Crh Share Discussion Threads

[keelingr] 24/8/2010 09:30

sub-12 today - double-dip stateside looming closeby...

[djderry] 20/7/2010 16:42

Em,I think it's called a ......recession!

[lbo] 12/7/2010 22:25

JUST what is going on at CRH? Eighteen months after Myles Lee took over as chief executive and 16 months after it raised €1.24bn from its shareholders in a monster rights issue, Ireland's largest industrial company shocked investors with what was effectively a profits warning.

Investors responded by savagely marking the CRH share price down by over eight per cent to €15.70.

Since Lee took over as boss, the CRH share price has under-performed the index of Irish non-financial shares by 31pc. Even if one only goes back to March 2009, when the new CRH shares started trading, CRH has under-performed the market by 26 per cent.


Many companies wouldn't last a minute with investment 'Dragons'



It is much the same problem with CRH (too many products, too many markets); C&C (they seem to sell half the company every two years to buy new toys); SiteServe (what do they do again?) and even poor old Boundary Capital, the latest company to exit ignominiously from the stock exchange leaving the rest of us wondering why they were allowed to linger on for such a long time.

[mountpleasant] 08/7/2010 15:38

Horrendous bowel evacuation in progess.

[lbo] 08/7/2010 12:53

CRH shares down 7pc on news of expected drop in global revenues
Earnings hit by slow US recovery, eurozone deficits

[djderry] 07/7/2010 21:54

It's certainly not the most encouraging trading update we've seen,but,on a long term view,it's not a bad entry point.Double your money in five/six years?

[lbo] 07/7/2010 19:16

Shares in building materials group CRH slumped in Dublin today after a trading update gave what was seen as a disappointing outlook for the rest of the year.

CRH said concerns about euro zone debt had added to uncertainty about the economic recovery in Europe, while the pace of recovery in the US appeared to be slowing

[krutt] 21/4/2010 10:36

We seem to be flying at the moment - any reason why?

[lbo] 03/4/2010 20:13

CRH senior executives enjoy pay rise as profits fall

[bedlamsbottom] 10/3/2010 08:34

Does anyone know the ex-div dates for this year? There should be one about now going by previous years.

[stephanie_m] 08/3/2010 08:52

Strange they have not yet used their cash hoard to snap up some stressed companies in the US. Still the rights issue was a good decision and the company is well placed to benefit from any recovery in the USA.

s

[lbo] 08/3/2010 08:42

We're still waiting at CRH

[lbo] 05/3/2010 15:56

CRH in sales warning as building sector struggles
Country's biggest company predicts further drop of 20pc

[djderry] 02/3/2010 20:44

Profit before tax of 732 million euro,pretty much as expected.

[lbo] 02/3/2010 20:21

CRH's 2009 profits slump 55%

[lbo] 23/2/2010 15:41

US house prices in surprise Dec fall

[lbo] 03/2/2010 11:10

NOURIEL ROUBINI, the New York University professor who anticipated the financial crisis, says the outlook for growth remains "very dismal". The White House economic adviser, Lawrence Summers, says the economy is still mired in a "human recession".

"It's going to feel like a recession, even if technically we're not going to be in a recession," he said.

Also speaking in Davos, Mr Summers, director of the White House National Economic Council, said the statistical recovery would not mask a "human recession".

More than half that growth owed to replenishing depleted inventories and relied on monetary and fiscal stimulus, he said. As these forces ebb, the rate will slow to 1.5 per cent in the second half of this year.

[stephanie_m] 29/1/2010 21:20

Current weakness in CRH is an opportunity to buy if you arr prepared to take a 5 year view.

s

[lbo] 29/1/2010 19:53

CRH extended losses after several rivals reported declines in profit earlier in the week.

[lbo] 20/1/2010 19:43

Brokers analysts noted that the US architectural billings index, a lead indicator of future non-residential construction activity, improved marginally in December to 43.4 from 42.8 in November. A reading above 50 indicates an increase in billings. The index provides an approximate 9- to 12-month glimpse into future construction activity in the sector in the US. CRH is a large supplier of construction materials to the US non-residential construction sector primarily through its products and distribution divisions. Davy estimates that the segment will contribute about 16pc of group profit in 2010. CRH's shares fell 24c to E17.95

[lbo] 10/12/2009 00:30

At its current share price of€17, CRH is capitalised at a hefty €12bn, despite the fact that Myles Lee has advised on a likely pre-tax profit figure which, when converted, will work out at under 70 cent per share. That would put the shares on a 2009 prospective p/e multiple of a whopping 25.

[lbo] 01/12/2009 00:02

Moody's queries CRH rating over weak capital and tough outlook

[lbo] 24/11/2009 21:54

Shares in CRH fell by 9c to E17.61. Figures released by ARTBA (American Road Transportation Builders Association) show that US contract awards for highways/bridges increased by 15pc in October (+20pc highways / 3pc bridges). "This is a positive surprise as a series of strong months (+17pc May, +34pc June, +10pc July and +19pc August; reflecting the impact of the stimulus package), was followed by a relatively weak September, at just +1pc. Given the latter, we were a bit concerned that, as in the past, the failure of having a new multi-year highways programme in place was going to adversely impact highway construction activity," said Goodbody's.