GDHYP 41st purchase - final run-off poll

[Gengulphus]

The pre-poll has now closed, and as no further votes can be cast in it, I can simply point people at http://www.lemonfool.co.uk/viewtopic.php?f=15&t=1228 for its full results. A summary is that new holdings in Greene King and Pennon and a top-up of Vodafone were the top three choices (in that order, though very close together) and go through to this final run-off poll, on 69 total votes for the candidates and no votes for none of the candidates being suitable. So without further ado, here are my usual statistics about the three remaining candidates:

Greene King
Sector: Booze (duplicates sector of existing holding in Marston's)
Share price: 672.00p
Forecast yield and cover: 5.0%, covered 2.13 times.
Historical yield and cover: 4.8%, covered 2.18 times by adjusted EPS and 2.01 times by basic EPS.
Dividend growth record: a bit static back in 2009/10, but good and steady since then - last increase 7.7%, annualised over eight increases 5.5%
based on declared sterling amounts 20.9p*, 21.0p*, 21.5p , 23.1p, 24.8p, 26.6p, 28.4p, 29.75p, 32.05p (* = adjusted for rights issue)
Market cap: £2,082m
Net debt: £2,200m
Gearing: 122% based on NAV, 326% based on NAVXG, 435% based on NTAV
Debt multiple: 10.6 times
Interest cover: 2.1 times
Note: Net debt and gearing figures are from the interims; interest cover is from the finals earlier this year (to get a full year's figures and eliminate any seasonal effects); debt multiple uses the net debt from the interims and the adjusted earnings from the finals earlier this year.
Note: The debt should be looked at in the light of the fact that Greene King has substantial property assets in the form of pubs.

Pennon
Sector: Water Utilities (new sector for GDHYP)
Share price: 793.00p
Forecast yield and cover: 4.5%, covered 1.14 times
Historical yield and cover: 4.2%, covered 1.18 times by adjusted EPS and 1.10 times by basic EPS
Dividend growth record: good, steady growth over many years - last increase 5.6%, annualised over eight increases 6.8%
based on declared sterling amounts 19.81p, 21.00p, 22.55p, 24.65p, 26.52p, 28.46p, 30.31p, 31.80p, 33.58p
Market cap: £3,282m
Net debt: £2,566m
Gearing: 240% based on NAV, 375% based on NAVXG, 414% based on NTAV
Debt multiple: 15.8 times
Interest cover: 4.8 times
Note: Net debt and gearing figures are from the interims; interest cover is from the finals earlier this year (to get a full year's figures and eliminate any seasonal effects); debt multiple uses the net debt from the interims and the adjusted earnings from the finals earlier this year.
Note: The debt should be looked at in the light of the fact that Pennon is a utility.

Vodafone
Sector: Telecoms (mobile) (top-up of existing holding)
Share price: 191.40p
Forecast yield and cover: 6.6%, covered 0.48 times
Historical yield and cover: 6.0%, covered 0.44 times by adjusted EPS and -1.32 times by basic EPS (see note)
Dividend growth record: Good but slowing - last increase 2.0%, annualised over eight increases 5.4%
based on declared sterling amounts 7.51p, 7.77p, 8.31p, 8.90p, 9.52p*, 10.19p, 11.00p*, 11.22p, 11.45p (* = see note)
Market cap: £50,945m
Net debt: £34,045m
Gearing: 55% based on NAV, 86% based on NAVXG, 186% based on NTAV
Debt multiple: 30.3 times
Interest cover: 0.8 times (see note)
Note: Dividend record omits the special dividend of 4p paid in 2012 and the technically-a-dividend return of the Verizon deal proceeds in 2014.
Note: The company made a substantial loss on a "basic earnings" basis and so dividend cover by basic EPS really was negative.
Note: Net debt and gearing figures are from the interims, with net debt being translated at the current exchange rate; interest cover is from the finals earlier this year (to get a full year's figures and eliminate any seasonal effects); debt multiple uses the net debt from the interims and the adjusted earnings from the finals earlier this year.
Note: Interest cover is 0.8 times calculated on a "basic earnings" basis. On an "adjusted earnings" basis, I think it's 2.3 times - though that does depend on me having applied the adjustments listed in one section of the annual report correctly to another, and it isn't entirely obvious to me that I have. I haven't really decided which is the better one to use in principle, but my assessment is not good either way: 0.8 times is pretty bad, 2.3 times at best describable as poor IMHO...

As usual at this stage, if you don't think any of the remaining candidates is at all suitable, please either vote for the one that you think is least bad or don't vote in this poll. Voting will close two days after I post this poll, in the mid-to-late afternoon of Tuesday December 6th - see the top of the poll options for the exact deadline. Unless anything untoward happens, I will then enter a purchase order for the winner into the Halifax ShareBuilder account, ready for its 'investment day' on Wednesday December 7th.

To help in making the decision, here's an update of GDHYP's current composition - prices taken this weekend, as that's very quick and easy for me; forecasts still from the start of this selection process on Wednesday November 30th, as I don't regard it as worth updating them for just a few days of changes.

Code: Select all

Company (with      EPIC  Shares  Purchase   Current   Current    Sector                 F/cast          Rank
top-up indicator)                cost       price     value                             income   yield  Yld Cap Sum
-------------------------------------------------------------------------------------------------------------------
+ Lloyds           LLOY    673   £1,800.00    57.55p    £387.04  Banks                   £20.98  5.42%   14   1  15
- BP               BP.     421   £1,875.12   466.65p  £1,966.16  Oil & Gas Producers    £133.31  6.78%    5   9  14
+ Vodafone         VOD    1588   £3,056.56   191.40p  £3,039.20  Telecoms (mobile)      £199.12  6.55%    6  13  19
+ AstraZeneca      AZN      77   £1,841.68  4055.00p  £3,116.40  Pharmaceuticals        £171.86  5.51%   13  14  27
+ Tate & Lyle      TATE    650   £1,930.24   667.00p  £4,338.24  Food Producers         £184.26  4.25%   21  26  47
+ Br.Amer.Tobacco  BATS     98   £1,937.68  4347.00p  £4,240.32  Tobacco                £160.51  3.79%   22  24  46
- SSE              SSE     290   £3,598.00  1478.00p  £4,288.80  Energy Utilities       £261.94  6.11%    9  25  34
+ Aviva            AV.     516   £1,999.76   443.40p  £2,289.76  Life Assurance         £119.91  5.24%   15  10  25
+ BAE Systems      BA.     593   £1,869.84   594.00p  £3,519.84  Defence & Aerospace    £126.16  3.58%   23  21  44
+ British Land     BLND    428   £2,138.40   587.00p  £2,512.80  Property (REIT)        £125.34  4.99%   17  12  29
+ RSA Insurance    RSA     295   £1,890.48   529.00p  £1,562.16  Non-life Insurance      £42.61  2.73%   26   5  31
+ FirstGroup       FGP     635   £2,060.00   100.80p    £640.32  Travel                   £3.56  0.56%   27   2  29
+ Tesco            TSCO    523   £2,148.32   206.75p  £1,081.28  Supermarkets             £0.47  0.04%   28   3  31
+ BHP Billiton     BLT     124   £2,138.56  1304.00p  £1,621.60  Mining                  £51.77  3.19%   25   6  31
- Carillion        CLLN   1303   £4,213.28   244.90p  £3,190.00  Constr'n / Prop.Serv.  £245.14  7.68%    1  17  18
+ National Grid    NG.     350   £2,224.64   902.80p  £3,160.48  Energy Utilities       £155.43  4.92%   18  16  34
+ Unilever         ULVR    107   £2,299.52  3110.50p  £3,318.00  Househ.Gds/Food Prod.  £114.60  3.45%   24  18  42
- GlaxoSmithKline  GSK     285   £4,093.60  1467.00p  £4,173.84  Pharmaceuticals        £234.02  5.61%   12  23  35
- Shell "B"        RDSB    218   £4,740.64  2152.00p  £4,685.52  Oil & Gas Producers    £321.91  6.87%    4  28  32
- Pearson          PSON    396   £4,058.24   787.50p  £3,116.48  Media                  £203.81  6.54%    7  15  22
- HSBC             HSBA    649   £4,405.76   627.10p  £4,072.48  Banks                  £258.98  6.36%    8  22  30
+ Sainsbury        SBRY    799   £2,609.68   229.00p  £1,830.24  Supermarkets            £82.56  4.51%   20   7  27
- Amec Foster Wh.  AMFW    521   £4,794.48   443.70p  £2,310.40  Oil & Gas Services     £109.97  4.76%   19  11  30
- Marston's        MARS   2562   £4,232.48   132.00p  £3,381.68  Booze                  £194.70  5.76%   11  19  30
+ Imperial Brands  IMB      56   £1,790.40  3395.50p  £1,912.08  Tobacco                 £97.52  5.10%   16   8  24
+ Legal & General  LGEN   1402   £3,338.24   242.50p  £3,400.72  Life Assurance         £201.10  5.91%   10  20  30
+ Aberdeen         ADN     545   £1,719.12   272.40p  £1,485.44  Other Financials       £106.72  7.18%    3   4   7
- Galliford Try    GFRD    359   £4,128.56  1293.00p  £4,641.76  Constr'n / Housebldr   £338.17  7.29%    2  27  29
-------------------------------------------------------------------------------------------------------------------
Subtotal                        £78,933.28           £79,283.04
Cash                             £1,788.72            £1,788.72
-------------------------------------------------------------------------------------------------------------------
Total                           £80,722.00           £81,071.76                       £4,266.43


Gengulphus

[Gengulphus]

As a very minor correction, the "top-up indicators" in the final portfolio listing for FirstGroup and Tesco in the final portfolio listing should have been "V"s rather than "+"s - i.e. I haven't removed my vetos on topping them up. The same applies to the equivalent table in the earlier pre-poll topic. They were given correctly in the original request-for-nominations topic and the companies haven't been candidates in either poll, so this correction is just in the interests of accuracy - it shouldn't affect anyone's vote!

Gengulphus

[Instep]

Company (with      EPIC  Shares  Purchase   Current   Current    Sector                 F/cast          Rank
top-up indicator)                cost       price     value                             income   yield  Yld Cap Sum
-------------------------------------------------------------------------------------------------------------------
+ Lloyds           LLOY    673   £1,800.00    57.55p    £387.04  Banks                   £20.98  5.42%   14   1  15
- BP               BP.     421   £1,875.12   466.65p  £1,966.16  Oil & Gas Producers    £133.31  6.78%    5   9  14
+ Vodafone         VOD    1588   £3,056.56   191.40p  £3,039.20  Telecoms (mobile)      £199.12  6.55%    6  13  19
+ AstraZeneca      AZN      77   £1,841.68  4055.00p  £3,116.40  Pharmaceuticals        £171.86  5.51%   13  14  27
+ Tate & Lyle      TATE    650   £1,930.24   667.00p  £4,338.24  Food Producers         £184.26  4.25%   21  26  47
+ Br.Amer.Tobacco  BATS     98   £1,937.68  4347.00p  £4,240.32  Tobacco                £160.51  3.79%   22  24  46
- SSE              SSE     290   £3,598.00  1478.00p  £4,288.80  Energy Utilities       £261.94  6.11%    9  25  34
+ Aviva            AV.     516   £1,999.76   443.40p  £2,289.76  Life Assurance         £119.91  5.24%   15  10  25
+ BAE Systems      BA.     593   £1,869.84   594.00p  £3,519.84  Defence & Aerospace    £126.16  3.58%   23  21  44
+ British Land     BLND    428   £2,138.40   587.00p  £2,512.80  Property (REIT)        £125.34  4.99%   17  12  29
+ RSA Insurance    RSA     295   £1,890.48   529.00p  £1,562.16  Non-life Insurance      £42.61  2.73%   26   5  31
V FirstGroup       FGP     635   £2,060.00   100.80p    £640.32  Travel                   £3.56  0.56%   27   2  29
V Tesco            TSCO    523   £2,148.32   206.75p  £1,081.28  Supermarkets             £0.47  0.04%   28   3  31
+ BHP Billiton     BLT     124   £2,138.56  1304.00p  £1,621.60  Mining                  £51.77  3.19%   25   6  31
- Carillion        CLLN   1303   £4,213.28   244.90p  £3,190.00  Constr'n / Prop.Serv.  £245.14  7.68%    1  17  18
+ National Grid    NG.     350   £2,224.64   902.80p  £3,160.48  Energy Utilities       £155.43  4.92%   18  16  34
+ Unilever         ULVR    107   £2,299.52  3110.50p  £3,318.00  Househ.Gds/Food Prod.  £114.60  3.45%   24  18  42
- GlaxoSmithKline  GSK     285   £4,093.60  1467.00p  £4,173.84  Pharmaceuticals        £234.02  5.61%   12  23  35
- Shell "B"        RDSB    218   £4,740.64  2152.00p  £4,685.52  Oil & Gas Producers    £321.91  6.87%    4  28  32
- Pearson          PSON    396   £4,058.24   787.50p  £3,116.48  Media                  £203.81  6.54%    7  15  22
- HSBC             HSBA    649   £4,405.76   627.10p  £4,072.48  Banks                  £258.98  6.36%    8  22  30
+ Sainsbury        SBRY    799   £2,609.68   229.00p  £1,830.24  Supermarkets            £82.56  4.51%   20   7  27
- Amec Foster Wh.  AMFW    521   £4,794.48   443.70p  £2,310.40  Oil & Gas Services     £109.97  4.76%   19  11  30
- Marston's        MARS   2562   £4,232.48   132.00p  £3,381.68  Booze                  £194.70  5.76%   11  19  30
+ Imperial Brands  IMB      56   £1,790.40  3395.50p  £1,912.08  Tobacco                 £97.52  5.10%   16   8  24
+ Legal & General  LGEN   1402   £3,338.24   242.50p  £3,400.72  Life Assurance         £201.10  5.91%   10  20  30
+ Aberdeen         ADN     545   £1,719.12   272.40p  £1,485.44  Other Financials       £106.72  7.18%    3   4   7
- Galliford Try    GFRD    359   £4,128.56  1293.00p  £4,641.76  Constr'n / Housebldr   £338.17  7.29%    2  27  29
-------------------------------------------------------------------------------------------------------------------
Subtotal                        £78,933.28           £79,283.04
Cash                             £1,788.72            £1,788.72
-------------------------------------------------------------------------------------------------------------------
Total                           £80,722.00           £81,071.76                       £4,266.43

[Instep]

As a very minor correction, the "top-up indicators" in the final portfolio listing for FirstGroup and Tesco in the final portfolio listing should have been "V"s rather than "+"s - i.e. I haven't removed my vetos on topping them up. The same applies to the equivalent table in the earlier pre-poll topic. They were given correctly in the original request-for-nominations topic and the companies haven't been candidates in either poll, so this correction is just in the interests of accuracy - it shouldn't affect anyone's vote!

Gengulphus

As the new tag [pre] has been introduced since the poll opened, I've repeated your table. This is better than [code], because it also adds a horizontal scroll bar when needed.

I àlso added the Vs for you.

Instep

[Gengulphus]

A reminder to everyone that if you want to vote and haven't yet done so, you need to do so before 4:20 this afternoon.

Instep: Thanks, but at least on my machine/browser/etc, it wraps at 110 characters, rather than producing a horizontal scroll bar - and the table is unfortunately 115 characters wide... Not that I would like a horizontal scroll bar any more than wrapping - they both result in hard-to-read stuff.

I've got three potential solutions: prune 5 more characters out of the table width, use "Small" rather than "Normal" text, and (longer-term, though I'm uncertain how much!) see whether the "table" facility can be developed into something adequate for the job. The third definitely isn't possible at present, the second definitely is but would be hard for some to read, and I need to do some experimenting with the first: I can fairly easily see my way to taking 4 characters out of its width but 5 may be a bit difficult... I'll do that experimenting and post the results if/when I'm satisfied with them.

Gengulphus

[77ss]

Not that I would like a horizontal scroll bar any more than wrapping - they both result in hard-to-read stuff.

Yes. If I want to look seriously at one of these tables, I just dump the data into a spreadsheet.

Only takes a moment - and, if you want to, you can manipulate the data.

[Gengulphus]

Instep: Thanks, but at least on my machine/browser/etc, it wraps at 110 characters, rather than producing a horizontal scroll bar ...

This is just to note that as a result of a misunderstanding with mc2fool on another topic, which is also likely to have occurred with Instep here, I've discovered that other people's machines/browsers/etc can do exactly the opposite - so avoiding such misunderstandings is another reason to want to get the table width down!

For anyone with a screen too narrow to accommodate the 110-character width and which wraps the lines rather than making them horizontally scrollable, by the way, I think I will just have to recommend 77ss's solution. There are possibilities involving splitting the table up into narrower ones, each providing different information on the holdings, but I don't think they would help overall - it saves horizontal scrolling for those with small screens, but causes those with large screens to be unable to see all the data on a holding at once and so causes them extra vertical scrolling... I.e. a case of being unable to please all the people all the time.

Gengulphus

[funduffer]

For anyone with a screen too narrow to accommodate the 110-character width and which wraps the lines rather than making them horizontally scrollable, by the way, I think I will just have to recommend 77ss's solution.

On my iPad the table wraps onto the next line.

On my PC with wide-screen, insteps table looks great (i.e. fits across the screen).

If these observations are any use!

FD

[Gengulphus]

OK - after some serious table-squashing, I've got it down to 109 characters wide:

Company (with      EPIC  Shrs  Purchase   Current   Current    Sector              F/cast         Rank    
top-up indicator)              cost       price     value                          income   yld   Yld Cap Sum
-------------------------------------------------------------------------------------------------------------
+ Lloyds           LLOY   673  £1,800.00    57.55p    £387.04  Banks                £20.98  5.42%  14   1  15
- BP               BP.    421  £1,875.12   466.65p  £1,966.16  Oil & Gas Producer  £133.31  6.78%   5   9  14
+ Vodafone         VOD   1588  £3,056.56   191.40p  £3,039.20  Telecoms (mobile)   £199.12  6.55%   6  13  19
+ AstraZeneca      AZN     77  £1,841.68  4055.00p  £3,116.40  Pharmaceuticals     £171.86  5.51%  13  14  27
+ Tate & Lyle      TATE   650  £1,930.24   667.00p  £4,338.24  Food Producers      £184.26  4.25%  21  26  47
+ Br.Amer.Tobacco  BATS    98  £1,937.68  4347.00p  £4,240.32  Tobacco             £160.51  3.79%  22  24  46
- SSE              SSE    290  £3,598.00  1478.00p  £4,288.80  Energy Utilities    £261.94  6.11%   9  25  34
+ Aviva            AV.    516  £1,999.76   443.40p  £2,289.76  Life Assurance      £119.91  5.24%  15  10  25
+ BAE Systems      BA.    593  £1,869.84   594.00p  £3,519.84  Defence & Aerosp.   £126.16  3.58%  23  21  44
+ British Land     BLND   428  £2,138.40   587.00p  £2,512.80  Property (REIT)     £125.34  4.99%  17  12  29
+ RSA Insurance    RSA    295  £1,890.48   529.00p  £1,562.16  Non-life Insurance   £42.61  2.73%  26   5  31
V FirstGroup       FGP    635  £2,060.00   100.80p    £640.32  Travel                £3.56  0.56%  27   2  29
V Tesco            TSCO   523  £2,148.32   206.75p  £1,081.28  Supermarkets          £0.47  0.04%  28   3  31
+ BHP Billiton     BLT    124  £2,138.56  1304.00p  £1,621.60  Mining               £51.77  3.19%  25   6  31
- Carillion        CLLN  1303  £4,213.28   244.90p  £3,190.00  Constr'n/Prop.Serv  £245.14  7.68%   1  17  18
+ National Grid    NG.    350  £2,224.64   902.80p  £3,160.48  Energy Utilities    £155.43  4.92%  18  16  34
+ Unilever         ULVR   107  £2,299.52  3110.50p  £3,318.00  Househ.Gds/Food Pr  £114.60  3.45%  24  18  42
- GlaxoSmithKline  GSK    285  £4,093.60  1467.00p  £4,173.84  Pharmaceuticals     £234.02  5.61%  12  23  35
- Shell "B"        RDSB   218  £4,740.64  2152.00p  £4,685.52  Oil & Gas Producer  £321.91  6.87%   4  28  32
- Pearson          PSON   396  £4,058.24   787.50p  £3,116.48  Media               £203.81  6.54%   7  15  22
- HSBC             HSBA   649  £4,405.76   627.10p  £4,072.48  Banks               £258.98  6.36%   8  22  30
+ Sainsbury        SBRY   799  £2,609.68   229.00p  £1,830.24  Supermarkets         £82.56  4.51%  20   7  27
- Amec Foster Wh.  AMFW   521  £4,794.48   443.70p  £2,310.40  Oil & Gas Services  £109.97  4.76%  19  11  30
- Marston's        MARS  2562  £4,232.48   132.00p  £3,381.68  Booze               £194.70  5.76%  11  19  30
+ Imperial Brands  IMB     56  £1,790.40  3395.50p  £1,912.08  Tobacco              £97.52  5.10%  16   8  24
+ Legal & General  LGEN  1402  £3,338.24   242.50p  £3,400.72  Life Assurance      £201.10  5.91%  10  20  30
+ Aberdeen         ADN    545  £1,719.12   272.40p  £1,485.44  Other Financials    £106.72  7.18%   3   4   7
- Galliford Try    GFRD   359  £4,128.56  1293.00p  £4,641.76  Constr'n/Housebldr  £338.17  7.29%   2  27  29
-------------------------------------------------------------------------------------------------------------
Subtotal                      £78,933.28           £79,283.04                                                
Cash                           £1,788.72            £1,788.72                                                
-------------------------------------------------------------------------------------------------------------
Total                         £80,722.00           £81,071.76                    £4,266.43

A bit more could probably be done by further abbreviating company and sector names, and obviously columns could be removed at a cost in content that I would strongly prefer to remain, but I doubt that it's really practical to make a major difference. I.e. that's about as narrow as I can get it using the 'pre' tags.

Investigating what's feasible using the 'table' tags will have to wait for another time.

Gengulphus

[staffordian]

That table is perfectly clear on my tablet. There is a bit of side to side scrolling necessary, but thats not an issue at all with a touch screen.

Great work!

Staffordian

Edit Not sure if its intentional or just a side effect of the tags, but your whole post scrolls with the table!

[Gengulphus]

Greene King has won the poll, just ahead of Pennon, with the Vodafone top-up a distant third. And we've actually had quite noticeably more votes this time than the last time I did this, in late July on TMF: 81 votes in the final run-off poll this time compared with 68 then. Of course, more people were probably on holiday and away from the internet then. But it does seem likely that we haven't lost all that many GDHYP voters in the TMF-to-TLF move.

Anyway, I'll put the Halifax ShareBuilder order in to buy Greene King just after posting this, ready for tomorrow's 'investment day'.

Gengulphus

[funduffer]

Greene King has won the poll, just ahead of Pennon, with the Vodafone top-up a distant third.

Yes, Greene King came from behind to win the race. It seems people prefer beer to water, which is understandable!

FD

[Gengulphus]

Greene King has won the poll, just ahead of Pennon, with the Vodafone top-up a distant third.

Yes, Greene King came from behind to win the race. It seems people prefer beer to water, which is understandable!

Indeed - though lots of beer (*) and no water might not be all that good for you! :-)

(*) Two purchases of Marston's already...

Gengulphus

[Raptor]

Sobering thought, why people drink beer and not water........

http://history.howstuffworks.com/mediev ... -water.htm

Raptor.

[Breelander]

... at least on my machine/browser/etc, it wraps at 110 characters, rather than producing a horizontal scroll bar - and the table is unfortunately 115 characters wide... Not that I would like a horizontal scroll bar any more than wrapping - they both result in hard-to-read stuff.

On my PC only Firefox give a horizontal scroll bar for a table using [pre]. Edge and IE both wrap the text.

Gengulphus[/quote]
I've got three potential solutions: prune 5 more characters out of the table width, use "Small" rather than "Normal" text, and (longer-term, though I'm uncertain how much!) see whether the "table" facility can be developed into something adequate for the job. The third definitely isn't possible at present...[/quote]

I've looked at the javascript that generated the [table] function. In fact I was the one who modified the original code to change its garish colour scheme and make the data columns line up with the titles, changes which stooz has now adopted. http://i.imgur.com/DFHf9HL.png I also provided him with the BBcode that enabled the same <pre></pre> functionality as we had of old.

The Table facility adapts well to wide tables. The width of each column is set to fit the longest entry that it has to display, be that Title or Data. If the total width is larger than the space available for a post, then the first step is that the longer items will word-wrap within their own cell and increase the height of that row. Both titles and data can word-wrap, but as Data is less likely to include space characters it's usually the Title that wraps first. Should word-wrap be insufficient to keep the Table width within the post then the horizontal scroll bar appears. This time it does appear in all browsers.

As one who used to earn a living programming, I would say it's a fairly major project to add further functions to [table]. In fact, should you wish to do so it would probably be easier to write new code from scratch. Not a trivial task (I wouldn't want to take it on) and not one the LemonFool has the resources to pay a professional to do.

[Breelander]

Example of Table word-wrap over in action on Testing 123...
viewtopic.php?f=28&t=1372

[Gengulphus]

Investigating what's feasible using the 'table' tags will have to wait for another time.

Well, that time has arrived - here are the results:



Looks reasonable to me at full-screen size on a fairly small lap-top, though not ideal - the double-height header row is a 'feature' which would be excellent if I could actually use it to include two rows of headers, but unfortunately I can't. And some work-arounds have been needed to get it looking as good as it does...

Trying it out on smaller windows doesn't look so good. Unfortunately, while word-wrap does work, the software doesn't appear to be good at spotting when word-wrapping a column on which it would be fairly easy is needed to prevent other columns running into each other.

It would be interesting to know whether other people think it works better or worse than the previously-posted table using the 'pre' facility.

By the way, please don't take that table as a report on the portfolio - it comes from a spreadsheet that has currently been updated for this week's prices but not for the Greene King purchase or the arrival of extra dividends, so it isn't quite right about the state of the portfolio on any date. It's just an example to see how the various ways of posting tables work out, which I wanted to do before deciding how to report the Greene King purchase.

Gengulphus

[staffordian]

That table looks fine on my tablet. A bit "pinched" if viewed portrait, but entirely clear; and once turned landscape, it's perfect.

Staffordian

[SDN123]

Reads fine on an iPhone 5 (I just happened to be browsing) in portrait or landscape. Not perfect but totally comprehensible.

SDN

[PinkDalek]

It would be interesting to know whether other people think it works better or worse than the previously-posted table using the 'pre' facility.

Far better than the previously posted table. However, for instance, the Lloyds F/c inc. and F/c yld figures merged, such that I could see £20.924.97% as one. Solved by zooming down to 75% which was perfectly acceptable. This on a PC.

Further, do you need the dot between Cap. and rank? I think most would understand if those columns stated "YldRank" and "CapRank" and, similarly, if you shortened "Top-up ind'r and Company" to "Top-up ind'r and Co." it might assist or use an ampersand (if permitted) and put indicator in full.