{"id":3260,"date":"2017-10-26T16:30:11","date_gmt":"2017-10-26T20:30:11","guid":{"rendered":"http:\/\/www.ipoboutique.com\/blog\/?p=3260"},"modified":"2017-10-26T16:30:11","modified_gmt":"2017-10-26T20:30:11","slug":"loma-negra-corporation-loma-ipo-preview","status":"publish","type":"post","link":"https:\/\/www.ipoboutique.com\/blog\/loma-negra-corporation-loma-ipo-preview\/","title":{"rendered":"Loma Negra Corporation ($LOMA) #IPO Preview"},"content":{"rendered":"<p><a href=\"http:\/\/www.ipoboutique.com\/blog\/wp-content\/uploads\/2017\/10\/Screen-Shot-2017-10-26-at-4.23.04-PM.png\"><img decoding=\"async\" class=\"aligncenter size-full wp-image-3261\" src=\"http:\/\/www.ipoboutique.com\/blog\/wp-content\/uploads\/2017\/10\/Screen-Shot-2017-10-26-at-4.23.04-PM.png\" alt=\"LomaNegraLogo\" width=\"147\" height=\"137\" \/><\/a><\/p>\n<p>Company: Loma Negra Corporation<br \/>\nSymbol: LOMA<br \/>\nDescription: Loma Negra is the leading cement producer in Argentina.<br \/>\nShares: 50.2 million ADSs<br \/>\nPrice Range: $15.00-$19.00<br \/>\nTrade Date: 11\/1<br \/>\nUnderwriter(s): BofA Merrill Lynch, Bradesco BBI, Citigroup, HSBC, Itau BBA, Morgan Stanley<br \/>\nTerms Added: 10-12-17<\/p>\n<p><strong><a href=\"https:\/\/www.sec.gov\/Archives\/edgar\/data\/1711375\/000119312517308793\/d225541df1a.htm\" target=\"_blank\">Link to S-1\/A Prospectus<\/a><\/strong><\/p>\n<p><strong><a href=\"http:\/\/www.retailroadshow.com\/wp\/roadshows.asp\" target=\"_blank\">Link to Retail Roadshow<\/a><\/strong><\/p>\n<p><strong>Business<\/strong>: They\u00a0believe that the economic recovery of Argentina represents one of the most attractive opportunities in global emerging markets today. Cement consumption is highly correlated to economic activity and they expect demand for cement to grow significantly within the next five years in Argentina. After two decades of capital scarcity across the industry, installed cement production capacity in the country is reaching its limit and Loma Negra Corp believes that Argentina will soon face a structural cement supply deficit. In the first nine months of 2017, cement consumption in Argentina has increased 10.7% year-on-year, according to AFCP.<\/p>\n<p><strong>FINANCIALS:\u00a0<\/strong>Their net revenues were Ps. 5.94 billion, Ps. 7.87 billion and Ps. 9.87 billion ($594.9 million) and their net profit was Ps. 231.3 million, Ps. 351.5 million and Ps. 502.0 ($30.2 million) in 2014, 2015, and 2016, respectively. In the first half of 2017, their net revenue increased 74.5% to Ps.6.67 billion ($401.8 million), and their net profit increased 342% to Ps.692.0 million ($41.7 million), compared to the same period in the previous year.<\/p>\n<p><a href=\"http:\/\/www.ipoboutique.com\/blog\/wp-content\/uploads\/2017\/10\/Screen-Shot-2017-10-26-at-4.26.10-PM.png\"><img fetchpriority=\"high\" decoding=\"async\" class=\"aligncenter size-full wp-image-3262\" src=\"http:\/\/www.ipoboutique.com\/blog\/wp-content\/uploads\/2017\/10\/Screen-Shot-2017-10-26-at-4.26.10-PM.png\" alt=\"LomaFinancials\" width=\"2146\" height=\"409\" srcset=\"https:\/\/www.ipoboutique.com\/blog\/wp-content\/uploads\/2017\/10\/Screen-Shot-2017-10-26-at-4.26.10-PM.png 2146w, https:\/\/www.ipoboutique.com\/blog\/wp-content\/uploads\/2017\/10\/Screen-Shot-2017-10-26-at-4.26.10-PM-600x114.png 600w, https:\/\/www.ipoboutique.com\/blog\/wp-content\/uploads\/2017\/10\/Screen-Shot-2017-10-26-at-4.26.10-PM-300x57.png 300w, https:\/\/www.ipoboutique.com\/blog\/wp-content\/uploads\/2017\/10\/Screen-Shot-2017-10-26-at-4.26.10-PM-1024x195.png 1024w\" sizes=\"(max-width: 2146px) 100vw, 2146px\" \/><\/a><\/p>\n<p><strong>Book-Building Status<\/strong>: The way the book comes together during the week of the roadshow is the most critical indicator to first-day and first-week performance. IPO Boutique uses its 45 years of experience and sources all over the street to gather daily subscription levels, specific price guidance and what type of investors are currently in the book or are anchoring orders in the book. In addition, recent underwriter performance on sector specific deals is a strong factor that IPO Boutique takes into account when determining if our clients should indicate for any offering.<\/p>\n<p><a href=\"https:\/\/www.ipoboutique.com\/Subscribe.html\"><span style=\"font-weight: 400;\">IPO Boutique subscription clients receive daily updates on this critical information.<\/span><\/a><\/p>\n<p><strong>Conclusion<\/strong>: IPO Boutique provides ratings, daily commentary and a forecast for how this IPO will open vs. its offering price. We have kept a\u00a0<a href=\"https:\/\/www.ipoboutique.com\/cgi\/ipo-track-record-summary-report.php\"><span style=\"font-weight: 400;\">track record<\/span><\/a>\u00a0with our performance for last 12 years at our website. Additionally, we have our latest performance results with commentary from the month of May\u00a0<span style=\"font-weight: 400;\">by\u00a0<\/span><a href=\"http:\/\/www.ipoboutique.com\/blog\/?p=2333\"><span style=\"font-weight: 400;\">clicking here<\/span><\/a><span style=\"font-weight: 400;\">.<\/span><\/p>\n<p><b>Indicate with confidence,\u00a0<\/b><a href=\"https:\/\/www.ipoboutique.com\/Subscribe.html\"><b>SUBSCRIBE<\/b><\/a><b>\u00a0today.<\/b><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Company: Loma Negra Corporation Symbol: LOMA Description: Loma Negra is the leading cement producer in Argentina. Shares: 50.2 million ADSs Price Range: $15.00-$19.00 Trade Date: 11\/1 Underwriter(s): BofA Merrill Lynch, Bradesco BBI, Citigroup, HSBC, Itau BBA, Morgan Stanley Terms Added: 10-12-17 Link to S-1\/A Prospectus Link to Retail Roadshow Business: They\u00a0believe that the economic recovery[&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"zakra_general_container_width":0,"zakra_general_content_width":0,"zakra_general_sidebar_width":0,"zakra_sticky_header":"customizer","zakra_header_main_area":true,"zakra_site_logo_width":0,"zakra_header_top_enabled":"customizer","zakra_header_top_style":"customizer","zakra_primary_menu_item_style":"customizer","zakra_page_header_text_color":"","zakra_page_header_layout":"customizer","zakra_page_title_bg":"","zakra_footer_widgets_bg_image":0,"zakra_page_title_bg_repeat":"customizer","zakra_page_title_bg_position":"customizer","zakra_page_title_bg_size":"customizer","zakra_page_title_bg_attachment":"customizer","zakra_breadcrumbs_enabled":"customizer","zakra_breadcrumbs_text_color":"","zakra_breadcrumbs_separator_color":"","zakra_breadcrumbs_link_color":"","zakra_breadcrumbs_link_hover_color":"","zakra_page_title_bg_image":0,"zakra_footer_widgets_enabled":"customizer","zakra_footer_column_layout_1_style":"customizer","zakra_footer_widgets_bg":"","zakra_footer_widgets_bg_repeat":"customizer","zakra_footer_widgets_bg_position":"customizer","zakra_footer_widgets_bg_size":"customizer","zakra_footer_widgets_bg_attachment":"customizer","zakra_footer_bar_enabled":"customizer","zakra_footer_bar_style":"customizer","footnotes":""},"categories":[24],"tags":[1391],"class_list":["post-3260","post","type-post","status-publish","format-standard","hentry","category-ipo","tag-loma"],"_links":{"self":[{"href":"https:\/\/www.ipoboutique.com\/blog\/wp-json\/wp\/v2\/posts\/3260","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.ipoboutique.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.ipoboutique.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.ipoboutique.com\/blog\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.ipoboutique.com\/blog\/wp-json\/wp\/v2\/comments?post=3260"}],"version-history":[{"count":1,"href":"https:\/\/www.ipoboutique.com\/blog\/wp-json\/wp\/v2\/posts\/3260\/revisions"}],"predecessor-version":[{"id":3263,"href":"https:\/\/www.ipoboutique.com\/blog\/wp-json\/wp\/v2\/posts\/3260\/revisions\/3263"}],"wp:attachment":[{"href":"https:\/\/www.ipoboutique.com\/blog\/wp-json\/wp\/v2\/media?parent=3260"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.ipoboutique.com\/blog\/wp-json\/wp\/v2\/categories?post=3260"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.ipoboutique.com\/blog\/wp-json\/wp\/v2\/tags?post=3260"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}