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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
Comment by investor2015on Aug 21, 2014 8:15pm
198 Views
Post# 22867345

RE:RE:RE:Q2 results released

RE:RE:RE:Q2 results released
investor2015 wrote:
blackwood2002 wrote: I'd agree with you G. A significant increase in sales, revenue and backlog over the same qtr last year. I wouldn't consider measuring success by the change since the previous art given the season nature if the sales cycle. Y/y qtrly comparison is more telling of the company's growth rate.. I'll take 29% any day!! I gather we will see an initial sell off like last qtr and then a run to now highs as the level headed and opportunistic buyers come in a collect up shares.. Brokers are starting to pay attention. This release certainty look good to me. 

Great company but i tend to think it's fairly valued at today's price. Noticed revenues and Ebitda considerably lower compared to 2014 Q1. I'll be a buyer in the mid forty cents range if it gets there. To be honest I was expecting better results, although they are still pretty good. Just very high expectations I guess.


I wrote that when the stock was at $0.57 cents. At that time, the stock was ahead of itself. A few more good quarters and I think the stock will be much higher than $0.57.
Bullboard Posts