Northern Foods Share Discussion Threads

[mrphil] 22/5/2017 15:13

DF, you may well be right, we do get them locally although we have never been lucky enough to have one in the garden before. I spotted it after the last mowing so we're just hoping the flower spike was below the blades!

[deanforester] 22/5/2017 15:04

MrP, I was told that the spotted orchid seed come on the wind. The flower spikes are coming up on mine, but no actual flowers yet.

DF

[deanforester] 22/5/2017 15:02

I'm back. 4/7 for the quiz.

I was up +0.582% on Friday (FTSE100 +0.461%), up +0.61% on the week (FTSE100 +0.48%) and up 7.16% YTD (FTSE100 +4.59% and HIX +2.58%).

Best rises: RIO +2.13%, UU. +1.96% and IMI +1.85%.

Worst falls: BLND -1.49%, TSCO -0.852% and LGEN -0.72%.

It looks like another good day today, at a quick glance.

Glad that the rain has moved away. Time for grass cutting soon. But first to Tesco.

DF

[mrphil] 22/5/2017 14:55

I guess if many can't afford the loans, it's better they don't take them and default later which seems to have been the trend!

Had dinner out on the balcony last night, first time this year. Then again lunchtime today when it was almost too hot even under my Aussie brimmed hat! Left the better half mowing the front lawn, she'd already done the back being careful to avoid a Spotted Orchid which must have been sown by a bird!

[aleman] 22/5/2017 14:48

Recession alert - Fed report says US credit demand turns negative.

[mrphil] 22/5/2017 13:50

I think I might have to remove HOTC from my watchlist having failed to buy them at around 250p when I first put them on the list. I felt they were good value at that price but must admit I can't really understand why they keep on rising the way they are doing.

[mrphil] 22/5/2017 11:43

Admittedly our eldest didn't have the maximum student loan, but he still owed quite a bit when he left university. But he took "proper" degree courses so managed to get a decent job and paid all of his student loan off by the time he was about 30. I don't really see a big problem with that. The problem as I see it is that just about every student now believes university is a right of passage and many take whatever weird course may be on offer just to get a place. Not sure a) if that helps anyone or b) whether we should be paying for that?

Skinny, you had fantastic weather here while we were away in Norway, I think there is a law for that. I'm sure you will have a fantastic time anyway!

[spittingbarrel] 22/5/2017 11:23

MRPHIL - Yes I can recommend Cornwall, I spent 20 years working in the City and wild horses couldn't drag me back to the South East now.

[skinny] 22/5/2017 10:57

Good Morning - a flying visit as busy (mainly with plants) before we go away.

It looks like the weather will be better here than in Greece - typical!

A bit of a shock when I logged in as I'd forgotten about the NG consolidation.

I see labour's 5 fish and 2 loaves are spreading even more thinly! -

[mrphil] 22/5/2017 10:50

Aleman, I tend to agree with you, not sure I would like to be totally reliant on the wind - even yachts have engines!

spittingbarrel, I envy you living in Cornwall, such a lovely part of the country and a far less hectic way of life!

[aleman] 22/5/2017 10:47

sb - I used to like Bradford. The people were friendly, down to earth, pragmatic and generous. Unfortunately many of them felt compelled to move out. I'm sorry to say I don't always feel safe there these days, in or out of the car. I've had a few odd experiences and the driving is crazy, with many uninsured. I had to run to avoid being hit by a car running a red light just last week. Red light running is not rare there.

MrP - what happens when that thing experiences unexpected high winds!? We have more tornadoes in the UK than anywhere else on earth, even if they are less powerful.

[spittingbarrel] 22/5/2017 10:25

Aleman - I live in Cornwall but have many friends in Bradford, for all it's downsides I think it is a wonderful city.

[aleman] 22/5/2017 10:22

Originally. I've moved a few times and I'm in the Vale of York now but still have strong ties.


McColls look to be lining up a bid for Tesco One Stop stores as part of Tesco's Booker acquisition, so it could be on good terms. McColls shares are reasonable value with a good dividend. This could make them better value.

[spittingbarrel] 22/5/2017 10:08

Aleman - Do you come from Bradford?

[spittingbarrel] 22/5/2017 10:07

Aleman - Agree with most of what you say. For me it is now a pure gamble, I sold more than enough to cover my purchase cost and only have a few bitcoin left now but I see it as a potential alternative to cash. To be honest I've no idea how it will play out but volatility is huge and I would never recommend them as an investment even though it's by far the best investment I've ever made in percentage terms. I think the biggest worry is government intervention as there is so much scope for tax evasion, just imagine how easy it would be to avoid inheritance tax or capital controls. It's famous for being the currency of choice for buying drugs on the dark internet but I suspect that is only a very minor use of bitcoin. Hiding your money is far more useful. Still, it's a pure gamble for me now and so I'm sticking with it. A million dollars or bust!

You mentioned gold, I also have a substantial holding of physical gold as insurance against financial volatility. I bought my gold back in 2008 and hopefully will never need it and can just leave it to my daughter. I never include my bitcoin or gold when I mark to market so price movements don't hurt.

[aleman] 22/5/2017 08:11

Not many results today. Poor ones from Datatech but probably expected. I did not appreciate how big Datatech is.


I had a disappointing journey to Wembley. I thought we were the better side iexcept for our usual toothlesness in front of goal. If we scored like other sides, we would probably have had an automotic promotion spot. Next season will be all change. We look set to lose several players, and there is speculation that we will lose the manager today. There is little continuity these days. We will probably have a better budget than most other League 1 sides, though.

The behaviour of some Millwall "fans" spoiled the day as they invaded the pitch and taunted opposition fans and players. There were a number of minor incidents outside the stadium, although I saw nothing except an unacceptable level of drunkenness from a few Bradford fans. It seems to be the general opinion that Wembley, the FA and the EFL did not do enough to make it a safe day out, with better training needed for stewards and lack of policiing inside the stadium. I think Barnsley supporters said the same last year. The organisers only seem interested in taking as much of our money as possible.

It's a long journey for some teams and supporters. Having been 4 times now, I'm not even sure if I will go again. Perhaps when the boys are older. Wembley is losing its appeal from excess exposure and expense and being too far away. This means it is no longer a neutral venue. Millwall had more fans there but I think it would not have been the case had the final been in Birningham. It's not sour grapes. (We made more noise anyway.) I'm already looking forward to next season wiith more season tickets sold.

[aleman] 22/5/2017 07:57

junior21 - I am the same as Hyden. I go through results and do not use stock screeners.

spittingbarrel - the thing about bitcoin and other cryptocurrencies is that, if they grows any bigger, they will disrupt normal money and banking systems and that will have major consequences, potentially better, worse, or even both. Up to now, their volatility has not been a problem because they have not been that big - but that is changing. I see the problem being the nature of their growth - rapid and volatile. With the number of speculators and the lack of intrinsic value, I fear they will continue to grow bigger but will see occasional large falls that will increasingly become a problem. I fancy they will cause major heartache at some point. I'm am not particularly a gold bug but increasing financial volatility is traditionally good for gold. The more volatile the financial system becomes the more I would look to gold as insurance. Crytocurrecies might be a long term answer but I do not have the faith and that is needed to be the currency of choice. They might have a long term future but I think regulation will be needed to control volaility if things are not to get messy. I'd be curious on your thoughts as a Bitcoin saver.

[junior21] 21/5/2017 19:58

Hi Hyden. I may not have explained myself very well. I'm not after any tips or anything of that nature. I'm looking for a stock screener as I can't find any decent ones.

Most of my purchases over the past 12 months have come from reading positive announcements and updates then doing my own research, however I feel that some of these could have spotted earlier if I had a decent screener.

[spittingbarrel] 21/5/2017 19:34

Aleman - You mentioned Bitcoin in an earlier post. I have been long bitcoin since they were $10 and they are now $2,000, although I have sold some I intend to keep the rest. My reason being that governments around the world seem to be declaring a war on cash so they can keep track of everything we do - bitcoin, or some other crypto currency, will be the new cash so I see no limit to it's possible upside. I'll even put my neck on the line and say they could go to a million dollars - and I have thought that for 5 years. Of course they could also go to zero so I only have money invested that I can afford to lose. In 2009 they were trading at 3 cents, one hell of a return for early investors!

[hyden] 21/5/2017 18:18

Hello junior21. I do not subscribe to any tip sheets as I hold the view that they are simply a waste of money and you can do just as well or better by doing your own research.

My portfolio is largely geared towards income but with a decent chunk aiming for capital growth. I favour larger companies over smaller companies and I don't look for 'quick wins', rather I aim for long term reliable growth in the dividend.

My research is driven by leafing through company results announcements. I use Digital Look to inform me of company results dates, backed up by my own results history as I sometimes find I disagree with DL data.

On occasion, a friend or colleague may suggest a share to me but the first thing I do is read the latest results and form my own view. And that really is about it, no magic formula for me, just company reports. I hope this is helpful.

[junior21] 21/5/2017 11:46

Mid term lurker here looking for some advice.

What share screeners or websites do you use or subscribe to in order to unearth potential investments. I'm struggling to find a free one so any recommendations would be appreciated.