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CRH PLC T.CRH


Primary Symbol: CRH

CRH PLC is a provider of building materials solutions. The Company integrates building materials, products, and services by providing them to customers as complete solutions. Its segments include Americas Materials Solutions, Americas Building Solutions, Europe Materials Solutions and Europe Building Solutions. The Americas Materials Solutions segment provides solutions for the construction and maintenance of public infrastructure and commercial and residential buildings in North America. The Americas Building Solutions segment manufactures, supplies, and delivers solutions for the built environment in communities across North America. The Europe Materials Solutions segment provides solutions for the construction of public infrastructure and commercial and residential buildings to customers in construction markets in Europe. The Europe Building Solutions segment combines materials, products, and services to produce a range of architectural and infrastructural solutions.


NYSE:CRH - Post by User

Comment by JohnnyUtah16on Sep 22, 2017 11:00am
86 Views
Post# 26730597

RE:RE:Crh will end up in the green today

RE:RE:Crh will end up in the green todayI wont sugar coat it, this was not the update I expected to hear. However I am glad they have given us a heads up and also that they cushioned the bad news with an acquisition to lessen the blow. If we just heard of this on Q3 release the impact could have been worse since people tend to panic and sell on emotion. They are being transparent, which is a good sign on the mgmt side of things. Digitel has some valid points. Revenues are looking to be on par with this time last year, which is not good. But we should see an influx of cases from the patients that cancelled due to Irma. Increasing FCF is the best thing we have going for us. They need to use that FCF to continue to make accretive acquisitions and start improving that bottom line. It makes more sense now why Wright hasn't been buying shares. I wouldn't either if I was on the front lines and new that less cases were coming in. I hope we see him step up and buy at these lows since hopefully the impact to cases is behind us.
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