Results 1 to 3 of 3
    • Member Info
      • Native Language:
      • Chinese
      • Home Country:
      • China
      • Current Location:
      • China

    • Join Date: Oct 2009
    • Posts: 179
    #1

    slice and dice

    Dear all,

    How should I understand the underlined?

    Thanks in advance.

    Eartha

    Some investors and analysts have also begun arguing the case for breaking up big banks. “You
    can slice and dice [the numbers] in many ways, but all conclusions mean these companies are
    worth more dead than alive,” says Mike Mayo, an analyst at CLSA, a broker. “It doesn’t
    necessarily mean you should kill them off but you should liquidate some bits.” Barclays and
    Deutsche Bank, for instance, are valued by the market at 30-40% of their book values.
    JPMorgan Chase trades at a narrower-but-still big discount of about 25%.

  1. charliedeut's Avatar
    • Member Info
      • Native Language:
      • Spanish
      • Home Country:
      • Spain
      • Current Location:
      • Spain

    • Join Date: Oct 2009
    • Posts: 5,560
    #2

    Re: slice and dice

    Please be aware that I'm neither a native English speaker nor a teacher.

  2. BobK's Avatar
    • Member Info
      • Native Language:
      • English
      • Home Country:
      • UK
      • Current Location:
      • UK

    • Join Date: Jul 2006
    • Posts: 16,038
    #3

    Re: slice and dice

    (Knowing the expression doesn't help with this unusual use of 'dice' (which many students will not have met as a verb): dice - Definition and pronunciation | Oxford Advanced Learners Dictionary at OxfordLearnersDictionaries.com

    The second expression is referring to a company that is worth more in its assets -it can be asset-stripped - than as what is called a 'going concern' (because its business is moribund). So it's worth more dead (asset-stripped) than alive (limping along as an inefficient business).

    b

Similar Threads

  1. [Vocabulary] slice
    By maiabulela in forum Ask a Teacher
    Replies: 1
    Last Post: 24-Jan-2011, 11:59
  2. get through;slice
    By jiang in forum Ask a Teacher
    Replies: 3
    Last Post: 11-Oct-2010, 11:21
  3. take off and take up; slice
    By jiang in forum Ask a Teacher
    Replies: 1
    Last Post: 01-Oct-2008, 16:57
  4. Take a slice out of me
    By Cristina de Felipe in forum English Idioms and Sayings
    Replies: 2
    Last Post: 29-Sep-2008, 04:33
  5. 'dice is' or 'dice are'?
    By Clark in forum Ask a Teacher
    Replies: 3
    Last Post: 01-May-2008, 05:15

Bookmarks

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •