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Business, Economics, and Taxes: Capitalism. Yay? >=(

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RaceBoarder said:
Sounds about right...

Looking this over, the corporate speak is strong with this merger...

It's still breaking news and stuff has yet to play out, but many people who follow theme parks are scratching their head on this one. Both companies are still looking to rebound from 2020. And no real reasons were given with today's news releases.
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Six Flags must not be in great shape if they’re effectively being bought out (since it looks like Cedar Fair will be the majority holder).
 
RaceBoarder said:
Sounds about right...

Looking this over, the corporate speak is strong with this merger...

It's still breaking news and stuff has yet to play out, but many people who follow theme parks are scratching their head on this one. Both companies are still looking to rebound from 2020. And no real reasons were given with today's news releases.
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Not a great time to have debt to ebitda of 3.7 with today’s interest rates. Some other company in a few years will get these properties at a big discount.
 
MichVandal said:
Funny how that's brought up when people talk BEVs vs ICE.

Some BEVs have transmissions. So some of them do need serviced.

All BEVs do have differentials- which are required because cars go around corners and don't run with locked and fixed axles. The only real way around that is to have a motor for each wheel- and that's not exactly the cheap version.

And I don't know about you, but even a $100 oil change is pretty minor vs. gas. But you can find them for half that at dealers. Or free for a few years on new cars.

There IS lubrication systems for BEVs, since stuff spins, as there is a cooling system for BEVs. Those, too will need maintained.

At some point, the battery will drop off enough that the rage will be an issue, too.

I get the allure for BEVs. And know a lot of people who worship at the feet of Musk because of Tesla. But one can't ignore all of the issues. If there were not any, we'd all be driving BEVs right now. Auto companies have no reason to keep ICE vs. BEVs other than the issues, as they don't actually get paid off by the oil companies.
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All of these are why I'm absolutely not getting a BEV or even a hybrid. Yet. I just want to wait a bit until we see the long term performance.
 
Drew S. said:
Not a great time to have debt to ebitda of 3.7 with today’s interest rates. Some other company in a few years will get these properties at a big discount.
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Simple question. Is it bad if a company has $10B in debt at 2.5% if they have EBITDA of $1B?
 
MichVandal said:
The only real way around that is to have a motor for each wheel- and that's not exactly the cheap version.
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Saw one of those in our lot at work. The rest of the vehicle was, ahem, bespoke. My friend who knows about such things said it probably cost north of 80.
 
dxmnkd316 said:
All of these are why I'm absolutely not getting a BEV or even a hybrid. Yet. I just want to wait a bit until we see the long term performance.
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Well, I'm not trying to suggest that BEV's or ICE's lead in reliability. These days, pretty much all cars are incredibly reliable- a few years ago, the average car are on the road was at an all time high of 11 years, and I'm confident that will just increase. Just that BEV's are not that much simpler than a modern ICE.

I was really hoping my former employer made the hybrid version of the car I got tow the same as the high end version. Another OEM does for the same size. I'd totally get that.

Hybrids have been around long enough and the tech around them is mature enough that they are really solid vehicles.

The core issue will be energy storage for a long time- until some quantum changes happen for one of the sides. Batteries, liquid fuel, hydrogen, whatever. Everything is still a possibility.
 
Yeah I think we have enough evidence to show that hybrids are quite reliable. Priuses last forever it seems.
 
I still can't believe that it looks like the "RV from Hell" from Tango and Cash but if you ordered it from Wish.com.
 
dxmnkd316 said:
They're one of Toyota's flagship lines. So that tracks. I'm more curious about the rest of the hybrid fleet.
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Holding up very well. Also you're going to see many more vehicles described as "mild hybrids", https://www.cnn.com/2022/06/14/cars/mild-hybrid/index.html

They don't appear to have a ton of added fuel economy, but to MichVandal's point they're included in the "EV Mandates". I think full hybrids, mild hybrids and even PHEV's are good alternatives to going full electric for those being cautious.
 
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