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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

Post by vinebillson Mar 22, 2019 5:07pm
287 Views
Post# 29525348

CC my take

CC my takeNeil sounded very aggressive.........loved his communication style - crystal clear- here is what we know and here is what we dont know....but here is our take, rest you guys go figure lol

AGM in Toronto - perfect move. Bay street will attend, which in turn will generate interest in the firm, volumes pick up .......

Office in silicon valley was requested by their clients - again a great move.

Aggressive buy back - increasing NCIB to 69k per day.......

M&A is on the cards is what i understood

NPI funnel is in great shape

CEO is finalized ( almost) we can expect an announcement in april or may ( they almost said this)

Q1 Q2 is soft Q3, Q4 is anybody's guess Q120 they expect it to turn for sure

super bullish on Japan distributor ( not so much on the chinese) - even went to the extent of saying we hired a Japanese guy  in vancouver  ha ha ha

when the tide turns up - it will be super swift - means blink of an eye the stock will take off.....

Great long term story , short term is anybody's guess.

GLTA

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