Derek Neilson - Turk Traktor Non-Independent Member of the Board

TTRAK Stock  TRY 933.00  7.00  0.74%   

Executive

Mr. Derek James Neilson has served as NonIndependent Member of the Board of TURK TRAKTOR VE ZIRAAT MAKINELERI ANONIM SIRKETI since April 27, 2018. Derek James Neilson assumed the role of interim Chief Executive Officer of CNH Industrial between April September 2018. He also worked as the Chief Operating Officer EMEA and President, Commercial Vehicles Products Segment between February 2015 December 2018. Mr. Neilson assumed the role of CNH Industrial President of Agriculture in January 2019. Mr. Neilson has more than 20 years of experience in production and manufacturing engineering. He first joined CNH in 1999 with responsibility for the Basildon Plant Engine Manufacturing Business Unit. He later advanced to take the lead of the Tractor Manufacturing Business Unit. In 2004, Mr. Neilson was appointed Plant Manager of CNHs Basildon tractor facility. In 2007, he became Vice President of Agricultural Manufacturing, Europe, a role he held until assuming global responsibilities for Agricultural Manufacturing in 2010. From 2012 to 2015 he served as Chief Manufacturing Officer for CNH Industrial. Mr. Neilson holds a BTEC HNC in Mechanical and Production Engineering. since 2018.
Tenure 6 years
Phone90 312 233 33 33
Webhttps://www.turktraktor.com.tr

Turk Traktor Management Efficiency

The company has return on total asset (ROA) of 0.1896 % which means that it generated a profit of $0.1896 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of 1.0444 %, meaning that it generated $1.0444 on every $100 dollars invested by stockholders. Turk Traktor's management efficiency ratios could be used to measure how well Turk Traktor manages its routine affairs as well as how well it operates its assets and liabilities.
Turk Traktor ve has accumulated 507.43 M in total debt with debt to equity ratio (D/E) of 1.3, which is about average as compared to similar companies. Turk Traktor ve has a current ratio of 1.38, which is within standard range for the sector. Debt can assist Turk Traktor until it has trouble settling it off, either with new capital or with free cash flow. So, Turk Traktor's 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 Turk Traktor ve sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Turk to invest in growth at high rates of return. When we think about Turk Traktor's use of debt, we should always consider it together with cash and equity.

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Trk Traktr ve Ziraat Makineleri A.S. manufactures and sells farm tractors, harvesters, and other agricultural machineries and equipment. Trk Traktr ve Ziraat Makineleri A.S. was founded in 1954 and is headquartered in Ankara, Turkey. TURK TRAKTOR operates under Farm Heavy Construction Machinery classification in Turkey and is traded on Istanbul Stock Exchange. It employs 2110 people. Turk Traktor ve (TTRAK) is traded on Istanbul Stock Exchange in Turkey and employs 2,782 people.

Management Performance

Turk Traktor ve Leadership Team

Elected by the shareholders, the Turk Traktor's board of directors comprises two types of representatives: Turk Traktor inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Turk. The board's role is to monitor Turk Traktor's management team and ensure that shareholders' interests are well served. Turk Traktor's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Turk Traktor's outside directors are responsible for providing unbiased perspectives on the board's policies.
Derek Neilson, Non-Independent Member of the Board
Ismail Cimen, Non-Independent Member of the Board
Osman Durak, Non-Independent Member of the Board
Umut Kolcuoglu, Independent Member of the Board
Sila Akay, Investor Specialist
Jiri Velharticky, Chief Marketing Officer
Levent Cakiroglu, Non-Independent Chairman of the Board
Arif Bulut, Independent Member of the Board
Nebi Ozdongul, Vice General Manager - Production
Federico Pamfili, Chief Officer
Ilkiz Karagll, Ma Relations
Ergun Ozdamar, Assistant Manager - Supply chain Management
Onur Vural, Deputy General Manager Responsible for Purchasing
Ahmet Grpeoglu, Investor Exec
Stefano Pampalone, Non-Independent Vice Chairman of the Board
Marco Votta, General Manager, Member of the Board
Jetender Ahuja, Chief Technical Officer
Andrea Trabacchin, Director
Ibrahim Ozuner, Chief Executive Officer, Non-Independent Member of the Board
Leonardo dAlessandro, Chief Officer
Ahmet Canbeyli, Member of the Board, Vice General Manager - Financial Affairs
Rehda Akyuz, Chief Sales Officer

Turk Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Turk Traktor 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 Turk Traktor

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 Turk Traktor 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 Turk Traktor will appreciate offsetting losses from the drop in the long position's value.

Moving together with Turk Stock

  0.72TUPRS Turkiye Petrol RafinPairCorr
  0.94KCHOL Koc Holding ASPairCorr
  0.71SISE Turkiye Sise vePairCorr
  0.81TTKOM Turk TelekomunikasyonPairCorr
The ability to find closely correlated positions to Turk Traktor could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Turk Traktor 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 Turk Traktor - 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 Turk Traktor ve to buy it.
The correlation of Turk Traktor 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 Turk Traktor moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Turk Traktor ve 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 Turk Traktor 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

Other Information on Investing in Turk Stock

Turk Traktor financial ratios help investors to determine whether Turk Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Turk with respect to the benefits of owning Turk Traktor security.