Cedar Fair, L.P. (FUN)

Income stock with no income----no brainer--
The stock would need at least a sustainable economic recovery to loop back. Selling their own property to raise capital--Have u checked the park prices recently?
Really

I just wish I had seen this last week! To get Cedar Fair at under 6x earnings, during the Great Recession, is a value play unlike any since the March low!

Cedar fair is changing from an income stock (well, MLP) to a value play. They are not stopping their dividend for the same reason that financials did. They are doing so to pay down debt. Then, they will turn it back on--that is the plan.

This is a fire sale price, well worth the risk. This is easily a 5-bagger value play that will turn into a 10% yielding income play in 5 years. Perfect!

low P/E, as long as they can survive their debt burden they will do well, at 5x profits and consistently profitable even during the downturn, this seems a fair bet

FUN

it has no where else to go but up

Seasonal

Solid stock at sale price.

people just wanna have FUN

The next six flags

Another hole of debts with little profits!

Company can't find buyers for it's assets, can't pay it's bills, and already has a large debt burden. CEO is being forced to dump shares at a low stock price in order to pay the rent. They are for some strange reason still paying a dividend (recently cut but not to zero) which would be far better served going towards their debt - short term gain for some stockholders, long term pain.
Good bye FUN!

Company is carrying a massive amount of debt, incredibly dangerous in this economic environment

They have too much debt for substantial capital improvements, but lower gas prices and budget squeezes may have more families going to the amusement park.

Leader in regional parks. Won't suffer too much this year with people staying close to home.

Cedar Fair has made some really lousy business decisions in the past five years or so. Their investment is geauga lake was an absolutle debacle and their love affair with huge coasters is catching up with them. We all love big steel coasters, but they cost tens of millions of dollars to construct, and their agressive approach is catching up with them.

I worked on the business side of the amusement industry for a few years and one thing I learned is that debt is a killer. No one can dispute that Cedar Point is the finest coaster park in the world, but this stock is a no go.

This is not FUN!

World class amusement park. Will rapidly when recession subsides. Great dividend.

Long-Term debt is very, very heavy for such a consumer-related product. The purchase of the Paramount Parks from Viacom is weighing them down and they're going to start burning their cash reserves. Six Flags did the same thing in the late 90's through early this decade and look where they sit now.

dividend = 13%!