Northern Foods Share Discussion Threads

[m.j.g] 08/3/2024 17:07

Aleman I believe people’s patience has gone bang

[justiceforthemany] 08/3/2024 17:02

The way the BoE speak you would think they are colluding with the short sellers who have trashed UK markets for so long now...

[aleman] 08/3/2024 16:57

Closed at the days low. My shares seemed to move without rhyme or reason this week. Up or down - I could not guess which way or why. Well down mostly. -0.6% today. YTD -5.6%.

Sun came out around 3pm - just in time to get cold. I managed to cut the grass in 3 layers and gloves before that and was still cold. 9 bags was a lot for a first cut. Looks good though. 8.4C after 4.6C. Only 5C now.

Have a good weekend, all.

[malcolm caton] 08/3/2024 16:56

I'vb been hit badly this week by CPI and ENT .

On the week -0.87%

YTD-3.74%

I join you in the 36%

[dr biotech] 08/3/2024 16:43

Think most of us are in that 36%. I wonder how many of our kids will be by 50?

Bit of a mixed day for me, ULTP only significant mover to the total (-0.1%) but more blues than reds made it a positive day. Thats 5 up days this week which is as rare as it is welcome.

YTD +0.75%

[mrphil] 08/3/2024 15:56

Gateside, I'm surprised that 36% figure is so high and glad I can join you in that group!

[mrphil] 08/3/2024 15:55

My head sees UU. as one of my most successful holdings but my heart told me to sell most of them last year. Now seeing this I'm not sure I should be holding any!

[gateside] 08/3/2024 15:33

New opinion poll...

Labour 46%
Conservative 18%
Reform 13%
LibDem 10%


Projected seats...

Labour 537
LibDem 48
Conservative 24
SNP 18
Green 2
Reform 0

[gateside] 08/3/2024 15:04

From the Office for National statistics

Housing in England in 2020

36% owned outright
28% owned with a mortgage or a loan
19% privately rented
17% rented from housing associations and local authorities


I'm very glad to be in the 36%

[gateside] 08/3/2024 14:59

Well if oil and commodities start heading up, that will certainly help my portfolio.

[aleman] 08/3/2024 14:50

It's probably too late for pre-election cuts to have much effect. Fixed rate mortages are still only half switched over to higher rates so there is plenty more tightening to come there. Bank rate cuts now would not necessarily bring them down if Q.T. selling continues to keep 5-year, 15-year, 30-year Gilts interest rates up above 4%. This recession could well be a long, drawn-out affair, especially if the economies already picking up in Asia, Africa and South America start to push up oil and commodities prices again.

[gateside] 08/3/2024 14:45

AAIF is beginning to start moving up too, as is SOI

[gateside] 08/3/2024 14:44

Bought some more HFEL this week. It might be listed in London, but I have no interest in investing in UK PLC.Asia will be the powerhouse of the 21st century.

[gateside] 08/3/2024 14:42

Political parties don't seem to give a stuff, about the cost of living, the economy and people struggling.They only seem interested in their own wealth and prestige!

[philanderer] 08/3/2024 14:22

US Stock futures rose and bond yields fell after the latest jobs report reinforced bets the Federal Reserve will start cutting rates in June.

[justiceforthemany] 08/3/2024 13:35

Why do our BoE idiots constantly talk down rate cuts though, including the stupid, conceited fat one in charge?

[aleman] 08/3/2024 12:51

bishan bedi - It looks like Jerome Powell and Christine La Garde have both made comments in the last 24 hours that suggest rate cuts for the US and EU will probably come in June. Markets have wanted more and have been pressing them to move so bond yields are down sharply now that they look like finally giving way. The inverted yield curves are basically asking for 2%+ off immediately but we know we're just going to be given 0.25% every 3 months unless something goes bang.

(I'm actually surprised nothing has gone bang. Small and medium cap results have been typical recession level. Banks must be seeing significant write-offs - though they did go into last year with very strong capital buffers, so are better placed to absorb it than previous recessions. So are we better off without anything going bang but rates left too high for too long and destroying supply chains? We'll see in the next upswing - if there is one!)

It's strange shares have dropped as interest rate expectations have suddenly dipped. You'd think a better likelihood of rate cuts would encourage buying. But FRES have fallen further as gold has hit records in mulitple currencies and silver has risen a bit so I clearly don't understand how it all works!

[skinny] 08/3/2024 12:23

A nice part of the World!

A few years ago, we stayed at the Bell in Ticehurst for a couple of nights and visited Bateman's, Sissinghurst and Pashley Manor - albeit it was in May and the Tulip display at Pashley was stunning.

On edit - a few years ago was actually 2016!

[mrphil] 08/3/2024 12:17

Skinny, will be passing Arundel Castle tomorrow on our way to Bateman's!

[malcolm caton] 08/3/2024 11:59

A red morning,several largish fallers,and what blues there are are only moderately up, with the exception of JUST,

Bright sunshine with little wind so feeling warmer than of late,

[bishan bedi] 08/3/2024 11:40

And the two year Aleman, but there on upwards unmoved.

Do you see any news that might be driving it? I can't find anything and it is an unusually large move for what is effectively 'out of hours' movement.

Very strange, as if someone at the BofE has said something overnight.

[aleman] 08/3/2024 11:32

EU gas drawdown season nearly over with storage at record levels that could maybe almost manage next winter without even adding any this summer. (They've only drawn down from 99.6% to 61% this winter.)

[philanderer] 08/3/2024 11:10

Morning everyone.

Sunshine and breezy. That was another cold night.

Quiz = 3/7

[aleman] 08/3/2024 11:09

Wow. 1-year Gilt rate has tumbled by 0.27% and indications are now 6 or 7 x 0.25% rate cuts in the next 12 months and maybe 4 in the year after before flatlining. But you can't have any yet. We have to destroy more jobs until at least June. It's clear markets are much keener to cut rates than central bankers and it's only their constant comments about refusing to cut that is keeping the short term market rates up.