Northern Foods Share Discussion Threads

[aleman] 30/1/2017 17:12

Yes, MrP - they sell a range of electronic fitness devices.

-0.4% today. Bango going down again - one of those that doesn't like to pause.

Warm weather still not arrived yet. 7.4C and grey with a damp wind. Seen a few more snowdrops. My sister had snow and -5C overnight near Aberdeen so they are waiting for the promised warmth, too:


Minimum Temperature Last 24h - 01/30/2017 at 17:00 UTC No. Location Station ID Amount
1 Altnaharra (United Kingdom) 03044 -9°C
2 Aviemore (United Kingdom) 03063 -8.7°C
3 Aboyne (United Kingdom) 03080 -7.1°C
4 Loch Glascarnoch (United Kingdom) 03031 -7°C
5 Tain Range (United Kingdom) 03062 -6.4°C
6 Kinloss (United Kingdom) 03066 -6.3°C
7 Cairngorm (United Kingdom) 03065 -5.8°C
8 Aberdeen / Dyce (United Kingdom) 03091 -5.4°C
9 Redesdale (United Kingdom) 03230 -4.9°C
10 Lossiemouth (United Kingdom) 03068 -4.8°C
11 Aonach Mor (United Kingdom) 03041 -4.6°C
12 Leuchars (United Kingdom) 03171 -4.2°C
13 Tulloch Bridge (United Kingdom) 03047 -3.8°C
14 Cairnwell (United Kingdom) 03072 -3.7°C
15 Shap (United Kingdom) 03225 -3.4°C

[skinny] 30/1/2017 17:07

My SIPP finished down 0.13%.

I had a fitbit charge HR - well actually 4 of them last year - the strap came apart after 2 or 3 months so had to be replaced.

I've currently got a fitbit Blaze, which apart from the Heath Robinson method of charging, seems ok.

[mrphil] 30/1/2017 17:00

Aleman, I presume that's those fitness things you wear to check number of steps, pulse etc? Bit of a fad if you ask me, and I can't see how the number of steps can be anywhere near accurate, none of those I've seen to date have been.

SIPP -0.5% BP., LLOY & AV. and the pot -0.97% LLOY, RR. & LGEN

Some of these scammers are getting quite smart. Recently received an order for a quantity of a specific new product for delivery to a trading company in Dubai. Nothing too unusual until after we'd sent the pro-forma invoice which was about £9K and received an email saying they had inadvertently muddled up payments and sent us £80K by mistake and would we please reimburse the difference. Yeh right! The £80K duly arrived at our bank in the form of a cheque drawn on a UK charity account. Wonder how many would have got excited and banked it?

Silent Witness tonight, still not caught up with Halcyon.

[blueliner] 30/1/2017 16:59

-0.45% for the Folio [ FTSE250 -0.6%]

Worst value fallers : BGO - 8.1%, IGR -4.3%, BLT -2.4%, GVC -1.3%.

Highest value riser : RTC +10.1%.

So much for the BGO Strategy Day.

Overcast but milder south westerly influencing the weather on the menu this week.

[aleman] 30/1/2017 16:30

Poor numbers from FitBit in Q4. Cuts workfotce 6%.



US Box Office Talkings -4% in Q4. +2% for 2016.

[blueliner] 30/1/2017 13:22

Can't help noticing your other pick of a few days ago, SCH is doing rather well Aleman. Horses and water spring to mind.

Re Magpies
There's hope, the leagues club transfer embargo is now lifted as new owner pays HMR&C plus some outstanding debts to other clubs ie. ticket money plus older players testimonial proceeds etc as ordered by EFL.
Down to 10 men, winner in 93rd minute, couldn't have asked for more.

[skinny] 30/1/2017 10:58

Good Morning.

I seem to be developing a cold - I guess it has been about 6 weeks since the last one!

Italian 10-y Bond Auction 2.37|1.3 1.77|1.4

[aleman] 30/1/2017 10:36

Yours sounds good, MrP, but your colleague sounds to have done very well for himself. Our 5-year fix sounds expensive in comparison but, thanks to some extra payments, we're on course to be below 60% when it's fixed period ends so should get a much better rate then if market rates don't move too much.


Most of the main indices apart from smallcaps have dipped into negative territory for the year.


I've got three new tomatoes growing so what's left of my plants are clearly hanging on. The sunnier, albeit cold, weather of late has encouraged them. It's also set the grass growing in places, making it start to look uneven, and it's brought out the first snowdrops I've seen.

Good win for the Magpies , bl?

[mrphil] 30/1/2017 10:15

Yes Aleman, certainly one of my close colleagues is on a crazy deal that was set at B of E base rate + 0% at a time when base rate was pretty high. It was an expensive deal when he took it out but the gamble paid off! Sadly for him, he only has a couple of years left before it comes to an end. My own which is set at B of E base rate + 2% comes to an end in 2019 but I still have the same deal on the flat which can go on until 2025 if I so choose.

Grim day for the SIPP but not as bad as the ftse so far.

[aleman] 30/1/2017 09:52

Are you sure he meant B of E base rate, MrP - which actually isn't called base rate but is correctly known as the bank rate? Base rate for motgages used to mean a building society's own base rate - their normal vaiable one which is not often used these days except for when a fixed rate expires. Building sociiety base rate always followed the B of E bank rate in arrears and was usually a bit higher.

Mortgage rates are still lower than previous years but have crept up in recent months. In the US they've followed swap rates up quickly by typically 0.5-1%. In the UK lenders have been hanging fire and have typically only raised 0.2-0.4%, with some not even moving yet. but this means we are likely to see more slight increases in coming months.

[aleman] 30/1/2017 07:42

A milder night at 2.6C, after two frosty ones and a cold weekend.


Begbies Traynor report corporate finanial distress creeping up, but record numbers of comoanies are being formed so iy is to be expected.



According to Begbies Traynor's Red Flag Alert research for Q4 2016, which monitors the financial health of UK companies, 276,518 businesses were experiencing 'Significant' financial distress at the end of 2016; an increase of 3% compared to the same period last year (Q4 2015: 268,898 companies). On an annualised basis, the last time that 'Significant' distress fell year on year was in Q3 2013.

[skinny] 29/1/2017 10:59

Good Morning.

[aleman] 28/1/2017 11:49

Can anybody see a trend here? The link below is the US but the UK has been showing similar trends, if a few months behind. (The B of E reported rising corporate and personal defaults in its last Credit Conditions Survey, while government numbers show personal insolvency rates bottomed as early as Q2 2015. The cost of credit is rising to cover the rising risk-free rate (Treasuries and Gilts) AND the increasing risk of defaults - that is where provides are not pulling out of the market altogether, like Secure Trust Bank. Consumer credit is getting more expensive and scarcer and secured credit will probably do the same soon.



The 2017 points in each graph are estimates. Forecasters are notorious for underestimating downturns and often not even seeeing recessions coming at all, despite the lessons of history and plenty of current evidence.

[wllmherk] 27/1/2017 21:52

thanks for your thoughts on CLLN MrP/Aleman, food for thought. I bought at 239p, will hold for now, hopefully I don;t regret it :)


wllm

[aleman] 27/1/2017 18:44

I've corrected my earlier calculation I did quickly in my head when being pestered by kids. I mixed up my starting point that I'd reset for the tax payment. I'm actually down 2.7% YTD. I'll let somebody else set the pace for a while. :-)

[deanforester] 27/1/2017 17:48

4/7 for me this week.

I'm up +0.324% on the day today (FTSE100 +0.321%), but down -0.37% on the week (FTSE100 -0.19%). I'm down -0.85% YTD (FTSE100 +0.058% and HIX +0.42%).

Best rises: TSCO +9.3%, ADM +2.0% and CPG +1.8%.

Worst falls: CLLN -3.3%, PSON +2.4% and AZN -1.4%.

Favourable response to Tesco's merger with Booker.

+5°C the maximum today. The cloud never dispersed.

RSPB Big Bird Watch this weekend. Which day will be best? Not Sunday, I fancy. Must top up the feeders.

Enjoy the weekend.

DF

[freddie ferret] 27/1/2017 17:43

Market likes HYNS.

[aleman] 27/1/2017 17:33

+0.2% for me but down on the week. YTD -2.7%.

It was -3C on the car when I left the dentist at midday but that is a long way from here where the max was 1.7C after a low of -1.9C. It felt exceedingly cold since it was damp and slightly breezy. While the dry air left no hoar frost here the countryside near the dentist wore a beautiful white coat of frost like a Christmas card.

Have a good weekend, everyone.

[mrphil] 27/1/2017 17:07

Thank goodness for CTO which took some of the pain out of a poor week. SIPP -0.92% on the week but still +0.56% YTD, pot -0.27% on the week and -1.24% YTD and the Virgin ISA -0.29% on the week but still positive at +0.45% YTD.

Definitely some catch up TV tonight, although we might go to a late showing of LaLaLand to spend some of our Vue vouchers courtesy of Lloyds.

Big Garden Bird Watch probably tomorrow morning as we are expecting rain on Sunday.

Enjoy your weekends.

MrP

[blueliner] 27/1/2017 16:59

6/7 for the quiz.

+0.33% for today [FTSE250 +0.26%].

Highest value risers : RTC +25.3%, BMS +2.5%, BEZ +1.6%, BGO +2.6%.

Worst value fallers : BRSN -3.3%, IGR -2.1%.

-0.31% on the week, Folio YTD +1.64%.

Holding IRV, a nervous hold but similiar yield to CLLN.

Seemed to have mislaid my password for the RSPB, not sure or can't remember whether I registered or just a casual for the Garden birdwatch last January, they have my email which is a clue.

Enjoy your w/e.

[skinny] 27/1/2017 16:56

Well done on some significant gains chaps.

My SIPP finished down 0.05%, -0.32% on the week and is just positive YTD @+0.25%.

Trump is certainly not letting the grass grow!

An evening of catch up TV beckons.

Enjoy your Weekend.

[shadowside] 27/1/2017 16:47

Well a few more days like today wouldn't go amiss. AS well as CTO + 20.6 and UBI +33.3 I got home from trip to York to find SIXH + 25.6 on the back of a "significant shareholder transaction" announcement which meant very little to me... so +2.9% for the day and YTD high of + 3.5%. Could be worse.

[aleman] 27/1/2017 16:04

The CLLN trading update of a month ago looks like a weasel word profit warning to me. It flags lower order book, lower margins and lower visibility for the year ahead. Numbers include "probable" contracts but they don;t alwasys come through in a slowdown and news since then suggest a slowing economy. Falling order books often lead to more competition on bids and lower margins so the reduced margin trend could accelerate if things slow more. Government is running a deficit still and that will expand again in a slowdown, so such as CLLN might suffer if there are increased taxes and spending cuts. Having said that, IRV and CLLN made it through the last recession better than their share prices would suggest so weakness could become a buying opportunity. I'd be tempted to give it a while to let it sink in that the economy is no longer firing on all 4. I might put it on my list to monitor but I won't be buying any time soon as I think things are going to get much worse.

P.S. a few companies have seen expansion of pension deficits recently so the market might be worried about that as well. However, recent rises in inflation and discount rate and slower growth in life expectancy might help in that regard, though a stockmarket crash and subsequent fall in interest rates would be bad news. I'm avoiding companies with significant pension deficits at the moment, although I was happy to actively buy them in the recovery of 6-8 years ago when scaremongering was overblown.