Incorrect Calculation

Cadence has positive NCAV but is showing a 0% NCAV net net

https://www.grahamvalue.com/search/node/kdnc.l

Last week ncav % was c45%, no new data so why has it changed ?

Thanks

Stocks Discussed: 
Cadence Minerals PLC (KDNC.L)

Submitted by drew1.family. Created on Monday 6th February 2023. Updated on Monday 6th February 2023.

Submitted by GrahamValue on Monday 6th February 2023

Dear drew1.family,

Thank you for your forum post!

All analyses by GrahamValue are automated, and are done as per the rules given in the Quick Reference.

There appears to have been a discrepancy in the Previous Close value for Cadence Minerals PLC (KDNC.L) in the last data update, which is causing the NCAV or Net-Net(%) to become Zero. If you see the Graham Result tab, you can see that the NCAV Price (Net-Net) continues to be marked £0.11.

Hopefully, the Previous Close value should get corrected within 2-3 days; with the next data update. Please note that U.K. stocks are slightly unusual due to the GBP/GBp conversion involved, as discussed in the below video.

Thank you again for your forum post!

Value Investing In The U.K.

Submitted by GrahamValue on Wednesday 8th February 2023

Dear drew1.family,

Do also note that whenever there is any kind of discrepancy in the data for a stock, the stock's Previous Close is marked Zero to prevent it from being accidentally cleared on the screeners.

Lastly, Cadence Minerals PLC (KDNC.L) does not have a positive EPS (TTM). This is an essential requirement for NCAV stocks, as also discussed in the video below.

Thank you again for your forum post!

Applying The NCAV Strategy Correctly