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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 carbideon Sep 17, 2021 5:14pm
94 Views
Post# 33881887

RE:RE:Renewal of Normal Course Issuer Bid

RE:RE:Renewal of Normal Course Issuer BidTWC is so illiquid that it's easier to buy APR.  Whether the value proposition is as good is another question.  They can sit on the bid, but they can't take the offer, per NCIB rules.  Up to 1k/day is 200k/year, or <1% of float.  I doubt they would even get that.  Maybe a negotiated sale.  Who are the sellers?  Canoe was promoting this at higher prices on TV.  Burgundy is almost gone.
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