Northern Foods Share Discussion Threads

[wllmherk] 24/1/2023 20:19

3656 posts in 15 years. That's a long time you've been posting Phil, I wonder if anyone on here can beat 22 years?

Thanks for the kind wishes gents, feel a bit better today than I did yesterday so looks like antibiotics working their magic. I've been laid up in bed for two days and lost 3 pounds, If any of you want to lose weight a UTI seems the way to go.

wllm :)

[philanderer] 24/1/2023 19:32

Aleman, I've done nearly 51k posts in just under 22 years.

[philanderer] 24/1/2023 19:29

Portfolio -0.19% ... ABF fell after an update along with AZN, TSCO, SBRY and HILS.....best gainer by a mile PZC along with WTB and SMIN.

Sun shone for most of the day but it still felt cold 4C. Washed my wife's car and my hands were freezing. One load of washing, no chance of drying that.

Roasting chicken thighs and potatoes tonight along with some broad beans.

carpingtris, it's easy to get these aches and pains in this cold weather, hope the shoulder gets better soon.

[gateside] 24/1/2023 19:24

Aleman I'm on 18k posts!

[gateside] 24/1/2023 19:23

16 degrees over by Aberdeen airport today.
Reached 13 degrees on the Moray Firth where I was. This time last week, we were snowed in.
I'm ready for Spring.

Portfolio still underperforming. Sounds like Aleman has shot past me in the league table!

[aleman] 24/1/2023 18:34

Hope the warmer weather helps you with that, carpingtris. Don't go to Siberia. There has been a report of -73C there as the Arctic blast of Asia continues. (click on map to see different parts of globe)

[carpingtris] 24/1/2023 18:22

Woke up with aching shoulder... Guess slept on side all night.. eased up now but was miserable with it this morning.

New pillows will be brought at weekend!

[carpingtris] 24/1/2023 18:20

Pleased with SNR update today and a few pounds from breakeven now thankfully.

BOOT update mixed but nothing untoward so may start adding a bit more there? Hoping for better times.

S32 went past 120% and my holding is essentially free as took at my original holding last year!

HFEL is close to breakeven on holding and am in profit on them if I count dividends received over the years.

Just need DLG to play ball!

Good week so far though.

[skinny] 24/1/2023 18:19

I finished up 0.26%.

[aleman] 24/1/2023 18:14

Just had a look and I've done over 45k posts in about 20 years. (Anybody posted more?) I wonder how much of my life that took up. I hope most of them were informative, sensible questions or interesting chit chat. It's been fun at times and has turned out quite profitable.

[deanforester] 24/1/2023 17:54

I'm uo +0.060% on the day today (FTSE100 -0.351%).

Best rises: S32 +3.61%, TW. +2.07% and SMDS +1.85%.

Worst falls: AZN -2.97%, TSCO -2.36% and GSK -1.69%.

The pharmaceuticals had a poor day. S32 continues its rise after yesterday's report.

We had +3°C this morning after a cloudy night. It doesn't look as if it has got much higher during the day. We have been to Tonbridge for lunch with a friend, and her flat was as cold as charity.

Scaffolders arrive in the morning, then our roof replacement can proceed.

DF

[aleman] 24/1/2023 17:36

+0.9%. I seem to be in a sweet spot this week. IGR, SOS and BGO all going well.

No sun here - bright this morning for a couple of hours but then just very grey as warm air returned. It never felt nice though and has already cooled off to 5C from 10.0C after +1.2C. The flowers have been growing while the ground has been frozen solid. I've seen snowdrops out at a half dozen houses today, so that's probably about normal. Crocuses and daffs shoots continue to edge up to be seen everywhere. They look like they might end up flowering early. My winter heather is slowly blooming. The magnolias that were bursting buds have not budged for a week and gorse is little changed. Likewise winter cherry. Hopefully, we'll see more from them next week ....

[dr biotech] 24/1/2023 17:14

Up 0.5% for me. BGO biggest value gainer, unfortunately for me I bought them on the back of a tip which caused a spike a couple of years ago and their recent strong run has only just tipped me into the blue with them. Ever the optimist I hope they will kick on. MEGP other decent performer but largely just a day with more blues than reds with UPGS the biggest loser.

Cold here this morning. De-iced the car to drop son off, then had to do it again 30mins later. Took moderately alcoholic neighbour to tesco's to buy more gin. She's a bit unstable on her feet (not obviously alcohol related) so needs company and we've taken her shopping multiple times whilst her husband is at work. I do wonder whether we are doing the right thing, she'll get it somehow and its a bit of a difficult conversation to have. Was sober this morning though. Normally shes had a couple of glasses by early afternoon - not drunk but wouldn't let her breathe over my plants

[skinny] 24/1/2023 17:02

I'm having trouble verifying my numbers currently.

Malcolm - I occasionally to pick up the odd Heinz Big Soup for one of the children - I was in Sainsbury's earlier - they have it on 'special' @£1.80, reduced from £2!

I didn't bother.

[mrphil] 24/1/2023 16:58

Not great for my lot, -0.36% CRU, BP. & GSK

I dropped into Lidl to grab a few bits of fruit earlier as that's all we need this week. They are on my way to the office and their fruit is usually pretty good. I also grabbed some nice looking biscuits while I was there to reward our production team for getting an urgent order done at short notice. That was against the odds as we have one on holiday, one off sick and another that didn't turn up today - we know he has car trouble at the moment but he should have rung in to let us know what's going on!

[blueliner] 24/1/2023 16:54

+0.19% folio, [FTSE All-Share -0.17%]

Smallcaps IGR & SOS were risers. Only PHNX out of the larger caps made a material gain.

CSN, UPGS, worst fallers.

Wall to wall clear sunshine, 5-7C max .

[malcolm caton] 24/1/2023 16:43

Up 0.37%

Mainly due to SNR,EQLS,MSLH,
Worst value fallers ABF,UPGS,BP,CRU.

Tescos this morning not very busy and yet more price rises,Cross and Blackwell soups from 90p to £1,

[mrphil] 24/1/2023 14:28

Only went down to +2.9°C last night after they warned us it would be similar to the -5°C we had the night before. Seemed quite mild earlier but starting to feel cold again at +5°C and I passed a gritter busy spreading at lunchtime so either there is more cold to come or they have stock to clear!

[aleman] 24/1/2023 14:20

My sister is en route to visit my mum and says the car says 15C in the sun in Aberdeenshire. It's 8C+ but grey here, meanwhile its subzero in freezing fog in the southern Midlands.

[aleman] 24/1/2023 13:32

Gilt yields are down a bit again, today, though it looks volatile out there for some reason. (Why are currencies jumping about? PMIs looked about as expected.) Short yields seem to be suggesting a rate cut in about 6 to 8 months, assuming they raise to 3.75% next time. However, the 3-month yield is marginally up to 3.85%. That suggests a better than evens possiblility that they'll raise to 4.0% soon. That would mean the first rate cut comes even earlier from a higher level.

What's wrong with just wait and see?




I've heard this before, the suggestion is debt interest is capitalised in the monthly borrowing figure and not actually the monthly interest payment. It does seem a lot of interest for one month. If so, the borrowing figure for December is actually pretty good. Somebody points out that the market value of government debt falls as rates rise but I don't suppose that matter so much if taxpayers have to keep making interest payments anyway.

[aleman] 24/1/2023 11:37

Interesting snippet from UK PMI not seen in the short bulletin - expected year ahead output jumped nearly 4 points to 66.8. Perhaps this comes across unduly optimistic since everybody is being hit by strikes currently? It still beats a weak figure and bodes well.


Strange weather: It's currently 4 or 5C in Kent and 7-9C up here but there are -3Cs and -4Cs inbetween in a cold band from Norwich to Exeter.

[philanderer] 24/1/2023 11:26

Morning everyone.

Frost free and a poor looking portfolio.

[aleman] 24/1/2023 09:53

Good morning. I thought the trading update from BGO looked strong.


UK current PMI is weakish, probably due to strike disruption as much as anything, but there were a couple of good trends in there.

Turning to cost pressures, the latest survey highlighted a
continued slowdown across the private sector economy in
January. The overall rate of input cost inflation eased for
the second month running to its lowest since April 2021.
Survey respondents typically cited wage pressures as a
factor leading to rising business expenses, but this was
offset by lower fuel bills, commodity prices and shipping
costs. Manufacturers experienced the biggest slowdown in
input cost inflation, with the latest reading the weakest
since October 2020.

Meanwhile, business expectations for the year ahead
improved considerably in January. This index has
rebounded in each month following the low point seen in
October 2022, with the latest reading pointing to the
strongest degree of optimism for eight months. Higher
levels of confidence were recorded in both the
manufacturing and service sectors, driven by hopes of an
improving global economic backdrop and lower domestic
inflationary pressures over the course of 2023.

So there are only wage pressures, strikes and rate rises holding back the business outlook. The underlying picture is actually quite rosy if these will stop overreacting.


Japan's was a bit stronger than ours but citing similar trends

Meanwhile, the rate of input cost inflation sank to a
17-month low while firms raised their selling prices at the slowest
pace since September 2021.

The EU was also better than ours and and a drop in inflation was in the pipeline

The easing of supply chain pressure helped alleviate input
cost inflation, as did the calming of energy markets,
especially in manufacturing. Measured overall, input prices
rose in January at the slowest rate since April 2021 – albeit
still running well above the survey’s pre-pandemic long-run
average. However, manufacturing input cost inflation has
now fallen below its pre-pandemic average, down to its
lowest since October 2020, and service sector input cost
inflation has slipped to a 13-month low.



There's lots of very good inflation pipeline news here. Unions and central banks need to stop taking such a hard line.

Government borrowing looked bad but it was interest and energy subsidies that did the damage. The inflation and energy price outlook has improved a lot recently, making the underlying trend look quite promising if those in charge can make a return to sanity from recent bonkers behaviour of overreacting to everything.

[skinny] 24/1/2023 08:30

Good Morning.

I popped out earlier to get the paper and the area is in traffic chaos, so I assume a motorway problem again!

A decent update from CWR and MARS.

[mrphil] 24/1/2023 08:21

Morning All.

Wind power may not have done much lately but surely solar must have been doing OK? We're generating around 8kW per day at the moment from just our 10 old style panels and I know the latest ones are virtually twice as efficient, or at least twice the power.