's increasingly looking like Greece's finances will blow up again



But, at last they are strengthening Deutsche Bank for it.

[skinny] 20/3/2017 11:56

MrP - are you going to pull them over it?

The French would just go the wrong way around that runway.

[skinny] 20/3/2017 11:37

Good Morning.

[mrphil] 20/3/2017 10:49

Morning All.

Jag had it's MOT this morning, all fine but front tyres are starting to get low so that's £300 needed shortly!

Located the wildlife camera in one of the log stores to see if the hedgehogs are around yet, but got a rather different view.....the guys doing the patio & paths have decided that's a good place to relieve themselves, pretty much every hour! That explains the bad smell we have acquired down the side of the garage!

Not too sure about this, would they have to land on full lock?!

[blueliner] 20/3/2017 08:27

Morning, solid results from PHNX this morning, solely floating the Folio ISA at moment.

Snippet from friday's MoneyWeek of interest here :

'£31.9bn: The household debt racked up in the year to January to buy 2.3 million cars in Britain - an 11% increase on the previous year'

[aleman] 20/3/2017 07:59

Thanks, pvb, although sailingjohn already pointed me in the same direction.

TAP's stonking results out today. They were 170p when I considered them 3 month ago. (~I think they maay have moved up a bit when I mentioned here.) 300p now and still looking fairly cheap. I tried to buy at the time but they would not do certificated so I said I'd think about it. It's been an expensive think!

[pvb] 19/3/2017 22:57

BBC weather bulletin just indicated that today is the equinox so there will be more day than night tomorrow - not to be confused with the spring equinox, when the sun crosses the equator, which is Monday. That is a new one for me. I'd like the physics of that one explaining.

Here we are, Aleman. Enjoy:



So the BBC weather bulletin 'equinox' is likely the time of local equinoctial day and night, which depends on latitude and longitude and so not the same as astronomical Equinox.

[aleman] 19/3/2017 22:28

Maybe people are getting sick of staring at screens!

[aleman] 19/3/2017 15:37

Here's an interesting tale of why US stockmarkets have risen this year when they probably should have fallen a bit as earnings forecasts have actually weakened. The US Treaasury built up a cash pile by issuing extra debt when rates were low in 2015 and 2016. They've run it down since Trump got in - retiring bonds instead of rolling them over - which pushed that extra $300bn cash back into other investment markets as matured bond money was reinvested. The cash pile is now largely gone and they now cannot borrow since the debt ceiling has been hit and a new one needs approving by Congress. There will be a backlog to clear once the new debt ceiling is eventually passed - probably after some nasty political wrangling - and that will soak spare cash back out of other investment markets. In short, the stockmarket stimulus in Q1 looks finished and will be reversed some time later this year, with Donald's spending plans likely getting scuppered in the process by rising bond yields and conservative Republicans. Stockmarket gains will likely reverse as Trump's (actually the Treasury's) bubble bursts. It's an interesting theory that explains the irrational stockmarket exhuberance so far in 2017.





Better than forecasted, today. Mostly overcast but brighter for a few hours after lunch, with an occasional burst of sunshine that helped us to a new high for the year of 16.4C. I started taking oue hedge down a bit. Already taken it from 15 foot to 13 a year ago. That was not too bad but taking it from 13 to 11 foot is hard work. Lots of sawing through springy bits of 2 inches and some less so of up to 5 inches. Slow progress means lots still to do. Glad it was quite breezy to keep me cool.

[aleman] 18/3/2017 11:59

Looks like Trump's infrastructure plan is not what his supporters would have voted for - privatising infrastructure with subsidies to companies and then let them charge tolls.







US Treasury Secretary Steven Mnuchin on Thursday announced his department is suspending contributions to government retirement and disability funds in order to keep the country’s debt under the mandated limit.

These steps include suspension of SLUGS, which are used by state and local governments to temporarily store the proceeds of their bond sales and ensure tax compliance; stopping investments in federal employee pension plans and halting sales of USA savings bonds.

[aleman] 18/3/2017 11:40

Tues to Sat look set to be chilly.

[blueliner] 18/3/2017 10:33

Morning
Yesterdays ADVFN Port figures were mucked up again by CLIG's closing bid, they & MAM seem to be using the NEX bid price which bears no relation to any trade.
It was non event day anyway for me :[FTSE250 +0.36%]

Highest value riser : ALT +13%.
Worst value faller : HSBA -1.4%.

+0.28% for the week, Folio YTD + 3.97%.

The hedgehog trap petition signatories is now over 14000, thanks to all, 100,000 would be nice!

A cold snap on it's way next week, possible.

[deanforester] 17/3/2017 18:34

I'm up +0.461% on the day today (FTSE100 +0.121%), up +1.12% on the week (FTSE100 +1.12%) and +5.02% YTD (FTSE100 +3.95% and HIX +2.51%). An all time high value for me.

Best rises: WMH +2.00%, ADM +1.94% and MARS +1.89%.

Worst falls: MKS -1.47%, PSON -1.37% and AV. -0.65%.

Falls in the miners held the FTSE100 back today, by the look of it.

A good pub lunch, line-caught cod, chips and mushy peas. 8 of us there. And the sun came back again as I left the pub. Got cloudier later but, like MrP, +11°C was the best.

Enjoy the weekend.

DF

[skinny] 17/3/2017 17:57

My SIPP ended up 0.66%, +0.84% on the week and is +4.43% YTD.

A few pints in the local tonight to ease my aching back!

Enjoy your weekend.

[shadowside] 17/3/2017 17:36

I think I am passing you on the way down Mr P. A bad week with significant drops on SIXH and LPA dropping me to +3.2% YTD.

Car market looks to be another area being distorted by cheap finance. An 8 year loan on a rapidly depreciating asset. What could possibly go wrong.

I see Gideon is after Blairs crown as the most odious man in politics. How can an MP possibly have another full time job? I feel sorry for the conscientious constituency MP's who get tarnished with the same brush. Beyond contempt.

Hopefully will feel a little less cold tomorrow.

[mrphil] 17/3/2017 17:10

I have noticed there are some pretty silly car deals around to encourage people to buy new cars when they really can't afford them. As you suggest Aleman, it's all likely to end in tears again.

Good week for the SIPP with a gain of +0.85% taking the YTD to +3.49% but a bit of a fall for the pot this week -1.05% but that still leaves the YTD at a fairly respectable +3.42%. The Virgin ISA crept ahead by +0.34% and is now +3.69% YTD so all are pretty close. Interestingly, the managed funds half of the SIPP is actually running at +6.55% YTD so it's disguising some mediocre performance for the individual shares.

Gardeners World and Room 101 tonight. Meeting with MP in the morning then off to the woods as we need to stock up on logs which are going down fast.

Enjoy your weekends.

MrP

[aleman] 17/3/2017 16:46

Our ornamental plum looks gorgeous. The very pale pink-white blossom seems denser this year. We're still waiting on some of the daffodil variants in and around the lawn. I thought they'd all come out together in that warm sunshine last week but the partly shaded ones are really slow this year.

Traffic was fairly busy last night after winning the quiz, although HGVs seemed a bit thin on the ground.

Went to the gym today. Performance was mediocre - so that's an improvement on last week's bad and the previous week's terrible!

+0.1% for me. YTD -5.3%



They are doing 8 year loans on cars now in the US. Should we be surprised that a record 31% of trade-ins were in negative equity in 2016? And that is as used prices start to turn down and are expected to fall faster in 2017. The average shortfall is now a record $4914. What do they do with that - roll it over onto another car, probably? What could possibly go wrong? The more people borrow and lease for car ownership, the more cyclical this market becomes. The fact it has started to turn down and increase defaults on car loans increases the chances of turning the Q1 US slowdown into recession.. GDP growth in 2014 to 2016 was bought with some dodgy credit. Chickens are now coming home to roost. You'll be pleased to know there seems to be a similar pattern developing in the UK market.

[mrphil] 17/3/2017 16:44

Thanks Skinny, pretty much as I thought! If I have any money left after all the patio & pathway work, then the new conservatory roof, we might think about a new tele. Having said that, I have heard rumblings about a new kitchen but I am being given no guarantee the dinners would be any better!

[skinny] 17/3/2017 16:37

Its probably marginal - and not always easy to compare - Samsung use a measurement PQI - Picture Quality Index and the higher this figure - the picture gets 'better'.

Other manufacturers use different comparative values - such as refresh rate.

Its a bit like stereo systems in the 70/80s - some people could apparently hear differences that thankfully my mediocre ears couldn't detect!

There comes a point where its all good enough?

[mrphil] 17/3/2017 15:52

They do like nice Skinny, I still haven't invested in a new tv, what do you gain over something like this one

[skinny] 17/3/2017 15:47

About half a ton of top soil left to move before dinner.

[mrphil] 17/3/2017 14:58

Wasn't as warm as it looked outside at lunchtime, only around 11°C and a chilly feel to the air. Lots of signs of things starting to burst into life, and the little star Magnolia outside the front door is in full bloom and absolutely packed with flowers. Now we are allowed back on the front path we can have a proper look!

Looks like the managed funds in the SIPP have had a pretty good week, fast catching up the individual shares in terms of total value.