Crh Share Discussion Threads

[djderry] 17/2/2008 19:44

The co. obviously that at this price they are extremely undervalued and that it makes more sense to buy up their own stock.Their ROI will be greater than if they had bought more acquisitions,although we can be fairly certain that they have plenty firepower left over for that too.

[bedlamsbottom] 17/2/2008 08:37

very interesting to see all these transactions in own shares of late. A new invitation to join the latest SAYE share scheme is due to go out in the next 2 - 3 weeks, Buying there own seems seems to be stopping the price following most others at the mo. If it had taken a severe dive, like some, this years buy in price would have been an absolute blinder. Will be even more interesting to see if the "propping up" continues after the buy in price is released!.......watch this space!

[djderry] 05/2/2008 20:37

A billion quid knocked off the share price today.Methinks I'll have to top up again!

[djderry] 14/1/2008 20:50

In years to come you'll be telling your grandchildren about this bargain.I'm thinking of adding more Grafton as well.

[avonmore] 14/1/2008 09:08

DJderry 77

i agree a crazy price - im in as well - I like Diversified nature of its locations and proven strong management - a world beater and v cheap at this price.

[djderry] 08/1/2008 20:54

We'll probably see 'transaction in own shares' quite regularly from now on.

[djderry] 03/1/2008 20:31

The acquisition machine rolls on.

[djderry] 22/11/2007 20:28

Went back in and bought more for under 22euro!A crazy price!

[cat100] 20/10/2007 20:31

I think this will see 23

[djderry] 13/9/2007 22:23

The acquisition machine rolls on.

[djderry] 03/9/2007 20:50

Management have also indicated they intend to run the rule over Tarmac.As you say LBO,they constantly buy other companies(30 transactions in the last results).However they've never taken over a company this big and they don't overpay.I feel a pun coming on:a rock solid company!

[lbo] 02/9/2007 16:19

Questor: CRH is riding the US slowdown and has a good buyout record

[djderry] 28/8/2007 19:50

Most impressive,PBT of 27% is remarkable when you consider that was achieved in the face of the slowing US residential market.Well diversified business that grows by leaps,year-in,year-out.

[matthewa] 28/8/2007 10:13

Not bad results - Well received by mkt

[djderry] 27/8/2007 20:30

Interims tomorrow.The median analyst's estimate is for a 24% increase in profits.That would be some performance!

[hectorp] 27/8/2007 15:06

Trouble is the building trade shares could be hit for around 3 years. Yet this one looks sound - and cheapish.

[djderry] 17/8/2007 19:28

Yeats spoke about 'great art beaten down',well here we have great stocks beaten down.Added to my holding yesterday.In the midst of the spreading credit crunch,I heard a commentator talk about the effects of a recession starting in the States and spreading throughout the world.With a bit of luck,we're in for the sale of the century!Bring me your shares,o panic-stricken ones!

[djderry] 02/7/2007 19:54

Profits in the half year up 25%,stronger European growth offsetting weaker U.S. Top class performance.

[djderry] 20/6/2007 20:02

It's an all time high.

[lbo] 02/6/2007 12:37

Irish Times:

Davy values CRH at €37.50 per share

Davy Stockbrokers has set a €37.50 a share price target for building materials group CRH, arguing that its European markets are showing a strong recovery.

"Cement demand remains strong in all of CRH's markets, with most facilities operating at full capacity," said analysts Barry Dixon and Robert Gardiner. They added that operating margins from its European products division could boost group earnings by 4 per cent.

[djderry] 09/5/2007 18:41

Positive trading statement.Europe balancing out America.

[lbo] 09/5/2007 09:36

The rumour is KKR is looking!