Northern Foods Share Discussion Threads

[dr biotech] 10/5/2024 13:43

Magnificent 4/7 for me.

Unfortunately heading for a red day, ULTP will cost me about 1% and blues elsewhere not enough.

[m.j.g] 10/5/2024 12:13

Thanks Aleman, public spending rose 3.7% as you say what will it be under Labour a lot of lessons learned in the 70’s are going to be hard learned again by our current politicians.

[aleman] 10/5/2024 12:03

Good morning. Misty start - now unconfortably warm and sticky in hazy sunshine.

The British economy expanded 0.2% year-on-year in the first three months of 2024, rebounding from a 0.2% drop in the previous period, and beating forecasts of a flat reading, preliminary estimates showed. The services sector rose 0.3%, rebounding from a 0.2% fall and production went up 0.5%, also recovering from a 0.1% fall. Construction on the other hand, fell 0.7%, extending a 0.6% decline in the previous quarter. On the expenditure side, public spending rose 3.7% (vs 2.5% in Q4), but declines were seen for household consumption (-0.4% vs 0.3%), business investment (-0.6% vs 2.8%), exports (-2.1% vs -7.6%) and imports (-2.7% vs -1.5%). Compared to the previous quarter, the GDP in the UK expanded 0.6%, exiting recession. source: Office for National Statistics.

If popn is up 0.8%, that's still -0.6% GDP per capita and that's with strong public sector spending growth which is stifling the private sector with taxes and generating negative numbers for its subsectors. This is not sustainable and it's hard to believe it's Tories doing it. What happens when Labour gets in?

[blueliner] 10/5/2024 10:35

Morning
Quiz, complete failure nil.
Blues in the ascendancy, with PLUS worst faller.

Hazy high cloud masking the sun atm.

[carpingtris] 10/5/2024 09:33

2/7 and both guessed.

Sunny here, car having two new rear tyres fitted today.

Hopefully a good reporting week on the markets! Unless the US ruin it later.

[malcolm caton] 10/5/2024 09:31

I join you on 1/7

[philanderer] 10/5/2024 09:26

Morning everyone.

Looking like another lovely day. Plenty of blue about in the portfolio so far.

As Skinny's on holiday I've posted the link for 'BBC Quiz of the Week - 1/7 for me and that was a guess. I've been hopeless for the last three weeks.

[malcolm caton] 10/5/2024 08:32

Morning,

Bright sunny start to day,

ULTP is todays booby prize winner,trading update has not gone down well,Ive added a few , overreaction by the markets,

[deanforester] 09/5/2024 17:36

I'm up +0.333% on the day today (FTSE100 +0.327%).

Best rises: TW. +1.70%, UU. +1.47% and BT.A +1.24%.

Worst falls: PDON -1.48%, ADM -0.90% XD and BLND -0.81%.

Looks like the MPC may finally decide to cut rates next month. Could account for the rise in TW. New highs again, of course.

Mrs DF decided that we should go to Wetherspoons at lunchtime. I decided that I would cut the grass this afternoon. Very warm.

DF

[philanderer] 09/5/2024 17:25

Portfolio +0.79% AAL the standout , good gains for RS1, BP, HILS and MKS. No real losers.

Glorious day, blue skies 23C .

Mainly gardening, preparing the area for the tomato plants.

Dr B, very nice. I've never been there.

Spaghetti and meatballs in a chilli tomato sauce tonight. Bottle of merlot.

[mrphil] 09/5/2024 17:25

Envious DrB!

[dr biotech] 09/5/2024 16:58

+0.35%

Decent enough day. VLX and specs have both done well for me recently. CREI going xd only faller but will get that paid soon enough.

Spent the day in Valletta - pleasant if somewhat overcrowded. English is an official language over here and widely spoken by most. Maltese is impenetrable to my ears.

[malcolm caton] 09/5/2024 16:56

Up 0.9%

Zoo,AVON,HBR,RR.doing the heavy lifting,although the majority were blue,

CPI,EMG,IGC the main drags on performance,

A hot sunny day here,

[aleman] 09/5/2024 16:55

+0.4%. No real standouts.

Sun a bit less hazy today and another warmest day of the year. It's reached the stage where you try get jobs done in the morning. 23.3C after 11.7C. Rest of the country is catching up with us:

Maximum Temperature Last 24h
05/09/2024 at 15:00 UTC
No. Location Station ID Amount
1 London, St James Park (United Kingdom) 03770 23.9°C
2 London / Heathrow Airport (United Kingdom) 03772 23.6°C
3 Pershore (United Kingdom) 03529 23.5°C
4 Shobdon (United Kingdom) 03520 22.9°C
5 Northolt (United Kingdom) 03672 22.7°C
6 Coleshill (United Kingdom) 03535 22.6°C
7 Charlwood (United Kingdom) 03769 22.5°C
8 Hereford/Credenhill (United Kingdom) 03522 22.5°C
9 Brize Norton (United Kingdom) 03649 22.3°C
10 Bedford (United Kingdom) 03560 22.2°C
11 Coningsby Royal Air Force Base (United Kingdom) 03391 22.1°C
12 Tibenham Airfield (United Kingdom) 03931 22.1°C
13 Andrewsfield (United Kingdom) 03684 22°C
14 Benson (United Kingdom) 03658 22°C
15 Church Lawford (United Kingdom) 03544 22°C
Script courtesy of Michael Holden of Relay Weather. Data courtesy of Ogimet

[mrphil] 09/5/2024 16:53

Decent day all around, +0.67% PMGR, AGL & NG.

Lovely sunshine, it was a toss up lunchtime of either beach or boat and the boat one on the basis it's coming out of the water tomorrow for a couple of weeks. Have to say it was really pleasant down there.

[blueliner] 09/5/2024 16:48

+0.39% folio, [FTSE All-Share +0.31%]

PMGR, 25% discount to NAV until today.
PHNX, BA., AA4, leading gainers.

HSBA(xd) main faller nice dividend to come though.

Wall to wall 22C

[mrphil] 09/5/2024 14:55

wllm, the whole article seemed a bit rigged to be honest, a three year old similar ICE car would have fallen pretty much the same. A colleague of mine has been in the habit of buying nearly new Jag F-Types and has managed similar deals each time. Also, what was all the cr4p about the battery pack needed replacing at a cost of £45K??? It will be guaranteed for at least 8 years and even then any potential failure would likely be limited to one or two cells, not the whole pack!

Beautiful down the marina at lunchtime, I was very tempted to go out but had no crew with me!

My lot aren't doing too badly today and it's nice to see PMGR can rise as well as fall!

[wllmherk] 09/5/2024 14:39

Mild, but cloudy here, 16c. Practiced my serve this morning, I need to work on it but, I'll lose a few matches until it's sorted, I'm too competitive by nature hence I've never changed it, but, now retired I have the time to do it. I'm loving the reduction in our energy bills due to the solar panels, our smart meter is showing around £2 per day, that is a reduction from approximately £7 per day, furthermore, we are not yet getting paid for energy being sent back to the grid.

On EV's MrP, totally agree with your post yesterday, there are some amazing second hand buys out there. The chap in the link I posted yesterday showed his £120k 3 year old Porsche Taycan was only worth 35k-40k, if I was buying a car today I'd be very interested in that, beautiful design.

wllm :)

[aleman] 09/5/2024 12:07

Interesting fall in shorter gilts suggests failing to cut now means faster cuts when they start. The MPC keep ignoring market signals. Back to 5 and 4. (That's rate cuts - not votes!)

[gateside] 09/5/2024 12:04

Interest rates stay unchanged Vote was 7-2 in favour

[aleman] 09/5/2024 11:53

So is the B of E happy to extend this strife? At what point do they admit they've done enough damage?

Mortgage arrears rise as homeowners struggle with rising borrowing costs

The number of UK mortgages falling into arrears has risen, latest figures show, as the Bank of England prepares to announce its latest decision on interest rates. There were 96,580 homeowner mortgages in arrears in the first three months of the year, according to UK Finance, an increase of 3pc on the previous quarter. The figure was 26pc higher than the same time last year, as increased borrowing costs take their toll on households.

[mrphil] 09/5/2024 11:42

Morning All.

Another lovely sunny one, already generated 60kWh on the new work solar and the home batteries are full!

My lot are currently blue, not sure if I have any xd's today, although I have a few divis due shortly.

[aleman] 09/5/2024 10:01

Good morning. Already mowed the front to lift yesterday's residual hedge trimmings.

There is a little speculation of a surprise rate cut today due to the KPMG/REC recruitment report and possible inside info on April CPI that might be close to 2.0%, or even just, under as domestic energy bills reset for Q2.



The number of workers available to take up new roles rose sharply over the last month while businesses scaled back demand for staff, a dynamic that the Bank of England has stressed as necessary before it cuts interest rates.

I'm going to go for a 3-6-0 split.

After a slight rise in yields this morning, Gilts now seem to suggest maybe 5, 3 and 1 for cuts in the next 3 years. We've had months and months of the B of E refusing to deliver cuts that gilts have been asking for. If and when they do deliver one, gilts are likely to adjust slightly to suggest more early cuts, e.g. 7 and 2. Of course, the longer the B of E refuse to cut, the more likely it is to go the other way!

[philanderer] 09/5/2024 09:44

Morning everyone.

Looking like another lovely day. Garden work for sure.

Listening to an economist on Radio4 earlier saying the first interest rate cut likely to be in august.

19 points off FTSE100 for xd's this morning.

[malcolm caton] 08/5/2024 19:37

Thanks to all for your good wishes.

it was first picked up on a scan about 10yrs ago,now they just keep an eye on it annualy.Unless they find anything I won't hear for about a month when the review is release on to My Chart which is the Addenbrookes patient web site,All appointments and test results are notified on it,no letters.

Just managed to end the day blue not enough to work outa %.