Lucror Analytics

Lucror Analytics is a leading credit and ESG research specialist and a provider of technology solutions for differentiated fixed income strategies. Our roots are in bottom-up fundamental credit analysis with a specialization in high yield corporate credits from Europe, Asia and Latin America. We are one of few research specialists integrating ESG considerations with fundamental credit research through a dedicated ESG platform. Our ESG assessment covers five key criteria: Disclosure, E,S, & G Pillars, Controversies, ESG Impact on Credit and ESG Momentum.

Recognizing the importance and value-add of Factor Investing in fixed income, Lucror developed the Smart Quant Navigator (SQN), an intuitive platform that helps clients devise and implement factor-based strategies ranging from pure quant to active fundamental, with integrated ESG.

Our company has been at the forefront of developments in the fixed income markets, identifying opportunities and consistently delivering new products and value-adding solutions to clients. Lucror has close relationships with the largest and most reputable asset managers, family offices, hedge funds, investment and wealth managers globally.

High Yield Experts

Senior Credit Analyst, Lucror Analytics

Trung Nguyen

Senior Credit Analyst

Credit

<p><br/> While Agung Podomoro Land’s Q3/20 results were soft, they still surpassed our expectations significantly. Revenues and profitability appeared to have exceeded our projections due to the industrial land sales in Karawang, which were one-off in nature. It is also unclear how much of the improvement was due to the new accounting standards. While leverage and coverage seem to be stable compared to FYE 2019, the liquidity position is still inadequate.<br/></p>

  While Agung Podomoro Land’s Q3/20 results were soft, they still surpassed our expectations significantly. Revenues and profitability appeared to have exceeded our projections due to the industrial land sales in Karawang, which were one-off in nature. It is also unclear how much of the improvement was due to the new accounting standards. While leverage and coverage seem to be stable compared to FYE 2019, the liquidity position is still inadequate. 

Agung Podomoro Land - Earnings Flash - 9M FY 2020 Results - Lucror Analytics