Six Flags Corporate Discussion Thread

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Re: Six Flags Corporate Discussion Thread

Postby grsupercity » Thu Nov 08, 2018 11:59 am

At the time I thought Cedar Fair was biting off more then it could chew when they purchased the paramount parks. Fast forward 10 years and it doesn't look so bad now.
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Re: Six Flags Corporate Discussion Thread

Postby CaptainUnknown » Thu Nov 08, 2018 1:11 pm

I may or may not be visiting multiple Six Flags parks next year. It all depends on work scheduling. So my question is: is it possible to upgrade a one-day ticket to a membership?
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Re: Six Flags Corporate Discussion Thread

Postby ytterbiumanalyst » Thu Nov 08, 2018 1:25 pm

No, but the membership is practically the same price as a one day ticket plus parking anyway. Just get the membership.
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Re: Six Flags Corporate Discussion Thread

Postby DirkFunk » Thu Nov 08, 2018 3:24 pm

Lemur wrote:You're probably right in that, especially since they voted to double the amount of common stock they can issue in May. And right now isn't a terrible time to borrow, what with the Fed announcing no rate hikes for the next year. I think the issue is still desire to take on those liabilities along with the assets and the debt load. I think every park watcher and person familiar with the industry read that and immediately thought of the SeaWorld of Ohio/Geauga Lake/Worlds of Adventure disaster x 3.


Like I said; different companies, different management, different perspectives. Even with Six Flags' disappointing numbers in 2018, everyone seems to have seen attendance dropoffs too minus SEAS, and that you might attribute to SEAS simply bottoming out after years of backsliding and financial disaster. Six Flags' business model is not what it was in the 1990s or 2000s, and they've actually been super successful with it.

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Re: Six Flags Corporate Discussion Thread

Postby DirkFunk » Thu Nov 08, 2018 3:26 pm

grsupercity wrote:At the time I thought Cedar Fair was biting off more then it could chew when they purchased the paramount parks. Fast forward 10 years and it doesn't look so bad now.


Their debt to revenue ratio is still way worse than Six Flags', but they also have really strong assets with those parks that I think they're getting a better hold of how to maximize value on. And a big part of that is...wait for it...large passholder base.

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Re: Six Flags Corporate Discussion Thread

Postby mruab » Sat Nov 10, 2018 3:50 pm

Think of all the marketing wins Every regional Six Flags park becomes feeder for new flagship (money maker) in Orlando

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Re: Six Flags Corporate Discussion Thread

Postby coasterBro » Mon Nov 12, 2018 11:03 am

coasterBro wrote:But in other news, I got a survey a couple days ago from Six Flags asking about all kinds of stuff related to the Flash Pass program. It sounds like they're considering different options for season Flash Passes, but with various restrictions like what day it can/can't be used (any day, no weekends, no Tuesday), or what time of day it can be used (any time, after 2PM, after 4PM), or whether or not you'd need to get an advance reservation and how far in advance that might be (none, 24hrs, 3 days), or how many rides are available (5-30, but no mention of which rides those could be or if it was the number of line skips you get independent of which attractions you can ride).

Not sure if this new Season FP would be an option in addition to what they currently have or in place of those. The feature sets and price points were all over the map, with a lot of feature/price combinations that just made no sense at all and couldn't possibly be economically viable (like a minimally-restricted Platinum FP for $50, or a really-locked down Regular FP for like $250)


Got another survey today, this time about employee grooming: "Your feedback today will have a direct impact on whether or not we change our policy and will be personally reviewed by the company CEO." Not sure exactly what they're going for since the first part was asking about an employee's appearance with a very badly photoshopped hair dye job, but the last 2/3 was all about short, well-groomed beards/goatees for male employees. So maybe they're thinking of relaxing their grooming standards to allow unnatural hair colors and facial hair? Who knows though.
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Re: Six Flags Corporate Discussion Thread

Postby larrygator » Mon Nov 12, 2018 11:45 am

coasterBro wrote:
Got another survey today, this time about employee grooming: "Your feedback today will have a direct impact on whether or not we change our policy and will be personally reviewed by the company CEO." Not sure exactly what they're going for since the first part was asking about an employee's appearance with a very badly photoshopped hair dye job, but the last 2/3 was all about short, well-groomed beards/goatees for male employees. So maybe they're thinking of relaxing their grooming standards to allow unnatural hair colors and facial hair? Who knows though.


They clearly stated in the survey that they were considering changing their policy on employee facial hair!
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Re: Six Flags Corporate Discussion Thread

Postby SharkTums » Mon Nov 12, 2018 12:25 pm

The survey was hilarious! This was my favorite question:
Screen Shot 2018-11-12 at 2.20.41 PM.png

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Re: Six Flags Corporate Discussion Thread

Postby coasterbill » Mon Nov 12, 2018 12:31 pm

:lol: :lmao: :lol: :lmao: :lol: :lmao: I don't even know where to begin. Why not add "Waffle House" and "Random Wal Mart at 3am" to the list?

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