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TWC Enterprises Ltd T.TWC

Alternate Symbol(s):  CLKXF

TWC Enterprises Limited is a Canada-based company engaged in golf club operations under the trademark ClubLink One Membership More Golf (ClubLink). The Company is the owner, operator and manager of golf clubs with 45.5, 18-hole equivalent championship and 2.5, 18-hole equivalent academy courses, at about 35 locations in two separate geographical regions, such as Ontario and Florida. Its segments include Golf Club Operations Segment and Corporate Operations Segment. Its golf clubs are organized in clusters that are located in densely populated metropolitan areas and resort destinations frequented by those who live and work in these areas. It also offers golfers in their region a variety of membership, daily fee, corporate event and resort opportunities. ClubLink also has annual membership programs, and the product offerings include Players Card and Players Club in the Ontario/Quebec region as well as the ClubLink Card in the Florida region.


TSX:TWC - Post by User

Comment by undervalueon Aug 10, 2021 11:35am
147 Views
Post# 33678244

RE:JV Accounting

RE:JV AccountingI read it as just the costs that have been spent to date. The break down between site costs and house construction costs are not broken out which is terrible.  The percentage of completion is missing as well.
The good news is that the 2 phases are sold out, with 87 homes being worked on.
It is a joke that they did not disclose the sale prices.  It is likely close to a couple million each for the latest sales.
Remaining are 61 single lots, and a 114 unit condo.
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