Juan-Enrique
Loma Negra (NYSE:LOMA) is the largest cement manufacturer in Argentina.
I wrote about LOMA in the past, recommending both purchasing the stock (June 2022) and not purchasing it (July 2021, October 2022). Those articles have
Loma Negra: A Speculative Play On Argentinian Income Recovery (Rating Upgrade)
Summary
- Loma Negra, the largest cement manufacturer in Argentina, has seen its operating income fall due to price repression and currency depreciation.
- The company's profitability might be explained by real estate prices in Argentina, which have been in a downward trend since 2017-18.
- Despite the current challenges, LOMA has strong financials and the potential for income growth, making it an opportunity for investors.
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