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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

Comment by WINDGOD46on Nov 02, 2018 3:38pm
129 Views
Post# 28916590

RE:Any explaination would be appreciated

RE:Any explaination would be appreciatedHere is one explanation. This company has a credibility issue caused by its management and CEO who unloaded hundred of thousands of shares in the Spring of 2017 before the stock went from $12.50 to 1.80 . This insiders sale, caused many funds to flea the stock and never came back no matter the progress this company made. Along with this, the reduction of the rates charged for each procedure by the Government reduced the profitability of the co. So it's my opinion that unless the insiders start buying the CRH stock again, it will take many quarters of big profit margins before the company restores its credibility as an investable co and no accounting tricks and treats will be of any help. So hung in there if you have a long term horizon. The company profitability is improving and the number of cases treated is in the upward trajectory. And some day it will be well established and good investment. In the meantime, the penny chasers, shorts et al will be having a lot of fun with us and this co. GL
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