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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 30, 2017 10:09am
210 Views
Post# 26299891

Clear sailing

Clear sailingWell it looks like we are over the hump and sky's the limit! Finally ! I've been here well over a decade as most of the old school posters know. Congrats to all of you for sticking this out. New managment changes will now be complete with another CFO soon. With record revenues , record backlog, new production facilities, reduced expenses due to royalties and excess staffing previously managed by R&D etc. , new products and more to come, higher margin .. need I go on ? If this qtr is a reflection of future revenues they could finish the year up 60-70% over last years ebitda! That will translate into .12 - .16 esp! Which, at current sp levels means a great upside. On a separate note it seems this board has found a few village idio ((*"$. I suppose that's a function of growth and new eyeballs on the company . Precisely why I do not post or look at this anymore . Sad but it is what it is. The big wlquestion is what mgt has discussed to do with the cash pile? Last CC they stated they were beginning to explore options. An acquisition of accretive technologies would vault this sp well over $2 ! Future looks bright ..
Bullboard Posts