David Thurin - Vicinity Centres Director

CNRAF Stock  USD 1.26  0.00  0.00%   

Director

Dr. David M. Thurin serves as a NonExecutive Director of the Company. Dr David Thurin has had extensive experience in the property industry that includes senior roles within The Gandel Group and associated companies, including being the Joint Managing Director. Dr Thurin was a Director of The Gandel Group at the time of the merger between Gandel Retail Trust and Colonial First State Retail Property Trust in 2002. Dr Thurin is the Chairman, Chief Executive Officer and founder of Tigcorp Pty Ltd, which has property interests in retirement villages and land subdivision. He has a background in medicine, having been in private practice for over a decade, and was a prior President of the International Diabetes Institute. He was Chairman and Chief Executive Officer Tigcorp Pty Ltd. Director Melbourne Football Club and Baker Heart and Diabetes Institute. Member World Presidents Organisation and Australian Institute of Company Directors. since 2015.
Tenure 9 years
Professional MarksPh.D
Phone61 3 7001 4000
Webhttps://www.vicinity.com.au

Vicinity Centres Management Efficiency

The company has return on total asset (ROA) of 0.0286 % which means that it generated a profit of $0.0286 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of 0.117 %, meaning that it generated $0.117 on every $100 dollars invested by stockholders. Vicinity Centres' management efficiency ratios could be used to measure how well Vicinity Centres manages its routine affairs as well as how well it operates its assets and liabilities.
The company has accumulated 3.71 B in total debt with debt to equity ratio (D/E) of 0.38, which is about average as compared to similar companies. Vicinity Centres has a current ratio of 0.49, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist Vicinity Centres until it has trouble settling it off, either with new capital or with free cash flow. So, Vicinity Centres' shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Vicinity Centres sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Vicinity to invest in growth at high rates of return. When we think about Vicinity Centres' use of debt, we should always consider it together with cash and equity.

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Vicinity Centres is one of Australias leading retail property groups. Vicinity also has European medium term notes listed on the ASX under the code VCD. Vincinity Centres operates under REITRetail classification in the United States and is traded on OTC Exchange. It employs 1266 people. Vicinity Centres [CNRAF] is a Pink Sheet which is traded between brokers over the counter.

Management Performance

Vicinity Centres Leadership Team

Elected by the shareholders, the Vicinity Centres' board of directors comprises two types of representatives: Vicinity Centres inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Vicinity. The board's role is to monitor Vicinity Centres' management team and ensure that shareholders' interests are well served. Vicinity Centres' inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Vicinity Centres' outside directors are responsible for providing unbiased perspectives on the board's policies.
Adrian Chye, Chief Officer
BA BA, Chief Officer
Kah Wong, Acting CFO
Jane Kenny, Head Relations
Simone Carroll, Executive General Manager of Digital, Marketing, People and Culture
JUSTIN MILLS, Executive General Manager Shopping Centres
Richard Jamieson, CFO, Executive General Manager - Investments
Peter Kahan, Director
Peter Huddle, COO CEO
Janette Kendall, Director
Tanya Southey, Chief Officer
Jacqueline Jovanovski, Company Secretary
Wai Tang, Non-Executive Director
Trevor Gerber, Director
Rohan Abeyewardene, Company Secretary
Jonathan Timms, Executive General Manager - Development & Asset Strategy
Richard Haddock, Director
Debra Stirling, Non-Executive Director
Charles Macek, Non-Executive Director
Michael OBrien, Chief Investment Officer
David Thurin, Director
Karen Penrose, Director
Clive Appleton, Non-Executive Director
Penny Berger, Investor Relations Contact
Angus McNaughton, CEO
Carolyn Reynolds, General Counsel
LLB B, Chief Sec
Peter Hay, Chairman of the Board
Grant Kelley, CEO, Managing Director
Tim Hammon, Non-Executive Director
Carolyn Viney, Executive General Manger - Development
David Marcun, Executive General Manager Business Development
Stuart Macrae, Executive General Manager Leasing

Vicinity Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right pink sheet is not an easy task. Is Vicinity Centres a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

Pair Trading with Vicinity Centres

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Vicinity Centres position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Vicinity Centres will appreciate offsetting losses from the drop in the long position's value.

Moving together with Vicinity Pink Sheet

  0.62O Realty me Corp Financial Report 1st of May 2024 PairCorr
  0.62REG Regency Centers Financial Report 2nd of May 2024 PairCorr

Moving against Vicinity Pink Sheet

  0.73PH Parker Hannifin Financial Report 2nd of May 2024 PairCorr
  0.65SPG Simon Property Group Financial Report 7th of May 2024 PairCorr
  0.65UNBLF WFD Unibail RodamcoPairCorr
The ability to find closely correlated positions to Vicinity Centres could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Vicinity Centres when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Vicinity Centres - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Vicinity Centres to buy it.
The correlation of Vicinity Centres is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Vicinity Centres moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Vicinity Centres moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Vicinity Centres can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Vicinity Centres. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation.
Note that the Vicinity Centres information on this page should be used as a complementary analysis to other Vicinity Centres' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the USA ETFs module to find actively traded Exchange Traded Funds (ETF) in USA.

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Please note, there is a significant difference between Vicinity Centres' value and its price as these two are different measures arrived at by different means. Investors typically determine if Vicinity Centres is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Vicinity Centres' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.