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Invesco Water Resources ETF T.PHO


Primary Symbol: PHO

The investment seeks to track the investment results (before fees and expenses) of the NASDAQ OMX US Water IndexSM (the underlying index). The fund generally will invest at least 90% of its total assets in the securities that comprise the underlying index. The underlying index seeks to track the performance of companies that create products designed to conserve and purify water for homes, businesses and industries. The underlying index may include common stocks, ordinary shares, American depositary receipts (ADRs), shares of beneficial interest and tracking stocks. The fund is non-diversified.


NDAQ:PHO - Post by User

Bullboard Posts
Post by blackwood2002on May 15, 2014 1:22pm
201 Views
Post# 22565898

Sales orders and guidance.

Sales orders and guidance. Sir is grasping at immaterial lack of information. Forward guidance of a decrease in sales backlog which was 2.2 mda but 2.9 at NR vs. 3.1 q4 2013.. Not of any material importance. Espically given the 1qrt is one of the weaker for sales volume historically. Even if they only maintain a pace of 5-6mm in sales per qtr for the year that's still .07-.08 earnings for the year. At the current sp it's still trading at a discount to sales, pe, pb, etc.. It's still on sale and eventually the market will begin to pay attention and bid this up. There was a analyst that made mention of PHO after f2013 briefly.. No analysis but just comments on the positive direction.. A few more of these will bring much more attention to the stock. But for the timebeing it's trade on earnings and quiet in between. By all means sell your shares .. I'm happy to take them from you :) 
Bullboard Posts