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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

Post by mingzhuon Jul 16, 2017 9:51pm
176 Views
Post# 26474907

why TD kept silent t after New reimbursement schedule

why TD kept silent t after New reimbursement schedule was reported ? It published rather optimistic view on CRH on July 7, even though it reduced target from $12 to 10.50. i would like to see what it would say now. it has 2 cents earning last qtr,  x 4 = 8 cents a year, giving 10multiple =share price 0.80, 20x = $1.60. i said a couple of months ago, you cannot have $9 stock price with only 0.02 earning. It is simply overvalued. When debt/acqusition momentum falters like Valean and Concordia, it could fall 95%. What price is the 95% fall of CRH? 0.60.  we are going to see imparement charges, guidance reduced, traget downgraded, one after another, pushing SP to many new lows. i put 60% odds for this scenario. i will play along for dead cat bounces. Good luck for longs. 
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