Northern Foods Share Discussion Threads

[mrphil] 18/1/2017 16:50

Funny old day with swings and roundabouts throughout the day. The SIPP ended just about evens at +0.01% thanks to top risers UU., BP. & GSK but the pot suffered a bit and ended -0.18% all down to LLOY & LGEN

Frost never cleared all day ready for another chilly one tonight. Tomorrow now forecast to be another lovely sunny day with a high of 6°C which is far better than we were expecting.

Second episode of this weeks Silent Witness this evening.

[mrphil] 18/1/2017 16:17

Don't know WJG Skinny but looks like they have done well since their float.

[aleman] 18/1/2017 13:51

In the last quarter, total people in work fell as did hours per week worked. Claimant count fell 10k but the underlying trend remained up. (It fell by less than normal for casual Christmas work - the seasonally-adjusted 3-month rolling average has now increased for 7 consecutive months.) The inactivity rate rose 85k in the last quarter. Redundancies and vacancies were flat on the quarter but the graphs very much look like they are trending in a bad way.

In the last year UK-born employment increased 36k while non-UK born increased 430k so a net 92% of jobs created went to people born outside the UK.

This is a second month of poor numbers so it's either a big blip or falling total hours worked indicate the UK economy is going into recession.

[mrphil] 18/1/2017 12:02

Brrrgh!

A bit more hot air

[skinny] 18/1/2017 11:43

Good Morning.

A lovely day here too - last night was probably the coldest of the Season so far @-5°C.

[mrphil] 18/1/2017 11:30

The car was reading -3°C on the way in but that's resulted in a beautiful sunny day!

[aleman] 18/1/2017 10:02

It was chilly down south last night. 5.7C low here but it's wet and grey again.


Minimum Temperature Last 24h - 01/18/2017 at 09:00 UTC No. Location Station ID Amount
1 Charlwood (United Kingdom) 03769 -5.8°C
2 Gravesend-Broadness (United Kingdom) 03784 -5.7°C
3 Farnborough (United Kingdom) 03768 -5.2°C
4 Benson (United Kingdom) 03658 -5.1°C
5 Northolt (United Kingdom) 03672 -5.1°C
6 Odiham (United Kingdom) 03761 -4.9°C
7 Bournemouth Airport (United Kingdom) 03862 -4.5°C
8 Middle Wallop (United Kingdom) 03749 -4°C
9 Rothamsted (United Kingdom) 03680 -3.9°C
10 Shoeburyness (United Kingdom) 03693 -3.6°C
11 Wattisham (United Kingdom) 03590 -3.6°C
12 Kenley (United Kingdom) 03781 -3.5°C
13 Manston (United Kingdom) 03797 -3.5°C
14 Shoreham Airport (United Kingdom) 03876 -3.4°C
15 London / Heathrow Airport (United Kingdom) 03772 -3.3°C
Script courtesy of Michael Holden of Relay Weather. Data courtesy of Ogimet

[aleman] 18/1/2017 09:53

Trump trades are unwinding. Is optimism beginning to fade?



More bond/banking troubles?



Common sense prevailing after all other options exhuasted?

[mrphil] 18/1/2017 08:50

A few more months and the Managed Funds in the SIPP should be about the same value as the individual stocks so I can blame them if it all goes horribly wrong!

[aleman] 18/1/2017 08:20

If only it were that simple, MrP. Lots of shares might do well. International could do well since China is booming again. They sold 28m of the world's 77m new cars last year. Thw world's largest car market is booming. What will that do to international stocks?

[mrphil] 18/1/2017 07:56

Morning All.

Thought this damn cough was finally showing signs of disappearing after a month, but I have had a relapse and now come out in a bit of a stinking cold as well, which I had avoided so far. Not helped by the -1.7°C I was faced with at 6:30 this morning when I checked the mouse traps in the shed! No takers, but the wildlife camera confirmed we still have visitors but I'm not sure what they will eat now we've moved all the dahlias and begonias into the garage!

Aleman, will we come to regret not selling up ready for the fall, or is it just a case of accepting we're likely to have a turbulent time of it this year?

[aleman] 18/1/2017 07:43

Profit warnings getting worse? Pearson, Mitie and Premier Foods today. Perhaps a mild one from Wetherspoons - sales weaken a touch and caution about next year's costs. (Read Tim Martin's moan on Europe.) Burberry joined Tiffany's in reporting US sales falls. How can so may US retailers report falling sales yet US growth be normal? How can stockmarkets keep marching up with so much bad news about that wasn't there when indices were lower?

[deanforester] 17/1/2017 18:13

I'm down -1.218% on teh day (FTSE100 -+1.457%).

Worst falls: S32 -4.4%, BATS -3.8% and BLT -2.9%.

Best rises: TW. +2.3%, LLOY +1.2% and MKS +1.1%.

I liked Theresa May's speech. Miners and oils suffered, which may be down to the rise of sterling against the USD. Predictable responses from the usual suspects.

Washing machine has decided to give trouble today. The on/off switch would not stay on, so I did a little Dutch boy trick with my finger on the button until it had gone through most of the spin cycle. I'm waiting to hear if a repair is possible, but I suspect that a new machine will be the answer. I think that we have had this one for the best part of 20 years.

-1°C this morning, with scattered bits of cloud. A nice sunset and the prospect of lower temperature tomorrow. Bonnet and Shawl time.

DF

[blueliner] 17/1/2017 17:58

-0.25% for the Folio. [FTSE250 -0.36%]

Worst value fallers : BLT -2.9%, IGR -2.8%, GSK -1.8%, GVC -1.5%, HSBA -2%, IMB -2.5%.

Highest value risers : CLIG +6%, BGO +7.2%, BEZ +2.2%, CSN +1.7%, BMS +4.9%,HSD +1.9%.

CLIG reversed yesterdays bid anomaly and some.

Remained cloudy max 6C

[mrphil] 17/1/2017 17:38

freddie, you're dead right, I have my eye on the rates but hoping for even better!

[freddie ferret] 17/1/2017 17:15

Right, good interview of Trump by Gove yesterday in the Times.
Good brexit speach by May today.
£ up, market down.
I actually question whether the 100 has really broken out. On an intraday basis it only got a little bit above its previous intraday high.

I feel quite good, but am sneezing like its Hay fever time or worse, temperature, a degree below normal.

PS. Mr Phil needs to go out and buy some $ & Euro.

[mrphil] 17/1/2017 17:11

We saw a high of 6.5°C yesterday dropping to a chilly low of 1.9°C early this morning.

The change in vehicle excise duty is going to cause some excitement once people realise what's happening. As part of the plan to encourage lower emission vehicles, is it not strange that the highest polluting cars will actually be taxed less under the new system?! And the daftest thing yet, luxury zero emission cars will actually pay MORE!

"For all cars under £40,000 with emissions over 141g/km, the annual charge will be lower under the new system, so once someone else has paid the first year’s higher charge, you could save money immediately by buying a car that’s taxed under the new system.

[aleman] 17/1/2017 16:56

-0.7% for me. Probably not a bad result on a day like today.

Another damp grey day only not quite so much - still horrible. Makes your chest hurt if you have a cold, although it might only be psychologocal. It was a touch warmer at 6.4C, after a low of 4.0C. Going through hour by hour, the Met Office is forecasting a bit of partially sunny weather to come - but not until Monday! I do hope they are wrong.

[mrphil] 17/1/2017 16:52

That earlier gain soon disappeared but I guess it could have been worse. SIPP -0.28% BP., BRCI & GSK and the pot -0.14% AMS, FFY & RDSB

Part 2 of this weeks Silent Witness postponed until tomorrow due to the football, so we'll catch up on Endeavour instead.

[skinny] 17/1/2017 16:51

MrP I did eventually - I closed half for +100 and am still short @average 7336.

My SIPP finished down 0.34%.

A largely bright day @6°C.

[mrphil] 17/1/2017 16:38

It's all skullduggery Aleman!

Skinny, did you do well with your short? I've never been brave enough to attempt those!

[skinny] 17/1/2017 16:21

I've closed half of my FTSE short @7235.7 for now.

[aleman] 17/1/2017 15:32

You're welcome, MrP.

Why was hard Brexit bad for the £ and good for the FTSE100 but now it's good for the £ and bad for the FTSE100 !?

[aleman] 17/1/2017 13:32

Zopa's projected default rate for 2016-originated loans has risen again. At 4.01%, it is closing in on its 2008 high of 4.25%.





The Bank of England report rising personal and corporate default rates in Q4. Mortgage availability shrank for the 4th consecutive quarter so one wonders if the sharp rise in unsecured credit over that period is out of desperation:



Indicators of changes in loan performance on consumer credit were mixed in recent months. Lenders responding to the CCS reported a second consecutive significant increase in the default rate on other unsecured loans in Q4.


Following falls in recent years, respondents to the CCS reported a rise in Q4 in the default rate on loans to medium PNFCs and a slight rise in the default rate on loans to small businesses.