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Rossdale Buying Capital Golf Club

Rossdale capital purchase

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#1336 Deege

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Posted 15 July 2019 - 03:45 PM

Is the Rossdale membership year Jul-Jun?

How are the renewals going this year?

Is there a waiting list to become a new member?

 

I know that they are recruiting hard.  I am getting both email, addressed snail mail and letterbox drops with special membership deals.


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#1337 golfguy33

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Posted 16 July 2019 - 10:13 PM

Rossdale GC have put on atleast 160 + members in varying categories over the last 6/12 months.
Most have taken up offers and deals, it will be interesting to see how many continue into the future, regardless of how much it costs.
The question from the new members will definitely be, how long before we get to play at the Capital fulltime and that could determine who stays and or goes in the short term !
Jon...

#1338 *Mouldy

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Posted 07 August 2019 - 08:42 PM

Interesting that the annual report and notice of AGM haven’t happened yet. Several weeks later than 2018.

Auditors struggling to sign off ?
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#1339 Spade

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Posted 07 August 2019 - 08:55 PM

Interesting that the annual report and notice of AGM haven’t happened yet. Several weeks later than 2018.

Auditors struggling to sign off ?


AGM notice is out & Auditors have signed off.. where you getting your info ?

#1340 *Mouldy

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Posted 07 August 2019 - 09:24 PM

AGM notice is out & Auditors have signed off.. where you getting your info ?

From the lack of info. Nothing published on the web for the first time.

Would you like to post the annual report so we can see how RGC is really travelling ?
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#1341 Spade

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Posted 07 August 2019 - 10:09 PM

From the lack of info. Nothing published on the web for the first time.

Would you like to post the annual report so we can see how RGC is really travelling ?

I said AGM notice posted

#1342 golfnut12

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Posted 07 August 2019 - 11:02 PM

Oh spade. You shouldn’t speak excrement. Under Australian corporate law all incorporated clubs need to PUBLICLY post their notice of AGM and Annual reports 21 days prior to the AGM. No ifs or buts, you can’t hide it away in a members only section. Naughty naughty BOD. I wonder what ASIC would think of the lack of transparency. Might have to notify them tomorrow

Edited by golfnut12, 07 August 2019 - 11:04 PM.


#1343 Spade

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Posted 07 August 2019 - 11:11 PM

Oh spade. You shouldn’t speak excrement. Under Australian corporate law all incorporated clubs need to PUBLICLY post their notice of AGM and Annual reports 21 days prior to the AGM. No ifs or buts, you can’t hide it away in a members only section. Naughty naughty BOD. I wonder what ASIC would think of the lack of transparency. Might have to notify them tomorrow


No idea

#1344 golfguy33

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Posted 07 August 2019 - 11:18 PM

Hook and no bait, what a simple scenario !
I hadn't thought of that approach to catch a director :)
Jon...

#1345 *Mouldy

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Posted 08 August 2019 - 10:31 AM

No idea

Not a good defence for a director of an incorporated vehicle trading whilst insolvent.
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#1346 Spade

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Posted 08 August 2019 - 10:34 AM

Not a good defence for a director of an incorporated vehicle trading whilst insolvent.

Best you show the forum , the documents, where the club is trading while insolvent. Big accusation IMO.
We all await

#1347 *Mouldy

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Posted 08 August 2019 - 11:10 PM

Best you show the forum , the documents, where the club is trading while insolvent. Big accusation IMO.
We all await

Need to see the annual report and the notes attached ! What’s being hidden ?
Shanklink


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#1348 Spade

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Posted 09 August 2019 - 05:16 AM

Need to see the annual report and the notes attached ! What’s being hidden ?

You said RGC was trading insolvent !! Proof please

#1349 OldBogey

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Posted 09 August 2019 - 09:03 AM

You said RGC was trading insolvent !! Proof please

 

If the annual report was publicly released, that would be the proof one way or the other.


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#1350 *Mouldy

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Posted 09 August 2019 - 09:08 AM

You said RGC was trading insolvent !! Proof please

I said your defence was pretty poor if RGC is trading whilst insolvent. Your English comprehension skills match your general intelligence.

The lack of a published annual report reeks of
Potential mismanagement
Precarious financial position
Dwindling membership and future cash flow projections

Which of the above potentials are you hiding ?

Has the operating cash flow deficit exceeded $700k this tear ?

Show us the report if everything is ok.

I’ll be back in Melbourne next week and can get a copy from an old work colleague IF it has been distributed to members.
Shanklink


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