Everything posted by westical
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Sea World Carnivale 2019
Being bundled with the One Pass helps.
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Sea World Carnivale 2019
I assume everyone has stopped caring about this event?
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Village theme parks extended trading hours
Half an hour. Wow.
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Sky Voyager Discussion
Were they on touch today?
- Sky Voyager added to Dreamworld map
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Sky Voyager Discussion
Second thing. Edit - damn you new page!
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'Actions speak louder than words': Dreamworld is still a decaying, unreliable theme park
Dreamworld doesn’t need positive word of mouth? I would have thought that’s exactly what it needs right now.
- Summer crowds at theme parks
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'Actions speak louder than words': Dreamworld is still a decaying, unreliable theme park
Why won’t they like it?
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Sky Voyager Discussion
Okay, now you’re just taking the piss.
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Sky Voyager Discussion
Sure, I’ll play along. Name one ride with better theming than Jurassic Park: The Ride, Revenge of the Mummy, Transformers: The Ride, Harry Potter and the Forbidden Journey, Harry Potter and the Escape from Gringotts, Skull Island: Reign of Kong or The Amazing Adventures of Spider-Man.
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Sky Voyager Discussion
Okay, now you’re just taking the piss.
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Sky Voyager Discussion
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Sky Voyager Discussion
Tell that to Soarin’ fans.
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Sky Voyager Discussion
Any chance of updating the title with the ride name?
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White Christmas 2018
I don’t actually think they found more space...
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White Christmas 2018
Must have found some more space.
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White Christmas 2018
Thanks, I’ll take a look.
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Sky Voyager Discussion
They don't provide sufficient info for an exact amount so I'll have to make a bunch of assumptions. Theme Parks EBITDA was $34,725k. Skypoint was about 9% of Revenue, so let's drop EBITDA by 9% to $31,600k. Corporate costs ($15,144k) are given as a group total. For simplicity let's use a % of Revenue (in this case 2.2%). Theme Parks Revenue was $107,582k, so * 0.91 * 0.022 = $2,154k. Revised EBITDA $29,446k. On the same group basis, Depreciation was 6.9% of Revenue. So $107,582k * 0.91 * 0.069 = $6,755k. EBIT therefore $22,691k. Doing the same with Finance Costs, was also about 2.2% of Revenue. So take off another $2,154k, for a NPBT of $20,537k. There's a bunch of extraordinary items and it's difficult to establish which pertain to Dreamworld. So we'll run with a pre-exceptional figure. For tax a simple calc would be 30%, so $20,537k * 0.7 = NPAT $14,376k. Or using % of Revenue again, NPAT $19.3m. So best guess, $14m to $20m, more than half what Skeeta said. Depreciation and Finance Costs are the big items that can vary the figure significantly. But either way, it's considerably less than $34.7m, let alone $43.0m. Should also point out Theme Parks EBITDA "only" increased 8.5% on the prior year. You could also assume that profits were inflated at Dreamworld because they were underfunding maintenance of rides...
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Sky Voyager Discussion
I hope Skeeta doesn’t work in finance?
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Sky Voyager Discussion
Dreamworld didn’t make anything close to $43m profit by the way.
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Sky Voyager Discussion
Fake news.
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Sky Voyager Discussion
Source?
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White Christmas 2018
There goes my redemption.
- 'Affinity' Animal Rights Protest