Money
How much money does Cedar fair make compared to Six Flags? Six Flags are building so many roller coasters, at almost every park they have, they have also just bought two new parks. Then Cedar Fair are putting in a feew cabins, and a couple rides at their other parks.
Six Flags has no money whatsoever. If they were playing RCT, they would be knee deep in the red figure's with a ton of interest to pay off.
The way I see it, even if they are getting a great deal on these loans (7% interest), 10 years of their 2 BILLION dollar debt will amount to......
-$3,934,302,715
Double
The way I see it, even if they are getting a great deal on these loans (7% interest), 10 years of their 2 BILLION dollar debt will amount to......
-$3,934,302,715
Double
Really, does it matter? As an investor who enjoys nice dividends, I like Cedar Fair's slow and steady pace as they grow the business. I like the idea of quick ROI, because if the economy starts to suck, you're not paying to operate your parks and try to pay off debt.
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Jeff
Webmaster/Guide to The Point
Millennium Force laps: 50
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Jeff
Webmaster/Guide to The Point
Millennium Force laps: 50
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