Chanin Vongkusolkit - Erawan Director

ERW Stock  THB 4.72  0.10  2.07%   

Director

Mr. Chanin Vongkusolkit is Chairman of the Board of Erawan Group PCL. He is Member of the Investment Committee and Member of the Nominating and Corporationrationrate Governance Committee of the Company. He has a Bachelor degree in Economics from Thammasat University, Thailand, and a MBA in Finance from St. Louis University, the United States. since 2018.
Age 64
Tenure 6 years
Professional MarksMBA
Phone66 2 257 4588
Webhttps://www.theerawan.com

Erawan Management Efficiency

The company has return on total asset (ROA) of (0.0123) % which means that it has lost $0.0123 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of (0.1232) %, meaning that it generated substantial loss on money invested by shareholders. Erawan's management efficiency ratios could be used to measure how well Erawan manages its routine affairs as well as how well it operates its assets and liabilities.
The company has accumulated 10.36 B in total debt with debt to equity ratio (D/E) of 165.7, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Erawan Group has a current ratio of 0.52, 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 Erawan until it has trouble settling it off, either with new capital or with free cash flow. So, Erawan'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 Erawan Group sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Erawan to invest in growth at high rates of return. When we think about Erawan's use of debt, we should always consider it together with cash and equity.

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The Erawan Group Public Company Limited, through its subsidiaries, engages in hotel and building rental businesses in Thailand. The Erawan Group Public Company Limited was founded in 1982 and is headquartered in Bangkok, Thailand. THE ERAWAN operates under Lodging classification in Thailand and is traded on Stock Exchange of Thailand. The Erawan Group (ERW) is traded on Thailand Exchange in Thailand and employs 23 people.

Management Performance

Erawan Group Leadership Team

Elected by the shareholders, the Erawan's board of directors comprises two types of representatives: Erawan inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Erawan. The board's role is to monitor Erawan's management team and ensure that shareholders' interests are well served. Erawan'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, Erawan's outside directors are responsible for providing unbiased perspectives on the board's policies.
Navarat Tamsuwan, Ex Division
Banyong Pongpanich, Independent Director
Woramon Inkatanuvat, Ex CFO
Apichan Mapaisansin, Exec Division
Chanin Vongkusolkit, Director
Manop Bongsadadt, Independent Director
Petch Krainukul, Senior Vice President Director
Sansern Wongchaum, Independent Director
Kanokwan Thongsiwarugs, Company Secretary
Panida Thepkanjana, Director
Gavin Vongkusolkit, Director
Dej Bulsuk, Independent Director
Det Bunsuk, Independent Director
Youssef Khomri, Ex Division
Ekasith Jotikasthira, Independent Director
Kamonwan Wipulakorn, President Director
Kulpatra Sirodom, Independent Director
Supol Wattanavekin, Director
Prakit Pradipasen, Chairman of the Board, Independent Director
Jetiya Kitiyodom, Assistant Department
Vitoon Vongkusolkit, Director
Prakit Prathipasen, Chairman of the Board, Independent Director
Manop Phongsathat, Independent Director

Erawan 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 Erawan 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.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Erawan in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Erawan's short interest history, or implied volatility extrapolated from Erawan options trading.

Pair Trading with Erawan

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

Moving against Erawan Stock

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The ability to find closely correlated positions to Erawan could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Erawan 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 Erawan - 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 The Erawan Group to buy it.
The correlation of Erawan 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 Erawan moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Erawan Group 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 Erawan 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 Investing Opportunities to better understand how to build diversified portfolios, which includes a position in The Erawan Group. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.
You can also try the Headlines Timeline module to stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity.

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Please note, there is a significant difference between Erawan's value and its price as these two are different measures arrived at by different means. Investors typically determine if Erawan is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Erawan's 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.