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>Bayan Resources' Q1/20 results were respectable and in line with expectations. That said, revenue and particularly earnings were weaker due to the lower coal price. We note positively the healthy FCF generation. The financial risk profile remains sound, with very low leverage and healthy coverage ratios. Liquidity remains sound. We note that the effects of COVID-19 and lower coal price will mainly be felt from Q2 onwards.</p>

 Bayan Resources' Q1/20 results were respectable and in line with expectations. That said, revenue and particularly earnings were weaker due to the lower coal price. We note positively the healthy FCF generation. The financial risk profile remains sound, with very low leverage and healthy coverage ratios. Liquidity remains sound. We note that the effects of COVID-19 and lower coal price will mainly be felt from Q2 onwards.

Bayan Resources - Earnings Flash - Q1 FY 2020 Results - Lucror Analytics