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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
Post by Ducksoup000001on Apr 28, 2016 6:34pm
88 Views
Post# 24822872

Selloff? Currency effect? A reason for a one down day?

Selloff? Currency effect? A reason for a one down day?Last year it was the real selloff for this stock - down to around $2.90. But at the same time the US$ is on the way up. So then the theory was that a low Canadian Dollar triggered the dumping of Candian stock including CrH. So why a higher CDN$ now just do the same as some suggests in here? It is nonsense to stretch the effect of FX out of proportion. I see the QR delivering no surprise to the upside and operating expenses is on the rise provide some excuses to trim their holding a bit and planning to buy back later at a lower price. Don't forget May is around the corner and it always a good idea to save some cash fot the next six months of slow activities in the market. As for CRH today and even if it goes down a bit more there is no cause of alarm as it goes pass its weakest quarter of the year and business sure turns to the better, even if no acquisition in the intermediate term. I will plan to add more when the price settles, and it will not take long. Now is an opportunity for people sharing my view. 
Bullboard Posts