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Bullboard - Stock Discussion Forum 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, 18-hole equivalent academy courses (including three managed properties), at about 35 locations in Ontario, Quebec and Florida. Its... see more

TSX:TWC - Post Discussion

TWC Enterprises Ltd > Woodlands meeting Nov 10.
View:
Post by undervalue on Nov 05, 2021 12:39pm

Woodlands meeting Nov 10.

The City web site has the agenda posted. They are going thru with the meeting Nov 10 at 7 pm.
Over at the Court House, there is a hearing at 8.30 am the same day  for an emergency injunction.
We shall see which rules. 
The City appears to have once again changed direction, saying that part of the meeting will be quasi judicial. This was one of the main complaints of 13th Floor in their court filings.
Not sure if this is another tactic.
What's at stake? 395 home lots. This is valuable, but not really high. I doubt if it is a $1 a share.
Comment by Malpeque2 on Nov 09, 2021 9:29am
My estimate is $50K per developed lot,  minimum.  A lot of the infrastructure is already in place for these suburban golf course redevelopment efforts.   Roads,   power,  water and sewer,   large area around the clubhouse for a multi-unit apartment/condo/assisted living facility.   Where the putting green/clubhouse/driving range/parking lot ...more  
Comment by undervalue on Nov 09, 2021 10:46am
Thanks, my guess of a buck a share is close to your number. I do not know what 13th floor's deal was with Twc. It has been a long time since this started. I would guess they have millions fronted in fees so far. I think this development application will fail till there is a change in make up of the City Commission. If they do not get the injunction,  they will not likely get approval ...more  
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