Northern Foods Share Discussion Threads

[blueliner] 20/11/2024 17:36

Down -0.14%, [FTSE All-Share -0.27%]
HICL, BA., GSF, JSG, PHNX, the worst.
Some frustrating fallers, offset by NEXN, CLIG, SCLP, BERI.

Final count on Mon nights snowfall was 5 plus inches in Kirkby in Ashfield north of me.

Homemade vegie curry with Aussi Shiraz tonight.

[malcolm caton] 20/11/2024 16:47

Inspite of a stellar rise from SGE,other blues were in short supply.
Down_-0.4%

Some large moves down on low volumes,

[dr biotech] 20/11/2024 16:47

-0.7%

I seem to perform as badly as the worst out of AIM/FTSE100/250 - or as with yesterday I succeed in underperforming them all to the downside.

23-4 to the reds. Seems to be a very widespread lack of optimism amongst pretty much all of mine. KITW/MEGP/VLX/NXR all significant fallers. One and only bright spot was MTEC which managed a 23% gain on a trading update. Unfortunately its my smallest holding and its now only 38% below my buy price..

Still frost on the ground here, may make the tennis somewhat tricky. May have to be serving practice only.

[mrphil] 20/11/2024 11:29

Looks like BTRW also joining the losers, labour's housing target obviously being taken with a pinch of salt.

[mrphil] 20/11/2024 11:27

Thanks Aleman, we now have sunshine and the solar is beginning to fill up the batteries!

Off to the dentist this afternoon, hoping he can do a quick repair to a large molar which didn't take kindly to some nuts last week!

SSE & HFEL have now clubbed together to prevent any gain today, but hopefully things may improve this afternoon?

[aleman] 20/11/2024 10:12

Looks like staying cold the rest of the day now since a HUGE high cloud has covered the sun and I can see snow to the east.

[philanderer] 20/11/2024 10:02

Morning everyone.

Refuse to get out of bed any earlier on cold mornings like this . Heavy frost still on the lawns but the sun is out.

Well received updates from HILS and ROR. MKS slammed back down though.

[aleman] 20/11/2024 09:19

Sunny here and looks to be headed your way, MrP, though very cold. We've just reach 0C and numerous places in Scotland, Cumbria and Lanacashire were still -5C at 9am. I'm so glad it has not clouded over!


FRP update should worry. Revenue +32% of which 23% was organic. EBITDA +44%. This is an insolvency practitioner. The UK must have already been in a bad way before Reeves. Now it will get worse, but you can tell that already from the lack of HGVs on motorways at nights and weekends.




According to an analysis by Motor Transport, nearly half of all haulage companies established since 2019 have entered insolvency proceedings or closed down. Approximately 62,234 out of 125,801 firms have ceased trading, highlighting the significant challenges within the sector.

Official figures from the Department for Business and Trade revealed that 494 hauliers entered insolvency in 2023. This number is nearly double that of two years earlier, and it is estimated that 33% of businesses in the sector are now deemed at maximum risk, up from 22% in the previous year, Motor Transport found.

Several major haulage firms, including Bridgetime Transport, Youngs Transportation, AAD Transport, Gwynedd Shipping, S&J European Haulage, Linkline Transport, and Cartwright Bros, have all entered administration this year, reflecting the widespread financial strain.

The Road Haulage Association (RHA) also emphasised the increasing insolvency rates, calling for government support to alleviate the financial burden on haulage businesses. Richard Smith, RHA Managing Director, highlighted the challenges posed by rising operational costs, including fuel prices, which constitute a significant portion of expenses for the sector.

The financial pressures have resulted in a deeply concerning trend, with the number of haulage company insolvencies surpassing those seen during the financial crisis of 2008.

[mrphil] 20/11/2024 09:19

Morning All.

Skinny, sorry to hear that on PPS

We had a low of -1.2°C last night and it still feels freezing! We were forecast wall to wall sunshine for today but I haven't seen much evidence of that as yet! We've planned lunch on board to check the boat over so I hope the sun makes an appearance by then!

Just into blue territory at the moment thanks to my remaining (much smaller) holding in UU.

[skinny] 20/11/2024 08:40

Another of my tech tiddlers has bitten the dust - PPS.

[malcolm caton] 20/11/2024 08:15

Morning.

Bright sunny and cold start,frost on roofs.

SGE results well recived so far,

[aleman] 20/11/2024 07:33

Good morning. A hard frost but looks like the sun will be out today.

Churchill China report no usual season uplift in Q4 and more cost cuts (job losses). Their shares are already down 60% over about 3 years - as if we have been in recession during that time. Hornby report more cost cuts. Working age on out of work benefits is already up 2.3m and rising yet they don't understand what's causing it. These ongoing cost cuts will probably add another million over the next year. With those of working age but on non-working universal credit, those on unemployment benefit and those on incapacity benefit at 6 million, real unemployment must be the highest it's ever been yet they look around and wonder why there is so much crime and decay. We could ease the problem by making it easier to get people back into jobs - so they go and increase minimum wage and employment taxes .....

[deanforester] 19/11/2024 20:59

I'm up +0.121% on the day today (FTSE100 -0.127%).

Best rises: BT.A +3.49%, IMB +3.08% and BLND +3.00%.

Worst falls: LLOY -1.64%, TATE -1.28% and BP. -1.11%.

IMB results went down well. BT.A a bit of a mystery.

Heavy rain this morning then temperature fell to +4°C.

Off to Tonbridge for lumch tomorrow.

DF

[skinny] 19/11/2024 18:46

Apparently, I finished up 0.28% - which I'm not convinced about!

Rain all day here, but bright and cold forecast for the next couple of days.

[scottishfield] 19/11/2024 17:33

0.3% down here. DEC good, HSP, MNL poor.

[aleman] 19/11/2024 17:29

+0.1%. PLUS around +2%.

I thought it would brighten up but stayed a bit murky with high cloud. It warmed enough to melt the inch of snow we had. I got some blankets and delivered them to the homeless shelter. That's early this year of course - I usually think of it as a Christmas activity. Traffic was very quiet again. The weather must be holding the economy back a touch - as if there were not enough other problems! 3.7 after -0.1C. Tulloch Bridge hit -10.7C amongst some widespread and significant Scottish cold.

[dr biotech] 19/11/2024 17:09

Another rubbish day for me where I underperform all the indices. Down 0.7%

My two large smaller company trusts (AUSC/MTE) were the biggest value losers, but for me it was just another hopeless day 18-7 to the reds.

Looking at the YTD I have 13 that are down on the year and only 11 that are up with the rest being roughly level.

[philanderer] 19/11/2024 17:03

Portfolio -0.14% DPLM -7% hammered on results , IMB +3% with theirs , SBRY, AZN and NG. gainers .....NICL, HILS, BP losers.


Miserable, cold overcast wet day 5C . Stopped late afternoon so I went out for a walk. Ghost town.

I hope pensioners are not too worried to have some heating on in this weather, thanks to this rubbish in charge. As each day goes on I detest Starmer's lot even more.

Bangers and mash tonight with a bottle of red.

[blueliner] 19/11/2024 17:00

+0.36% folio, [FTSE All-Share -0.16%]

NEXN +8.6%, BA., HICL, BT.A, PLUS, CLIG, leading gainers.
JSG, ENSI, SCLP, worst fallers.

We had approx 2 inches plus of snow overnight, now melting, heavier falls were recorded in the North and West of our region including infamous Snake Pass which was closed overnight.

[malcolm caton] 19/11/2024 16:54

After yo yoing around all day ended +0.16%,

Best risers AVON,BA.PLUS.MSHL,

Worst fallers RR.SNR,LLOY.

[mrphil] 19/11/2024 16:50

Well that was a pleasant surprise, ended the day +0.16% thanks to NG., DEC & SAE

Have set the pre-conditioning in the car as this cold weather is a bit of a shock to the system!

[aleman] 19/11/2024 16:19

US housing starts continue their recessionary trend since mid 2022. The only thing that seems to be supporting the US economy is the big tech stocks.