What the heck is going on at Magic?

[Harvey]

I believe a minority owner can hold up a sale.

 

[doublediamond]

It was my understanding companies vote based on share ownership. So in a 2-person ownership group, the majority owner basically gets their way.

 

[Sorcerer]

It was my understanding companies vote based on share ownership. So in a 2-person ownership group, the majority owner basically gets their way.

I guess you don't understand ownership. I think you are talking about shareholders,

 

[Harvey]

Buyers doing due diligence will often talk to all owners and top level employees. If they get the impression the product is worth less than the asking price that can affect their offer and the majority owners willingness to sell.

This is only one example of a minority owners influence.

 

[slatham]

Pretty clear to me that while the minority owner might have resisted the sale, the final "no go" was from the majority owner.

Again, very confused about all the good work being done yet nothing from management to send out the word and generate pass sales and positive buzz. As I think back over the years, usually there was a lot of talk and not as much action. Now the opposite. Go figure.

 

[PearlJam09]

Apparently we all missed an Alpine Update back in August that explains the whole situation.

 

[billski]

Tom Walsh, who owns a condo on the mountain was the one to report on FB the information posted by Sorcerer (!) Tom is very fair on his observations and very up to date on what is going on. He made a commitment buying a condo there and I don't see him leaving anytime soon. I see Tom once or twice a year. Based on his report, there is no reason to dispute whether the resort will open or not. They would not have invested so much work into the lifts if they did not plan on opening.

 

[makimono]

Can't wait to get up there Saturday and help clear out some shots!

I guess in the end there's no level of fucked-up that "Magicment" can achieve that will make me ski Stratton instead...but I'm sure they'll keep trying.

 

[billski]

Tom Walsh, who owns a condo on the mountain was the one to report on FB the information posted by Sorcerer (!) Tom is very fair on his observations and very up to date on what is going on. He made a commitment buying a condo there and I don't see him leaving anytime soon. I see Tom once or twice a year. Based on his report, there is no reason to dispute whether the resort will open or not. They would not have invested so much work into the lifts if they did not plan on opening.

I'm sure having two operating lifts makes it much more attractive to sell , but for this season, I'm not so worried.

 

[billski]

Again, very confused about all the good work being done yet nothing from management to send out the word and generate pass sales and positive buzz. As I think back over the years, usually there was a lot of talk and not as much action. Now the opposite. Go figure.

Magic's marketing has been sub-par for years quite frankly. They could do a lot more, even with limited resources if they hired the right marketing person. Marketing is a lot more than a web page, Facebook and an appearance at the ski show. Even though I've given them my email address on countless occasions, I can't think of the last time I've gotten an email from them.

 

[PearlJam09]

Magic's marketing has been sub-par for years quite frankly. They could do a lot more, even with limited resources if they hired the right marketing person. Marketing is a lot more than a web page, Facebook and an appearance at the ski show. Even though I've given them my email address on countless occasions, I can't think of the last time I've gotten an email from them.

They were doing well on Instagram a month ago. Consistent posting habits, increased follower base. Fell off recently so who knows what's going on up there. Typical shenanigans.

 

[slatham]

Hummmm.....I keep a pretty close eye on the Alpine Update (as do others) and I do not recall seeing that so will call foul on the 8/31/15 date stamp. I use to automatically get an email every time there was an Alpine Update but that has not occurred of late.

I too am encourage by what Tom Walsh wrote and the pictures he posted. I look forward to seeing some of this activity, and hopefully hearing directly from Tom Baker, this Saturday at the volunteer day. Will report back.

Makimono, Do Work, I look forward to seeing you guys Saturday. Any other AZ'ers going?

 

[PearlJam09]

Yeah. That date is way wrong. Guessing someone needs computer lessons or to pay more attention to detail. Probably both.

 

[prsboogie]

https://www.magicmtn.com/order.php

 

[PearlJam09]

Make sure you look at the price before you check out....

 

[PearlJam09]

Also, one would think that if they were going to start selling passes, they might announce via social media, yet we are still at radio silence.

 

[billski]

marketing, marketing, marketing wherefore art thou marketing?

 

[doublediamond]

WTF is an "Insustrial" Season Pass.

 

[billski]

WTF is an "Insustrial" Season Pass.

Industrial - you get to ride the bullwheel

 

[mriceyman]

Industrial - you get to ride the bullwheel

Lol


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