Post by
undervalue on Oct 14, 2021 3:17pm
Housekeeping
The Tamarac City Council have boxed themselves into a procedural mess.
They want a final Woodlands site plan for the final public meeting and vote. That makes sense, the problem is that the development review board that has not gone final. Result, another confusing meeting set for Nov 10. I will be another gong show. I expect litigation.
A fellow shareholder has calculated the net after tax income from the Heron bay sale. $1.39 per share. TWC should vend the Woodlands for more storm water management.
There has not been any pricing announced for next season other than it will be going up a bit.
Our 7 million shares of APR are hitting new highs.
Finally, some stats for Canadian Golf Industry . Plus 25%
Revenues in August increased 6% over 2020 but with some major regional differences evident. Atlantic Canada vastly outperformed their prior year with 46% higher volumes on about 8% transaction growth; mainly due to a much-needed recovery of accommodation business. Quebec was also relatively strong with dollar volumes up 13% on underlying 9% transaction growth. At the other end of the scale Alberta saw revenues decrease 7.6% and the Prairies were flat. Ontario and British Columbia enjoyed modest growth of about 6%. Nevertheless, National YTD Revenue increases over prior year are 25%, enjoyed by all regions of the country. This is largely due to early season increase in rounds played, augmented by improved F&B sales and likely an improved average rate. August transactions decreased 1.9%, with declines in western regions more than offsetting the growth seen in Quebec and Atlantic. YTD Transactions remain 16.7% ahead of 2020 levels.