Email of the day (1)
on CRH
"Seeing that you have committed your hard earned to CRH, I thought I would share a long term valuation graph on the mighty CRH plc. I hope you find it of use."
Eoin Treacy's view
Thank you for this chart
of Enterprise Value / Capital Employed which indicates CRH
is fundamentally cheap. Yesterday's downward dynamic had more than a whiff of
climactic selling but a clear upward dynamic will be required to confirm that
a low of at least short and potentially medium-term significance has been reached.