sfriday1998 Posted February 3, 2017 Share Posted February 3, 2017 Honestly, Cedar Point is a spoiled child, wanting to keep their coasters noteworthy in some form. Link to comment Share on other sites More sharing options...
larrygator Posted February 3, 2017 Share Posted February 3, 2017 Given all the wild speculation that New Mean Streak could be RMC's biggest/longest/greatest/etc... Maybe the reason for the weird timing of construction coupled with the lack of announcement is so CP can spread the cost of construction over several fiscal periods rather than just one off-season. Start it in 2017, finish in 2018, but avoid one big massive deduction to the 2016 off-season balance sheet. That would allow for one hell of a conversion . Holy crap... that actually makes sense. LOL. Look up the history of CF capital expenditures. This isn't SF where they constrain things to a set % of revenue. How long have you been Cedar Fair finance committee? The original poster's theory has been proposed on a few occasions. One doesn't need to look at the history of CF expenditures, look only at the last few years to see how much lower their capex spending become. Link to comment Share on other sites More sharing options...
DoinItForTheFame Posted February 3, 2017 Share Posted February 3, 2017 (edited) The last few pages of this thread got me like: Edited February 4, 2017 by DoinItForTheFame Link to comment Share on other sites More sharing options...
FeelTheFORCE Posted February 3, 2017 Share Posted February 3, 2017 Honestly, Cedar Point is a spoiled child, wanting to keep their coasters noteworthy in some form. What's wrong with wanting to produce a quality product that stands out from the rest? Link to comment Share on other sites More sharing options...
Mossed Posted February 4, 2017 Share Posted February 4, 2017 Honestly, Cedar Point is a spoiled child, wanting to keep their coasters noteworthy in some form. I can't be the only one that doesn't understand the point of this comment? Yeah, it really sucks that they are taking an awful ride and trying to turn it into the best coaster in the world. Link to comment Share on other sites More sharing options...
DoinItForTheFame Posted February 4, 2017 Share Posted February 4, 2017 Honestly, Cedar Point is a spoiled child, wanting to keep their coasters noteworthy in some form. I can't be the only one that doesn't understand the point of this comment? Yeah, it really sucks that they are taking an awful ride and trying to turn it into the best coaster in the world. Link to comment Share on other sites More sharing options...
southpuddle Posted February 4, 2017 Share Posted February 4, 2017 Sounds like the whinings of a teenager who is bored with their home park. Don't worry lil fella. Some day you'll be able to visit Cedar Point. And I hardly think you'll be complaining that you have a dozen world class coasters to choose from all at the same park. Link to comment Share on other sites More sharing options...
storms555 Posted February 4, 2017 Share Posted February 4, 2017 Yea whats wrong with CP being known for having several of the best coasters out there? Its nothing to do with being spoiled. Its Cedar Point for pete sakes! lol. Its not like it will take business from other parks. They will also be just as popular as ever too. CP isnt the spoiled child....CP is the child that every kid in class loves to hang out with! Link to comment Share on other sites More sharing options...
prozach626 Posted February 4, 2017 Share Posted February 4, 2017 Goliath's drop is good but there's a better first drop in the same park. I believe you're mentioning "Raging Bull"? Damn right he is. I'll back it up and spell it out. Raging Bull's first drop is better than Goliath's (and most other coasters). Preach, brother! I know a lot of the coaster is lackluster, but the first drop in the back row, diving into the tunnel, is still one of my all time favorites. Honestly, Cedar Point is a spoiled child, wanting to keep their coasters noteworthy in some form. You should probably realize that a "spoiled park" benefits all coaster enthusiasts. Or at least the ones who are willing to travel. We're discussing theme parks, not socialism. Link to comment Share on other sites More sharing options...
WolfBobs Posted February 4, 2017 Share Posted February 4, 2017 Honestly, Cedar Point is a spoiled child, wanting to keep their coasters noteworthy in some form. Spoiled? Nah bruh. They're just a park that basically prints money. All while having people throw more money at them, piles and piles of money. Which justifies spending that money on shiny new coasters so people will throw even more money at them. Pretty much basic economics. Link to comment Share on other sites More sharing options...
CaptainUnknown Posted February 4, 2017 Share Posted February 4, 2017 If/when CP gets a GCI, will they run 2 trains or opt for 3 with a "Shed?" And on that note, will "Sheds" become the new norm for GCIs? Link to comment Share on other sites More sharing options...
DoinItForTheFame Posted February 4, 2017 Share Posted February 4, 2017 If/when CP gets a GCI, will they run 2 trains or opt for 3 with a "Shed?" And on that note, will "Sheds" become the new norm for GCIs? Nooo. Because most parks don't care about hiding their transfer tracks on coasters. Link to comment Share on other sites More sharing options...
RollerManic Posted February 4, 2017 Share Posted February 4, 2017 (edited) delete Edited February 4, 2017 by RollerManic Link to comment Share on other sites More sharing options...
RollerManic Posted February 4, 2017 Share Posted February 4, 2017 If/when CP gets a GCI, will they run 2 trains or opt for 3 with a "Shed?" And on that note, will "Sheds" become the new norm for GCIs? Nooo. Because most parks don't care about hiding their transfer tracks on coasters. Every single GCI in existence has a building or cover on the transfer track. The only two exemptons are El Toro and Kentucky Rumbler, both of which have only one train. He's also trying to make a joke about "sheds", but it just isn't funny. He knows that we all know Mystic Timber's shed is specific to that ride as it is a thematic element. Link to comment Share on other sites More sharing options...
eugjackson Posted February 4, 2017 Share Posted February 4, 2017 Given all the wild speculation that New Mean Streak could be RMC's biggest/longest/greatest/etc... Maybe the reason for the weird timing of construction coupled with the lack of announcement is so CP can spread the cost of construction over several fiscal periods rather than just one off-season. Start it in 2017, finish in 2018, but avoid one big massive deduction to the 2016 off-season balance sheet. That would allow for one hell of a conversion . Holy crap... that actually makes sense. LOL. Look up the history of CF capital expenditures. This isn't SF where they constrain things to a set % of revenue. How long have you been Cedar Fair finance committee? The original poster's theory has been proposed on a few occasions. One doesn't need to look at the history of CF expenditures, look only at the last few years to see how much lower their capex spending become. LOL. Please stop embarrassing yourself and read CF annual reports. The capital expenditures most recent first(from annual reports) 176M, 167M, 120M, 96M, 90M...etc...etc,,,capital expenditures have been consistently increasing. I guess increasing numbers are a decrease in spending...a Trump like era alternative fact, bigger numbers are actually less than smaller ones. Link to comment Share on other sites More sharing options...
Philrad71 Posted February 4, 2017 Share Posted February 4, 2017 So what am I missing here? The original poster mentioning spreading out the cost of the transformation into two annual operating plans (AOP's) makes sense given that this remake is going to cost many, many millions of dollars - perhaps even more than your standard "build a coaster from scratch." Could they have done it in one year? Possibly. But spreading it out over the course of two years isn't poor marketing or financial balancing by any means. At my place of employment I have seen many large projects spread throughout several quarters (or even years) in order for them to meet or exceed their quarterly and annual financial AOP's. Oh, and by the way...acting like a know it all and bad mouthing one of the moderators on this site is likely going to get you banned quicker than you can fall out of a log flume. Just sayin'... Link to comment Share on other sites More sharing options...
prozach626 Posted February 5, 2017 Share Posted February 5, 2017 ^ Stop embarrassing yourself, bruh... Link to comment Share on other sites More sharing options...
coasterbill Posted February 5, 2017 Share Posted February 5, 2017 Why are people wasting time with this troll? I'm pretty sure he's on his third username and he's never been interested in having an actual conversation. That's not going to change. Link to comment Share on other sites More sharing options...
DorneyKid14 Posted February 5, 2017 Share Posted February 5, 2017 Given all the wild speculation that New Mean Streak could be RMC's biggest/longest/greatest/etc... Maybe the reason for the weird timing of construction coupled with the lack of announcement is so CP can spread the cost of construction over several fiscal periods rather than just one off-season. Start it in 2017, finish in 2018, but avoid one big massive deduction to the 2016 off-season balance sheet. That would allow for one hell of a conversion . So would this mean why Valleyfair, Michigan Adventure, and Dorney Park have been taking so long on cronstruction of all their coaster projects is to have it over serval fiscal periods? Link to comment Share on other sites More sharing options...
RaceBoarder Posted February 5, 2017 Share Posted February 5, 2017 Given all the wild speculation that New Mean Streak could be RMC's biggest/longest/greatest/etc... Maybe the reason for the weird timing of construction coupled with the lack of announcement is so CP can spread the cost of construction over several fiscal periods rather than just one off-season. Start it in 2017, finish in 2018, but avoid one big massive deduction to the 2016 off-season balance sheet. That would allow for one hell of a conversion . So would this mean why Valleyfair, Michigan Adventure, and Dorney Park have been taking so long on cronstruction of all their coaster projects is to have it over serval fiscal periods? Exactly... Every year CF puts a $20 in the jar for these parks. They'll get their coaster soon enough Link to comment Share on other sites More sharing options...
DoinItForTheFame Posted February 5, 2017 Share Posted February 5, 2017 Why are people wasting time with this troll? I'm pretty sure he's on his third username and he's never been interested in having an actual conversation. That's not going to change. Link to comment Share on other sites More sharing options...
DorneyKid14 Posted February 5, 2017 Share Posted February 5, 2017 Given all the wild speculation that New Mean Streak could be RMC's biggest/longest/greatest/etc... Maybe the reason for the weird timing of construction coupled with the lack of announcement is so CP can spread the cost of construction over several fiscal periods rather than just one off-season. Start it in 2017, finish in 2018, but avoid one big massive deduction to the 2016 off-season balance sheet. That would allow for one hell of a conversion . So would this mean why Valleyfair, Michigan Adventure, and Dorney Park have been taking so long on cronstruction of all their coaster projects is to have it over serval fiscal periods? Exactly... Every year CF puts a $20 in the jar for these parks. They'll get their coaster soon enough If my math is correct, Dorney should be.... Last new coaster- 2005, hydra. This year- 2017. 2017-2005= 12 years. So, at 20 dollars a year, there will be 240 dollars in Dorneys jar right now. Basing this off of a B&M coaster, going to say the cost of said coaster will be 30,000,000 USD. 30,000,000-240($ already saved)= 29,999,760 dollars to go. 29,999,760/20(money saved per year)=1,499,988. So Dorney will not see its next new coaster for another 1,499,988 years. Link to comment Share on other sites More sharing options...
OhioCoasterBoy100 Posted February 5, 2017 Share Posted February 5, 2017 If/when CP gets a GCI, will they run 2 trains or opt for 3 with a "Shed?" And on that note, will "Sheds" become the new norm for GCIs? Nooo. Because most parks don't care about hiding their transfer tracks on coasters. Every single GCI in existence has a building or cover on the transfer track. The only two exemptons are El Toro and Kentucky Rumbler, both of which have only one train. He's also trying to make a joke about "sheds", but it just isn't funny. He knows that we all know Mystic Timber's shed is specific to that ride as it is a thematic element. El Toro was manufactured by Intamin and assembled by RMC, not GCI Link to comment Share on other sites More sharing options...
thrillseeker4552 Posted February 5, 2017 Share Posted February 5, 2017 Given all the wild speculation that New Mean Streak could be RMC's biggest/longest/greatest/etc... Maybe the reason for the weird timing of construction coupled with the lack of announcement is so CP can spread the cost of construction over several fiscal periods rather than just one off-season. Start it in 2017, finish in 2018, but avoid one big massive deduction to the 2016 off-season balance sheet. That would allow for one hell of a conversion . So would this mean why Valleyfair, Michigan Adventure, and Dorney Park have been taking so long on cronstruction of all their coaster projects is to have it over serval fiscal periods? Exactly... Every year CF puts a $20 in the jar for these parks. They'll get their coaster soon enough If my math is correct, Dorney should be.... Last new coaster- 2005, hydra. This year- 2017. 2017-2005= 12 years. So, at 20 dollars a year, there will be 240 dollars in Dorneys jar right now. Basing this off of a B&M coaster, going to say the cost of said coaster will be 30,000,000 USD. 30,000,000-240($ already saved)= 29,999,760 dollars to go. 29,999,760/20(money saved per year)=1,499,988. So Dorney will not see its next new coaster for another 1,499,988 years. This made me laugh. Sounds about right! Link to comment Share on other sites More sharing options...
RaceBoarder Posted February 5, 2017 Share Posted February 5, 2017 Given all the wild speculation that New Mean Streak could be RMC's biggest/longest/greatest/etc... Maybe the reason for the weird timing of construction coupled with the lack of announcement is so CP can spread the cost of construction over several fiscal periods rather than just one off-season. Start it in 2017, finish in 2018, but avoid one big massive deduction to the 2016 off-season balance sheet. That would allow for one hell of a conversion . So would this mean why Valleyfair, Michigan Adventure, and Dorney Park have been taking so long on cronstruction of all their coaster projects is to have it over serval fiscal periods? Exactly... Every year CF puts a $20 in the jar for these parks. They'll get their coaster soon enough If my math is correct, Dorney should be.... Last new coaster- 2005, hydra. This year- 2017. 2017-2005= 12 years. So, at 20 dollars a year, there will be 240 dollars in Dorneys jar right now. Basing this off of a B&M coaster, going to say the cost of said coaster will be 30,000,000 USD. 30,000,000-240($ already saved)= 29,999,760 dollars to go. 29,999,760/20(money saved per year)=1,499,988. So Dorney will not see its next new coaster for another 1,499,988 years. Link to comment Share on other sites More sharing options...
Recommended Posts
Create an account or sign in to comment
You need to be a member in order to leave a comment
Create an account
Sign up for a new account in our community. It's easy!
Register a new accountSign in
Already have an account? Sign in here.
Sign In Now