FUN is up 2.9% YTD not including the distribution. I am wondering whether the distribution should be included in the total return as 80% of it is treated as return of capital thus reducing the cost basis.
In any event it may take a couple years before the GL purchase is accretive. I am surprised that the secondary offering did not affect the unit price more than it did.
New construction pictures have been posted today.
Actually its more like deconstruction pictures :)
*** Edited 11/19/2004 10:26:47 PM UTC by Junior***
I cant wait to see the new park next year, as getting my Cedar Point pass for the first times ever, i think im gonna add the GL package also, i live a mere 25 miles away & havent been there in atleast 5 years...
Oh my. That pic of the stadium makes me the saddest. I have so many memories of Shamu that came from sitting in that very same section of the splash zone:( *** Edited 12/7/2004 5:53:26 PM UTC by Rihard 2000***
Richie A.
And, the speculation on if the buffet restaurant will be back can end also.
I'd rather be in my boat with a drink on the rocks,
than in the drink with a boat on the rocks.
Six new construction pictures were posted yesterday (12/13/04).
edit: format
*** Edited 12/14/2004 3:17:22 PM UTC by Junior***
More construction pictures have been posted on 1/3/05. Ten of them to be exact. There sure is a lot of deconstruction going on in the park, but at least its for a good reason ;).
edit: wording & formatting
*** Edited 1/4/2005 6:37:54 AM UTC by Junior***
More construction pictures dated for 1/10 are posted on the GL site. They include some interior shots of one of the stadiums.
Does anyone think that they might keep or bring back some of the original geauga lake and seaworld things that many people have had great times on?
Morepictures were posted today. Nothing really new, just a lot of snow, some demolition equipment, and a missing arcade building.
I have to admit that seeing the stadiums come down is a little sad, as those probably constitute the majority of my memories from the old Sea World.
Jeff - Advocate of Great Great Tunnels™ - Co-Publisher - PointBuzz - CoasterBuzz - Blog - Music
^ same here, in fact the water ski stadium and Shamu Stadium are the only two memories I had left of Sea World Ohio. It's really sad to just see them ripped apart by backhoes and bulldozers, they could have been put to some other use.
-Jon-
2008 - Roving Team Leader (Michigan's Adventure)
2007 - Maverick (Cedar Point)
http://www.cheezonastick.net
I disagree. They weren't of much use. I miss what used to take place there, and that's never going to happen again.
Jeff - Advocate of Great Great Tunnels™ - Co-Publisher - PointBuzz - CoasterBuzz - Blog - Music
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