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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

Bullboard Posts
Comment by Stylesson Mar 09, 2015 4:10pm
126 Views
Post# 23503563

RE:RE:RE:RE:RE:RE:RE:RE:Bought Deal at $3.40

RE:RE:RE:RE:RE:RE:RE:RE:Bought Deal at $3.40<p> your comparison is completley flawed. They didn&#39;t want to bring &quot;Warren Buffet&quot; in because he&#39;s Warren Buffet. That deal was done at the brink of the financial crisis. No one was lending money, even to Goldman. They did the deal out of necessity and it was expensive. If they could have got commerical terms from a bank, they would rather pay half the coupon i&#39;m sure. Goldman didn&#39;t need Buffet&#39;s stamp of approval.<br /> <br /> These guys needed Goodman i&#39;m sure to get &nbsp;market awareness up. I agree with that. But that was then and this is now. I&#39;m not suggesting they had better options then. I&#39;m saying they should have better options now.&nbsp;<br /> &nbsp;</p> <p> The use of proceeds are clearly stated to partially reduce indebtedness. I&#39;m not sure what we&#39;re wasting time arguing about here. Obviously company agrees that debt paper was expensive and raised equity to pay it down.</p>
Bullboard Posts