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doubleloop Splash Landing User is Offline Joined: 04 Jul 2007 Posts: 181	Posted: Tue Nov 03, 2009 1:56 pm    Post subject: CF anounces 3Q results. · Quote www.cedarfair.com/ir/press_releases/index.cfm?current_root=15&mode=story&story_id=209 Numbers are down across the board, including attendance. _________________ Confidentiality is telling one person at a time. Don't let anyone steal the cheese from your sandwich!
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CuddyTheFlash Double Loop User is Offline Joined: 14 Sep 2008 Posts: 245 Location: In the darkest corner of your mind	Posted: Tue Nov 03, 2009 6:55 pm    Post subject: · Quote Its just the economy, weather, crybabies boycotting Cedar Fair, etc. It'll pick up next year. _________________ I don't like a certain company so everything they do MUST be wrong, even if it's right.  And that makes me look like a bigger fool. Take a stand against coasters that hurt or kill people.  Holiday World & Knotts Berry Farm, we are watching you!
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coasterdad Site Admin User is Offline Joined: 01 Jul 2007 Posts: 2161	Posted: Tue Nov 03, 2009 9:15 pm    Post subject: · Quote Wow - imagine that, I could never have predicted this. I know there is more news that has not been told yet, I cant wait! Good bye Dick, see ya, nice knowing you, bye bye. _________________ GL's demise was caused by one mans foolish greed. In the end the truth will come out as it always does.
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doubleloop Splash Landing User is Offline Joined: 04 Jul 2007 Posts: 181	Posted: Tue Nov 03, 2009 11:41 pm    Post subject: · Quote http://seekingalpha.com/article/170967-cedar-fair-entertainment-company-q3-2009-earnings-call-transc ript?page=1 Confrence call transcript, some interesting tidbits in those 10 pages. This news caused stocks to take a drop. http://www.nyse.com/about/listed/lcddata.html?ticker=FUN _________________ Confidentiality is telling one person at a time. Don't let anyone steal the cheese from your sandwich!
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Ray P Coral Cove User is Offline Joined: 12 Jul 2007 Posts: 501	Posted: Wed Nov 04, 2009 4:46 pm    Post subject: · Quote I love the way Stuck in the 70’s Dickie K prefaces things like “We normally don’t like to blame the weather, but…” or “We usually don’t like to blame the economy, but…”   There is some really funny stuff in there.  It really reeks of desperation with all of the excuses thrown in.  Season pass sales are down, group sales are down, hotels aren’t operating at 100% occupancy… all of these things are new to the Cedar Fair empire.  To quote Artie Lang, “Waaahhhh”.   I contributed a total of $170 to the Cedar Fair fund this season.  $150 of that was my Platinum Pass, $20 of that was a Diamondback t-shirt from Kings Island.  I’m sure CF hates people like me because I don’t eat in the park (See Dickie, not everyone “has to eat”) or buy grossly over-priced crap, therefore contributing to that all important in-park spending number.  If Kings Dominion wouldn’t have been such a pit I may have bought a Volcano t-shirt… but I really don’t want to promote that dump in Doswell.   Perhaps Cedar Fair could use a guy like (hopefully soon-to-be fired) Cleveland Browns head coach Eric Mangini.  He’d be perfect for the Media Relations team and would fit in just fine with the rest of the tools there.   Reporter: “Mr. Mangini, do you have any valid reasons to explain why attendance was down this year?“ Mangini: “Well as we all know, the attendance cycle is a process that we go through and we always look for ways to improve that process.  That is our goal.” Reporter: “What are your feelings about the suspension of the long-running unitholder distribution?” Mangini: “I believe that gives us the best chance of going forward.” Reporter: “What justification can you give us for the company spending over $50 million on just 3 of the parks in the chain while some parks are receiving hand-me-downs like Demon Drop at Knott’s Berry Farm?” Mangini: “I understand and appreciate that question.  I really do.  But at this time, I have nothing to add to that, thank you.” Yes, I know he’d be perfect for Cedar Fair.  He’s arrogant, thinks he can do no wrong, speaks in riddles, sidesteps any valid questions, expects his underlings to kiss his ample behind, and would give Bill Spehn a run for his money in the girth department.   Go Browns! _________________ http://rayp.smugmug.com
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coasterdad Site Admin User is Offline Joined: 01 Jul 2007 Posts: 2161	Posted: Wed Nov 04, 2009 5:21 pm    Post subject: · Quote Well put Ray. I just had to laugh reading the transcript from the Q&A session. CF had a list of pre made say nothing answers - something CF is excellent at doing. My question is since the amusement park industry is not new to them and Kinzel seems to be failing miserably in every department, how long can this go on before he gets the boot. The CEO's of lesser companies would have been long gone by now. ....bye bye Dick, cant say its been nice knowing you. Your problems have only started, wait until everyone really finds out why you closed GL. _________________ GL's demise was caused by one mans foolish greed. In the end the truth will come out as it always does.
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IloveGeauga Head Spin User is Offline Joined: 04 Sep 2007 Posts: 646 Location: Toledo, Ohio	Posted: Fri Nov 06, 2009 11:02 am    Post subject: · Quote Too funny, you guys!  LOL  Especially you, Ray. Dickie Kinzel is about giving my 84 year old father a heart attack, here, with the announcement of the suspended dividends.  My dad says he's supposed to get a check on the Nov. 15 and he's hoping it will still come (from what I understand, they are suspending dividends for 2010?). I am hearing my father say he is going to have to "turn down his heat" and eat "day old bread" and things like that. I'm thinking he has too much invested in Cedar Fair....he is VERY nervous.  I told him to dump that stock before when it was going to plunge...
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coasterdad Site Admin User is Offline Joined: 01 Jul 2007 Posts: 2161	Posted: Fri Nov 06, 2009 1:02 pm    Post subject: · Quote IloveGeauga wrote: I'm thinking he has too much invested in Cedar Fair....he is VERY nervous. ?I told him to dump that stock before when it was going to plunge... Yes they have stated they are suspending dividends for 2010, seems like a perfect time to dump it. Although that would mean no more "free tickets". _________________ GL's demise was caused by one mans foolish greed. In the end the truth will come out as it always does.
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hookyboysb Beaver Land Mine Ride User is Offline Joined: 15 Aug 2009 Posts: 36	Posted: Fri Nov 06, 2009 4:59 pm    Post subject: · Quote Quote: ...The Intimidator 305... He can't even say a ride's name right!
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IloveGeauga Head Spin User is Offline Joined: 04 Sep 2007 Posts: 646 Location: Toledo, Ohio	Posted: Fri Nov 06, 2009 10:03 pm    Post subject: · Quote coasterdad wrote: IloveGeauga wrote: I'm thinking he has too much invested in Cedar Fair....he is VERY nervous. ?I told him to dump that stock before when it was going to plunge... Yes they have stated they are suspending dividends for 2010, seems like a perfect time to dump it. Although that would mean no more "free tickets". He had a chance before to dump it...he didn't.  He probably won't this time, either.  He keeps thinking they will "make a comeback".
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KinzelKnew Beaver Land Mine Ride User is Offline Joined: 26 Aug 2008 Posts: 97	Posted: Mon Nov 09, 2009 2:33 pm    Post subject: · Quote Kinzels days are numbered. The poor 2009 performance, his unwillingness to change, micro managing, loss of of the disbursement in 2010, need I say more?
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AmusementFan123 Riptide Run User is Offline Joined: 05 Apr 2009 Posts: 300	Posted: Mon Nov 09, 2009 4:16 pm    Post subject: · Quote It wasn't a good year, but I doubt it spells the end of Kinzel. He will go when his contract is up. _________________ Cedar Point: The BEST amusement park on the planet for 12 years in a row! http://www.youtube.com/watch?v=Dm1jeYY0yEo
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coasterdad Site Admin User is Offline Joined: 01 Jul 2007 Posts: 2161	Posted: Mon Nov 09, 2009 5:36 pm    Post subject: · Quote AmusementFan123 wrote: It wasn't a good year, but I doubt it spells the end of Kinzel. He will go when his contract is up. If I were a betting man I would bet hes gone well before his contract is up. There is only one person to blame for the bad year, its the CEO. Its not like he wasn't warned this was going to happen. Its funny that attendance was up in many other parks that listened and have reasonable admission and food prices. The value in CF parks is sorely lacking and Kinzel is way out of touch with what the public wants. Now with the disbursements gone for 2010 there will be a lot more people unhappy with Kinzels leadership. Bye Bye Kinzel - I cant wait to see you take a walk. _________________ GL's demise was caused by one mans foolish greed. In the end the truth will come out as it always does.
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Katie Raging Wolf Bobs User is Offline Joined: 22 Sep 2007 Posts: 489 Location: Canfield, OH	Posted: Mon Nov 09, 2009 10:50 pm    Post subject: · Quote Value=Getting my monies worth... Not value=One pretzel and one mountain dew to the tune of 9.50. OUCH! _________________ Katie
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CuddyTheFlash Double Loop User is Offline Joined: 14 Sep 2008 Posts: 245 Location: In the darkest corner of your mind	Posted: Tue Nov 10, 2009 10:05 am    Post subject: · Quote ^No one says you are required to eat there. _________________ I don't like a certain company so everything they do MUST be wrong, even if it's right.  And that makes me look like a bigger fool. Take a stand against coasters that hurt or kill people.  Holiday World & Knotts Berry Farm, we are watching you!
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