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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 grobinso_1on Aug 08, 2015 1:23pm
135 Views
Post# 24000375

RE:Mcwhirter's exact words were....

RE:Mcwhirter's exact words were....
v.ops sure doesn't look interesting financially.  Not much revs with a 50mm market cap.  The wellhead sensing technology might be interesting but I'm also mindful that O&G isn't going to be a growth market as opposed to something like how the semiconductor application has really transformed this company.  O&G is slow to uptake new technologies..  PHO has been trying for 10+ years to make an impact with middling success to show.  We should allign to fast evolving / moving industries who are likely to incorporate our technology into their products / processes. 

Any other suggestions?  Any interesting work on university we should licence or sidelined corporate projects we should snap up?  I think PHO is strong in imagining a technology or process and creating products around it that customers will buy. 

Cheers!
Grobinso
Bullboard Posts