Huntah sold to Peak Resorts

[Scruffy]

Windham and Bellaye are open and Hunter is not!! So here it starts, big corporations only looking after profits!

Belleayre is closed. Reopening the 25th. Windham is open.

 

[BenedictGomez]

Windham and Bellaye are open and Hunter is not!! So here it starts, big corporations only looking after profits!

Welcome to the Peak Resorts regime.

Both of you are wrong for two reasons, a practical reason, and a financial reason.

Practical - What's best for the little snow they do have right now IS to be closed.

Financial - Deal hasn't closed

 

[ScottySkis]

http://ir.peakresorts.com/File/Index?KeyFile=32327909

Hopefully this is a good thing?

 

[andrec10]

Someone the other day figured out the weather. Orville and Izzy are pissed their beloved Hunter Mtn was sold. SO the weather is punishment...

 

[Funky_Catskills]

Pretty pathetic... We are all kind of amazed at this weather..
People that work at the mountain are leaving town to visit with relatives they've never visited before because of having to work..

It's too damn warm out..

 

[JimG.]

So I took a swing and bought the 6 day pass. Didn't want to completely bag out on Hunter skiing. Got a day in 2 weeks ago.

They're opening on 12/26 but I'm blacked out for the holidays 12/25-12/31.

That's OK other places to go with equally limited terrain, but by the time I get to ski Hunter again I will be lucky to get in 10 days at Hunter this season. I was expecting more like 16-18.

Swing and a miss! Maybe save some $$ next season.

 

[Funky_Catskills]

Going to supplement my blackout days with day passes from employee friends..

 

[JimG.]

Going to supplement my blackout days with day passes from employee friends..

Scored a free ticket from a gold pass holder for Sat.

 

[goldsbar]

That picture is not bad all things considered! Unfortunately, several days of warmth to come. I'm surprised they spread out the snow on the trails.

 

[andrec10]

That picture is not bad all things considered! Unfortunately, several days of warmth to come. I'm surprised they spread out the snow on the trails.

Thats not spread out! They blew it and left it and will farm it out Friday night for Saturday.

 

[steamboat1]

SKIS hit a 52 week low today ($5.15) closed at ($5.27).

 

[JimG.]

SKIS hit a 52 week low today ($5.15) closed at ($5.27).

How does that compare with other ski area operators listed publicly?

 

[Ski2LiveLive2Ski]

How does that compare with other ski area operators listed publicly?

Comparing share prices of different companies is completely meaningless as every company has a different number of shares, not to mention different earnings, assets, and liabilities.

 

[JimG.]

Comparing share prices of different companies is completely meaningless as every company has a different number of shares, not to mention different earnings, assets, and liabilities.

I was asking more for a general financial condition, not a complete financial breakdown. An opinion.

I'll guess that most resort operators heavily invested in the east are hurting in the short term because of the crappy winter so far. Making an resort purchase right now can only make that worse. Their business model must include a contingency for this inevitability anyway, but talk about the worst winter to make such a deal.

I can remember other winters in the past 15 years or so that have started almost as poorly but this winter takes the cake for worst start ever.

 

[cdskier]

I was asking more for a general financial condition, not a complete financial breakdown. An opinion.

Intrawest is near their 52 week low as well. Looking at a 1 year stock window shows both Intrawest and Peak down about 30% from a year ago. Not sure who else there even is publicly traded to compare with that has some eastern resorts in their portfolio.

 

[180]

sweet dividend

 

[steamboat1]

sweet dividend

Tell that to the people who own it at $9.

 

[RichT]

Pretty pathetic... We are all kind of amazed at this weather..
People that work at the mountain are leaving town to visit with relatives they've never visited before because of having to work..

It's too damn warm out..

And today!! Doesn't look good for Saturday... bummer Bright side high 33 degrees Monday! For people who don't know Hunter very well this picture would be 2/3 way down in the top picture,

 

[andrec10]

And today!! Doesn't look good for Saturday... bummer Bright side high 33 degrees Monday! For people who don't know Hunter very well this picture would be 2/3 way down in the top picture,

Saturday is looking sketchy. But if they open, I am there with my rock skis on!

 

[doublediamond]

Vail is about 40% up YOY.