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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 WINDGOD46on Apr 03, 2021 10:34am
212 Views
Post# 32933620

RE:RE:RE:RE:RE:Persuade me?

RE:RE:RE:RE:RE:Persuade me?The only way out. This company ,ever since 2017 when its previous CEO bailed out at the top, at $12, Leaving every body else holding the bag, including several institutional investors, never recovered.The Market turned against it and would not give a dime about it. The replacement of the CEO came too late and despite the good reputation of Mr Ramani and the high hopes of turning this thing around, the damage was too severe to reverse. Couple this with the Covid, and you have a perfect storm.On several occasions I urged the Board to take this outfit private, since the market would not give a hoof about it. Maybe the Board could not take it private due to its debt, or the many risks facing in a hostile government and a hostile market. So the Well offer that came ex machina deus  was the solution and the way out of the impasse. And though I got out before the sale, I do have second thoughts of getting back in at this price Well is trading. I may though in the future. GLTA
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