Lafarge S.A. (ADR) (NASDAQOTH:LFRGY)
CAPS Rating:
The Company operates through its four divisions: Cement, Aggregates, Concrete and Gypsum.
The Company operates through its four divisions: Cement, Aggregates, Concrete and Gypsum.
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I was wary of a bottom in housing, though the macro economic trends would point towards a continued slide, I was worried that we would get to the core/book value of homebuilders. But after reading floridabuilder's blog I think major pain and consolidation is ahead for this industry. Only the strong will survive and none will thrive.