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/> Lippo Karawaci’s Q1/21 results were acceptable, in our view, with strong performance from Siloam Hospitals compensating for weakness at Real Estate Development, Malls, Hospitality and Others. Real Estate Development results are set to improve from Q2 thanks to the timing of handovers, while the outlook for Malls and Hospitality will depend on the pandemic. The consolidation of LMIRT, a REIT structure with different credit metrics, has changed the group's balance sheet, making it more difficult to analyse the underlying credit quality. By our estimates, underlying credit metrics remained stable in Q1, with sound liquidity.<br/></p>

  Lippo Karawaci’s Q1/21 results were acceptable, in our view, with strong performance from Siloam Hospitals compensating for weakness at Real Estate Development, Malls, Hospitality and Others. Real Estate Development results are set to improve from Q2 thanks to the timing of handovers, while the outlook for Malls and Hospitality will depend on the pandemic. The consolidation of LMIRT, a REIT structure with different credit metrics, has changed the group's balance sheet, making it more difficult to analyse the underlying credit quality. By our estimates, underlying credit metrics remained stable in Q1, with sound liquidity. 

Lippo Karawaci - Earnings Flash - Q1 FY 2021 Results - Lucror Analytics