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ING Groep N.V. Message Board

  • int102 int102 Jul 12, 2011 4:20 PM Flag

    They could announce bankruptcy any day now

     

    Operating Cash Flow (ttm): -9.66B! Hello!

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    • Hi int102,

      ever heard about what cashflow is? Who told you it is a single number?

      At a major bank like ING, where tens of billions flow thru daily, do you think you can take similar conclusions from cashflow like at a manufacturing company?

      To check ING cashflow,
      go to ing.com, investor relations, annual report 2010, page 93.
      This is actual cashflow statement.

      regards

      • 1 Reply to jpomper
      • Jpomper,

        for 2010 is see minus 4,7 billion.

        <<At a major bank like ING, where tens of billions flow thru daily, do you think you can take similar conclusions from cashflow like at a manufacturing company?>>

        No I don't think so. They sure need to swing big hammers those banks - the problem is that the nails are too small for their sledgehammers. By the way, I think ING is a healthy bank in a unhealthy financial climate. It all started in 1986, see Big Time Peter Gabriel and the chart of the SP500 since then. GL.

 
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