Northern Foods Share Discussion Threads

[aleman] 06/1/2017 09:57

UK good news

[mrphil] 06/1/2017 09:18

Good Morning.

Sad to see another British firm falling under foreign ownership, I remember when Micheldever were a small local company based in the middle of nowhere off the A34 near Winchester.

Sorry to hear of your young friend passing on Skinny, made even more sad by the timing.

Not so cold last night at -0.8C

LLOY & GSK keeping the SIPP positive so far this morning.

[skinny] 06/1/2017 09:10

Good Morning.

My SIPP finished up 0.17%.

My friends funeral yesterday was very well attended and followed by a very good send off. He died suddenly @56 just before Christmas.



Hardly new news :-

[blueliner] 06/1/2017 07:49

Morning .

Another Japanese takeover,


My Folio has a possible candidate in BEZ for an overseas takeover with the current sterling weakness, happy to hold for dividends in the meantime.

And another 'old established' department store closes. Nearby to me, citing online shopping as a factor.

[aleman] 06/1/2017 00:37

Two more:

Bad



Good

[mrphil] 05/1/2017 22:17

I'm creating a spreadsheet to compare the daily high & low temperatures I have been recording over the past few years. Have so far entered 2012 with an average high of 13.7C and average low of 7.6C. Equivalent figures for 2013 are 14.8C & 8.3C which was largely due to a prolonged hot spell in July.

[mrphil] 05/1/2017 19:45

Beautiful sunny day with a high of 3.5C, ice never melted on the boat coach roof!

SIPP managed +0.15% thanks to GSK, UU. & SPD, but a small fall for the pot.

Another of our suppliers are closing their doors after the loss of a couple of large contracts. Might look to see if it's worth our while trying to save them and keep some stability to our supply chain.

[deanforester] 05/1/2017 17:54

I'm up +0.577% on teh day today (FTSE100 only +0.077%).

Best rises: TW. +5.0%, WMH +2.8% and MKS +2.3%.

Worst falls: TSCO -3.1%, LGEN -1.9% and then CPG and RDSB, both -0.8%.

I do not understand it. Having lagged the market for the first two days of the year, I am now back in line. TW. obviously up in sympathy with PSN update; TSCO down as Next report a poor Christmas, so why are MKS up after two down days?

-1°C already outside our back door.

DF

[blueliner] 05/1/2017 17:49

+0.24% today. [FTSE250 +0.86%]

Highest value risers : RTC +9%, IGR +3.2%, MCS +3.8%[xd], IRV +1.8%.

Worst value fallers : GVC -1.2%[xd], HSBA -1.3%, KCOM -2.7%, SL. -4%.

Wall to wall blue skies max temp 4C, with -3C this morning.

[freddie ferret] 05/1/2017 17:18

I have been told by someone that used to work in the city that the reason for the spikes upward at the end of the day in the 100 in recent days is likely to have been brokers and mms holding back buy orders to the last minutes to try to get the market up.
I do not aggree with market manipulation however in recent years the market has been dominated by shorters, cfd traders and private equity organisations that have aimed to buy up companies on the cheap, and other low life that have sought to bash prices down by improper means including misleading bb posts. Anyway if there is a resolve to move the market out of the trading range it has held for the last 19 years I am fully for it.

I think skinny has already mentioned this but in detail



I think it is quite interesting.

[aleman] 05/1/2017 15:30

US retail shares getting clobbered:





And yet the the Dow is flat and the Nasdaq up - go figure.

[aleman] 05/1/2017 14:11

Seem to be roughly in line?

[aleman] 05/1/2017 13:55

US online up 11% in December (so should still be slightly less than 10% of retail sales) but can that account for all those lost bricks and mortar sales. US December retail looks likely to be weak overall.

[aleman] 05/1/2017 13:34

L Brands (Victoria's secret/Bath and Beyond/Pink)reports weaker December sales trend of +1% (-1% comparable, +4% and +2% comparable for all 2016)) and weaker margins. January flat start.



Weaker December:



And a positive one finally turns up:

[mrphil] 05/1/2017 13:30

Beautiful crisp sunny 2.6C so off down the boat to do some polishing!

[aleman] 05/1/2017 12:34

Abysmal updates from retailers Cato and Buckle in US:





Walgreens earnings were in line on slightly reduced turnover that slightly missed forecasts. Costco (budget retailer) sales were considered ok at 5.0.%, but they grew at 11.5% between 2010 and 2014 and have been slowing.

Online is less than 10% of US sales so the internet will only be able ot make up a portion of such large falls

[deanforester] 05/1/2017 11:38

-5°C this morning, with a lot of frost but not slippery underfoot. It's the day to take down the decorations, which in our case is only the cards,as the birds had stripped the holly berries before I had a chance to get some.

I just looked at teh trend line for average annual temperature outside our back door, and the equation is

f(x)=-0.057x+123.71

where x is the year from 1994 to 2016, taking the trend in average temperature from +10°C to 8.7°C, the highest being 10.5 in 1995 and the lowest 7.6°C in 2010. 2014 was high at 9.6°C but the last two years were similar at 9.1°C.

Purely anecdotal, of course, but I don't believe in global warming theories.

DF

[aleman] 05/1/2017 11:13

Two large US retailers anounce profit warnings and job losses due to poor Christmas trading:





Strong US car sales thanks to incentives not seen since last recession:

It looks like 2016 just managed a new record, thanks to a pick-up in the last few months. It will be interesting to see the registration figures rather than the manufacturers sold figures, which can be different. They clearly picked up quite a bit in Q4, though.

[aleman] 05/1/2017 10:05

Yep - draw a short sea temperature chart and stop where the last strong El Nino peak is and ignore the sharp fall since. And they wonder why people doubt them.

The chill seems to have been a bit more widespread last night:

Minimum Temperature Last 24h - 01/05/2017 at 10:00 UTC No. Location Station ID Amount
1 Cairngorm (United Kingdom) 03065 -8.2°C
2 Benson (United Kingdom) 03658 -7.7°C
3 Bala (United Kingdom) 03409 -6.9°C
4 Aonach Mor (United Kingdom) 03041 -6.7°C
5 Pershore (United Kingdom) 03529 -6.7°C
6 Sennybridge (United Kingdom) 03507 -6.7°C
7 Shawbury (United Kingdom) 03414 -6.5°C
8 Hereford/Credenhill (United Kingdom) 03522 -6.4°C
9 Shobdon (United Kingdom) 03520 -6.4°C
10 Cairnwell (United Kingdom) 03072 -6.2°C
11 Drumalbin (United Kingdom) 03155 -6°C
12 Eskdalemuir (United Kingdom) 03162 -5.9°C
13 Aboyne (United Kingdom) 03080 -5.8°C
14 Strathallan (United Kingdom) 03144 -5.8°C
15 Capel Curig (United Kingdom) 03305 -5.7°C
Script courtesy of Michael Holden of Relay Weather. Data courtesy of Ogimet

[skinny] 05/1/2017 09:39

GBP Services PMI 56.2 54.8 55.2

[aleman] 05/1/2017 09:27

Morning, all. -1.4C low here for the school run. Not much sign of hoar frost, though. The air is very dry again, which is good as I can already feel the warmth of the sun even though it is very low down.

A quick check of house volumes for Yorkshire shows sales have slowed a bit further. October volumes are about 35-36% down on the same month last year. Yorkshire seems to be close to average as the effect spreads out from London. Some London regions are down over 50%. Past experience says such massive falls should have a huge effect on the economy and yet we are not seeing much as yet. Strange.



Interestingly, NW London shows one of the worst falls of just over 50% and its October volume figure is almost identical to October 2008 - the bottom of the last recession. Central London is hardly representative but that is down 1/3rd in volume from 2008 and is down over 59% in the last year. How can London not be in recession?



The conflicting economic indicators in recent months are just bizarre.