Northern Foods Share Discussion Threads

[aleman] 26/10/2017 13:40

Nothing but recessionary news in the Guardian's rolling news for today : BARC, DEB, UK car prodiction, Global car production, CBI Oct retail sales survey worst since March 2009. I don't believe the 0.4% GDP figure for Q3. It will be revised down.

It's all terrible - and it just makes it look more like Corbyn will get in whenever his chance comes.

[aleman] 26/10/2017 13:06

Lots more mixed results in the US. Bayer miss but Twitter beat. I was interested in this miss. AEP saw Q3 domestic electricity consumption crushed by mild summer weather hitting air conditioner use in the south and east. Residential electric consumption was down a huge 11.4% and commercial down a hefty 6.1%, even though industrial was up 2.1%. They reported the YTD was down thanks to the mildest US weather since 1992, though that is partly a slightly warm winter as well as a very cool summer.

[aleman] 26/10/2017 12:20

Snow for Northern Texas and Scottish Highlands next week? Regardless, there still looks to be plenty about this year.

[skinny] 26/10/2017 11:22

I've added some CNCT this morning too.

[skinny] 26/10/2017 09:40

ECB Press Conference at 1:30pm.

[aleman] 26/10/2017 08:27

CNCT results out and can be picked up on 10%+ yield still. I haven't finished going through the results but the shares are going up.

[aleman] 25/10/2017 22:26

An interesting survey of personal finances by the FCA:

[wllmherk] 25/10/2017 22:04

Skinny, chart says it all. I sense a big fall coming.

wllm

[blueliner] 25/10/2017 22:01

Down a hefty -0.71% with Folio heavyweight GSK 3rd quarter results not well received.
[FTSE250 -0.20%, FTSE All-Share -0.89%]

Worst value fallers : GSK -5.5%, BLT -2.9%, BA. -1.8%, BT.A -2.8%, NG. -2.2%.

Best value riser : PHTM +2.8%.

Biggest fall for me since Sept 14th. Not liking a weak dollar.

[deanforester] 25/10/2017 18:49

I'm down -0.848% on the day today (FTSE100 -1.054%).

Worst falls: GSK -5.52%, BLT -2.91% and BT.A -2.75%.

Best rises: KGF +2.72%, IMI +1.63% and SMDS +1.33%.

They didn't seem to like GSK's Q3 results. Not sure why the market fell so much after lunch or why Kingfisher rose.

Went down to M&S at Shoreham this morning. Had planned to have lunch at the Crown Carvery over the road, but they obviously have the decorators in. Consequently we went to the Amsterdam, who offer main courses at lunchtime for £6. A good choice of beer too, and I had the Wadworth's 6X.

The sun came out after lunch.

DF

[hyden] 25/10/2017 18:42

-0.59% for me today. A sea of Red with the majority of my stocks falling. ICP is a rare ray of sunshine and today's best value riser. INVP is today's worst value faller.

A lovely day out in pleasant sunshine with my better half. I still have pains in my neck and I have been persuaded to go to A&E tomorrow in case my suspected whiplash is anything more serious.

[aleman] 25/10/2017 17:26

-0.6% for me.

VIX now 13+.

Mixed weather but a fair amount of sun and little wind, so not unpleasant. 14.0C after 10.4C. Definitely feeling fresher after a slightly sticky circuits session last night.

[aleman] 25/10/2017 17:21

Skinny - I think the market is starting to worry about rising interest rates plus there have been quite a few larger companies disappointing in the last 24 hours - AT&T, Heineken, Dr Pepper. Remember, it's not just base rates that MIGHT go up. Subprime rates have been and still are going up. The UK's average credit card rate just hit 23.0% from around 16% in the last recession. The rates are rising to cover growing defaults.

Ally Financial reported results today that were held back by provisions. Q3 net finance revenue rose $85m from $996m to $1081m but new provisions rose $56m from $258m to $314m so net income didn't go up much. Ok, PTP and eps managed a rise but this is a bad trend that is being repeated across most financials - rising defaults across credit cards, subprime and auto and first signs that it is feeding into prime and secured/mortgages - and that's before the rises in long government bond yields of recent weeks feed in.

[shadowside] 25/10/2017 17:07

ZOO continues its meteoric rise with another 17%. Completely bonkers. Rose more in one day than I paid for them last year.I remain cautious as a similar thing happened 2009-2011 and they fell all the way back down again.Helped me to +0.6 for the day and a new high of +18.5 YTD.

Three workmen I have been chasing for committed jobs all appeared today. Is this a recessionary sign?

[skinny] 25/10/2017 16:54

Aleman - yes it is.

My SIPP finished down 0.86% - I'll have more of a look later, but was there anything specific new wise that precipitated the fall this afternoon?

[aleman] 25/10/2017 16:53

BT and ATT - UK and US bellwethers indicating similar trends, perhaps?

http://uk.advfn.com/p.php?pid=legacydaily&epic=L^BT.A&type=4&size=2&period=13&date1_year=2001&date1_month=10&date1_day=27&date2_year=2017&date2_month=10&date2_day=25&scheme=&delay_indices=DELAYED_INDICES">

http://uk.advfn.com/p.php?pid=legacydaily&epic=NY^T&type=4&size=2&period=13&date1_year=2001&date1_month=10&date1_day=27&date2_year=2017&date2_month=10&date2_day=25&scheme=&delay_indices=DELAYED_INDICES">