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Postby JackGlass on August 7th, 2018, 5:20 pm
_FuryBull_330_ wrote:^ That's actually a pretty good strategy but sadly we know Six Flags would never use that strategy for some excuse but you never know.

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Thanks! Those smaller parks are untapped gold and this current strategy gives people little to no incentive to visit them! Kentucky Kingdom was a perfect example of Good leadership under Ed Hart gone horribly wrong under Six Flags.

When Ed Hart first took over Kentucky Kingdom in the early 90's it was barely getting 300,000 guests per year. By the time he sold it to premier parks, it was getting over 1 Million guests per year and they projected that it could crack 2 Million! Ed kept the park clean, infrasturucture in great shape and added rides that actually made people want to visit Kentucky kingdom.

Premier Parks (Six Flags) took over and they started removing major attractions starting with the Vampire roller coaster and replacing them with junk rides. They let the infrastructure crumble and let the overall quality of the park decline. As a result attendance in 2009 plummeted below 400,000. Now that Ed Hart is back in control, and that old startegy is back, attendance is rising again and peope actually have an incentive to visit Kentucky Kingdom.

The shareholders wouldn't like the idea of raising Capex by 4.5% But they're only screwing themselves over by not tapping potential gold mines. Beautifying your parks and adding rides that actually make people want to go there seems crazy enough to work, lol
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Postby WolfRaging95 on August 7th, 2018, 6:57 pm
Did anybody think that this new attraction will be themed to someone from the Justice League with the toll being in the teaser?
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Postby SFGAM_Hog on August 7th, 2018, 8:04 pm
WolfRaging95 wrote:Did anybody think that this new attraction will be themed to someone from the Justice League with the toll being in the teaser?
I'm really thinking this is simply a Wonder Woman Golden Lasso clone; the Justice League towel, the yellow and red in the logo too. The entire water park and racing theme is probably just trying to throw us off. I can't wait for the next teaser to find out more!

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Postby _FuryBull_330_ on August 7th, 2018, 8:47 pm
^ Or if it's a launched coaster it's The Flash.

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Postby SFGAM_Hog on August 8th, 2018, 7:03 am
^ Oh, I didn't think of that one.

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Postby Sven18 on August 8th, 2018, 8:10 am
JackGlass wrote:

If Capex were increased to 13.5% from it's current 9% That would give Six Flags $100 Million a year for new rides and $100 Million a year for in park improvements and upkeep. $200 Million a year Capex


No increasing Capex to 13.5% would not give SF $200M in Capex. SF's Capex is based on North American Revenue. SF total Capex with foreign is 1.36B, minus 30M last year in foreign(that number is going up big as they did close to 15M foreign last quarter), NA revenue is 1.33B so 13.5% would be about $179B. To get 200M Capex revenue would have to about 1.5B North American. Second SF, does not split ride and park improvements 50/50. It's a 60% rides, 25% asset management, 15% non rides in park distribution. Finally, SF is not increasing Capex, they are actually been alluding quarter after quarter on cutting the %. SF has stated multiple times they are happy with their gross expenditure even as revenue rises.
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Postby JackGlass on August 8th, 2018, 8:51 am
Sven18 wrote:
JackGlass wrote:

If Capex were increased to 13.5% from it's current 9% That would give Six Flags $100 Million a year for new rides and $100 Million a year for in park improvements and upkeep. $200 Million a year Capex


No increasing Capex to 13.5% would not give SF $200M in Capex. SF's Capex is based on North American Revenue. SF total Capex with foreign is 1.36B, minus 30M last year in foreign(that number is going up big as they did close to 15M foreign last quarter), NA revenue is 1.33B so 13.5% would be about $179B. To get 200M Capex revenue would have to about 1.5B North American. Second SF, does not split ride and park improvements 50/50. It's a 60% rides, 25% asset management, 15% non rides in park distribution. Finally, SF is not increasing Capex, they are actually been alluding quarter after quarter on cutting the %. SF has stated multiple times they are happy with their gross expenditure even as revenue rises.


This is all hypothetical Sven18, you need to stop taking everything so literally on a speculation forum. I understand that the cap is based on North American Revenue and doesn't include foreign revenue, this is a hypothetical situation based on all revenue and Six Flags changing it's strategy to be more like Cedar Fair. The new parks overseas aren't even being built by Six Flags, they're just being managed by them, which is actually a really sweet deal if everything turns out well.

I personally don't like the current strategy of giving every park soemthing new every year, because there are too many mouths to feed on a shoestring budget. The smaller parks get terrible rides that don't encourage people to visit them and the larger parks are left with mediocre attractions.

But that's the beauty of free will and the free market. If this years attraction at Great America turns out to be soemthing terrible, I'll simply just take two trips to Cedar point instead of renewing my pass!


As Goku said about general park improvements. Look at how beautiful Cdear Point looks with these pavers and the overall landscaping. I would LOVE Six Flags Great America to look like this, but with this current cheap skate straegy the chances of that happening are slim to none. I'm not trying to bash my home park, but criticism is needed from time to time.
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Postby Sven18 on August 8th, 2018, 9:45 am
JackGlass wrote:
Sven18 wrote:
JackGlass wrote:

If Capex were increased to 13.5% from it's current 9% That would give Six Flags $100 Million a year for new rides and $100 Million a year for in park improvements and upkeep. $200 Million a year Capex


No increasing Capex to 13.5% would not give SF $200M in Capex. SF's Capex is based on North American Revenue. SF total Capex with foreign is 1.36B, minus 30M last year in foreign(that number is going up big as they did close to 15M foreign last quarter), NA revenue is 1.33B so 13.5% would be about $179B. To get 200M Capex revenue would have to about 1.5B North American. Second SF, does not split ride and park improvements 50/50. It's a 60% rides, 25% asset management, 15% non rides in park distribution. Finally, SF is not increasing Capex, they are actually been alluding quarter after quarter on cutting the %. SF has stated multiple times they are happy with their gross expenditure even as revenue rises.


This is all hypothetical Sven18, you need to stop taking everything so literally on a speculation forum. I understand that the cap is based on North American Revenue and doesn't include foreign revenue, this is a hypothetical situation based on all revenue and Six Flags changing it's strategy to be more like Cedar Fair. The new parks overseas aren't even being built by Six Flags, they're just being managed by them, which is actually a really sweet deal if everything turns out well.

I personally don't like the current strategy of giving every park soemthing new every year, because there are too many mouths to feed on a shoestring budget. The smaller parks get terrible rides that don't encourage people to visit them and the larger parks are left with mediocre attractions.

But that's the beauty of free will and the free market. If this years attraction at Great America turns out to be soemthing terrible, I'll simply just take two trips to Cedar point instead of renewing my pass!


As Goku said about general park improvements. Look at how beautiful Cdear Point looks with these pavers and the overall landscaping. I would LOVE Six Flags Great America to look like this, but with this current cheap skate straegy the chances of that happening are slim to none. I'm not trying to bash my home park, but criticism is needed from time to time.


If you're going to take the time to do calculations on a hypothetical they should be done right. 200 Capex would require almost 14.8% of total revenue. SF is not CF and has no desire to be and CF has no desire to be SF. The two chains have taken 2 completely different business strategies and it can be largely surmised by who runs the chains. SF is run by Wall Street people and turn around gurus, that's what Anderson was before SF, he had no theme park background. He viewed SF just like his other take over projects, cut costs(investment) and maximize investor return. SF thus returns every excess dollar to investors in dividend or stock buybacks. CF is run by theme park people, past Disney people or other chains or longterm CF people in the higher ranks. They thus think differently, the aesthetics and other stuff you mentioned are more a concern to them much more than SF. I have been to many SF parks just this year where as you approach the gate and or parking lot your first visual is a coaster that is in bad need of pain job or has patches of visual rust..ie...SFOG or a wood coaster with half the paint coming off as you go past the parking tolls..ie....SFOT. Compare that to Wonderland, Carowinds, Cedar Point where your first visual is a Leviathan, Fury and Gatekeeper.
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Postby JackGlass on August 8th, 2018, 10:07 am
Sven18. Dude relax, it's a speculation forum about roller coasters, not a life or death issue! I never said any of this stuff was going to happen, it's purely hypothetical on my behalf. If a hypothetical calculation that's off by less than 1% by some random guy on the internet bothers you that much please seek mental help! I say this out of concern not insult

As far as Six Flags goes. They can do whatever they want with their parks and I want them to make as much money as possible (obviously so they stay in business) I feel there's untapped gold in these smaller parks based on past attendance numbers and Time Warner era management. and again, that's why this is a speculation forum.
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Postby IssaCoaster on August 8th, 2018, 2:35 pm
JackGlass wrote:Sven18. Dude relax, it's a speculation forum about roller coasters, not a life or death issue! I never said any of this stuff was going to happen, it's purely hypothetical on my behalf. If a hypothetical calculation that's off by less than 1% by some random guy on the internet bothers you that much please seek mental help! I say this out of concern not insult

As far as Six Flags goes. They can do whatever they want with their parks and I want them to make as much money as possible (obviously so they stay in business) I feel there's untapped gold in these smaller parks based on past attendance numbers and Time Warner era management. and again, that's why this is a speculation forum.

Jack Glass... I actually really liked that plan you brought up. Never do it again please :lol: . It makes me sad knowing how much more successful the parks could be if they took that strategy. For now... let's hang tight until the next teaser. I just feel as if this next one will make it clear it is not a water park addition.
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Postby Ilovthevu' on August 8th, 2018, 3:12 pm
No matter what the park gets, it's not going to be Cedar Point. 1 ride should not determine whether or not you renew your season pass or not. If Cedar Point is your dream park, go to your dream park, and forget Great America than. I just don't get it. I never think of visiting some other park for just 1 ride. If it's just 1 new ride, it's going to be a pretty boring day at a park. To me, Great America has been adding a bunch of not great rides for awhile (in my opinion), but they still have a bunch of older rides I like. I do not go to Great America for 1 ride, and I will not go to another amusement park for just 1 ride. It's a waste to me. Sure, 1 ride at any amusement park might be your favorite, but yet you have a whole park to explore.

Great America is absolutely, positively NOT perfect. In my opinion, It needs a lot of changes (cough entertainment - I'm more entertained at the Kane County Fair / Dupage County Fair), but it's also the amusement park that is close to me, so I deal with the bad, and I enjoy the good / great. I'm different than you, but if I want to go to my favorite park (Six Flags Over Texas), I just would go both. I know though that Cedar Point is Cedar Fair, and you would have to buy tickets to Cedar Point.

Blacktop doesn't bother me. That doesn't mean anything to me. A garbage ride like buccaneer battle bothers me. Blacktop = who cares for me. Stupid nox bothers me. Sky Trek Tower CLOSED at 2pm bothers me, etc. The Hangover name bothers me (Hangover = people that are drunk, and the day after) - The 10 year olds that are riding that ride... should get drunk than. Hangtime at Knott's Berry Farm is an AWESOME name. Hangover (in my opinion) is a complete garbage name.
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Postby benneluke on August 8th, 2018, 3:58 pm
Ilovthevu' wrote:Great America is absolutely, positively NOT perfect....but it's also the amusement park that is close to me, so I deal with the bad, and I enjoy the good / great.

Blacktop doesn't bother me. That doesn't mean anything to me. A garbage ride like buccaneer battle bothers me. Blacktop = who cares for me. Stupid nox bothers me. Sky Trek Tower CLOSED at 2pm bothers me, etc. Hangover (in my opinion) is a complete garbage name.


I agree with everything you said. Although I think an investment in landscaping and paint would be great. Its sad to see things rotting away (Orleans Place/Hometown Square brick walls, HTS buildings, etc.)
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Postby B&MGuy35 on August 8th, 2018, 4:56 pm
benneluke wrote:
Ilovthevu' wrote:Great America is absolutely, positively NOT perfect....but it's also the amusement park that is close to me, so I deal with the bad, and I enjoy the good / great.

Blacktop doesn't bother me. That doesn't mean anything to me. A garbage ride like buccaneer battle bothers me. Blacktop = who cares for me. Stupid nox bothers me. Sky Trek Tower CLOSED at 2pm bothers me, etc. Hangover (in my opinion) is a complete garbage name.


I agree with everything you said. Although I think an investment in landscaping and paint would be great. Its sad to see things rotting away (Orleans Place/Hometown Square brick walls, HTS buildings, etc.)


That’s coming! That’s exactly why they asked for a 4 million Amusement Tax credit. They specifically cited that they want to improve the parks infrastructure and up keep. This way the money doesn’t come out of the capex money they get yearly and they are able to use that money specifically for new rides and this money will be for upkeep.


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Postby _FuryBull_330_ on August 8th, 2018, 5:19 pm
^ Yay finally the park will look prettier. I'm still stumped on what we are getting and how the teaser helps us but maybe the more teasers the more information.

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Postby JackGlass on August 9th, 2018, 4:25 am
Thank you IssaCoaster! I want to see Six Flags succeed and be the best they can possibly be. Not subpar because of dumb self imposed constraints. Hopefully they continue doing things that will enhance revenue (Adding Holiday in the park, Making more warm weather parks 365 days a year, etc) and also getting more tax cuts from local Governments.

Now that Gurnee wants to develop that big plot of land across Washington street, I'm hoping this will be Entertainment Village 2.0. A perfect opportunity for a Sports Complex, Hotels, Restaurants, etc. Even better..... Six Flags might not pay a dime for any of it.


http://www.chicagotribune.com/suburbs/l ... story.html
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Postby benneluke on August 9th, 2018, 9:33 am
B&MGuy35 wrote:That’s coming! They specifically cited that they want to improve the parks infrastructure and up keep.


Yeah, but I want it NOW :D
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Postby B&MGuy35 on August 9th, 2018, 9:36 am
JackGlass wrote:Thank you IssaCoaster! I want to see Six Flags succeed and be the best they can possibly be. Not subpar because of dumb self imposed constraints. Hopefully they continue doing things that will enhance revenue (Adding Holiday in the park, Making more warm weather parks 365 days a year, etc) and also getting more tax cuts from local Governments.

Now that Gurnee wants to develop that big plot of land across Washington street, I'm hoping this will be Entertainment Village 2.0. A perfect opportunity for a Sports Complex, Hotels, Restaurants, etc. Even better..... Six Flags might not pay a dime for any of it.


http://www.chicagotribune.com/suburbs/l ... story.html


This has nothing to do with Six Flags. They have no involvement in this project at all. This is no where near what the Entertainment Complex they proposed back in the 90’s across the tollway. They had intended it to be like what Universal has down in Florida. The city walk along with the Water Park and hotels, shopping and convention center.

http://articles.chicagotribune.com/1997-11-08/news/9711080010_1_six-flags-great-america-theme-park-water-park




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Postby JackGlass on August 9th, 2018, 9:48 am
Oh no doubt this new proposal is different than the original one back in the 90's. It's cool because Six Flags isn't spending a dime on this current proposal, yet they would definitely benefit from it.

I'm actually glad that the original plans back in the 90's fell through and they ended up attaching Hurricane Harbor to the dry park instead of building it across the highway. I like being able to walk back and forth from the dry park to the water park.

Let other people pay for the land (and property taxes) and let them pay for the sports complex, hotels, restaurants, etc. Let Six Flags benefit from the increased traffic.
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Postby JT2002 on August 9th, 2018, 10:08 am
^^Just to make things clear, they want to build a youth sports complex. Maybe they'll add some hotels, restaurants, or other businesses will trickle in, but it's main purpose will to cater to local sports groups/clubs. This will hopefully be very similar to the RecPlex in Pleasant Prairie just over the Wisconsin border, or like the complex in Libertyville. I don't see it becoming really a tourist attraction of sorts like Great America or Gurnee Mills.
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Postby JackGlass on August 9th, 2018, 10:18 am
JT2002 wrote:^^Just to make things clear, they want to build a youth sports complex. Maybe they'll add some hotels, restaurants, or other businesses will trickle in, but it's main purpose will to cater to local sports groups/clubs. This will hopefully be very similar to the RecPlex in Pleasant Prairie just over the Wisconsin border, or like the complex in Libertyville. I don't see it becoming really a tourist attraction of sorts like Great America or Gurnee Mills.



Oh I know. That's why I said I'm hoping this turns out to be Entertainment Village 2.0 not that it's going to be. If that plot of land is fully developed into a Sports complex, Hotels, resteraunts etc. It would be great! Not only for Gurnee but for Six Flags as well. I wouldn't mind if they threw in a casino too, but that probably wouldn't happen with Illinois strict laws regarding casinos and the fact that it would be right next to a kids sports complex, so the Village might not approve it anyway.

I would love to see Gurnee built up more.
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Postby B&MGuy35 on August 9th, 2018, 12:13 pm
I didn’t catch this before and maybe I’m off here but did anyone notice the picture the park posted on Monday of Goliath? Caption read “Our golden hour Goliath”. Is this a hint? Are they saying the sun is setting on their last coaster record breaker to make way for a new one? Maybe I’m just reading into stuff too much.

For some reason it won’t let me post a pic...




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Postby Muck Finnesota on August 9th, 2018, 12:36 pm
I wouldn't read into it- it was referencing the time of day the picture was taken. Wednesday's was a picture of Raging Bull cresting the camelback with a hump day caption.
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Postby RBullFan97 on August 9th, 2018, 1:00 pm
Honestly, I think everyone looks a bit too much into everything. No offense people, but teaser season makes this place a little nutty. I mean, I could analyze how in the video the guy starts running on his right foot and try to bend that into meaning something. :lol: Let's try not to have any unrealistic expectations and just see what the park has in store for us.
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Postby Goku1910 on August 9th, 2018, 1:18 pm
Speaking of the teaser did anyone bother to notice the colors stripes in the background of the "road to glory" intro? Play the video back in 1080p and you'll faintly see them. There's also a Justice league Towel on the chair.
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Postby WolfRaging95 on August 9th, 2018, 3:03 pm
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