Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.

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

Comment by blackwood2002on Apr 30, 2021 3:14pm
200 Views
Post# 33102916

RE:RE:RE:What about the cash?

RE:RE:RE:What about the cash?Perhaps you should read about the R&D spent and continually getting spent of pho tech inclusion to sensors into non semi fields such as medical equipment. They are actively developing products for alternative markets. Aqusitions for accretive technologies in similar market vertices which are not hyped and overpriced in this current market may be a more prudent strategy to diversify the companies revenue streams ..leveraging current technology to enter new markets and invest in more human capital. Their production capacity is running at less that 50% so they have the money, resources, equipment to greatly increase production of new products with the existing facilities. They have a strong integration into semi and new products are already in the pipe to service existing oem equipment manufacturers. Needs based on long standing supply relationships and customer needs .o would like to see MGT get a usa listing , set up a parent Corp in the USA and manage foreign exchange monies by maintaining a usd float for future aqusitions, R&D etc. Biden's tax changes coming if they become law may provide a significant advantage for CDN companies to acquire US companies . The mountain of $$ needs deployment of some kind.. their ROE has been great but it's time to become more aggressive and avoid getting bough out on the cheap. I've been here for 20 yrs and hope to see another 20 .
<< Previous
Bullboard Posts
Next >>