anyone??, page-11

re: give it a break! ING is one of IHG's biggest customers for PIN Pads & Terminals. They obviously have one of the better releationships with IHG and are reasonably happy with the products as is ABN. They have a pretty big vested interest in ensuring IHG survives, not to mention that they have dollars tied up in the company so will be expecting a turnaround as well. So all in all, even with the money they are pooring into IHG, they are probably doing OK with the PIN Pad deals.

They are definately NOT in this because they think IHG is a great investment on it's own. Then there is the Tax loss angle. Belgian's add new meaning to the term "tax minimisation". I believe it is a national passtime. Don't understand how it all works. I still can't work out how investors get money out of IHG if IHG doesn't pay dividends and they aren't trading the shite out of the stock.

IHG does have great potential in their products and potential markets. That potential and the hope that it can be realised is the only saving grace here. But they have had three bite of the cherry now in various forms over 15 years and are again emerging from the ashes like the Phoenix.