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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 JohnnyUtah16on Nov 08, 2017 2:07pm
199 Views
Post# 26927202

Back Down We Go

Back Down We GoAs I said yesterday, small pop then continue downwards. This stock has become extremely predictable in the last few months. Maybe we see a little movement on the 20th when the buy backs begin. I don't think they mentioned the size of blocks they'll be buying but if they are considerable each day we should see some insider buying chasers interested in the stock. Not sure it will help enough to stop this continuing downwards, we'll see. 5i research also removed CRH from its growth portfolio claiming "we were wrong about this stock". This contributed to the volume on Nov 6th since I know a lot of members followed their suggestion and sold their positions. Sorry the recent posts have been gloom and doom but it is the reality of the situation CRH has put us in. If and when things turn around I'll highlight positive news and actions by the company. But we are so far in the dog house right now, not much can be done to change opinions on the company as we are seeing by the tiny move up yesterday regarding the buy backs. We can talk fundamentals and value all we want but a stocks true value is what people are willing to pay for it and people don't want to touch CRH. GLTA, still long CRH but in a position I never thought I'd be in on this one.
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