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Everything posted by DiamondbackFan
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Cedar Fair 2022 Third Quarter Results
DiamondbackFan replied to BeeastFarmer's topic in Other Amusement Parks & Industry News
It's nice to see debt levels normalize. Brian Witherow During the 9-month period, we also generated $310 million in the sale leaseback of the land at our Great America park in Santa Clara, California. Through the first 9 months of the year, we used $264 million to fully repay the company's term loan, bringing total debt outstanding down to $2.3 billion and net leverage back to pre-pandemic levels at 3.7x trailing 12-month adjusted EBITDA at the end of the quarter. Richard Zimmerman "Ben, the other thing that I'll jump back to. When we went into the pandemic, a lot of question marks, we issued a $1 billion bond in April of 2020 to make sure we had adequate liquidity. Yes, you look at what we've done on the capital structure, paying down 90 -- more than 90% of the debt that we incurred to survive the pandemic and get us through. The reinstitution of the distribution, getting down to that 3.7. I'm really pleased with the rapid recovery, if I could put it that way. And I’m really pleased with what we’ve been able to do with the free cash flow to set the foundation on the capital allocation side for how we create some – create even more value for our unitholders. I don’t want to step over that because I think the impact of that rapid recovery has really let us get healthy very quickly. And that’s going to let us drive growth in the future." -
Hersheypark Announcement
DiamondbackFan replied to Orion742's topic in Other Amusement Parks & Industry News
Here is a nice drawing of the layout by user RrevinEvann on reddit. -
Hersheypark Announcement
DiamondbackFan replied to Orion742's topic in Other Amusement Parks & Industry News
https://www.hersheypark.com/explore-the-park/rides/wildcats-revenge/ -
Kings Island Announces Adventure Port for 2023
DiamondbackFan replied to Coasterteam's topic in Kings Island
From the specs on Zamperla's website, the height in operation is 20.5 m ( 67.3 ft) for the 24 passenger and 20.9 m ( 68.6 ft) for the 48 passenger. https://www.zamperla.com/products/endeavour/ -
If the park is getting another B&M, I would prefer a sitdown or floorless coaster with 7-9 inversions over a Surf, Dive, or Wing coaster. Sort of a modern Vortex from B&M.
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Your Kentucky Kingdom 10 year plan
DiamondbackFan replied to SonofBaconator's topic in Other Amusement Parks & Industry News
I am guessing a waterpark expansion is coming first. (Mt. Slide Hai, Deluge, and T3 can be removed to make room for this) Once the road running through the park is removed by the Kentucky State Fair Board, I would like to see some new Vekoma coasters added. Maybe a Super Boomerang, Tilt coaster, or a launch coaster. Super Boomerang at Fantawild: Tilt Coaster: Launch coaster: Kentucky State Fair Board proposal: -
Six Flags Earnings & Attendance Misses
DiamondbackFan replied to jzarley's topic in Other Amusement Parks & Industry News
https://seekingalpha.com/news/3872248-keybanc-calls-six-flags-earnings-indefensible-in-downgrade?mailingid=28707525&messageid=2900&serial=28707525.851&source=email_2900&utm_campaign=rta-stock-news&utm_content=link-1&utm_medium=email&utm_source=seeking_alpha&utm_term=28707525.851 Comments from KeyBanc analyst Brett Andress: “The results were indefensible, in our view,” he wrote. “In this tape/macro backdrop, we do not think patience is abundant, and management is likely to be stuck talking into the void until it gets another shot at proving this out next season.” Andress downgraded the stock to “Sector Weight” after the disappointing results, voicing a lack of confidence in management moving forward. In particular, he questioned the credibility of CEO Selim Bassoul at the present moment. “Forgive us for not giving Selim more time to execute here, but this whole endeavor/strategy was pitched as bold to begin with, and in hindsight, we think we all would have been better off had expectations been gutted in the first place, not in the middle of summer,” Andress commented. “Our fear now is that there is no more pricing power to push on these assets, that we've hit the limits of what consumers are willing to pay to experience them.” -
Cedar Fair 2023 Additions
DiamondbackFan replied to SonofBaconator's topic in Other Amusement Parks & Industry News
Appears to be a Mondial Avalanche. -
Cedar Fair 2023 Additions
DiamondbackFan replied to SonofBaconator's topic in Other Amusement Parks & Industry News
I wouldn't be shocked if Power Tower moves to the old Scrambler location and Super Himalaya to the old Matterhorn location. This would allow a new queue for TTD and prevent a narrow midway. -
Cedar Fair 2023 Additions
DiamondbackFan replied to SonofBaconator's topic in Other Amusement Parks & Industry News
Valleyfair is starting work on something: -
Dollywood New 2023 Attraction
DiamondbackFan replied to Orion13's topic in Other Amusement Parks & Industry News
https://www.dollywood.com/themepark/rides/big-bear-mountain/ -
Cedar Fair 2023 Additions
DiamondbackFan replied to SonofBaconator's topic in Other Amusement Parks & Industry News
I went back and listened to the recording of the call again. At 23 minutes and 54 seconds: "Next Thursday we will be unveiling our 2023 capital investment program. Sharing with our guests, communities, and associates a first look at what exciting rides, attractions, and immersive entertainment are coming to our parks and resort properties." -
Cedar Fair 2023 Additions
DiamondbackFan replied to SonofBaconator's topic in Other Amusement Parks & Industry News
I was listening to the earnings call on Cedar Fair's investor page. https://ir.cedarfair.com/overview/default.aspx#upcoming-and-presentations Fool.com and seekingalpha.com will probably post the transcript of the call this afternoon. -
Cedar Fair 2023 Additions
DiamondbackFan replied to SonofBaconator's topic in Other Amusement Parks & Industry News
According to today's earnings call, all Cedar Fair announcements will be next week. -
Cedar Fair 2023 Additions
DiamondbackFan replied to SonofBaconator's topic in Other Amusement Parks & Industry News
Rumors: Knott's Berry Farm: Montezuma's Revenge upgrades/retrack and Fiesta Village refresh Kings Dominion: Jungle X-Pedition phase 2 with more rethemed rides Canada's Wonderland: Survey markings in the Camp Snoopy area, possible update/expansion -
Carowinds 2023 Plans Leaked
DiamondbackFan replied to FUN&ONLY!'s topic in Other Amusement Parks & Industry News
As expected: -
Dollywood New 2023 Attraction
DiamondbackFan replied to Orion13's topic in Other Amusement Parks & Industry News
The layout leaked a long time ago and I believe we have shipping records from Vekoma. https://panjiva.com/The-Dollywood-Co/2610316 2022-03-18 THE DOLLYWOOD CO. VEKOMA RIDES MFG. B.V. ROLLER COASTERS (AMUSEMENT PARK RIDES AND WAT CONTAINER CONTAINING 14 PACKAGES SET OF FOUNDATION FOR AMUSEMENT RIDE HS CODE 950821 FREIGHT PREPAID SHIPPERS LOAD STOW COUNT AND WEIGHT EXPRESS B/L NON-NEGOTIABLE WAYBILL SHIPPED ON BOARD -
DisneyWorld Fight 7/20/22
DiamondbackFan replied to disco2000's topic in Other Amusement Parks & Industry News
They need to raise prices and stop being a budget chain. /s -
Hersheypark Wildcat closing
DiamondbackFan replied to Oldiesmann's topic in Other Amusement Parks & Industry News
What do you mean? Titan track with infinity flyer trains can do the same things as RMC I-Box track. -
Kentucky Kingdom
DiamondbackFan replied to sccard01's topic in Other Amusement Parks & Industry News
The Kentucky State Fair Board is proposing redeveloping part of the Fairgrounds property with a youth sports complex, hotels, and restaurants. Several other improvements that benefit Kentucky Kingdom can be seen in the draft site plan. The road that currently cuts through the park would be redirected around the park, new VIP parking lot, redesigned access and drop off area by the park entrance, and a new parking lot and RV area. https://bloximages.newyork1.vip.townnews.com/wdrb.com/content/tncms/assets/v3/editorial/6/7a/67a0e7ea-dc64-11ec-8a64-0f8c94d3b97c/628e8966b17a9.pdf.pdf https://www.wdrb.com/news/business/millions-from-state-could-revamp-kentucky-expo-center-with-sports-complex-hotels/article_d682bd54-dc60-11ec-b60e-633df27ae2b8.html