Northern Foods Share Discussion Threads

[mrphil] 01/11/2017 09:20

Not sure I'd want to be up Ben Nevis on Monday!

[aleman] 01/11/2017 09:02

Looks like bonfire night will be cool. Significant snow forecasted for the highlands and pockets of widespread snow in Southern France and Northern Spain. White Christmas odds have lengthened slightly but still quite short - London 6/1, Manchester 5/1, Newcastle 3/1, Edinburgh 2/1.

A foot of snow forecasted for Ben Nevis over Sat-Mon and should be cold enough to stick now.

[skinny] 01/11/2017 08:24

Good Morning.

very good MrP - I'm guessing you got more than the average needed for a week in Cyprus.

George Gently was a little disappointing, but I guess inevitable.

[mrphil] 01/11/2017 08:23

LPA looking good Shadowside, I take it you are holding?

[shadowside] 01/11/2017 08:10

Spoke too soon on LPA. Out of the traps like a hare and currently +14%.

[mrphil] 01/11/2017 08:03

Just managed 1.1410 against the euro, thought I ought to stock up in case they don't raise rates!

[mrphil] 01/11/2017 07:59

Some impressive figures there Shadowside, well done! If I could get the SIPP anywhere near that, I'd be getting very tempted to call it a day!

Last episode of Our Girl was a bit obvious, the writers were obviously making a point we maybe didn't achieve too much by our involvement in Afghanistan.

[shadowside] 01/11/2017 07:53

Slight pull back for me mon/tue so finished the month +18.9 in Pot and +24.9 in SIPP. Would still be very happy if still showing those numbers at YE. Am still gradually moving into cash and now approx 25% in both.

Bullish trading statement from LPA this morning. On recent form probably means shares will move down.

Read BT report. Sounds as if a lot of trouble is in personal service companies due to HMRC tax crackdown. Would not be surprised if there was more action on pseudo self employment in the budget.......and not before time.

[mrphil] 01/11/2017 07:49

Morning All.

Skinny, don't want to upset you, but I managed 1.1362 yesterday ;-)

[aleman] 01/11/2017 07:39

A very gloomy report, suggesting an increasing number of zombie companies that will fail if rates rise:




According to Begbies Traynor's Red Flag Alert research for Q3 2017, which monitors the financial health of UK companies, 448,011 businesses were experiencing 'Significant' levels of financial distress at the end of the quarter, up 27% compared to the same period last year (Q3 2016: 352,552); a worrying statistic that could increase still further should interest rates rise this week.


It looks like a lot of companies that survived the last recession might not survive the next one.

[aleman] 01/11/2017 07:36

Good weather for autumn fashions boosted NXT to flattish result against a weak quarter last year. Q4 forecasted to be down.

[deanforester] 31/10/2017 23:06

I'm up +0.086% on the day today (FTSE100 +0.070%).

Best rises: INDV +7.62%, SGRO +3.04% and WMH +2.34%.

Worst falls: IMB -2.23%, IMI -1.85% and PSON -1.75%.

Pity that BP. didn't hang on to its earlier rise. INDV is up because the FDA is rumoured to be ruling in their favour. WMH up on the FOBT decision to not change the top bet that can be placed.

Just back from an evening in London. Trains bang on time both ways. The meeting finished a little earlier than usual, so I was able to catch an earlier train from Blackfriars.

DF

[aleman] 31/10/2017 22:52

There seems to have been a lot of profit warnings today in the US, though no obvious big companies.

[blueliner] 31/10/2017 21:04

+0.25% for today, [FTSE250 +0.07%].

Highest value risers : PHTM +4.4%, TCAP +2.3%, ISAT +4.5%, CSN +1.6%, BEZ +1.8%.

Worst value fallers : BGO -3.5%, IMB -2.2%, RMG -3.9%, LCG -4%.

MCLS & BP. made useful contributions also, can BP. hold the 500p plus tag.

Martin Shaw aka George Gently seems to be wearing well.

[skinny] 31/10/2017 19:03

My SIPP finished up 0.45%.

Catch up time for the last George Gently tonight.

MrP - an interesting link on the saviour for diesel - particularly in the wake of the latest shocking pollution stats earlier.

No1 currency offering €1.1153 - the best for a while - I'll probably get some tomorrow (before the MPC) as we need some more for later in the month.

[hyden] 31/10/2017 18:07

A pleasing end to the month with +0.41% today. The result is pleasantly surprising given my risers and fallers look to be about equally spread.

ISAT is today's best value riser, closely followed by TCAP, and ECM is today's worst value faller.

This brings October to +1.35% which is my second worst October in eight years (Oct 2014 was only +0.94%). My best October was back in 2010 when I reported +7.39% for the month. All other October months have been comfortably positive.

Looking back at past November months, I have not fared so well with 3 years of rising values and 4 years of falling values. I am hopeful of a rise this year, if nothing but to give symmetry to the ratio. :-)

Today's temperatures where somewhat milder than yesterday but it was not as sunny so, on balance, I preferred yesterday's weather.

[freddie ferret] 31/10/2017 17:31

GSK could hit 1000p IMHO.

[mrphil] 31/10/2017 17:11

Not complaining at the +0.17% gain for the SIPP today which was thanks largely to BP., BRCI & FUM and despite an apparent fall from LCG. The pot managed +0.45% thanks to a surge from MACF with help from SGC & LLOY.

Last episode of Our Girl this evening, don't think it works as well as it did with Lacey Turner, I think she has more grit and was better suited to the role.

[aleman] 31/10/2017 17:11

Bad North American numbers pushed WPP's Q3 further into negative terrotory.

North America, with constant currency revenue down 2.4% and like-for-like down 5.1% in the third quarter, was worse than the -3.0% like-for-like growth in both quarter two and the first half, with further softness across almost all of the Group's businesses, although data investment management and parts of the Group's specialist communications businesses showed an improving trend compared with the second quarter. Net sales were down 1.9% in constant currency and down 4.9% like-for-like, showing a similar trend to revenue. North America remains our biggest geographical area of concern and focus.

The United Kingdom, with constant currency revenue growth of 3.1% and like-for-like growth of 1.8% in the third quarter, was the strongest performing region, but slowed compared with quarter two like-for-like growth of 5.8% and first half like-for-like growth of 4.5%. The Group's media investment management, branding & identity, healthcare and specialist communications businesses (including digital, eCommerce and shopper marketing) grew strongly, with public relations and public affairs softer. Net sales showed a similar pattern, up 2.0% like-for-like, compared with 4.0% in the second quarter and 3.8% for the first half.

It's baffling that the US is producing some recessionary corporate results but strong trade and government reports. Good UK numbers were put down to Brexit but they stil seem to be tailing off.

[mrphil] 31/10/2017 16:19

Still tempted but holding on for now!

This looks interesting

[che7win] 31/10/2017 16:07

The dividend cut worries don't make sense to me, I expect interest rate rise Thursday might have a minimal effect if Sterling strengthens on earnings.

These things still don't account for such a sharp fall to me.

I expected a bounce by now!

[mrphil] 31/10/2017 16:00

che7win, my thoughts exactly! They are already a fairly large holding in my SIPP but I must admit I am still tempted!

[che7win] 31/10/2017 15:28

MRPHIL,
I cannot understand why GSK is in freefall after results, they weren't that bad and they have the Shingles drug and a nice dividend next week.

[mrphil] 31/10/2017 15:26

GSK looking tempting for a top-up!