Orchard Funding Share Discussion Threads

[spob] 18/1/2023 18:19

UK inflation: how everyday items and services shot up in price


Basics such as eggs, bread and drinks are in a basket of items that rose at over twice December’s 10.5% inflation rate.

Price rises of many goods outstripped December’s 10.5% inflation rate with bread up 20.5%, electricity 65.4% and hotels 18.1%

Richard Partington

The Guardian

18 Jan 2023



The UK’s inflation rate fell for a second month in December, dropping to 10.5%. But households remain under pressure as prices continue to rise for a wide range of goods and services.

Despite the fall in the headline rate, food and non-alcoholic drinks jumped by a collective 16.8%, the fastest annual rate of increase since 1977. Price rises for restaurant meals and overnight stays in hotels also accelerated.

The Office for National Statistics compiled the overall figures using the consumer prices index, but also logs individual goods and service prices. Here we break down how those everyday items have shot up over the past year.

In each case, the figure is the percentage change in the average price over the 12 months to December 2022.


Food

Food inflation items

Low-fat milk 46%
Sugar 38.5%
Butter 29.3%
Pasta products and couscous 29.1%
Eggs 28.9%
Jams, marmalades and honey 24.2%
Ready-made meals 21.7%
Bread 20.5%
Fish 19.6%
Pizza and quiche 13.2%
Fruit 6.5%


Drinks

Mineral or spring waters 23.3%
Soft drinks 18%
Fruit and vegetable juices 16.7%
Coffee 10.1%
Tea 11.2%
Beer 5.4%
Spirits 4.3%
Wine 2%


Electricity, gas and other fuels

Gas 128.9%
Electricity 65.4%
Solid fuels 31.7%


Clothing and shoes

Garments for men 8.8%
Garments for infants and children 6.2%
Garments for women 6%
Footwear for men 5.6%
Footwear for infants and children 5.4%
Footwear for women 0.2%


Household items and furniture

Garden furniture 12.2%
Cookers 11.3%
Lighting equipment 9.6%
Carpets and rugs 9.4%
Refrigerators, freezers and fridge-freezers 9.2%
Bed linen 7.7%


Vehicles and passenger transport

New cars 6.7%
Motorcycles 1.8%
Bicycles 0.9%
Secondhand cars -5.5%

By air 44.1%
By bus and coach 17.5%
By train 6.9%
By sea and inland waterway 6.4%


Hospitality and recreation

Hotels and motels 18.1%
Fast food and takeaway food services 12.3%
Restaurants and cafes 10.1%
Holiday centres, campsites and youth hostels 9.1%
Cinemas, theatres and concerts 6.9%
Museums 6.2%


Other recreational items

Products for pets 16.2%
Garden products 13.5%
Veterinary and other services for pets 12.2%
Sport equipment 4.3%

[spob] 18/1/2023 18:17

As investors we all need to be aware of the REAL return we are getting from our investments.

Just making a point that's all.

The government indicates 10% inflation. The average person on an average income knows their true inflation rate is easily double that figure.

[cwa1] 18/1/2023 15:14

Just floating the question...is there a realistic chance of the dividend being increased, or have they stuck on a figure of 3p(been that since 2017) and it will take something special to shift them from it? Has anyone asked the question of them?

Cheers

[97peter] 18/1/2023 15:04

A 6-7% divi with potential for growth and future rises in divi! What do you want, even the big divi payers like UU, SSE and NG , you need to pay £10+ a share, so stick with ORCH it is going places and giving you a good return, inflation will be back below 4% next year.!

[1tx] 18/1/2023 14:50

Is there anywhere you can earn 20-30% return?Perhaps as a loan shark;but best not to stand still after you have got your money back!!I think the problem is that investors are fearful of investing in companies that are involved in consumer credit and are selling down their investments in this field with more enthusiasm than others are to invest in spite of high well covered dividends ;even if it seems unlikely that people will default on their car insurance premium payment ORCH main finance offering.I am only a small recent holder here;but my larger longer held holdings in Close Bros,S&U,and Secure Trust have done poorly over the last year.Close and S&U still seem to be doing well.Only pawn broker Ramsdens which I also hold has bucked the trend share price wise.

[spob] 18/1/2023 13:48

better but not "well paid"

[battlebus2] 18/1/2023 12:05

Better than a stock that pays 0% and is in a similar unloved position

[spob] 18/1/2023 10:21

" with a dividend yield of over 6%, to keep me company, I'm being(well)paid to wait."


Dividend is well below the inflation rate

means loss of purchasing power while waiting, unless the shares are re-rated


Dividends are all a bit redundant at the moment in the grand scheme of things

you need to be returning around 20-30% per annum in the current environment JUST TO STAND STILL


So no point getting excited about a 6% divi

[97peter] 18/1/2023 09:55

Thank you Davidosh, I will inform and update Ravi. I think once the Investor relations pages on the website are updated. Plus the links to what Lendxp and Trustloop SaaS and services offer and to whom, how and at what costs, this will help investors realise the wealth and potential of this company and share.

[davidosh] 16/1/2023 23:36

The Mello presentation and Q&A has been edited out of the show and is available to put on the website as very useful for investors.

[battlebus2] 16/1/2023 16:54

Mine too. Poor day with a few top holdings down.

[fozzie] 16/1/2023 16:27

Just puts the tin hat on my day!

[battlebus2] 16/1/2023 16:13

Impatience or maybe some are linking it to insurance co PW

[97peter] 16/1/2023 16:09

Why all the sells Friday and today? The share price and the company are doing well. Why sell? Strange, especially after the Mello presentation and future growth and increased profit and contracts??

[cwa1] 06/1/2023 07:52

Nice to see that ORCH dividend nestling in the account first thing this morning! Gives a warm glow whilst we await a re-rate ;-)

[97peter] 04/1/2023 16:41

GBCol, it won’t be long before the presentation , Q&A sessions and FAQ’s for investors is on there! Plus Ravi who I will be catching up with tomorrow is putting in place betterrespi see times as more emails for investors to send questions to, including his sort e mail.
I will also be trying to put more updates and news via ADVFN andLSE BB .
GLA
DYOR

PS - I am heavily invested here and so some of my over positivity, is due to knowing more about Orchard, plus research!!! Read about their SaaS , which again will be published very soon via Investor relations andOrchard Funding Group PLCweb pages.

[gbcol] 04/1/2023 15:43

97peter it would be very useful if they could get that presentation onto their website.

I bought a few more today too although both your shareholding and optimism is considerably higher than mine. That said, share price has popped up to 60p a few times over last couple of years, and will hopefully do so again before too long. In the meantime, the divi is decent.

[galles] 04/1/2023 15:13

Default rate is extremely low. They have agreements with organisations whereby the any failure by the borrower will be footed by the organisations. Very safe. And that was the reason why ORCH did not go further into say football season tickets etc.

[97peter] 04/1/2023 14:27

Cowrie, definitely buys!

[97peter] 04/1/2023 14:10

Ammons, if you watch the Orchard Presentation on Mello. You will see and hear that 90% of Orchards lending is insured/ covered! Plus the SaaS they use also mitigates losses or failures very well! This may be a slow steady eddy share, but a solid one!

[ammons] 04/1/2023 14:07

How might this share react to a loan default? Possible in the coming reccession? According to LSE this company has a market cap of only £10m. Tiny.

[cowie19] 04/1/2023 13:56

These are showing as sells

[97peter] 04/1/2023 13:53

Topped up today with another 26,636 and 25,000 shares at ridiculously low share price Of 47p. This share will raise in Q2 as UK recession ends and markets and investors turn upwards. The Ukraine war will be resolved?? Plus Chinaand US markets will regain!
Orchard is a fabulous company, well run and on the up! With a 6-7% yield and 3p divi per year , what’s not to like!

[cwa1] 03/1/2023 13:40

Afternoon Rainmaker

It's obviously impossible to tell for sure-but as the trade was timed at 9.34am, when the spread was 47-48p, my money would be on a sale. However, I'd agree with anyone that says you can't tell for sure either way!

Re ADVFN trade logs, I think you can be absolutely certain how they mark the share trade definitions-any price above mid(at the time of trade print) is marked as BUY, below as SELL and on mid as ? BUT you can be certain that it's very often an incorrect "guess" as you can often buy below mid and the converse, not to mention the effect that a delayed trade, etc. has...

Anyway, as an "old timer" like yourself clearly knows you need to take their trade definitions with a whole slug of salt!

And, yes, I'm a happy holder too

[rainmaker] 03/1/2023 13:27

I'm pretty sure that trade of 138,500 @ 47.35p with the market opening at 46p bid, 48p offered,is a purchase. Long experience has taught me not to put too faith in ADVFN's purchases and sales figures. I'm a happy holder here and with a dividend yield of over 6%, to keep me company, I'm being(well)paid to wait.

AIMHO, DYOR

regards