Everything posted by Cory Butcher
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2011 what should KI get
Fixed...long day...
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2011 what should KI get
^When I proof-read, it read "three". When I posted and re-read it, I had definitely wrote "two", so I edited it as soon as I posted.
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2011 what should KI get
I just love watching people waste their time! This is fascinating, we have people comparing topographical maps to different areas of different parks. And so far, out of hundreds of theme parks, only three have been discussed SDC, KI, and BGW. My head hurts! Without exact measurements lots of land profiles look the same throughout the United States (and abroad)! But, have fun as you will!
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Kings Island Job Fair
Kings Island is pretty flexible with schedules...you just need to give your availability for each month and they try to schedule around your conflicts, so long as you don't have too many conflicts! If you have any more questions feel free to PM!
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2011 what should KI get
Since someone thinks I am not commenting, I'll just say it again. It sure does look like familiar terrain.... Just to check my assumption, isn't most amusement park terrain likely familiar to Terpy? I wondered how long that would take someone...bout darn time!
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Cedar Fair: Sale? Re-Finance? What Next?
Would you say that it could give a rational man a headache? Is it possible the author was hyper?
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Cedar Fair: Sale? Re-Finance? What Next?
Good point Terpy, we are being thrown for a loop! Ugh...
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2011 what should KI get
It should be pointed out that those numbers are not official attendance figures, and that much has changed since 2007.
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Why doesn't Cedar Fair do this!?
Dropzone, you raise a good point....but, you should go look at the cost of ownership for wooden coasters. Steel coasters have relatively little maintenance needs other than general upkeep once installed. With wood coasters, there is a marriage of sorts between constant maintenance/refurbishment and the park. Then, you have to look at what generally catches the public's eye in terms of return on investment. Steel coasters typically are a bigger draw. To the mainstream public, they often may appear safer as well. Cheaper is not always as it appears...keep in mind that 90% of the iceberg is typically under the surface! And believe me, you don't want to be too much like Holiday World. Kings Island would not exist in its current state and size if it only pulled in a million guests a year!
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Kings Island "Inside Jokes"
Technically doesn't the biggest inside joke reside in a box somewhere up Rivertown way next to The Beast lurking in the woods?
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Cedar Fair: Sale? Re-Finance? What Next?
hmmm..."best offer possible for their own gain"...uh....oops?
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KENTUCKY KINGDOM CLOSED
That was worded very well...I feel the same way. At least one person here greatly enjoys the Georgia Cyclone, another Adventure Express, still another yet feels that Thunderhead is the best wooden ride he has ever ridden and that Kumba is is his favorite roller coaster overall. Seems to me, height should have absolutely nothing to do with it. Some of the most over-rated rides in the world are over 300 feet tall! I think if you asked most which they preferred, "Drop Tower" at KI or "Tower of Terror" at Disney World's Hollywood Studios, their answer would be instantaneously in favor of the latter!
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Carowinds 3/27/2010 Roll Call
I should be going, but that depends on RZ's schedule... I made plenty of money snow-plowing this winter, so most of my park trips for this year are paid for, if only people are interested in going!
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SIX FLAGS BANKRUPTCY: MOST RECENT DEVELOPMENTS
This has been a very interesting few years for the amusement and leisure industry. Life keeps shakin' the trees and the nuts just keep falling. I can't help but think after this period of cleansing has washed through the industry we will see some growth again... I have generally held the opinion that Shapiro and company have been on the right track in improving Six Flags. December 14th of this year, should he remain employed that long, will be Shapiro's 5th year at the helm of CEO. Five years later, all the cost cutting measures at the parks have still generated bankruptcy. If one were to believe in five year plans, now is the time for a rebirth not further decline. I just am left to wonder if the measures which have been taken so far are even enough post-bankruptcy. Maybe it is time for a change at the top. I have always wondered what the marketing or corporate team was thinking in the past few years when a season pass (at a certain park, yet valid to all SF parks) could be had for nearly 1/5 of the price of a Cedar Fair Platinum pass.
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KENTUCKY KINGDOM CLOSED
Does this possibly mean that Metro Council is saying, "Hey, fair board, except the profit sharing lease or some other equivalent!"? It seems that if Six Flags does still own the rides regardless of where they sit, then a new lease would have to be negotiated to meet the council's wishes.
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Cedar Fair: Sale? Re-Finance? What Next?
I am re-posting what I posted in the FUN Earnings Release topic, as it is directly important to this thread in particular. Cedar Fair Reports Full-Year and Fourth Quarter 2009 Results http://finance.yahoo...9.html?x=0&.v=1 As rollerNut stated this looks top be a decent earnings release, but, one very curious item is included: Year End EBITDA for 2009 was $299,900,000 (299.9 Million). From the Proxy: (Emphasis mine) EBITDA for 2009 came in at more than $11.9 Million BELOW the required amount in the transaction. I will let you ponder to yourselves how this affects the transaction...
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FUN earnings release
Cedar Fair Reports Full-Year and Fourth Quarter 2009 Results http://finance.yahoo.com/news/Cedar-Fair-Reports-FullYear-prnews-2508425969.html?x=0&.v=1 As rollerNut stated this looks top be a decent earnings release, but, one very curious item is included: Year End EBITDA for 2009 was $299,900,000 (299.9 Million). From the Proxy: EBITDA for 2009 came in at more than $11.9 Million BELOW the required amount in the transaction. I will let you ponder to yourselves how this affects the transaction.
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Cedar Fair: Sale? Re-Finance? What Next?
The price action of the stock tomorrow is going to be interesting to say the least! And, Interpreter, that "Meeting scheduled" font is god-awful!
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Cedar Fair: Sale? Re-Finance? What Next?
According to the SEC, as of February 9, 2010, Mr. Geoffrey Raynor now beneficially owns roughly 10,021,400 units or 18.15% of outstanding Cedar Fair units..
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A Victory For Kings Island Is A Victory For Mason!
I don't think "sleaze" even comes close to defining that man. I was not at the tax rally, however, I did read his speech on his pathetic excuse for a website. One item in particular stands out as dead wrong. He states, "Unskilled volunteers are not adequately trained, and have been placed on ride platforms, posing a safety threat to riders." This is absolutely UNTRUE. I have NEVER seen or heard of an "unskilled" volunteer being placed on a ride platform. Kings Island takes the safety of riders extremely seriously.
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Cedar Fair: Sale? Re-Finance? What Next?
Interpreter, do you happen to know why Mr. Geoffrey Raynor is buying up units with both Q4 Funding and Q Funding? Or, rephrased, what would be the advantage to owning units with two different entities?
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Vote for Diamondback as Best Steele Coaster in LA Times Poll
Does this need a 2/3 vote to pass? Yes...I absolutely HAD to go there!
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Help Needed. Please?
I can tell you this...although you may not find all the research pieces you need to compile this paper, I urge you to contact some smaller parks around America and interview people in the industry. Some of the best research sources are the ones you must compile yourself. If you have some interview quotes thrown in your paper that will differentiate from the rest of the papers!
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Way Too Much TV Logo
I really dislike that logo. I agree with the above statements.
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Cedar Fair: Sale? Re-Finance? What Next?
I was only speaking in the terms of Cedar Fair's original press release: Cedar Fair AGREES TO BE ACQUIRED BY AFFILIATE OF APOLLO GLOBAL MANAGEMENT I had heard about the bonds situation but that is all speculation at this point. Typically we know debt is held on the books of the acquired company, but I have seen it stated both that Apollo will be refinancing the debt and that the situation you have described would prevail.