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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 47, 18-hole equivalent championship and two, 18-hole equivalent academy courses (including three managed properties), at about 35 locations in Ontario, Quebec and Florida. Its segments include Golf Club Operations Segment and Corporate Operations and Other 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

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  • Malpeque2X
Comment by Malpeque2on Aug 11, 2021 4:34pm
135 Views
Post# 33686561

RE:RE:JV Accounting

RE:RE:JV AccountingThere should be a new segment of operations called REAL ESTATE DEVELOPMENT and CONSTRUCTION,    with just as much detail as we see over the past 20 years in Clublink and TWC  reporting on the Golf operations.

There are 3 or 4 properties under Development.    This is a Material Part of TWC business now.

Just the Residential Inventory as Highland Gate alone is $92M.    I can see it on the Balance sheet.  Note 5 tells us NOTHING.   Highland Gate Borrowings are $36.7M,  I can see that too. 
Thats about it.  

 Now we have $10M US committed to Real Estate investments in Florida that are being managed by WHO?   And money committed to one specific project in Florida.    And that is about all the description and Managment Discussion and Analysis that we get?   
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