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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 Mar 19, 2021 7:14pm
260 Views
Post# 32843609

RE:could we see a better offer?

RE:could we see a better offer?Who benefits from this transaction? Certainly not the CRH shareholders. Well, so far has shown only revenues and not profit. What is interesting is that Well focuses on management savings through digitalization, something that CRH, did not consider a problem, or a serious one in any case that would impact its profit margin. Yet, the Well brain trusts think this is a problem for CRH that, if solved, could boost its profit margins. This is a fallacy, as Collin Steward, said on BNN the other day. And if the CRH investors exchange their shares , say for $10 and the Well stock dives, which is expected, the losers would be the CRH investors. Eventually they may make up the losses but initially it will be a losing proposition. And as Steward pointed out, Well is worth 35 time EBIDA, not quite a profitable company. So with CRH coming out of the Coronavirus lockdown and producing FCF again, Well will benefit more than the CRH shareholders. Since Well is expected to go further down after the closing, it could be wise for the CRH share holders once they exchange their share for $5, to stay out and not buy into Well until the stock corrects substantially. Just a thought for the rookies.
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