RE:RE:Looking for some clarityfoldinggreen, I refer you and everyone else here to my post from this week (link below) that describes the company's accounting approach. It is standard GAAP convention, and the company is transparent and accurate in its reporting, and is reflective of their majority ownership model. It is important for everyone to understand that the company's accounting is standard convention, and not misleading in anyway. Chris MacDonald of Motley Fool displays complete misunderstanding of accounting and cash flow. He is entitled to his opinion, but he is factually inaccurate and should be embarrased.
https://www.stockhouse.com/companies/bullboard?symbol=t.crh&postid=26217537
foldinggreen wrote: Could someone explain this comment made in another article, especially related to earnings distribution lowered from shareholders. Thank you.
This was written by Chris MacDonald who is one of many authors at Motley Fool. He posted yet another "ugly" about CRH on May 2nd. First, I disagree with him. The stock slid a month after execs sold, not a few days. Next, he picked the wrong quarters to conclude on. The wrong quarters include those with purchases, the exception being the third quarter of 2015 when stock was used. Lastly and to answer your question, a clear picture of performance emerges by looking at "Shareholders of the Company" "Net and comprehensive income" because those numbers (choppy as they are) are rising rapidly. "Distribution lowered from shareholders" or as he said "deteriorating shareholder returns" appear to be based on quarters when ASC's are bought. In the overall picture that is NOT true. I think this year will be terrific and I am purchasing more shares.
BTW, one his picks is CBL. Not good.this year...