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Undervalued Stocks based on Graham's Number (Net Current Asset Value)

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Undervalued Stocks based on Graham's Number (Net Current Asset Value)

Posted by Cyrus Tavakoli at May 02. 2007
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Re: Undervalued Stocks based on Graham's Number (Net Current Asset Value)

Posted by The Graham Investor at May 02. 2007
Correct, currently there are no stocks (that our s/w found) that are trading at or below 66% NCAV. This is quite common, in fact it is the norm unless there has been a protracted market decline. As you'll have noticed, the market of late has been making new highs.
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Re: Undervalued Stocks based on Graham's Number (Net Current Asset Value)

Posted by Cyrus Tavakoli at May 02. 2007
Many thanks keownb. If I was looking to populate a piece of a portfolio with the current portfolio on this site - I'd first notice that it has already performed extraordinary since inception (up around 47%). Should I be thinking, "well maybe these have grown to a level outside of what Graham would buy into at these prices" - i.e. would I be best as an individual investor to start fresh, with a fresh portfolio that met Graham's criteria (or at least come close to meeting)?

Also (not sure who the administrator of the site is who put together that portfolio), did those stock meet Graham's 66%NCAV policy when they were firsy added to the Portfolio?

Many thanks again..
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Re: Undervalued Stocks based on Graham's Number (Net Current Asset Value)

Posted by ellis strong at May 02. 2007
If you can find good stocks trading below net asset value buy them.

Marty Whitman ,at 3rd Ave Value fund buys them.

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Re: Undervalued Stocks based on Graham's Number (Net Current Asset Value)

Posted by Gaurav Goel at May 02. 2007
What data do you use to calculate NCAV (current assets and total liablities)? Do you use data from Yahoo or MSN?
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