Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

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

Post by VPofFNEon Feb 26, 2010 2:24am
557 Views
Post# 16822360

Financials released

Financials released

Well, at least PSP is justifying it's pathetic
.11 stock price. 
Highlights:

1) Revenue down $2.155mm

2) Gross margin down $746k (34.6% of revenue loss vs 22.4% acheived...they're losing higher margin business)

3) SG&A down $550k

4) Operating loss of $237k vs $106k (removing the future income tax recovery BS)

Tangible book value is $1.83mm or 7.2 cents per share.  At this rate they have less than two years before they're at zero. Simply amazing

VeeP

Bullboard Posts