GBA's "2021 Stock Phantasma"

stonedinvestor said:
The 4 locations you speak of are the new concept Putteries but they also have all the Drive Shack locations that I have been posting and then the golf courses...

By the way Golf itself outside = way up!@!! > The sport is on the rise.
More...

No no no no.

The Putteries aren't even built yet.

"Puttery - Our new, indoor entertainment golf experience expected to debut in summer 2021, with the first two venues opening in Dallas, Texas and Charlotte, North Carolina."


The Driveshacks are the 4 locations.
Here:
https://www.driveshack.com/locations/

And they have huge competition.

It's called Top Golf.
Same concept. Check em out.
https://topgolf.com/us/

Oh... and Top Golf has "a few" more locations. ;)

Alabama
Arizona
Arkansas
California
Colorado
Florida
Georgia
Illinois
Indiana
Kansas
Louisiana
Maryland
Michigan
Minnesota
Missouri
Nebraska
Nevada
New Jersey
New Mexico
New York
North Carolina
Ohio
Oklahoma
Oregon
Pennsylvania
South Carolina
Tennessee
Texas
Utah
Virginia
United Kingdom
Australia
Germany
Mexico
United Arab Emirates
Du

Alabama
Arizona
Arkansas
California
Colorado
Florida
Georgia
Illinois
Indiana
Kansas
Louisiana
Maryland
Michigan
Minnesota
Missouri
Nebraska
Nevada
New Jersey
New Mexico
New York
North Carolina
Ohio
Oklahoma
Oregon
Pennsylvania
South Carolina
Tennessee
Texas
Utah
Virginia
United Kingdom
Australia
Germany
Mexico
United Arab Emirates
Du
 
  • Ok that's why they won't pick up the phone at The Puttery I thought they were too busy.

  • 60 golf course properties across the U.S.>--- Beat that! Top Golf! Ha! They can't even water their links! Hey but maybe we'll use our 86 MILLION TO SWALLOW YOU UP!!!

  • Drive Shack reported a balance sheet cash position of $86 million as of February 28th, 2021 which includes approximately $50 million raised through an equity offering completed in January. The company believes that current liquidity is sufficient to fund its development costs for 2021 while signaling an intention to tap debt markets later this year to fund 2022 construction costs. While management is not offering earnings or sales guidance for 2021, comments in the press release and conference call projected optimism in the year ahead with an expectation that operations normalize. From the press release:

    As we look ahead into 2021, our focus remains on strategic priorities to drive growth and profitability, including the launch and expansion of Puttery, capturing market share using data and analytics, growing brand awareness and advancing technology and innovation to remain at the forefront in our space. With our currently liquidity position and relatively unlevered balance sheet, we can maintain flexibility and optimize our capital stricture to be better positioned to react to future business needs. We believe 2021 will be a momentous year for us that is carried by a team that sets us apart and will drive us forward.



  • Drive Shack posted a positive EBITDA Q1 on what it says was strong momentum for both the Drive Shack and American Golf businesses.


 
At Drive Shack we have an ethos and we have the most modern technology. Top Golf has this awful rep--

Topgolf lawsuit: Workers faced years of unchecked sexual harassment
Former Topgolf employees allege sexual assault. (Las Vegas Review-Journal)
14954557_web1_TopGolf-combo.jpg

Ciara Williams, Elba Servin and Brian Gomez are among at least five former Topgolf kitchen employees publicly speaking out about alleged sexual harassment and abuse at the well-known sports entertainment company's Las Vegas flagship. (Las Vegas Review-Journal)
14954557_web1_TOPGOLF-ASSAULT-OCTXX-20-BT05.jpg

Silvino Hinojosa, a former Topgolf Las Vegas sous chef, <-- Hold Up this cat aint touching my food Van!! Hold The F Up- This is low class!!! This Top golf for boardereline maniacs... enters a Regional Justice Center courtroom in October for a brief court hearing in one of two pending sexual assault cases against him. (Bizuayehu Tesfaye/Las Vegas Review-Journal)
14954557_web1_5sex-9.jpg

(Clark County District Court lawsuit)
More Stories


Updated April 5, 2021 - 8:35 am
A new lawsuit claims sexual harassment and abuse run rampant in Topgolf’s Las Vegas kitchen, where women routinely work in oversized clothing to conceal their bodies and workers joke that “you have to rape someone” to be promoted.

14954557_web1_TOPGOLF-ASSAULT-OCTXX-20-BT01-6.jpg

Silvino Hinojosa, a former Topgolf Las Vegas sous chef, hides his face during an October court hearing at the Regional Justice Center in one of two pending sexual assault cases against him.
The 24-page lawsuit, filed in Clark County District Court on behalf of three former Topgolf Las Vegas kitchen employees, fits an emerging pattern of allegations that have surfaced in recent years against the well-known sports entertainment company. Court records show that it is at least the fourth lawsuit accusing Topgolf of pervasive sexual harassment in the workplace and marks the second filed in Nevada by attorney James J. Lee.

Since 2016, Lee has said, at least five individuals — four of whom are named plaintiffs in the Nevada lawsuits — have come forward with allegations of assault and harassment by former Topgolf Las Vegas sous chef Silvino Hinojosa. All five worked under Hinojosa’s direct supervision.

“It takes tremendous moral courage to come forward with these allegations, and it is my hope that this process can play a role in helping these survivors reclaim some of what was taken away from them,” Lee told the Review-Journal.

Hinojosa, 39, is described in the Nevada lawsuits as a serial sexual predator who “leveraged his power” over low-level employees, many of them immigrant women.

Oh Van! How Could You!
 
stonedinvestor said:
  • Ok that's why they won't pick up the phone at The Puttery I thought they were too busy.

  • 60 golf course properties across the U.S.>--- Beat that! Top Golf! Ha! They can't even water their links! Hey but maybe we'll use our 86 MILLION TO SWALLOW YOU UP!!!

  • Drive Shack reported a balance sheet cash position of $86 million as of February 28th, 2021 which includes approximately $50 million raised through an equity offering completed in January. The company believes that current liquidity is sufficient to fund its development costs for 2021 while signaling an intention to tap debt markets later this year to fund 2022 construction costs. While management is not offering earnings or sales guidance for 2021, comments in the press release and conference call projected optimism in the year ahead with an expectation that operations normalize. From the press release:

    As we look ahead into 2021, our focus remains on strategic priorities to drive growth and profitability, including the launch and expansion of Puttery, capturing market share using data and analytics, growing brand awareness and advancing technology and innovation to remain at the forefront in our space. With our currently liquidity position and relatively unlevered balance sheet, we can maintain flexibility and optimize our capital stricture to be better positioned to react to future business needs. We believe 2021 will be a momentous year for us that is carried by a team that sets us apart and will drive us forward.



  • Drive Shack posted a positive EBITDA Q1 on what it says was strong momentum for both the Drive Shack and American Golf businesses.


More...

They diluted the spit out of their stock to raise that cash.

I like this:
"The company believes that current liquidity is sufficient to fund its development costs for 2021"

'Believes'?
Sounds like more dilution on the way.

60 Golf courses is nothing. Many they just manage anyway.

Now ya wanna talk deep pockets?

Who owns Top Golf?

I'll give you a hint.
They have a market-cap of $2.6B and have a presence at EVERY golf course in the world.

Give up?

Calloway
Beat that.
 
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