Northern Foods Share Discussion Threads

[skinny] 01/2/2017 12:16

When I operated as a limited company, I used to lease the car and have my company buy it from the lease company at the end of the contract, then sell it to me as an individual - to either run or sell on.

PCH seems pretty straight forward way to have a new car for 2,3,4 years at a minimal outlay.

One of my daughters has used PCP to finance her last two nearly new cars - potentially having some value returned at the end of the contract.

I'll look again at the end of the contract.

[shadowside] 01/2/2017 12:04

PCH does seem to be getting increasingly competitive with a cash purchase particularly if you only plan on keeping for the contract period.Over a longer period cash probably wins out. XF has cost about £280 a month depreciation over its life so far. I'm on a similar timescale to Mr P having mentally crossed the bridge that 10 years would be a maximum safe life. Ideally would want to get rid a week before major mechanical problem although thats a bit tricky to judge! They say at 10 years you should change timing chain and auto fluid which are both meaty jobs but I guess its not a cliff edge if you don't bother.

[mrphil] 01/2/2017 11:25

Skinny, I have those decisions to make when it comes to biting the bullet next year, with the added confusion of working out if it might be better to put it on the company and pay the tax.

[mrphil] 01/2/2017 11:23

Shadowside, the XF will be getting a shock soon as we're heading to Cornwall which will be the first time it has been any distance since our trip to The Lakes back in October. Hoping to see well above 40mpg on the trip there and back, although it will obviously be a lot lower than that on local country lanes while we are there!

SIPP dropping back a bit now, after a very promising start this morning.

[skinny] 01/2/2017 11:19

I've gone for Reflex Silver - having financed cars by various methods over the years, I've opted for a PCH deal this time - it will probably cost me in charges about the same as the depreciation.

A lot of rain here this morning - alternating between drizzle and down pours.

[shadowside] 01/2/2017 11:06

Skinny, Have you chosen a colour yet? Assume with that sort of waiting list you have to pay close to list price but I guess that will be offset by high residuals. Have had another look and it does look very well equipped. You can be the pioneer as I was with XF and then followed by Mr P.

Clearly you have had a lot more rain down South than up here. It has been grey and murky here for weeks but not a huge amount of precipitation.

[mrphil] 01/2/2017 09:54

DF, walking has been pretty much off the cards here for a few days, although it's fair to say we did have a half mile walk in torrential rain on Sunday back to the car as the Gun Wharf car parks were full!

[deanforester] 01/2/2017 09:51

+8°C this morning. The rain stopped about 07;30, just as I was about to set out for the village. Decided to walk, but it was a bit like walking along the bed of a stream. Very wet underfoot.

Pub lunch today. It would be nice if it brightened up a bit.

DF

[mrphil] 01/2/2017 09:44

blueliner, sorry to say that Woodford Equity is currently my worst performing fund, out of about 20!

[mrphil] 01/2/2017 09:43

Totally agree on Silent Witness. We found ourselves almost hoping Nikki wouldn't make it just so we wouldn't have to endure another series! Having said that, the plots have become so completely removed from reality that's it's becoming quite pleasant escapism (no coffin pun intended!). Still need to try and catch up on Halcyon, haven't seen any yet!

Nice to see RSA still continuing it's upward trajectory, glad I didn't lose faith over the failed Zurich deal a while back.

[blueliner] 01/2/2017 09:40

Morning

See that Neil Woodford to launch another income fund. Performance in the existing equity income fund held in the Folio stalled in 2016 after a flying start in 2014/15.



The number of unlisted stocks in the current fund is a risk and he missed the mining rally completely, relief might come as Trump is offering an olive branch to some Pharma stocks which are held in the fund.

[aleman] 01/2/2017 09:21

Good morning. Starting to warm. 6C. But foggy and very wet. Puddles severywhere.

What's left of the tomatoes is looking sad. Even if what's left does survive, I'm not sure it will have been worth the effort - and another week or two of this predominantly grey weather might be enough to see it off. A bit warmer is not good enough. It's time for 2017 to shine!

[skinny] 01/2/2017 09:02

Well done on TALK!

We've caught up with Taboo and just have this weeks Silent Witness - I think the latter is really losing its way.

UK PMI at 9:30.

[mrphil] 01/2/2017 08:52

Morning All.

A high of 10.2°C yesterday dropping dramatically to 9.5°C last night! Still pretty wet although it does look as if we may finally be getting a brief respite from the continuous rain we've been having since the weekend.

Skinny, sounds like the Seat has got you hooked, hope all works out for you with it.

wllm, the change at the top seems to be working wonders for the TALK sp!

[wllmherk] 01/2/2017 08:39

Good update from TALK this morning, chunky dividend held :)

wllm

[deanforester] 31/1/2017 23:24

I'm down -0.200% on the day today (FTSE100 -0.272%).

Worst falls: LGEN -2.0% then AZN and S32, both -1.6%.

Best rises: BLT +1.6%, NG. +1.2% and UU. +1.0%.

Just got back from London. Raining hard by the time I got home, but very light for my walk to Blackfriars.

DF

[skinny] 31/1/2017 19:06

My SIPP finished down 0.09%.

I was impressed with the Seat and will probably order one tomorrow.

I've driven the Qashqai and the Sportage - this is closer to the former in feel.

The optional top view camera is pretty neat, but I can't really justify the expense.

The only down side is the lead time - 11 weeks for any Ateca plus a further 5 weeks because I want automatic.

A very dull day @10°C.

[mrphil] 31/1/2017 17:39

blueliner, I panic sold over half of my BMS on the day of the dreaded announcement, and already regretting it!

[blueliner] 31/1/2017 17:15

Folio +£21.17. [FTSE250 +0.36%].

Highest value risers : BLT +1.6%, TCAP +1.6%.

Worst value faller : BGO -8.3%.

From my reckoning BMS BoD/family have spent £310,000 or about,on shares in co over last week. Quite a good splash out or cluster buying.

[aleman] 31/1/2017 17:04

-0.1%.

Miserable day. Still at the 5.2C high.



I've only just checked back on the Q3 number, which was not mentioned. That figure was 248,916 so companies in financial distress rose a hefty 11.1% between Q3 and Q4 - a figure that was not picked up on by the media coverage of the report.



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).

[wllmherk] 31/1/2017 16:58

Been looking to trade my CX-7 in for a while now, had the car for 5 years and still really like it. Saw the reviews for the Ateca Skinny and they were really positive so interested to hear how the test drive goes. There is just so much choice especially in the SUV sector, has anyone checked out the new SUV from Skoda, the Kodiaq, looks stunning. Had a Skoda a few years back and found it to be a great car ?


wllm

[mrphil] 31/1/2017 16:55

Not too bad for the SIPP although it ended at a low for the day at +0.26% with top risers UU., ALD & NG. Not so good for the pot which fell -0.1% due to LGEN, SGC & AMS.

"Final" installment of Silent Witness this evening.....

[aleman] 31/1/2017 16:37

US banks start selling off mortgage books. HHhhhmmm .....

[aleman] 31/1/2017 16:00

It's early days but it looks like the $ is starting to fall now, on the back of a string of poor corporate numbers, poor chain store sales, reduced comsumer confidence, a sharp fall in the Chicago PMI, and some confusion about Trump's edicts.

What will be the consequences of a Trump trade reversal? An obvious one might be the FTSE100 falling as the recent exchange rate flattery of earnings evaporates. A bigger question is whether US bond yields will drop back again, or will they venture even higher as the weaker $ pushes import prices up - on top of Trump spending promises. That could make life even harder for US housebuyers, who already have a 0.7% rise in mortgage rates to contend with, and would tend to discourage further excessive borrowing for share buy-backs at overinflated prices .

This is all highly speculative on my part, of course, but I think today's 50 point FTSE 100 fall since US news started rolling in is hinting at something deeper than just a daily blip.