Northern Foods Share Discussion Threads

[mrphil] 05/10/2016 15:48

freddie, that just goes to show how ridiculous the current quota system is where perfectly good fish are discarded (dead) back into the sea when there are poorer families crying out for them. We make sure we get our regular fill of fish, but I guess we're not regarded as a poor family. Mind you, it's cheap enough to catch them yourself if you have access to a beach!

Utilities taking a bashing today, and my top up on INTU yesterday wasn't too well timed!

[aleman] 05/10/2016 11:59

Oil still breaking upwards out of that triangulation I posted. That and a weak £ is a bad combination for petrol prices and CPI. CPI is already set to go way above its 2% target this winter and the latest developments with oil and sterling will aggravate that further. Why are the B of E not talking about it and guiding reactions, now? No doubt markets will ignore it and then overeact in about 4-6 months..

[mrphil] 05/10/2016 11:07

I can live with 1.20 which I think is about right, although we averaged 1.37 overall last year! The only good news with the $ rate is it will increase the price of Chinese imports which is no bad thing. Our failing is we don't export enough so I really do need to explore that without further delay!

All yesterday's gains (and more) long gone now.

[aleman] 05/10/2016 09:21

The Euro rate I can understand - you may recall I repeatedly said above Euro 1.20 was too high but said I would never bet on it as forex can remain out of line for years. The strong $ now seems out of line to me, though. That's a risk off trade. Last time, unusual $ strength indicated excess demand for $ liquidity from European banks that were in trouble and buying $s in forex markets to meet derivatives and other requirements. The Fed let a few get into trouble before it decided it was threatening US banks so could provide liquidity outside the US. Is this an indicator of troubles in the pipeline?

[mrphil] 05/10/2016 08:31

Don't rub it in Aleman, I have been holding off buying both euros & USD which is now looking like a foolish plan!

[aleman] 05/10/2016 07:44

Have a good break, DF.

Mild last night. 11.6C. Cloudy but bright start.

£ falling again. $1.268. Euro 1.132.

[deanforester] 04/10/2016 23:14

I'll look out for you:-)

[mrphil] 04/10/2016 18:05

DF, enjoy your cruise, should be a lovely exit from The Solent, you should have blue skies and bright sunshine when you leave around 4:30 albeit a bit breezy. Unlikely to get the chance, but I'll give you a wave if we manage to get out there!

[blueliner] 04/10/2016 17:47

+1.6% for the Folio today [FTSE250 +0.87%]

Highest value risers : IGR +3.9%, SIV +9.5%, BEZ +2.8%, GSK +2.4%, BRSN +1.7%.

Worst value fallers : PHNX -1.6%, PEW -1%.

Max 19C Wind Easterly 17 mph. Cloud scattered .

[deanforester] 04/10/2016 17:31

I'm up +1.219% on the day today (FTSE100 +1.300%).

Best rises: PSON +5.18%, IMI +3.48% and BA. +2.63%.

Only 4 fell: UU. -0.55%, AZN -03.32%, BLND -0.08% and NG. -0.05%.

Nudging those all time highs again. Dollar earnings obviously help.

Radio silence for a couple of weeks now, as we sail on Arcadia tomorrow.

Keep things going while I'm away.

DF

[mrphil] 04/10/2016 17:10

Great gain there Aleman!

Ummm, mixed emotions at present. The falling £ is really hurting the business so I now have to pass on the extra cost. But the markets are loving it and I can't complain at seeing the SIPP at yet another all time high after a +0.84% gain today thanks to top risers BP., GSK & HFEL/SSE. The pot went one better and managed +1.30% on the day thanks largely to AIEA with help from several others led by LGEN & RR.

Lovely lunch on board today, and plenty of sunshine this afternoon.

National Treasure this evening, what revelations will that bring?

[aleman] 04/10/2016 17:03

Quite a gain for me at +1.8% - but is it sustainable on a weak £? Nice near-10% rise at SIV on results.

Sun felt warm again despite strengthening breeze. 18.5C after 8.9C.

[freddie ferret] 04/10/2016 16:49

Gold $1277 and falling.
All charts I have looked at show £ having broken lower.
Dow seems volatile.
Silver following gold.

[freddie ferret] 04/10/2016 15:34

A lot is going on.
$ strong, gold tanking.
FTSE 100 and 250 breaking out, but now off a tad.

Possibly the Brexit statements and the good manufacturing figures (strongest for two years) are doing it. £ still generally falling so further to go with the manufacturing bounce one would guess.

[mrphil] 04/10/2016 11:52

Have a lovely time Skinny, should get the weather for it!

I topped up a little on INTU this morning. They don't look expensive at this level and the yield is attractive.

[skinny] 04/10/2016 11:37

Off to New Milton for a couple of days.

I've just gone short on the FTSE @7097, purely on the assumption that it is at the top of its (my spreadsheet) daily range.

[skinny] 04/10/2016 09:30

GBP Construction PMI 52.3 49.1 49.2

[deanforester] 03/10/2016 17:59

I'm up +1.063% on the day today (FTSE100 +1.220%).

Best rises: S32 +3.25%, TATE +2.67% and RDSB +2.35%.

Worst falls: MKS -1.54%, BT.A -1.02% and LGEN -0.96%.

Some jitters about and some good feelings. It's been a nice day onc ed the sun came up.

DF

[aleman] 03/10/2016 17:32

Eased through the afternoon to close at the low. Still +0.7%, though. Bango perky again but can it hold it when the Investor's Chronicle tip wears off?

The clear sky suggests another cold one but there's a slight breeze tonight so probably no frost this time.

I collected the last of the corn yesterday. One dark yellow fully formed cob and two lighter halves. The full one had an odd but pleasant chewy texture and was delicious.