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Postby Sven18 on September 21st, 2018, 10:04 pm
JackGlass wrote:"In the first half of 2017, the company invested $97 million in NEW capital projects, paid $113 million in dividends, or $0.64 per common share per quarter, and repurchased $379 million of its common stock"

https://www.advfn.com/news_Record-Reven ... 10922.html

Total Capex for 2017 was $135 Million That 60% figure you mentioned can be adjusted from year to year.

Yes I'm very well aware what a staycation is, hence the reason an on site hotel makes perfect sense. Time Warner thought it was a good idea too, so I don't know what to tell you Sven18.


Also, if you actually go thru the entire investor presentation you would notice in 2018 SF actually projected to lower CAPEX to 128M, which takes it back 1M below 2016 FY levels of 129M.
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Postby ChicagoCoasters on October 4th, 2018, 11:56 pm
Last Call Fall Festival food offerings are up.
https://www.sixflags.com/greatamerica/s ... l-festival
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Postby _FuryBull_330_ on October 5th, 2018, 11:09 am
It's cool that they are doing it again. I probably might go but it depends if the rides are running.
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Postby anewman35 on October 5th, 2018, 8:29 pm
The other day, I saw a sign in Hometown Park (not sure if it was new, but I hadn't seen it before) that said you could use your Season Dining Pass for Games, Dare Devil Dive, or the Go Karts. It said to check with those attractions for more info (and I didn't). Anybody know about his this works?
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Postby Sven18 on October 9th, 2018, 6:26 pm
http://investors.sixflags.com/news-and- ... -235058511

The Rockford Park District Board of Commissioners has approved a lease agreement that allows Six Flags Entertainment Corporation (NYSE:SIX) to operate Magic Waters Waterpark starting in the spring of 2019.

https://www.magicwaterswaterpark.com/
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Postby SFGAmFan12 on October 9th, 2018, 8:04 pm
Sven18 wrote:http://investors.sixflags.com/news-and-events/press-releases/2018/10-09-2018-235058511

The Rockford Park District Board of Commissioners has approved a lease agreement that allows Six Flags Entertainment Corporation (NYSE:SIX) to operate Magic Waters Waterpark starting in the spring of 2019.

https://www.magicwaterswaterpark.com/



This is great news. Being from Rockford this will massively increase visibility of the park and hopefully increase additions, even if small. Magic Waters has been really under utilized and promoted in the last 10 years. Being a season pass holder and being able to use it at another park is another huge bonus, and will drive pass sales even more for Great America if there are other parks nearby to utilize.

Also found it interesting that Hank was the one commenting—not corporate. Seems as though the park will be directly managed by Great America folks.
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Postby Ilovthevu' on October 9th, 2018, 8:19 pm
In my OPINION, this is HORRIBLE news for the people of Rockford. No more free parking. No more $10 / $12 tickets, etc. Probably a higher price to get in with little to no discounts. No more groupons. That locker fee of, I think $9 (with $2 back at the end of the day) GOODBYE / GOOD RIDDENS. It will probably be $15 or $20.

These Rockford people were always complaining about bringing in no more coolers. That is the least problem for these people NOW! They are going to be so mad, it's absurd, how mad they will be, and not go to this park.

If those Rockford people were season pass holders, than it's not as bad, but for regular day Rockford area guests, they will be furious.

There are only (in my OPINION) 2 GOOD sides to this.

If you have a season gold pass or membership to Six Flags Great America, now you get in the free (at least for the first year / who knows later years) to this park. Secondly, they MIGHT add a new thing once and awhile to this park. It's not like they didn't add anything in the past so many years, but they took out the best slide in the Illinois in my opinion, and that was the Splash Blaster (because they got sued). They added a body slide, and a smaller Tornado type of slide.

More anger from Rockford people is going to be the tube situation at this park. The tubes are as simple as can be with this park. You pick up a tube for the relaxing river, and you are in the river within 5 minutes. For Six Flags waterpark, they purposely do NOT have enough tubes because they want you to buy a tube. It might take 20 minutes! The slides are also this way at this park. You get your tube usually right away, and you go in line like you think you would. Six Flags motto is to never have enough tubes for anybody! The GOAL is for every person to buy a tube because they never have enough (on PURPOSE).

In my OPINION, these Rockford people are going to be so FURIOUS with Six Flags taking over that they probably won't go.

The Rockford people don't realize HOW GOOD they had it until Six Flags takes over, and ruins it.
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Postby anewman35 on October 9th, 2018, 10:35 pm
I haven't been to Magic Waters since I was a kid, maybe 25 years ago, so I can't speak to what it's been like. What I can say, from reading the news articles about this, is that attendence has been way down recently, and since it's run by the Park District it's actually been losing money (and that means the tax dollars of the people of Rockford). So while people may or may not end up happy with whatever happens to the park, the city itself is probably better off not running the park directly...
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Postby SFGAmFan12 on October 10th, 2018, 12:13 am
Ilovthevu' wrote:In my OPINION, this is HORRIBLE news for the people of Rockford. No more free parking. No more $10 / $12 tickets, etc. Probably a higher price to get in with little to no discounts. No more groupons. That locker fee of, I think $9 (with $2 back at the end of the day) GOODBYE / GOOD RIDDENS. It will probably be $15 or $20.

These Rockford people were always complaining about bringing in no more coolers. That is the least problem for these people NOW! They are going to be so mad, it's absurd, how mad they will be, and not go to this park.

If those Rockford people were season pass holders, than it's not as bad, but for regular day Rockford area guests, they will be furious.

There are only (in my OPINION) 2 GOOD sides to this.

If you have a season gold pass or membership to Six Flags Great America, now you get in the free (at least for the first year / who knows later years) to this park. Secondly, they MIGHT add a new thing once and awhile to this park. It's not like they didn't add anything in the past so many years, but they took out the best slide in the Illinois in my opinion, and that was the Splash Blaster (because they got sued). They added a body slide, and a smaller Tornado type of slide.

More anger from Rockford people is going to be the tube situation at this park. The tubes are as simple as can be with this park. You pick up a tube for the relaxing river, and you are in the river within 5 minutes. For Six Flags waterpark, they purposely do NOT have enough tubes because they want you to buy a tube. It might take 20 minutes! The slides are also this way at this park. You get your tube usually right away, and you go in line like you think you would. Six Flags motto is to never have enough tubes for anybody! The GOAL is for every person to buy a tube because they never have enough (on PURPOSE).

In my OPINION, these Rockford people are going to be so FURIOUS with Six Flags taking over that they probably won't go.

The Rockford people don't realize HOW GOOD they had it until Six Flags takes over, and ruins it.


This is pretty dramatic. Again, being from Rockford all of my life and living within minutes to Magic Waters now, Six Flags can do wonders for the park. Will pricing be the same? No, and that’s expected. However, the season passes are now a far better value, and if the other smaller parks Six Flags is bringing in under their umbrella we can see this park will be included on passes for years to come. Also, if Six Flags can help actually advertise this park and get people in the gate it will be great. The park district is so cheap they don’t even maintain a sign on the interstate promoting the park, they waited too long to maintain slides before they literally broke people’s backs, and the park is closed several times a year due to maintenance or cleanliness issues. It’s gotten to the point where the place is a joke many people I know don’t want to be seen. The low entry fee is just to make attendance numbers look better at the end of the year and it does nothing to really improve the finances of the park in a meaningful way.

Also, when Splashblaster was removed after the multiple lawsuits of breaking backs, it was replaced by the aqua loop and expanded kids area. The mini tornado dates from 2009 and this year was supposed to be a new boomerang water slide to go next to the aqua loop but the park district scrapped those plans.

Attendance goes up and down yearly depending on the weather for the most part but I don’t think the park witnessed any drop over banning coolers inside the park. 2015/2016 was about 186,000 visitors, 2017 was wet and down 20%, and 2018 isn’t out yet. Busy days are between 2500 and 3500 guests/day.
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Postby AirTimeDaz on October 10th, 2018, 10:51 am
I am also in Rockford. I've been here approx 20 years but I and many people I know have never been to MW. I was tempted when they had the water coaster but that didn't last long. This news though excites me! Especially if they intend on adding new attractions occasionally. If it goes well, they may explore the option of plopping a coaster or two nearby eventually? There's ample space do so it! Not holding my breath but it at least opens the door for more possibilities!

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Postby staticshadows on October 10th, 2018, 1:03 pm
This article has more details on the lease agreement and gives some insight into what Six Flags is thinking.
http://www.rrstar.com/news/20181009/rockford-park-district-to-lease-magic-waters-to-six-flags
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Postby Sven18 on October 10th, 2018, 2:12 pm
This deal was a no brainer for The Rockford Parks District. They EBD(earnings before debt) last 3 years was 487K, 465K and 7K, with debt payments they were losing between 135 and 591K. The deal guaranteed them 425K/yr with no work. They are still going to be losing overall with the almost 600k debt payments, but less most likely and they don't have to worry about a bad year like 2017 and the downward trend at the park. Didn't
see anywhere how much debt is on the water park?
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Postby JackGlass on October 10th, 2018, 2:57 pm
wow! Hopefully the local Governments give the ok to continue the property tax free operations! I wish they were doing this 10 years ago when Ozzi Waterpark closed on Rand road. It was a smaller water park with Go Karts and an arcade, but there was some good land surrounding it. I think Six Flags could have made it profitable and really turned it around. Six Flags Magic Waters has a good ring to it.
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Postby Ilovthevu' on October 10th, 2018, 11:54 pm
For me, once the Splash Blaster (the water coaster) LEFT the park (Magic Waters), I left the park also. You can also see this in regards to the attendance. That ride was PACKED all the time. When I mean packed, I'm talking about almost every line filled that the park built for it. It was that long. After that left, it wasn't worth it to go to that park anymore, for ME. I started going somewhere a little closer, but still around that area instead. Whether injury or not, they shouldn't have taken that ride out. It ruined them! I have ridden that ride so much in a day, and I was never injured. It might have been a de-flated raft that did it, or who really knows. It could have been an older person that couldn't take it, gets a back injury, and they win the lawsuit. The park takes out in my opinion, my favorite & best water thing I have been on.

They SHOULD have really stressed though, that ride is a SUPER intense ride, and parents shouldn't go on it if they can't take it. That is literally like a roller coaster with hills. It's not for your grandma. How many grandmas or even moms go on many roller coasters such as Batman the Ride? Only the enthusiast moms or grandmas, and there are very FEW of them. To compare intensity at the Six Flags waterpark, it's like if your mom or grandma went on the Tornado water slide. They usually don't. They can't handle it. They don't like that stuff, but the same moms or grandmas might have went on the water coaster at Magic Waters because they just think it's a normal (more relaxing) water slide when it isn't. Again though, yes there are moms and grandmas that are enthusiasts, but those are a very, very, very SMALL SELECT set of people.

After the injury in 2015, it was closed for the rest of the season. 2015 was an amazing attendance year for them. 2016 wasn't horrible, but I think I remember we bought tickets (at the very beginning of the year) thinking the ride would be open, but it was either gone that year or it was just sitting there not open. So, if you notice in attendance, it's still not that bad. People went the year after it shutdown thinking it would be open again, or just not knowing the news that was closed at the end of 2015 after the accident. 50,000 people decline after that. I wonder why. 2017 is a complete drop. 2018 is a complete drop from 2015 & 2016. What's missing is the wonderful water coaster, and I stopped going in those 2 years. The speed slides they added I could careless about. No wonder why they have to be leased by Six Flags now. Taking out the water coaster ruined this park in my OPINION!

Other than the Splash Blaster people (which was the most packed line in the entire park), they also made the cooler people mad.
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Postby ChicagoCoasters on October 11th, 2018, 3:26 pm
anewman35 wrote:The other day, I saw a sign in Hometown Park (not sure if it was new, but I hadn't seen it before) that said you could use your Season Dining Pass for Games, Dare Devil Dive, or the Go Karts. It said to check with those attractions for more info (and I didn't). Anybody know about his this works?


Yes you can trade in yet your snack for a $10 credit for games or 1 free ride on Dare Devil Dive or the go karts. You can trade in a lunch or dinner for an all day go karts pass, all day Dare Devil Dive pass, or a game play up to $10 plus another regular game play up to $5.
1.) Steel Vengeance 2.) Maverick 3.) Goliath (SFGAM) 4.) Top Thrill Dragster 5.) Mystic Timbers
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Postby SfGaMownz on October 12th, 2018, 12:20 am
Haven’t been there in years myself. Seems prices aren’t going to be raised substaintly, as well as additional attractions should be coming in. I don’t doubt that it will be a win for both six flags and the regular to Magic Waters. Getting to go to Magic Waters and Six Flags for $65-$90 depending when you purchase a pass will entice more locals to get a Six Flags pass. If this deal gets approved soon enough, I wouldn’t doubt a new attraction in time for Memorial Day opening next spring.
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Postby CoasterRiderSC on October 12th, 2018, 2:24 pm
Here's a totally crazy idea I just got: How about shipping Buccaneer Battle off to Magic Waters??? That park gets a "new" ride and it kind of belongs over there and we get much needed space!
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Postby B&MGuy35 on October 12th, 2018, 2:29 pm
CoasterRiderSC wrote:Here's a totally crazy idea I just got: How about shipping Buccaneer Battle off to Magic Waters??? That park gets a "new" ride and it kind of belongs over there and we get much needed space!


AMEN!!
I second that!


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Postby RBullFan97 on October 12th, 2018, 3:11 pm
CoasterRiderSC wrote:Here's a totally crazy idea I just got: How about shipping Buccaneer Battle off to Magic Waters??? That park gets a "new" ride and it kind of belongs over there and we get much needed space!

I wouldn't be against this. I just went on Buccaneer Battle for the first time in 8 years this past July. It has really good theming but it's just boring. I didn't even get that wet. It would be a lot more at home in a water park I think.
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Postby JackGlass on October 12th, 2018, 3:36 pm
B&MGuy35 wrote:
CoasterRiderSC wrote:Here's a totally crazy idea I just got: How about shipping Buccaneer Battle off to Magic Waters??? That park gets a "new" ride and it kind of belongs over there and we get much needed space!


AMEN!!
I second that!


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I third that! lol
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Postby _FuryBull_330_ on October 12th, 2018, 5:09 pm
JackGlass wrote:
B&MGuy35 wrote:
CoasterRiderSC wrote:Here's a totally crazy idea I just got: How about shipping Buccaneer Battle off to Magic Waters??? That park gets a "new" ride and it kind of belongs over there and we get much needed space!


AMEN!!
I second that!


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I third that! lol

I fourth that, get that useless ride out of this park.
Lightning Rod is finally open! Oh wait it closed.

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Postby UnclePennybags on October 12th, 2018, 6:01 pm
_FuryBull_330_ wrote:
JackGlass wrote:
B&MGuy35 wrote:
Here's a totally crazy idea I just got: How about shipping Buccaneer Battle off to Magic Waters??? That park gets a "new" ride and it kind of belongs over there and we get much needed space!

I second that!


I third that! lol


I fourth that, get that useless ride out of this park.


I fifth that.
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Postby B&MGuy35 on October 12th, 2018, 7:58 pm
Bathrooms are open again inside JB’s


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Postby ChicagoCoasters on October 12th, 2018, 8:44 pm
CoasterRiderSC wrote:Here's a totally crazy idea I just got: How about shipping Buccaneer Battle off to Magic Waters??? That park gets a "new" ride and it kind of belongs over there and we get much needed space!


Heck yeah. I sixth that. Somebody start a petition. I can already hear the chain lift of the RMC T-Rex. C'mon SFGAm, give the people what they want. :lol:
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Postby JackGlass on October 13th, 2018, 9:37 am
ChicagoCoasters wrote:
CoasterRiderSC wrote:Here's a totally crazy idea I just got: How about shipping Buccaneer Battle off to Magic Waters??? That park gets a "new" ride and it kind of belongs over there and we get much needed space!


Heck yeah. I sixth that. Somebody start a petition. I can already hear the chain lift of the RMC T-Rex. C'mon SFGAm, give the people what they want. :lol:


T-Rex, Raptor, XL Giant Discovery, GCI, hell.... even a standard Vekoma Boomerang would be better at this point than Buccaneer Battle! Ship that POS to Rockford and call it a day! lol
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