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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 jabez3on Dec 02, 2020 11:00am
157 Views
Post# 32017718

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Up 8%

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Up 8%

Hi Quincy,

I'd be the last to try to guess how long, I've been in this over 10 years and didn't think I'd be in this long........I have never sold a share. My opinion (which is just that, an opinion) is that if they can get to $1, the share price should be in the $7-10 range depending on how high of a multiple they can get. To get to a share price of $10-15, they would have to be solidly over a dollar per share free cash flow.

If they can get some traction on more acquisitions maybe we will see some growth. The wildcard (again in my opinion) is the hemorrhoid banding. There appears to be the potential for growth there and they hired someone in the last year to concentrate on that.  I think that's a good move.  That is a profitable part of the business and could surprise us with it's contribution to cash flow.

But what the hell do I know?  I've been sitting on this a long time and didn't sell any when it ran to $9 a few years ago, and the company is far more solid now than it was then. I'd be happy to see some substantial movement within 5 years.

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