I think it is possible great America could get an rmc raptor. I was there yesterday and I noticed near the Superman there is a small pile of brand new gray support beams 👀
A few comments: The Adirondack Outlaw/Catwoman's Whip rides are very low capacity and only fit for small parks with low attendance. It would be a good fit for Darien Lake though. I totally agree that Hurricane Harbor in New Jersey needs a water coaster. That park gets slammed on hot summer days, and they really need more rides. My only question is whether they can staff them, which they seem to struggle with now. Great Adventure will finish Barnstormer. I think they're doing the installation in-house (it's a relocated ride), but now that the park is open daily, it's really difficult to get anything done. I think there are 2 other kid's rides that were removed from the Looney Tunes Seaport section when it was removed to build Jersey Devil. I think it's possible those get reinstalled too. Six Flags New England's biggest gap is a launch coaster. They have none, and it would be a much better fit than a dive. They can also combine the Goliath plot with the Flashback plot to get a better layout. I'm not yet convinced that any new coaster is coming in 2023 as I don't see any survey markings in the area yet. If Great America gets an RMC Raptor, then it's going to be the Great Adventure/Magic Mountain version. Great America is a large park, and the Fiesta Texas version has terrible capacity. It doesn't necessarily have to be the exact same layout, but it's going to have 4 trains and continuous loading.
Good points here - Darien Lake (I’m visiting for the first time soon) is likely small enough, and same with La Ronde, Frontier City like you said. Is Barnstormer a set 2023 addition? Do you think they’re gonna market it as a “new for 2023” or just put it in and not say anything? Something like Maxx Force could work for SFNE as well. When did SFGA start on Maxx Force? I’d imagine it would be small enough to put in pretty quickly
Also do you think it’s possible for them to be cheap and put in the small version. It’s capacity (650) would be somewhat similar to Golaiths (800), and we all know how cheap they can be
I think Great Adventure is getting Barnstormer for next year not sure though it feels like it because it’s taking a while. Six Flags Great Adventure’s Hurricane Harbor kind of sucks so I feel a water coaster would be so good
What are you talking about? SF hasn't built giant coasters since their 2009 bankruptcy. Also, adding a new ride every year 2to each park lead to low cost cloned rides..ie//4D free spins going to 7 parks. Stopping that is a good thing. You shouldn't make generic statements on the debt & finances of the industry, the fact is SEAS & Cedar Fair are producing record results the last few quarters & the only regional chain that isn't is SF. Don't expect a good earnings report in August for SF, they have cut hours at every park across the chain & the CEO's strategy of less guests & higher cost is tenuous.ru-vid.com/video/%D0%B2%D0%B8%D0%B4%D0%B5%D0%BE-IZcb6TxbT5s.html
@JJV1224 It's an inexpensive mini dive that cost 11-12M, same specs virtually as SWSD..nothing about it was "giant", SF doesn't buy giant coasters since bankruptcy, they purchase small, inexpensive ones.
A lot of good points here- I’d argue that $15M+ coasters are large in terms of costs (WCR, Jersey Devil, Wonder Woman) and are very significant coasters (I wouldn’t call something like JDC small). I’m def not an equity research analyst but I do understand that Cedar Fair has significantly increase their debt, and their interest expense has been larger than their operating income over the past year, so I’d argue they’re struggling a bit. But I agree with your comments about clones and reduced costs, and SEAS and FUN will have strong top line numbers for sure
@@coasterking836 Cedar Fair is not struggling at all. Their debt is good debt, they bought Paramount parks, Schliiterban, Sawmill Creek resort, land under CGA(just sold for 160M more than they paid, etc.. It is debt from things that are producing revenue, net income now and in the future. They are investments unlike Six Flags debt which is from stock buy backs, inflated compensation, etc..Things that will produce no long term return. Cedar Fair paid back a 450M note back 2 years early last fall.They stated part of the proceeds from CGA sale will go for more debt reduction and also investment in resorts/hotels , other projects with high ROI. They are also are reinstating their dividend by Q3. If you're struggling you do not do the things I just listed. You instead hoard cash and keep excess liquidity. CF is producing record results since they went to full ops Q3 2021.
@@grobble8954 Congrats on the MBA, lol, I definitely don't have as much knowledge but I am still interested. Do you think they're concerned at all about their debt? I'd argue a 15x D/TTM EBIT is high (SIX is about half of it) and I think the CGA land sale was a play to reduce that balance (as you said). Long-term ROI investments shouldn't help won't help the margin shrinking they're seeing from high interest in the short term. I 100% agree that reopening their parks to capacity should bring them to record top-line numbers, I'd just argue their bottom line isn't going to be as good as they would want, causing them to add fewer major rides, is all I'm saying. Also SIX has had pretty decent per capita spending growth over the past few years, so I don't think they're earnings will be that bad even though attendance might be down
@@coasterking836 Debt /TTM is skewed from the pandemic, it's literally irrelevant. The debt covenants for all chains excludes it for that reason. The are basing the leverage to comply with the covenants on 2019 and will factor in 1 quarter to replace 2019 in 2021 as they proceed thru 2022. SF per capita spend growth is partly from changes in accounting on how they claim revenue. Also, because people were paying who weren't actually going to the park. People were paying during the pandemic and 2021 who were attending not or all or less. Ideal for any chain is per cap increases while maintaining and even better increasing attendance. SF is in cost cutting mode. Look at their park schedules, every park has lost at least 1 hour of ops per day. Major parks like Great America are closing at 8pm during July/August,which is prime season. Some midsize parks are closing as early as 7pm, Escape 6pm. 1 park is closing 1 day per week. A bunch of parks are still not opening all services...ie food or rides. Also, lots of parks have reports of very light crowds. I can concur having gone to some big parks like GAdv and GAm, crowds are light. Rides that had 1hr waits last year are 15mins and things that were 15 mins last year are now walk ons. None of this points to good results for Q2 coming. They disappointed 2nd half of 2021and Q1 2022. Expect the same for Q2 2022. SF also has a complete confusing disaster with their pass system. They changed the offerings 4 times since last fall. People that did buy last fall are going to have "sticker shock " with the new thrill, extreme, ultimate system. They are in most cases asking people to pay up to 50% more for less benefits. They cultivated a passholder base that got used to cheap passes. They needed to increase, but went too much and too fast. The elimination of dining plans is also another problem.
