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

<p><br/> Road King’s H1/20 results were slightly weaker than expected. Its gross margin continued to contract, resulting in lower EBITDA. Leverage metrics weakened marginally, with continued debt growth. Negatively, cash distributions from the toll road JVs were negligible, owing to the government’s suspension of toll collections amid COVID-19. It is unclear if the company can claim compensation from the government for the lost earnings. That said, the toll roads have resumed normal operations as of May 6th, and should contribute dividends in line with historical trends in H2.<br/></p>

  Road King’s H1/20 results were slightly weaker than expected. Its gross margin continued to contract, resulting in lower EBITDA. Leverage metrics weakened marginally, with continued debt growth. Negatively, cash distributions from the toll road JVs were negligible, owing to the government’s suspension of toll collections amid COVID-19. It is unclear if the company can claim compensation from the government for the lost earnings. That said, the toll roads have resumed normal operations as of May 6th, and should contribute dividends in line with historical trends in H2. 

Road King - Earnings Flash - H1 FY 2020 Results - Lucror Analytics

Road King Infrastructure

Road King - Earnings Flash - H1 FY 2020 Results - Lucror Analytics