104

ING Groep NV (ING-N)

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ING Groep NV
ING-N

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Signal	Opinion	Expert
SELL	ING Groep NV(ING-N) November 8, 2018 Dutch based company. Revenues are down like 75%. One of the challenges is that the Dutch can lock their mortgages for 30 years. It hurts in a raising interest rate environment. investment companies/funds 0 0 0 0 0 0 comments	Dutch based company. Revenues are down like 75%. One of the challenges is that the Dutch can lock their mortgages for 30 years. It hurts in a raising interest rate environment. investment companies/funds 0 0 0 0 0 0 comments Darren Sissons Vice Presi, Campbell Lee & Ross... Price $12.860 Owned No

BUY	ING Groep NV(ING-N) November 6, 2018 Lloyds vs. ING among European banks? Loves and owns ING. Their capital ratios look great. The Dutch government fined them in the last quarter. All Euro banks in the past were bailed out by government, but ING has come back in gangbusters. He prefers ING to Lloyds. Lloyds still has the Brexit overhang. All European banks are now cheap (book value, PE). Now is a buying opportunity both stocks. investment companies/funds 0 0 0 0 0 0 comments	Lloyds vs. ING among European banks? Loves and owns ING. Their capital ratios look great. The Dutch government fined them in the last quarter. All Euro banks in the past were bailed out by government, but ING has come back in gangbusters. He prefers ING to Lloyds. Lloyds still has the Brexit overhang. All European banks are now cheap (book value, PE). Now is a buying opportunity both stocks. investment companies/funds 0 0 0 0 0 0 comments Rick Stuchberry Portfolio , Wellington-Altus Pri... Price $12.790 Owned Yes
PAST TOP PICK	ING Groep NV(ING-N) October 17, 2018 (Past Top Pick Aug. 22, 2018, Down 10%) Rising interest rates in Europe will be a massive tailwind for ING. It's a banking play that'll benefit from interest rates. Get a 5% dividend and are netting $1.5-2-billion per quarter. They're doing well, but there's no money flow. You're paid 5% to wait. investment companies/funds 0 0 0 0 0 0 comments	(Past Top Pick Aug. 22, 2018, Down 10%) Rising interest rates in Europe will be a massive tailwind for ING. It's a banking play that'll benefit from interest rates. Get a 5% dividend and are netting $1.5-2-billion per quarter. They're doing well, but there's no money flow. You're paid 5% to wait. investment companies/funds 0 0 0 0 0 0 comments Chris Stuchberr Portfolio , Wellington-Altus Pri... Price $12.500 Owned Yes
PAST TOP PICK	ING Groep NV(ING-N) October 2, 2018 (A Top Pick November 28, 2017. Down 26%). This is a compelling buy. Investors are getting a huge dividend, over 5%, from a company that is financially healthy. investment companies/funds 0 0 0 0 0 0 comments	(A Top Pick November 28, 2017. Down 26%). This is a compelling buy. Investors are getting a huge dividend, over 5%, from a company that is financially healthy. investment companies/funds 0 0 0 0 0 0 comments Lorne Steinberg President , Lorne Steinberg Weal... Price $12.890 Owned Yes
DON'T BUY	ING Groep NV(ING-N) September 14, 2018 The European banks lag the US and Canadian ones. It trades within the $12-14 range. The trend is still down. Could be dead money even if you buy at $12. There's no momentum now. Pays a 6% dividend. investment companies/funds 0 0 0 0 0 0 comments	The European banks lag the US and Canadian ones. It trades within the $12-14 range. The trend is still down. Could be dead money even if you buy at $12. There's no momentum now. Pays a 6% dividend. investment companies/funds 0 0 0 0 0 0 comments Hap (Robert) Sn Chief Port, Castlemoore Inc.... Price $12.860 Owned Unknown
PAST TOP PICK	ING Groep NV(ING-N) September 12, 2018 (A Top Pick August 24/17, Down 25%) Sold it in May. Low interest rates in Eurozone continuing, global synchronized growth not happening. Also political risks. investment companies/funds 0 0 0 0 0 0 comments	(A Top Pick August 24/17, Down 25%) Sold it in May. Low interest rates in Eurozone continuing, global synchronized growth not happening. Also political risks. investment companies/funds 0 0 0 0 0 0 comments Stan Wong Director &, Private Wealth Manag... Price $12.650 Owned No
PAST TOP PICK	ING Groep NV(ING-N) September 5, 2018 (A Top Pick October 23/17 Down 27%) With long term interest rates being so low to keep the yield curve flat, they have struggled to make their targets. When Europe decides to increase interest rates, this will rise smartly. Yield 4.1% investment companies/funds 0 0 0 0 0 0 comments	(A Top Pick October 23/17 Down 27%) With long term interest rates being so low to keep the yield curve flat, they have struggled to make their targets. When Europe decides to increase interest rates, this will rise smartly. Yield 4.1% investment companies/funds 0 0 0 0 0 0 comments Rick Stuchberry Portfolio , Wellington-Altus Pri... Price $13.420 Owned Yes
BUY	ING Groep NV(ING-N) September 4, 2018 Everything is going right for ING. It is growing earnings by 10% and it offers a healthy dividend yield. European financials have been under pressure, but ING is extremely well capitalized and it is benefitting from the European recovery. They are a retail bank with no exposure to investment banking. There are no messes at ING. This is a clean company trading at less than 10x earnings. He sees it as an extremely compelling long-term investment. investment companies/funds 0 0 0 0 0 0 comments	Everything is going right for ING. It is growing earnings by 10% and it offers a healthy dividend yield. European financials have been under pressure, but ING is extremely well capitalized and it is benefitting from the European recovery. They are a retail bank with no exposure to investment banking. There are no messes at ING. This is a clean company trading at less than 10x earnings. He sees it as an extremely compelling long-term investment. investment companies/funds 0 0 0 0 0 0 comments Lorne Steinberg President , Lorne Steinberg Weal... Price $13.400 Owned Yes
TOP PICK	ING Groep NV(ING-N) August 22, 2018 Are lower risk. Are consistently doing about 1-1-5 million Euros of profit per quarter. Going to make money when ECB starts to hike rates. Yield = 5.6% (Analysts’ price target is Euro 15.52) investment companies/funds 0 0 0 0 0 0 comments	Are lower risk. Are consistently doing about 1-1-5 million Euros of profit per quarter. Going to make money when ECB starts to hike rates. Yield = 5.6% (Analysts’ price target is Euro 15.52) investment companies/funds 0 0 0 0 0 0 comments Chris Stuchberr Portfolio , Wellington-Altus Pri... Price $13.920 Owned Yes
WAIT	ING Groep NV(ING-N) August 13, 2018 Wouldn’t touch it yet. Around Brexit lows, around $10, could make a case that there’s some value. You want to see the downward trend end or stabilize, and we’re not there yet. investment companies/funds 0 0 0 0 0 0 comments	Wouldn’t touch it yet. Around Brexit lows, around $10, could make a case that there’s some value. You want to see the downward trend end or stabilize, and we’re not there yet. investment companies/funds 0 0 0 0 0 0 comments Larry Berman CF Chief Inve, ETF Capital Manageme... Price $13.390 Owned Unknown
DON'T BUY	ING Groep NV(ING-N) August 13, 2018 It's fallen since the winter. Hang your hat around $13-15. That said, you can find a better financial name elsewhere. If this falls anouther dollar, it'll like fall to $9. investment companies/funds 0 0 0 0 0 0 comments	It's fallen since the winter. Hang your hat around $13-15. That said, you can find a better financial name elsewhere. If this falls anouther dollar, it'll like fall to $9. investment companies/funds 0 0 0 0 0 0 comments Hap (Robert) Sn Chief Port, Castlemoore Inc.... Price $13.390 Owned Unknown
DON'T BUY	ING Groep NV(ING-N) August 7, 2018 Fee income OK, risk cost high, Core 1 ratio is healthy. Problem is in areas they do business, like the Netherlands. Belgium acquisition hurting them, since they overpaid. Dividend hasn’t moved, cutting costs until they can return to profitability. Trying desperately to play catch up. YTD, stock’s down 18%. investment companies/funds 0 0 0 0 0 0 comments	Fee income OK, risk cost high, Core 1 ratio is healthy. Problem is in areas they do business, like the Netherlands. Belgium acquisition hurting them, since they overpaid. Dividend hasn’t moved, cutting costs until they can return to profitability. Trying desperately to play catch up. YTD, stock’s down 18%. investment companies/funds 0 0 0 0 0 0 comments David Driscoll President , Liberty Internationa... Price $14.820 Owned No
TOP PICK	ING Groep NV(ING-N) August 1, 2018 They have re-emerged as one of the best capitalized banks in Europe trading at 9 times earnings. The stock price was down on European economic concerns, nothing to do with the bank itself. Yield 6.8%. (Analysts’ price target is $20.05) investment companies/funds 0 0 0 0 0 0 comments	They have re-emerged as one of the best capitalized banks in Europe trading at 9 times earnings. The stock price was down on European economic concerns, nothing to do with the bank itself. Yield 6.8%. (Analysts’ price target is $20.05) investment companies/funds 0 0 0 0 0 0 comments Lorne Steinberg President , Lorne Steinberg Weal... Price $15.150 Owned Yes
TOP PICK	ING Groep NV(ING-N) July 18, 2018 A past pick. What's holding this back is also holding back all European banks--negative or no interest rates. But when rates normalize, like they did in America in 2016, they will take off. Euro banks are a step behind American ones. 7.1% dividend. (Analysts' price target: $20.20) investment companies/funds 0 0 0 0 0 0 comments	A past pick. What's holding this back is also holding back all European banks--negative or no interest rates. But when rates normalize, like they did in America in 2016, they will take off. Euro banks are a step behind American ones. 7.1% dividend. (Analysts' price target: $20.20) investment companies/funds 0 0 0 0 0 0 comments Rick Stuchberry Portfolio , Wellington-Altus Pri... Price $14.450 Owned Yes
HOLD	ING Groep NV(ING-N) July 13, 2018 The percentage of the Financial Services sector to GDP is the largest in Europe – approaching 400% of GDP for its capitalization, compared to 150% for the US. He thinks this creates an overhang for the European banks. He would continue to hold for now as there is some short-term basing on the chart, but sees better value elsewhere, like US banks. investment companies/funds 0 0 0 0 0 0 comments	The percentage of the Financial Services sector to GDP is the largest in Europe – approaching 400% of GDP for its capitalization, compared to 150% for the US. He thinks this creates an overhang for the European banks. He would continue to hold for now as there is some short-term basing on the chart, but sees better value elsewhere, like US banks. investment companies/funds 0 0 0 0 0 0 comments Hap (Robert) Sn Chief Port, Castlemoore Inc.... Price $14.580 Owned No

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