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

Invesco Water Resources ETF > Will PHO deliver on Aug 6th?

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Comment by lscfaon Jul 25, 2020 3:05pm

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Post# 31319209

RE:RE:RE:RE:RE:Will PHO deliver on Aug 6th?

And $41 million in cash back then and now. Do something with it, already.

Stocker46 wrote: A little perspective:
Photon's best ever two Quarters were the 1st & 2nd Quarters of 2018 just prior to the down turn in Semi-Conductor demand..

1st Q 2018 : Revenue $13.9 M, Net Earnings $2.9M, Order Backlog $24.7M (ALL RECORDS)
2nd Q 2018 : Revenue $14.6M, Net Earnings $3.9M, Order Backlog 19.5M

In June 2018 PHO's SP hit $2.60 (not sure but I think that was their all-time high as PHO)

Photon had a $20M backlog at the end of 2019 and 1st Q 2020 Net earnings of $6.6M vs the $6.8M for the combined 1st & 2nd Quarters of 2018 (both "record" quarters) Our current SP is $1.80 vs the $2.60 in June 2018.