TWC Enterprises Ltd T.TWC

Alternate Symbol(s): CLKXF

Consumer Cyclical Leisure

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

TWC Enterprises Ltd > Undervalue..........

<< Previous

Bullboard Posts

Next >>

Comment by undervalueon Jul 26, 2022 3:07pm

126 Views

Post# 34851813

RE:Undervalue..........

Perhaps you now get why I prefer lot sales to house building.
There is an MLS for I assume one of the units at 2.688 million for 4000 feet.
Around the corner there is a resale on a 60 foot frontage for 1.748 with 4700 hundred built feet.
With a 900k differential, new is a tough sale.
Lots worth 70% of the value, no way. It used to be a third 20 years ago. I would guess much less now.
The issue is when you don't sell and build in a timely fashion, you end up losing money.
TWC no doubt is losing money.
You say they are dirty, I call it complete inept.
They will report very soon, we will see a bit more.

$2,688,000