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Invesco Global Listed Private Equity ETF V.PSP


Primary Symbol: PSP

The investment seeks to track the investment results (before fees and expenses) of the Red Rocks Global Listed Private Equity Index. The fund generally will invest at least 90% of its total assets in securities (including American depositary receipts (ADRs) and global depositary receipts (GDRs)) that comprise the underlying index. The underlying index is composed of securities, ADRs and GDRs of 40 to 75 private equity companies, including business development companies (BDCs), master limited partnerships (MLPs) and other vehicles.


ARCA:PSP - Post by User

Comment by shawshankon Jul 23, 2015 1:39pm
59 Views
Post# 23953348

RE:RE:RE:RE:is it going down or up

RE:RE:RE:RE:is it going down or up



Company article written May 2015 had share price already in the mid teen range and valuations then were on trailing earnings as all PE ratio's are-on expectant earnings stock remains significantly discounted-some similar sized companies in the US and some defunct Canadian companies that didn't survive the deep 6 route where selling at valuation in the $20 range-I can link that company later tonite if I get time.

The article linked earlier goes on to state PSP is the supplier of first choice with a loyal repeat clientelle-if any party is responsible for not equipping their military personnel with required and pre-requisite protective body armor its not from PSP product line it would be length of time thru purchase order process-you have RCMP without adequate assault rifles in their vehicles out in the line of service unable to return like fire-theh list goes on.

Contract leads were long in the que back in May 2015 so on the order front I would imagine things are in the near closing contractual stage -concurrent to that the company had./has a record order back log for body armor product stated as of April 2015 and executing on that
will be a prime focus to all the obvious positive implications.

SS


goldbullet wrote: Thanks for the great idea ! 
I don't dispute anything you have said, but considering the share price was 4 cents a little more than a year ago, a bunch of the positive is already baked into todays price. Canadian Milatary contract more than a couple years overdue on the 5 yr life-cycle assumption. Are we to assume we are putting our soldiers at risk, or maybe exploring alternatives ?


 

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