Northern Foods Share Discussion Threads

[aleman] 01/12/2016 12:33

Both FTSE 100 and 250 testing support ahead of Italian referendum and Austrian election this weekend. Looks like we could lose 500 points if 6700 goes.


free stock charts from uk.advfn.com



free stock charts from uk.advfn.com

[mrphil] 01/12/2016 11:25

Coldest of the year here last night, -4°C according to the car on the way in this morning.

I see the earlier mild falls have turned into something more severe for the SIPP with BP. unable to hold everything together single handed. The pound getting closer to my 1.20 target though!

[aleman] 01/12/2016 11:08

Now that the sea between Siberia and Alaska is freezing over, that Deep Siberian cold area is crossing over to Alaska and NW Canada. It is predicted to sweep down over the USA and Mexico next week to add further to the recent widespread snow over the NW 1/3rd of the USA. The Polar Vortex returns.

THey are going to have a hard time spinning 2016 as the hottest year ever when all of Eurasia has had a very cold snowy autumn and North America is also about to turn snowy and bitterly cold early in the season. (And how does Arctic ice recover quickly this autumn if temperatures there are reported to be 10-12C above normal?)



The good news is we get a little warmer as the US plunges into the freezer.

[aleman] 01/12/2016 10:31

Our low was 4.0C even though it was clear all evening. I see it was chilly down south again!

Minimum Temperature Last 24h - 12/01/2016 at 10:00 UTC No. Location Station ID Amount
1 Pembrey Sands (United Kingdom) 03605 -7.3°C
2 Farnborough (United Kingdom) 03768 -7°C
3 Bournemouth Airport (United Kingdom) 03862 -6.9°C
4 Benson (United Kingdom) 03658 -6.8°C
5 Yeovilton (United Kingdom) 03853 -6.7°C
6 Charlwood (United Kingdom) 03769 -6.3°C
7 Pershore (United Kingdom) 03529 -6.2°C
8 Filton (United Kingdom) 03628 -5.9°C
9 Hereford/Credenhill (United Kingdom) 03522 -5.9°C
10 Shobdon (United Kingdom) 03520 -5.6°C
11 Shoreham Airport (United Kingdom) 03876 -5.5°C
12 Larkhill (United Kingdom) 03743 -5.3°C
13 Sennybridge (United Kingdom) 03507 -5.3°C
14 Boscombe Down (United Kingdom) 03746 -5.1°C
15 Middle Wallop (United Kingdom) 03749 -5.1°C
Script courtesy of Michael Holden of Relay Weather. Data courtesy of Ogimet

The consensus seems to be a return to frosts here in a couple of days.

[skinny] 01/12/2016 09:31

GBP Manufacturing PMI 53.4 54.4 54.3

[mrphil] 01/12/2016 09:14

That would have been a nice steady one to have been holding over the past couple of years Aleman!

[aleman] 01/12/2016 09:10

Headlam (UK carpets) reported that trading will be ahead of expectations if Q4 continues well.

[mrphil] 01/12/2016 09:03

That sounds like a very civil idea!

[skinny] 01/12/2016 08:50

Champagne breakfast in town with old work colleagues - I've been going since @1985.

[mrphil] 01/12/2016 08:47

Annual Breakfast Skinny? The most important meal, you should have one every day! ;-)

[skinny] 01/12/2016 08:44

MrP - similar weather - bright and cold, but different shops!

Still can't shake this pesky cough - its been 2 weeks now.

I'm due to go to my annual breakfast tomorrow and I'm not looking forwarded to being on a packed train with an irritating hacking cough.

[mrphil] 01/12/2016 08:04

Morning All.

How was Northampton Skinny?

It's funny we hear it is supposed to be so hard these days to get on to the property ladder and now mortgage rates are rising to these "high" levels but I can remember paying somewhere around 15% back in the early 90's! And my mortgage was around 5 times my annual earnings on a dilapidated terrace house in the middle of Reading with the front door on the pavement and a railway line just outside the back door! Got me on the housing ladder though!

So there should be a lot of new fivers looking for a good home then! ;-)

[aleman] 01/12/2016 07:56

Still getting profit warnings through from US retailers, not that it means they are all doing badly.



Oil up again. $52.50.

[skinny] 01/12/2016 03:56

Good Morning.

No day on day figures for my SIPP this week, but YTD looks to have deteriorated further.



I'm not sure how this would work -

[aleman] 30/11/2016 21:46

Now check out 4.23% on this 30-year mortgage chart. The rate was 3.47% on November 1st so up 0.76% in a month.



So US consumers are facing significantly higher monthly mortgage payments as well as higher gasoline prices. HHhhmm....

UK mortgage rates are beginning to rise - but one sector of the market is going to have to pay 50% more even without rate rises:

[aleman] 30/11/2016 21:26

BBC radio said the new £10s and £20s will be made the same way.



There are definitely a lot more job losses being announced on this site in November, although more of them seem to be foreign and that could just be a blip. However, although it isn't that clear without doing some significant totting up, I reckon there is more in the UK, too.

[blueliner] 30/11/2016 19:44

-0.32% today for the Folio.[FTSE250 +0.08%]

Worst value fallers : GVC -2.9%, BGO -6.3% & KCOM -3.5%, NG. -1.6%, IMB -2.4%.

Highest value risers : TCN +12.2%, BP. +3.8%.

It's not only the Sikhs who are not happy with this revelation...

[deanforester] 30/11/2016 19:08

I'm down -0.296% on the day today (FTSE100 +0.174%).

Worst falls: S32 -4.69%, INDV -3.06% and IMB -2.65%.

Best rises: RDSB +4.28%, PSON +2.18% and ULVR +2.11%.

Too many of mine fell today. including the miners; only about a quarter rose.

Had a haircut this morning. Probably not the right time, with -8°C first thing, but nothing that a good hat and a good scarf will solve. Very hard on the hands though, even with thick gloves.

DF

[aleman] 30/11/2016 18:02

-0.3% for me today.

High today 7.1C on a sunny day except for brightness under quite a bit of streaky thin high cloud. Still gaps in it, though, so cooling off a bit.

[mrphil] 30/11/2016 17:07

A healthy looking £1000+ gain for the SIPP at 4pm turned into £15.32 by 4:30 but at least it was a gain! The pot managed +0.13% thanks mainly to RDSB with help from LLOY & FDI

Shopping tonight, a voucher from TSCO so they get the business this week! Need to get our skates on and get back for the conclusion of The Missing!

[mrphil] 30/11/2016 16:54

Not allowed to say the increased minimum wage will have a big effect but of course it will. In any business, a certain percentage of your income will be allocated to wages costs and if all works well you end up with a small amount of profit at the end of the year. Of course you can force that percentage higher but there is only one pot of money so something else will have to give. Sure you can take it out of profit (if there is enough there) but how does the company survive then? In our own business, the cost of the increase in minimum wage plus the cost of auto-enrolment will equal a typical good year of profit by 2020. I'm just glad retirement isn't too far away, it's just getting too hard!

[aleman] 30/11/2016 16:33

Is lots of job losses in shops the cost of the increased minimum wage? Most retail jobs go at Christmas. They hang on with fingers crossed when business is quiet and then throw in the towel when Christmas is weak. There is less to see at those shops in Leeds and Southport, now, so I am less likely to browse the shops that remain. I think the swing online is now really changing the high street in a fundamental way. It will affect all shops as footfall reduces. Councils will lose parking revenues, as well.

[mrphil] 30/11/2016 16:25

On the subject of Italy, just had a conversation with the MD of one of our Italian business partners and he is very keen to come over and discuss Brexit!

[mrphil] 30/11/2016 16:23

Aleman, I read that the high street didn't do as well on Black Friday as they're losing out to online. Fareham is now charity shops or coffee shops which I think is becoming a common theme along high streets across the country. We have taken that choice by going online but I think "we" are going to feel a lot poorer for it in the long run. I really dislike the way it's going, and all this "must have it now" mentality. We ordered some charity cards and other bits from RSPB and even they delivered on Sunday! Why? Quite happy to wait a couple of days.

Venison casserole with red wine for dinner at lunchtime, cooked totally on the log burner this morning. Absolutely delicious and no oven required!