Do you think KI will continue to be owned by CF?

I think KI will stay with CF.

Only way I can see Kings Island being owned by another chain would be if CF went through some kind of bankruptcy. Personally, I don't see that happening for a very, very long time.

The one thing certain in business is that unpredictable things can and do happen. Barring that, Cedar Fair sees Kings Island as one of its most important assets.

Cedar Fair seems to see Kings Island as one of the most profitable and popular parks that they own besides Cedar Point, which would lead me to believe that they would hold on to KI as long as they could if they were going through hard times.......If they were in a situation where they had to get rid of one of the parks they own I could see it being more likely to discard Michigans Adventure......

Cedar Fair seems to see Kings Island as one of the most profitable and popular parks that they own besides Cedar Point, which would lead me to believe that they would hold on to KI as long as they could if they were going through hard times.......If they were in a situation where they had to get rid of one of the parks they own I could see it being more likely to discard Michigans Adventure......

Why Mi. Adventure? They have already tried to dump Valleyfair and Great America. Mi.A. to my knowledge does pretty well for its self and haslow competition. Canada's Wonderland has the highest attendance of thr seasonal parks, a captial firm would buy low and want to sell high. Correct me if I am wrong, Six Flags made a pretty penny from WoA and CF got Paramount Parks for a steal.

CF got Paramount Parks for a steal.

Um, no.

Diamondhawk avoiding a two word post.

And Cedar Fair got Worlds of Adventure for substantially less than Six Flags had invested in it.

At the end of the day it is a business, KI will continue to be owned by CF until somebody lays down an acceptable offer in CF eyes. No, I do not believe KI will ALWAYS be in CF ownership.

Cedar Fair bought the Paramount chain for 1.24B

There were 5 Paramount parks.

So about 248M for each park.

I would bet if someone offered 250-270M for KI in cash, they would sell it off in a heart beat.

I bet KI would go for about 300 to 350 million figures today, and in a heartbeat they would sell for sure!

But remember, that the value in owning a park is not just the value of the park. It is also in the money that the park can generate for the company.

KI worth should be very high, as they will probably have a 2nd or 3rd gate in the future!

Eventually there will probably be a new amusement park company that could be a potential owner but only time will tell.

There were five parks but seven properties total at a value of $177 million. That includes the management contract for Gilroy Gardens and Star Trek: The Experience. Geauga Lake didn't fall down just under Cedar Fair, my opinion is SFWoA was overbuilt.

Cedar Fair paid $1.24 Billion for Paramount Parks. This was just under CBS's dream evaluation of $1.25 billion.

In 2005, the 5 Paramount Parks had revenues of $84 million per park compared to $47 million per park for CF's 12 parks. Those numbers are from dividing the revenue numbers by number of parks. See press release concerning purchase of PP on Rcdb.com

Nothing lasts forever, but it will be a long time in the future. Something that brings in that much profit won't be sold off lightly.

RollerNut: I see what you are doing now. Thanks!

My coffee didn't kick in, seems like I was thinking today was in 2006 hehe. I would agree, KI could fetch a nice price tag, If I had 300-350M i'd love to acquire the park.

Cedar Fair would be stupid if they let go of Kings Island. I would get rid of the other parks(Besides CP) before Kings Island, because we are in direct competition with Cedar Point.

Thats a thing to think about. But it would be good for the parks in some ways and bad for the parks.

Pro: More competition=more roller coaster building

Con: Most people might choose Cedar Point or vice-versa its unpredictable ya know!

In think KI will stay with Cedar Fair for 20 years at least unless Cedar Fair goes into a Six Flags Bankruptcy selling spree.

We can't predict what life throws at us, even in the business world. I don't see CF going anywhere especially with Matt at the wheel, but my opinion could change tomorrow. I am kind of with a few others, if CF were to keep a few core parks during any type of consolidation I think it would be CP, KI, KD, and CW.

Now correct me if I'm wrong but isn't MI Adventure one of the highest profit parks in the chain? Hence why they haven't seen any new rides in 4 years.

For the right price, everything is for sale.

Holiday World apparently was not on the many occasions that Six Flags came calling. Then again, a different management was on both sides of that transaction.

^ The offer from SF obviously was not the right price.

Now correct me if I'm wrong but isn't MI Adventure one of the highest profit parks in the chain? Hence why they haven't seen any new rides in 4 years.

Highest Profit? Sure.

Highest Attendance? Doubt it.

To be honest i'm surprised with the amount of people who don't care as long as park is open. so many were happy with CF running KI instead of Paramount, but yet their is so many that don't care as long as KI is open...

note: that is not judging anyone but I find it a bit odd.

P.S. Like your pic HTCO.

I think the bigger question is whether Cedar Fair will always be Cedar Fair...in the big scheme of things, a market cap of (approximately) $2B isn't a lot if you're a REIT or private equity company looking to make a deal.

My opinion. CF will hold onto Kings Island for a long long long time. For as much money as CF has put into Kings Island, why would they turn they're backs on them now? Last year alone, they did a complete overhaul in expanding the waterpark and putting the Soak City name on it. They put in Diamondback which in all the years I went down there with my family, I thought would never happen. I thought this because I didn't think they had the room. Oh yeah, they also spent a lot of money revamping Spongebob into Planet Snoopy as well as adding WindSeeker. I know I didn't go in order, but you get the point. Here's another opinion from me. CF will strike again in 2014 with a new roller coaster In SOB spot; B&M most likely at the moment.

I think the bigger question is whether Cedar Fair will always be Cedar Fair...in the big scheme of things, a market cap of (approximately) $2B isn't a lot if you're a REIT or private equity company looking to make a deal.

Good point. Here not so long ago, we could have went backwards a few letters in the name of the parent company. Then who knows who they would have sold it to after that!