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CF puts all FIVE of its Chaos Rides Up For Sale


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Wow, if Cedar Fair can successfully sell some of the things that they have on sale, they could help lower their debt some. I mean, they have the Hollywood Stunt show for sale through ITPS, ant then the sale listing for Hypersonic, and now the Chaos rides.

I personally have never ridden Hypersonic, but from what I understand, they have had some major issues with the trains on that ride. And the fact that they only hold like twelve or sixteen people means that it is a low capacity ride. So, it is really no big surprise that they have placed the ride for sale. It will be interesting to see if they don`t have a buyer for the ride by the end of March if they will open that ride this season.

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CoastersRZ, the trains have four cars; each car has a single row, each row holds two people = eight people per train.

Although they have four trains, they seldom run more than two. The ride seems very unreliable, opening and closing, seemingly (but not really) on a whim. And then there are whole days sometimes that it doesn't even open.

Add to that the very slow loading when it IS open and you have very low capacity indeed.

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Wow, if Cedar Fair can successfully sell some of the things that they have on sale, they could help lower their debt some. I mean, they have the Hollywood Stunt show for sale through ITPS, ant then the sale listing for Hypersonic, and now the Chaos rides.

Of course, even if they sold everything they have for sale at the asking price, you're still only talking about proceeds of only around $1M, which is a drop in the bucket compared to the $1.75B debt. But still, an extra $1M in the bank never hurt anyone :)

They have been able to reduce the debt by $250M through a new public offering. However, you can only do that so so many times before you end up with a unit holder revolt...

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Interpreter, I knew the trains didn`t hold a lot, but since I`ve never ridden it, I didn`t know exactly how many they held. (I visited Kings Dominion in 2000, the year before they installed Hypersonic). Regardless, the capacity on the ride when it is operating normally is minimal.

Yes, the money raised from selling those rides will not be great in comparison to their overall debt, but a penny saved is a penny earned. Have they made the public offering of $250 million more of units yet? I know they were planning on doing it towards the end of the year, but had`t heard when exactly they were going to be doig this.

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