...COMING SOON!

Found on the homepage of pki.com

http://www2.paramountparks.com/kingsisland/events/events.cfm

WOOT!! Possible X-Flight announcement! But then again i could be wrong.

I think we are geting 1 rollercoaster and 1 thrill ride =D

That would be nice. Do you guys think it will be over the weekend?

Why do you think that Kings Island will get two rides? What leads you to think that? $10 million does not go very far when it comes to rides and capital expenditures.

I HIGHLY doubt they will announce anything on a weekend. Most announcements are made during the week, when more people will tune into the local evening news. Which means that they will reach more people woth news about the new attraction by announcing it on a weekday.

It could be next week though. We'll just have to wait and see. I thought I heard January 15th too though. We'll find out.

It doesnt take 10million to get X-flight , and you can get a major thrill ride for 6mill. Trust me =). Son of Beast is not included in the 2007 program!

How does anyone know what it takes to get X-flight?

Well coming from a reliabe source like Rumor Smasher I too will now jump on the 2 rides bandwagon.

Seriously though, the corrections being made to the track/structure on SoB would not be included in the $10 million figure, but I would think new trains on SoB would be included. There is a good portion of the funds going to new trains, another large part going to the instalation and painting of X-Flight, and the remainder is going towards general park maintence, beautification, and hopefully some reworked resturaunts inside the park.

Smash That

"Major New Announcement!!

Coming Soon!

Paramount's Kings Island "

why are they still calling it PARAMOUNT'S Kings Island?

Maybe they're announcing the official name change as well?

I thought about that too, that it still says Paramount's Kings Island. I just wish they would stop teasing us. Get on with it already. the Park opens in 3 1/2 month's.

http://www2.paramountparks.com/kingsisland...it_calendar.cfm

jan 26!!!!!!!!

Well darn that's a little farther off then I like. But just maybe that's when the first pieces of X-Flight will be delivered to KI. Then they wouldn't be able to keep the secret any longer. Just my guess. If that's the case they are no way, the ride will be ready to go by April 21st. I couldn't see the ride opening before Memorial Day, if we are truly getting X-Flight.

intresting...

Well coming from a reliabe source like Rumor Smasher I too will now jump on the 2 rides bandwagon.

Seriously though, the corrections being made to the track/structure on SoB would not be included in the $10 million figure, but I would think new trains on SoB would be included. There is a good portion of the funds going to new trains, another large part going to the instalation and painting of X-Flight, and the remainder is going towards general park maintence, beautification, and hopefully some reworked resturaunts inside the park.

Smash That

Woah, where do you know for a fact that the SOB work is not included in the 10 million dollar figure and where has it been said that there are new trains coming? In all the press releases and the info on KI it is said that there will be lighter trains, not exactly new trains. You can make the current trains lighter. Remember, over time many things were added to these trains, it would be far cheaper to just lighten them and re-modify them rather than put in an order for a production facility to fabricate new trains. Also, no one wanted to manufacture trains in the first place for the ride because they feared an accident, now that an accident has happened, whos gonna step up? They're most likely just going to lighten the current trains.

:-\

not likely at all.

$10 million in capital improvements. The SoB repairs are more along the lines of maintence and would not be accounted for the same as capital improvements, like new rides, paint, resturants etc... Does winter rehab on all the rides fall under capital improvements?

Yes nobody wanted to build trains for SoB in the begining, that is also when the ride went upside down. Now it doesnt so it seems more likely companies would want to build trains if approached. Especially if they were involved in the removal of the loop and redesigning of the ride.

These are my predictions for 2007, just a very educated guess. Nothing more.

or you guys can just wait and stop arguing

:-\

not likely at all.

What are you saying is not likely?

And Railrider, I understand what your saying, and pretty much agree with you about the whats considered a capital investment and whats not, but I just dont see anyone wanting to be associated with that ride after the awful reputation it has gained in the industry. Yes, some may enjoy it, but from a manufacturers stand point I wouldnt want my product associated with it.

you would if you were getting paid to make those trains

Its most likely that they are getting new trains and the coast of the repairs to SoB is part of the 10 million. They annonced all the moneying being spent for the 2007, they don't just leave things out. This is a pubicly traded company they have to make everything they do public.

I'm sure everything will be reviled to us in 3 weeks. What exactly is happening with the 10 million dollars.

While I have absolutely no idea what the $10M in cap-ex entails, I do agree that Railrider's definition of "capital" is correct. Routine maintenance items are not considered capital expenditures in corporate finance. (In fact, coding standard maintenance items as cap-ex was one of the many, many things that got WorldCom into trouble...)

However, the SoB scenario is a little more complicated...would new trains count as a capital expenditure? I'm no accountant, but my thought would be yes. (And, I bet a new train is in at least the six figure range, if not seven...) What about removing the loop? I'm not so sure about that one...it's kind of a maintenance issue, but also could be described as an "amount used during a particular period to acquire or improve long term assets such as property, plant, or equipment" (a definition of cap-ex...)

I will say that I'll be very suprised if the improvements at KI next year include more the relocated X-Flight, fixes to SoB, general park improvements (including possibly a new restaurant or two), and a whole bunch of new trashcans!

^

Very Well Put

Thanks for breaking out the text book definition also, puts Cap Expenditures in a perfect context for everyone.

WARNING THE FOLLOWING STATEMENT IS PURELY SARCASM. IT IS IN NO WAY MENT TO BE TAKEN LITERALLY.

I know for a fact that all of the $10M left over after the installation of X-Flight will go toward the all new trash cans with the new KI logo on them.

Its most likely that they are getting new trains and the coast of the repairs to SoB is part of the 10 million. They annonced all the moneying being spent for the 2007, they don't just leave things out. This is a pubicly traded company they have to make everything they do public.

And how can you say it is most likely they are getting new trains? What proof do you have? Being a ride op a Geauga Lake does not mean you know what is going to happen to a coaster at a park you do not work at. Also, who would build such new trains? Keep in mind, they would have to be custom made for the track guage SOB uses.

I will clear things up,

Son of Beast is not geting new trains!

Son of Beast is not apart of the 2007 program

Wait 3 weeks and be ready to have a heart attack when you do see what we're geting.

okay... how is the park paying to get SoB fixed?

and being a ride op has nothing to do with knowing how Cedar Fair brings coasters to their "standards"

Wait 3 weeks to have a heart attack? Why because we are getting X-Flight?

Please explain why anyone would have a heart attack over this announcement? Details would be greatly appreciated...