Northern Foods Share Discussion Threads

[aleman] 03/4/2017 15:56

US new car sales seem to be disappointing the market, as falling used prices undermine new sales. (Well, who would have predicted that? No mention of riising repossessions - yet.) Mediocre sales reported and stocks highest since 2004 despite record incentives. What happened to all that soaring small business and consumer confidence in February? It looks like those indices are about as good as opinion polls - basically just a load of old garbage to pad out space in papers.

[aleman] 03/4/2017 13:38

Yet another change that will squeeze consumer spending - Financial Conduct Authority seeks plans for credit card debt capital payments rather than just rolling over with only interest paid.



All the central banks, lenders and regulators are now all tightening at the same time. There is nothing wring with that except hey should have been doing it 2 or 3 years ago before things got silly.

[mrphil] 03/4/2017 11:49

I suppose the good news is we can spend our pensions savings a bit quicker!

[aleman] 03/4/2017 10:42

One you might have missed last week:

[aleman] 03/4/2017 10:17

Good Morning. We had a dry weekend but Sunday was disappointing after sunny forecasts.

Retail train crash continues.

[blueliner] 02/4/2017 20:48

Good evening''
Quiz 4/7, Folio -0.11% on Friday, the week -0.29%.
YTD +4.48% [incl 1st quarter dividends].

Tensions building over Gibraltar, some delicate negotiations ahead.
A snap election here would clear the decks. it's going to get very muddy re EU..

Meanwhile 'don't get complacent', plenty of warnings for investors in this weekend's SCSW editorial, unusually downbeat .

[deanforester] 02/4/2017 17:19

Just back from Oxford. I was down -0.166% on the day on Friday (FTSE100 -0.632%), down -0.04% on the week (FTSE100 -0.19%) but up +4.06% YTD (FTSE100 +2.52% and HIX +1.31%).

Worst falls were: S32 -3.75%, BLT -2.87% and IMI -2.85%.

Best rises: BLND +2.95%, CLLN +2.81% and PSON +2.17%.

Trouble for the miners but hope for the much-shorted shares.

Lots of football traffic on the road today. Oxford and Coventry by teh look of it on the M40.

A nice day to finish the weekend.

DF

[aleman] 01/4/2017 11:58

Something a bit cheerier.

[aleman] 01/4/2017 10:33

Margin debt jumped 22% from the end of 1999 before peaking in March 2000 at $278.5 billion, the same month stocks peaked. In 2007, margin debt shot up to $381.4 billion in July, three months before stocks topped. Margin debt now? A record $528.2bn. What could possibly go wrong?



Rising mortgage defaults become newsworthy in Australia.




Rising insolvencies in Canada

[skinny] 01/4/2017 09:05

Good Morning.

My SIPP finished up 0.44%, +0.58% on the week and is +4.70% YTD.

We have between 1 and 6 grandchildren at some point over the weekend - so I'm praying for dry weather!

Enjoy your weekend.

[aleman] 31/3/2017 18:32

Yeah - US really needs more rate rises.



Nine retailers filed for bankruptcy in Q1 to match the total for all of 2016.

The industry is on pace to see the highest number of bankructcy filings since 2009, according to data from AlixPartners.

[aleman] 31/3/2017 18:20

+0.1%. Thought I'd be up on the week but actually flat. YTD -5.8%.

Forecast was about 3C cooler than yesterday but we matched yesterday's 19.3C and it was mostly sunny so it felt hot and I got a good sweat on cutting the grass.

The Bantams will look likely for the play-offs if they win this weekend against mid-table Walsall who now have nothing to fight for. Finger crossed.

Have a good weekend, all.

[mrphil] 31/3/2017 17:06

Better than expected this week. SIPP +0.27% on the week and now +2.42% YTD, the pot -0.15% now +2.44% YTD and the Virgin ISA +0.95% on the week and now +4.03% YTD which is a bit incredible as it was only last week I decided to drop the Virgin ISA due to poor performance! To be fair, the managed funds part of the SIPP is currently running at +5.66% YTD

Trying to get the lawn back to life tomorrow ready for our dinner party, then tennis Sunday morning and definitely boating in the afternoon!

Enjoy your weekends.

MrP

[mrphil] 31/3/2017 16:33

Just managed 1.1702 against the euro which is getting a bit more like it.

[mrphil] 31/3/2017 14:44

Thanks Aleman. Won't be borrowing to fund any expansion, I'm getting too old for all the worry!

[aleman] 31/3/2017 12:19

Excellent, MrP. Long may it continue and I hope you manage a record profit on that, as well. Just be careful with any expansion plans in the current climate and try keep your balance sheet strong.

[mrphil] 31/3/2017 11:55

We have just broken a monthly turnover record which has held firm since October 1999!

[mrphil] 31/3/2017 11:38

Mortgage multiples of income may well be high, but mortgage repayments as a percentage of take home pay are well down compared to the late 80's early 90's when interest rates were through the roof.

Since interest rates were cut in 2009, mortgage payments have fallen to a near 20 year low of just 16% of income.

[aleman] 31/3/2017 10:37

January services index -0.1%. They will start revising GDP foreasts down a bit. Distribution, hotels and restaurants was down even though it should be benefitting a bit from the weak £. April's minimum wage increase still to come.




An the housing trend is weakening:



At the end, it says 20% o households are now rented, up from 12% 10 years ago. That's quite an increase.

[mrphil] 31/3/2017 08:06

Didn't spot that on DX. Aleman, interesting indeed!