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

Leonard Law, CFA

Senior Credit Analyst

Credit

Agile’s H1/21 results were robust, with the company maintaining its strong performance from FY 2020. While Agile's gross margin has contracted slightly, it remains relatively healthy compared to that of peers. Management is confident of maintaining the gross margin at 28-30%, thanks to the company’s low land costs for certain projects. Leverage continued to improve, supported by a high reported cash collection rate of c. 80%. Assuming the perpetuals were accounted for as debt, Agile would be in breach of one of the Three Red Lines. That said, this is an improvement from the situation at FYE 2020, in which two lines were breached. The company's minority interests could continue to grow, as Agile has increased its usage of JVs and reduced the attributable ratio for its new land acquisitions.

  Agile’s H1/21 results were robust, with the company maintaining its strong performance from FY 2020. While Agile's gross margin has contracted slightly, it remains relatively healthy compared to that of peers. Management is confident of maintaining the gross margin at 28-30%, thanks to the company’s low land costs for certain projects.   Leverage continued to improve, supported by a high reported cash collection rate of c. 80%. Assuming the perpetuals were accounted for as debt, Agile would be in breach of one of the Three Red Lines. That said, this is an improvement from the situation at FYE 2020, in which two lines were breached. The company's minority interests could continue to grow, as Agile has increased its usage of JVs and reduced the attributable ratio for its new land acquisitions.   

Agile Group - Earnings Flash - H1 FY 2021 Results - Lucror Analytics

Agile Property Holdings

Agile Group - Earnings Flash - H1 FY 2021 Results - Lucror Analytics