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PRESIDENT’S REPORT – OCTOBER 2019

11 October 2019

This month is an opportune time to update how we are progressing in implementing the 3 year strategic plan. • The development application for stage 1 of the 3 year plan (Northern Terrace) has been approved by council and construction of the Northern Terrace and Top Bar renovation will commence in February 2020 as we are…

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PRESIDENT’S REPORT – SEPTEMBER 2019

11 September 2019

Dear Members, I would like to congratulate Warren Gorton from Hawkes Nest Golf Club for winning the Shelly Beach Coast and Country Insurance Open Amateur with a score of 73, this was a unique win with Warren also taking the honours in the seniors event. Local Members Jordan Garner shot 75 and Kieren Jones shot 77…

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PRESIDENT’S REPORT – AUGUST 2019

26 July 2019

Dear Members, I reported last month that I was pleased to report a succesful year for the club, which has subsequently allowed the club to pay down its line of credit to $1,000, this is excellent news as it leaves us debt free apart from operating leases on plant and equipment. I would like to thank…

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PRESIDENT’S REPORT – JUNE 2019

21 May 2019

Welcome to the June edition of Pin High. I would like to thank the staff and members who attended in high numbers to our information meeting on Monday the 27th of May where the 3-year strategic plan was released. The plan has been released at a time when there is considerable consolidation in the golfing landscape.…

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PRESIDENT’S REPORT – MAY 2019

10 May 2019

I am pleased to report that trading continues to be buoyant with revenue to the end of the 3rd quarter up 10% at $6.7 million and profit up nearly $400,000 above last year’s loss of <$36,000>. This year’s trading result provides great foundation to implement the strategic initiatives contained in the 3-year plan that will be…

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PRESIDENT’S REPORT – APRIL 2019

10 April 2019

The excellent weather conditions, continued great membership support for Aqua and entertainment programs saw the trend of improved financial performance continue in February. Whilst we expect the improved financial trend v the previous year to continue we have seen in the last week of March and the early days of April some reduction in the size…

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PRESIDENT’S REPORT – MARCH 2019

4 March 2019

Welcome to the March edition of Pin High. January trading results continued the improvement seen in previous months with Revenue of $808,826 and a profit of $91,079. We are one of 1,500 registered clubs in NSW that operate a non - profit members based model and industry figures show that over 50% are feeling some financial…

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PRESIDENT’S REPORT – FEBRUARY 2019

7 February 2019

Welcome to the February edition of Pin High. December’s trading results continued the improvement seen in previous months with Revenue of $992,000 and an EBIT of $127,000. There is not one single reason for the improved operating results, it is a mixture of the following: 1. Prudent control of expenditure. 2. An increase in quality and…

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PRESIDENT’S REPORT – JANUARY 2019

3 January 2019

Welcome to the January 2019 edition of Pin High. 2018 was a year where the club: • Made improvements to the 10th and 13th tee blocks. • Upgraded the irrigation around the 7th and 14th greens. • Invested in a new mowing equipment for the greenside aprons. • Refurbished the member lounge. • Upgraded the entertainment…

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PRESIDENT’S REPORT – NOVEMBER 2018

31 October 2018

Congratulations to our Gold Member Jan Stephenson who has been nominated for induction into the World Golf Hall of Fame next year. Jan thoroughly deserves this honour with her outstanding career and prominent profile in the golfing community worldwide. She created the precedent of success which inspired so many Australian golfers to take up the challenge…

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