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Postby Coaster Justin on June 1st, 2019, 11:32 am
JackGlass wrote:Well.... Now that it's going to be legal in Illinois. I wonder if Great America will hop on board and sell over priced joints, one free per visit with your Diamond elite membership :lol:


I've joked that if it's it legal in The US, Six Flags should sell it themed to the Rides

Goliath Gonja
Full Throttle
Maxx Force
Raging Bull
Whizzer
Demon
Twisted Colossus

It's more fun than Cedar Fair which would just call it WeedHawk
731 Coasters in 31 States and 6 Countries. Email me if you want to Know.
On My Way to 750 in Europe in 2019!!!
Most Recent NEW Coaster: Fantastic Coaster Rowdy @ Hirakata Park (10/3/2018)

viewtopic.php?f=15&t=15272

Future Plans: 2019 in Belgium, Netherlands, and Germany with CoasterCrew
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Postby staticshadows on July 1st, 2019, 4:11 pm
We will have to wait until the 24th to see how accurate KeyBanc is.

https://www.benzinga.com/analyst-ratings/analyst-color/19/07/14011439/keybanc-upgrades-six-flags-says-attendance-trends-better-than-expected
KeyBanc Upgrades Six Flags, Says Attendance Trends Better Than Expected

The Analyst
Brett Andress upgraded Six Flags from Sector Weight to Outperform with a new $62 price target.

The Thesis
KeyBanc's propriety "Key First Look" credit and debit card data suggests attendance trends at Six Flags parks will rise by a total of 8% in the second quarter, Andress said in the Sunday upgrade note.

This compares to a prior growth estimate of 4% and the Street's consensus estimate of 6%, the analyst said.

Breaking down the data into core attendance versus parks that were acquired, the research firm's data suggests "core attendance" growth of 4% which may prove to be conservative, he said.

Beyond the second quarter, Six Flags will be up against easier weather compares, as last year's weather in the third quarter had an impact of about 500,000 potential guests, Andress said.

This supports the stock's near-term setup, the analyst said.

Signs of progress are materializing at the company's parks in China: Six Flags management met with local officials, he said.

At the very least, Six Flags should offer "directionally favorable commentary" around the status of the parks in these two regions, Andress said.

This should help with the "rock-bottom" sentiment surrounding Six Flags' stock, as success in China could eventually translate to $10 million to $20 million of annualized EBITDA, according to KeyBanc.
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Postby JackGlass on July 1st, 2019, 4:48 pm
Probably because they added coasters to Magic Mountain and Great America this year. In 2018 the additions to the 3 large parks (Great America, Magic Mountain and Great Adventure) Weren't that great.

2019 had a solid lineup of new attractions.
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Postby Sven18 on July 1st, 2019, 6:07 pm
JackGlass wrote:Probably because they added coasters to Magic Mountain and Great America this year. In 2018 the additions to the 3 large parks (Great America, Magic Mountain and Great Adventure) Weren't that great.

2019 had a solid lineup of new attractions.


None of the 2019 coasters are open, so they have had no impact on attendance in 2019 or any Q2 estimates. West Coast racers will be lucky to open before 2020 ride announcements. SF long term performance is not going to be dependent on attendance growth, they have essentially peaked. ie...very low growth & essentially none organic in 2017 & 2018. Revenue/EBIDTA growth is going to be by maintaining current levels essentially & getting higher per caps via memberships, dining add ons, etc.. Also, the foreign license deals b/c they require no Capex, thus outstanding margins as you only really need to pay the extra support staff for consulting, planning, etc..
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Postby Sven18 on July 4th, 2019, 4:24 pm
Dubai Park License deal cancellation deal:

DXB Entertainments(the developer ) agreed to pay SF 7.5M in FY2019 and SF will make no further claims under the settlement. SF Dubai LLC has right of first refusal agreement with regard to the intellectual property usage of the brand Six Flags and/or Six Flags Dubai for 5 years.

https://blooloop.com/news/dxb-entertain ... ags-dubai/
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