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Moon Kil Woong » Comments » ATU

  • Goodwill Hunting: Beware Potential Asset Impairment Charges [View article]
    Good work. Thanks for the data.

    I think many companies should realize real estate asset impairment, but non-core property companies just aren't doing it. It is funny that they are so quick to realize property gains when they need to beat earnings and the real estate market is up but never to the opposite. Accounting allows a lot of wiggle room in reporting real earnings.

    Buyer beware. Passive property acquisition and investment was a big part of many non-property businesses. And I'm not just talking E-Trade.
    Feb 11 20:43 pm |Rating: +1 -2 |Link to Comment
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