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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

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Post by WINDGOD46on Dec 18, 2019 5:10pm
146 Views
Post# 30470208

Sp determinants

Sp determinantsShare prices of a company are mainly determined by funtamentals. But they are also influenced by the technical charts and the future earnings prospect hence the expression of "forward earnings" p/e ratios. In our case the stock has been treading water for over 2 years and this is a serious correction after the debacle of 2017 and its mark of$12. That is how long usually takes for a company to get its act together and turn around its fortunes. And CRH is at the threshold of breaking out of its dolldrums to the upside. The Wall Sreet Journal has a profit margin for the 4th Q of 4 cents in comparison with smaller numbers from previous quarters. Also the expectation by the Management of almost 60% rise of cases in 2020 and the possibility of doubling the SP in 2020, maybe fuelling the stock momentum. Add to it the short covering, 4 months ago there were 1.6 million shares in short and you'll begin to make sense of today's price break out; and the breakout seems to be for real given the icrease in volume. In any case after the break out i topped up my posion and maybe you should too. GL
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