RE:The Power of FCFrailbird wrote: From Doug Cooper at Beacon
"Put another way, the company ended Q1/FY17 with $39 million of net debt. If it did nothing, it would be debt free within a year. The bottom line is that CRH’s strong FCF implies that the company is under-levered at this point."
exactly. i've been thinking about that a lot lately. so, there have been no acquisitions announced lately - in any event the company is continuing to generate substantial FCF which can be used to pay down debt or sit as dry powder on the balance sheet (both of which increase the Shareholder's Equity box aka the share price!).
nothing has materially changed - i think it's only a matter of time that CRH recovers and we move onwards and upwards. Q2 results and potential acquisition announcements are both great near term catalysts. i bought some more on the dips this week and last week.