Northern Foods Share Discussion Threads

[mrphil] 20/10/2016 09:41

Glad it wasn't just me Skinny, a real disappointment after a good build up.

[skinny] 20/10/2016 09:39

I thought the ending of National treasure was a bit weak.

GBP Retail Sales m/m 0.0% 0.3% 0.0%

[mrphil] 20/10/2016 08:07

Morning All.

blueliner, I didn't realise how much GVC had fallen since I sold out at 755p only just over a week ago. I'd love to say how well I judged it, but in reality I just felt it was time to take the profit.

Glad to see Mrs May seems to be taking a sensible approach.

Just RR. and recently topped up INTU for me on that divi list.

[blueliner] 19/10/2016 20:38

+0.23% yesterday.
+0.13% today.

Highest value risers : ALAI +3%, LLPC +1.7%, BA. +1.4%, SDV +1.3%.

Worst value fallers : GVC -2.2%, IGR -1.7%.

Beginning to wonder if you former GVC holders were right to get out and thinking will the dividend ever return.

The Australian price of coking coal has tripled since January to $232 per ton and the small amount of S32 shares I have has done really well as a result, even more as I added some at the low point in 2015, but decided to sell today for a tidy profit. Often these demergers produce a pleasant surprise.

[aleman] 19/10/2016 17:07

Still getting 6 or 7 small to tiny tomatoes off my lot each day. Some verticle vines are growing while other dangling vines are dying off even though fruit seems to be doing well. It seems to have been a good idea to bring them inside when the ripening looked like slowing.

Markets do seem weird. The small and midcap indices just seem to just ignore UK profit warnings and weakening economic stats, not to mention deteriorating news from undercapitalised Italian and German banking which will probably accelerate any economic slowdown and maybe even blow up the EU.

It clouded over after dinner so the temperature actually crept up through the night from a low of 5.6C. I gather it was pretty chilly where they had less cloud, such as the 2.0C at Topcliffe - and even as far south as Bournemouth Airport's 3.3C . Today was bright more than sunny - 13.0C.

[mrphil] 19/10/2016 17:03

Colder here too freddie, only 7.5°C last night so there weren't many raspberries to pick!

Another half decent day, the SIPP managed +0.37% thanks to LLOY, SSE & BP. and the pot edged ahead by +0.16% again thanks to LLOY, RDSB & RR.

Second Installment of The Missing this evening.

[freddie ferret] 19/10/2016 15:14

Cold at night, bring tomato in. Main tomato is now orange all over and partly turning redish, other two still green, need to get bigger, still quite a few flowers.

Markets weird.

[skinny] 19/10/2016 13:31

USD Building Permits 1.23M 1.17M 1.14M

USD Housing Starts 1.05M 1.18M 1.14M

[mrphil] 19/10/2016 11:13

Interesting RBS/NatWest seminar this morning on the effect of Brexit on currency movements. As always, conflicting views, but overall I reckon my target rate of 1.20 against the euro should prove about right for 2017 but we shall see. I do think there could be a bit more turmoil over the next few weeks or possibly months and I'll be grateful to get anywhere near that rate in the near future. As for the USD, the presidential election will decide that fate!

The SIPP hovering around evens at the moment with LLOY, HFEL & BP. vying for top riser spot.

[aleman] 19/10/2016 11:01

Usual tale - too many:

UK born people working in the UK increased by 253,000 to 26.25 million

non-UK born people working in the UK increased by 367,000 to 5.40 million



The trend here is deteriorating. Earnings flat. Lots of new jobs part-time. Unemployment and claimant count up on a quarterly basis. Vacancies flattened - down in private sector but up in public sector and "soft" jobs. Redundancies up a bit. Seems conisstent with economy whre growth is falling and probably near zero, though maybe not quite in recession yet.

[aleman] 19/10/2016 09:44

Looks like markets are waking up to the coming jump in CPI to 3% or more. No mention RPI might hit 4%. Do remember when we had RPI that there were criticisms then that it underreported typical consumer inflation.



I think you can add fish fingers to the long list of food items that seem to be shrinking. I do wonder how inflation indices account for slowly shrinking food portions.

[skinny] 19/10/2016 09:32

GBP Average Earnings Index 3m/y 2.3% 2.3% 2.3%

GBP Claimant Count Change 0.7K 3.4K 2.4K

GBP Unemployment Rate 4.9% 4.9% 4.9%

[mrphil] 18/10/2016 17:20

Aleman, that sounds like hats, scarves & gloves will be in use tonight? I have a feeling we are going to find it a bit chilly in The Lakes next week, I gather the first snow has landed on the peaks?

[aleman] 18/10/2016 17:10

-0.2%. BAngo down sharply again. Now below the price when they announced they had enough cash and rapid growth to see them through to profitability. I would imagine they are a takeover target for a credit card company or bank at the current price.

Rain cleared away so the temperature looks set to drop. It's already below the forecasted low for tonight, showing 6.9C after 11.9C earlier. Will need to wrap up for football tonight.

[mrphil] 18/10/2016 15:56

Lunch down on the marina was very pleasant indeed. Bright sunshine and quite a strong breeze so we had to hold on to the dinghy as we carefully untied it from the top of the boat to take home for storage while we are away.

Nice to see the pound recover slightly, have now bought enough to see us through the end of the month but reluctant to stock up too much at this level as I'm hoping for more of an improvement.

[aleman] 18/10/2016 15:49

Lots of weather here. There's healthy breeze but it just did a U-turn and we had a few minutes of torrential rain. I caught a shower on the school run but I'm glad we got home and missed that one. It's only 8C so getting drenched would have been unpleasant. Even in the rare glimpses of sun, it has remained chilly.

[mrphil] 18/10/2016 14:22

Now you're talking!

[aleman] 18/10/2016 10:45

CPI and RPI are not turning out quite as bad as I had feared. While CPI beat forecasts at 1.0%, The recent monthly increases suggest it might peak this winter a bit lower than the 3.5-4.5% I was anticipating and it looks more likely to be around 3% or so. RPI looks more like peaking around 3.5-4% than the 5% I was thinking. This all assumes no rapid moves in commodities prices in either direction.

I would still imagine 3% CPI will cause some consternation amongst those getting 0.01% on their savings such that it might lead to some significant switching in investment markets. Obviously, the B of E response will be key to where investment flows go and they are so unpredictable.

[skinny] 18/10/2016 09:43

Good Morning.

GBP CPI y/y 1.0% 0.9% 0.6%

GBP PPI Input m/m 0.0% 0.4% 0.2%

GBP RPI y/y 2.0% 2.0% 1.8%

GBP Core CPI y/y 1.5% 1.4% 1.3%

GBP HPI y/y 8.4% 7.9% 8.3%

GBP PPI Output m/m 0.2% 0.2% 0.1%