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The analysts said the company had "reported solid numbers, announced the possibly of a Reits conversion, confirmed the solidity of asset values and raised the dividend by 14%".
If this fuzziness is not enough to spook investors, the other component of the test, the checking of asset values, may well be.
Some analysts and investors have pressed HSBC's management for weeks for a capital increase, saying the bank needs a bigger cushion to safeguard it against a further decline of asset values in Britain and the United States.
Amid the chatter of asset values, Mandler said, "As a fan, I would love to see the winning bidder be a sportsman interested in bringing a championship, not a businessman just interested in making a profit".
But many analysts have cautioned that one-time items and liberal accounting were allowing banks to dress up what would otherwise, considering the continuing deterioration of asset values, have been a bad quarter.
However, the smaller cluster of executives who have taken their lives suggests that the global collapse of asset values has been enough to persuade some people of means and high position that their lives were without hope.
Similar(38)
The value recorded on the former Post Office Department's books of account shall be prima facie evidence of asset value.
The tax, collected since 1931, was as much as two mills, or tenths of a percent, of asset value in 1999.
In some markets the process produces an unbiased estimate of asset value, and in others a biased estimate.
Even for the bond funds, daily creations and redemptions were just 0.34% of asset value.What about the liquidity mismatch?
Given 97% of asset value is UK shopping centres and given an loan-to-value off 44%, we see high sensitivity to a down-cycle should it occur.
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Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com