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Medusa42

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Medusa42 last won the day on February 23

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About Medusa42

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  1. I thought the concrete pad was for an electrical box. If you look at the last two drone videos, all of the new conduit appears to pass through that point. Do you know if the gravel crane pad is going to be used as a new storage area or will it be removed and replanted with trees once construction is finished?
  2. What a wild year! The Six Flags Board of Directors just enacted a defensive measure to fend off a potential hostile takeover of the company. Six Flags already has a cooperation agreement with H Partners, so they are worried about someone else. https://investors.sixflags.com/news-and-events/press-releases/2020/03-31-2020-213020263
  3. The park will not open until 2021. https://www.legoland.com/new-york/coronavirus-update/
  4. https://seekingalpha.com/news/3556190-cedar-fair-and-six-flags-risk-of-dividend-cuts
  5. I think the park will reopen in July. If we get hit with a second wave, the park might have to close for the season in October. It seems unlikely that we will have a vaccine before 2021. https://www.washingtonpost.com/news/powerpost/paloma/daily-202/2020/03/26/daily-202-government-experts-warn-of-a-second-wave-of-coronavirus-cases-as-the-health-system-struggles/5e7c543f88e0fa101a752cd1/
  6. Disney took on $7.3 Billion in new debt this week for general corporate purposes. https://insidethemagic.net/2020/03/one-billion-more-disney-debt-ca-ec1/
  7. https://www.youtube.com/watch?v=6w9veMsFBKI
  8. Cedar Fair will not open any parks until at least mid-May. All of their parks issued a statement similar to this one from Cedar Point.
  9. http://www.newsbug.info/monticello_herald_journal/news/local/white-county-offers-million-incentive-package-for-potential-indiana-beach/article_b984376c-a746-5482-b10c-c8eb6ba7d7a7.html
  10. SFGAm removed April from their calendar today, May 1st is now the current opening day. https://sixflags.com/greatamerica/plan-your-visit/park-operating-schedule A full-time employee posted the following on another forum:
  11. Six Flags just shutdown all U.S. parks until at least April. Illinois shutdown sports facilities until at least May 1st. I assume SFGAm won't open until at least mid-May.
  12. People like to focus on Six Flags, but they should be worried about Cedar Fair. Cedar Fair is leveraged more than Six Flags right now and just dumped a ton of money into hotels, a giga coaster, and events that will have disappointing return on investment this year.
  13. Year 1: Twister is removed for a new kid's area. Year 2: Go Karts and most of The Right Stuff building is removed. The remaining part of the building is used for games storage. A Zamperla Endeavour and new Restaurant are added. Other internal functions that are in The Right Stuff building can be moved to a new steel building in the employee area of the park Year 3: A Mack Rides Power Splash is added.
  14. Due to coronavirus fears hitting the stock price, H Partners will be able to build their 14.9% stake much cheaper than they initially planned. The low stock price could also make Six Flags an attractive takeover target, but it is less likely to happen with H Partners already there because they will demand a premium for their shares. The cooperation and standstill agreements gives Spanos and the new Board of Directors some breathing room while they attempt to fix the company over the next year.
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