RE:RE:RE:RE:RE:4th quarter and year endOk, that’s just not true.
I bought in 2014 just under $1.50 per share. It’s been a roller coaster but is still a 2.5-3x return in a growing company.
They had plenty of headwind with CMS cuts but those are behind them (and not likely to be an issue in the near term).
The market will be pleased with these results and I would not be surprised to see a 50% return from here in 12 months.
bfw
JohnnyUtah16 wrote: The unfortunate reality is it may pop a little tomorrow but then it will drift downwards like it always does. Less than a month ago it was around $4.50 now its around $4. So even if it popped 10% tomorrow its still below last months share price. Acquisitions barely move the needle on CRH anymore and earnings results only temporarily slow the decline. The share price is still in the same range it was in May 2015. You could have held CRH for nearly 5 years and have ot made a dime. Same story, the company will never be the cash flowing machine it was pre reimbursement rate cut. There are just way better places to put my money. Not bashing, held for years so still following the story.