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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 Feb 14, 2017 6:39pm
313 Views
Post# 25845872

New Facilities

New FacilitiesIn that job posting it mentions the individual will move from the burnaby location to the new facility in richmond in April. So I gather the new production facility should be up and running around April or soon afterwards. I'd expect a rampup in sales to hit the late 2nd qtr or 3rd qtr assuming they have demand for more volume of units , existing products and new products. I gather they have the demand already as they would not gone ahead with the spend to build out new facilities in the first place! i wonder when we will get a NR updating the status of this move and it's positive effect on future company product sales. Another month until FYE numbers are released and 1st qrt sales backlog.. Nice to see a series of NR's leading up to the numbers.. law suit update... etc. 
Bullboard Posts