Posted Tuesday, May 6, 2003 5:16 AM | Contributed by Jeff
While opening day crowds at Cedar Point on the Lake Erie shoreline were lining up for hours to grab their first Top Thrill Dragster ride of the season, Cedar Fair investors were the ones buckling up for the uphill ride. The units hit a five-year high on Friday. Along with the tax-advantaged partnership's generous 6.7% yield, ownership in the company hasn't been as wild as the rides at its amusement and water parks.
Cedar Fair is one of the best companies I've invested in. Along with the steady stock price and great yields every quarter, the discounted ticket and lodging coupons are another nice perk. I wasn't aware of this benefit until the envelope landed in my mailbox last year.
FUN is company that knows how to treat it's customers, and investors.
6 weeks and counting to the yearly CP trip...:)
------------------ Pinball and Coasters...Any Questions?
Companies like Six Flags keep complaining that folks aren't showing up due to the weather and the economy, when the fact of the matter is, is if you treat your customers well, and give them a great time, you are sure to gain lines at the turnstile. Cedar Fair has done that, as well as Holiday World. *** This post was edited by john peck 5/6/2003 8:36:18 PM ***
Nightride, it really pisses me off as well that companies purposesly add trim brakes to kill their coasters so that enthusiasts can't get great rides on them. The nerve of them! Don't they know who we are and how much business we bring into their parks? I really wish maintainance workers would just skip their daily checks on coasters like Mean Streak, The Beast and Montu. Let's just have a non-trim free for all, and let the coasters fall where they may. That's the only any park will earn my respect!
------------------ Evanescence-My Immortal. Coming to a rock opera near you...
All those trim brake complainers better get to the point then, mantis trim on the hill has not been working or in use since September last year, raptors block on suday wasnt hitting at all, and from what I hear the trims on mean streak was really weak.
The reason why I have stopped going to any Six Flags Park is that the prices are higher than Paramounts and a few other places. They need to retain the workers that have shown that they are willing to treat the customer like a person and not a number. I admit that SFOG and I share the same birthday. I have even sent them letters stating that they needed to let the people who can prove that they was born on the same day as the park opened a free admission. They have refused to respond even though it would be a great publicity for the park. Six Flags park used to be a bargain when they offered two day passes but not any more.
Hey listen up....the trim breaks would be better gone...but can we really change they way it goes? NO!...and even tho it would be alot better....for some reason there's a safety issue....but if there is a saftey issue then there goign to take charge....instead of a law suit agaisnt them. And for anyone who may know..i have a 2 questions..possible rumors...si it true that a few years ago a girls hair was caught in the power tower and her scalp was ripped off?,,,,and second is it true that on openeing day this year a girl died on top thril dragster by swallowing her gum and choking to death?-thankx
First, Doubbletime, you have to work on your spelling, grammar, and punctuation.
Second, the events you describe on Power Tower and TTD are false (or urban legend). Someone did die on a coaster last weekend, but if you were paying attention, it was on Raging Bull at Six Flags Great America.
Third, concerning the stocks, that just goes to show that a company that doesn't concentrate on growing too fast and manages their parks right can go places, and a lot can be said about a company just by how well stocks do as well as its overall accounting.
------------------ Cedar Fair Junkie... I mean... ex-seasonal employee for their ride operations departments at CP and MA
...but if I know Six Flags like I think I do, they'd only allow trading for a few hours in the morning, then there would be a hiatus between about 12-3pm, and then it would open up again by the end of the day.
...and then when you finally did cash in, it'd come cold with a side of bad macaroni.
Alright, enough. Truth is, I've been a happy stockholder in Cedar Fair since sometime between 1999 and 2001 (could be 2000), and I can't say enough about how they've done in the market. How ironic is it that it'd be Cedar Fair's stock that your heart would feel most relaxed about? It never really shifts. Just slowly rising upwards day by day...
------------------ "Well, I'm sure I'd feel much worse if I weren't under such heavy sedation." - David St. Hubbins, Spinal Tap http://www.loopscrew.com