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CRH Share Chat (CRH)



Share Price: 2,737.00Bid: 2,732.00Ask: 2,734.00Change: 0.00 (0.00%)No Movement on Crh
Spread: 2.00Spread as %: 0.07%Open: 2,760.00High: 2,770.00Low: 2,699.00Yesterday’s Close: 2,737.00


Share Discussion for CRH


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MickTKipper
Posts: 2,558
Off Topic
Opinion:Strong Buy
Price:2,563.00
CRH, Strong Growth Going Forward...
26 Apr '18
CRH PLC

trading update yesterday bullish on second half.

<a href='https://www.investegate.co.uk/crh-plc--crh-/rns/trading-update---april-2018/201804250700110051M/' target='window'>https://www.investegate.co.uk/crh-plc--crh-/rns/trading-update---april-2018/201804250700110051M/</a>

<b>One Footsie dividend growth stock I£d buy and one I£d sell today
Rupert Hargreaves | Wednesday, 25th April, 2018</b>

Building materials company CRH (LSE: CRH) might not look like a traditional income stock at first glance, but current City forecasts suggest this business is going to grow into one over the next few years.

Indeed according to City figures, over the next two years CRH£s dividend payout to investors is expected to grow by around 10% to £0.75 per share by 2019. But to me, this looks like a conservative forecast given CRH£s management has always prioritised investor returns.

For example, the firm announced today a £1bn share buyback to return additional capital, even though trading during the first quarter has been mixed. Thanks to £prolonged winter weather conditions and the timing of Easter holidays£ first quarter like-for-like sales declined 2%. Group earnings before interest tax depreciation and amortisation (EBITDA) are expected to be in line with last year£s print.

Nevertheless, after this minor setback, management is expecting EBITDA to be ahead of last year in the second half £in the absence of any major market dislocations,£ according to its trading update issued today for the three months ended 31 March.

Improving the portfolio
CRH£s management is always on the lookout for ways to improve performance. Thanks to these efforts, earnings per share have more than doubled over the past six years. And it doesn£t look as if the enterprise is going to slow down anytime soon.

During the first quarter, the company spent £150m on six bolt-on acquisitions and is planning £1.5bn-£2bn for further portfolio divestments over the £medium term£ as the group tries to streamline its portfolio and improve overall returns. While some of this divestment cash will be returned to investors, I believe some will also be invested in new growth opportunities.

Analysts have pencilled in earnings per share growth of 24% of 2018, followed by 15% for 2019. Based on these estimates, the shares are trading at a 2019 P/E of 12.6, which looks to me to be too cheap considering CRH£s historical growth and income potential. The shares currently support a dividend yield of 2.6%.

=============================================================================

I agree with the tipster the stock looks very cheap given EPS growth going forward.

<b>Analysts have pencilled in earnings per share growth of 24% of 2018, followed by 15% for 2019</b>

Never mind an income stock those figures e
 
eggshead
Posts: 159
Off Topic
Opinion:No Opinion
Price:2,444.00
share performance
12 Mar '18
This looks probably at least 10% undervalued presently but struggling to progress from current levels. No obvious reasons as to why. Results recently were very positive too. Any thoughts?,
paddy_irishman
Posts: 52
Off Topic
Opinion:No Opinion
Price:2,598.00
RE: Anyone following this share?
1 Feb '18
Where do you see this going in the short to medium term?
PANG
Posts: 308
Off Topic
Opinion:No Opinion
Price:2,672.00
RE: Anyone following this share?
30 Jan '18
To stay at this level it is doing well, with the biggest share of the profits being generated in Dollars but reported in Euro, EarlyLast year the exchange rate was heading for parity now it is 1.24. CRH is doing OK to stand still. The quick rise after Trumps win was the expected pick up in Road, Bridge and wall building none of which happened
paddy_irishman
Posts: 52
Off Topic
Opinion:No Opinion
Price:2,714.00
RE: Anyone following this share?
29 Jan '18
Any thoughts on this short position opened by Bridgewater? What is going on with this share.. much positive news over the past six months yet here we are. It remains stubbornly anchored to more or less the same position!
PANG
Posts: 308
Off Topic
Opinion:No Opinion
Price:2,735.00
RE: Anyone following this share?
29 Jan '18
You are not alone. Be brave
paddy_irishman
Posts: 52
Off Topic
Opinion:No Opinion
Price:2,739.00
Anyone following this share?
29 Jan '18
Hello, anyone out there?
sjones
Posts: 2
Off Topic
Opinion:Strong Buy
Price:2,753.50
RE: Ouch
9 Jan '18
Alun Griffiths Contractors Ltd
sjones
Posts: 2
Off Topic
Opinion:Strong Buy
Price:2,754.00
RE: Ouch
9 Jan '18
https://www.alungriffiths.co.uk/ Sucessful welsh family run business largest in wales t/o inexcess of 140m , owner retiring excellent purchase. News announced to staff
Ramadaone
Posts: 3
Off Topic
Opinion:No Opinion
Price:2,709.00
RE: Ouch
21 Apr '17
These guys are going to buy a company in the UK in the building / materials sector but which one ?




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