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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 Feb 08, 2021 11:58am
180 Views
Post# 32501266

The end of CRH

The end of CRHHey All, I'm really surprised to see many of the same names on this bullboard for CRH that were here back when I held the company. I held for about 3 years through some highs and lows and sold in 2018 for $4.56. I made a little bit of money but not nearly enough for the 3 years I held it, and also held it from the highs of around $11. I held thinking it would rebound, took until 2018 to realize the company was flawed and that was never going to happen. Lesson learnned on my part about holding businesses with depreciating fundamentals. I would check back in over the years since selling and still see the same people pumping the stock, WHY? The share price would drop 15%, the pumpers would say its a great buying opportunity. Later it would drop another 10%, "great time to average down". No , no it really wasn't. CRH has sucked for some time guys/girls. Since Aug 2018 CRH has dropped from $5.43 to $2.74 last week, why were you still holding? This excludes anyone that bought more recently near the lows and has done well today.When I sold in 2018 it became blatantlly obvious that CRH was not a good company to own. Year after year share price decreciation was even more proof of that. "But the new CEO was going to fix things and turn it around". Nope, no he wasn't. Not only were you losing money in this crappy company but the opportunity loss from not redeploying that money in the last few hears of high returns is even more. You could have sold at a loss and made a ton of money in so many different areas. Anyway there is no ill will in this post, its more just to say to those who are stil holding from the years I once held, you should really assess how you evaluate your holdings and decide what to hold or sell. No one can deny CRH should have been sold years ago, it has not been a good company for a long time. Don't believe me, look at the share price over the last 5 years. Thos still saying now, "Its too bad CRH was bought and we won't get to see $12". YOu were never going to see $12, trust me. Be happy that WELL ended this for you. Use this as a learning experience (like I did in 2018) and try not to buy companies like this again. In a weird ironic twist of fate I now own CRH again because I have a large position in WELL. Weird how the world works. Good luck in your future investments!
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