{
  "docId": "019dd923-622b-71dc-a6dd-bca6057ac775",
  "docSlug": "239b4bdd7d55",
  "documentTitle": "Six Flags Entertainment Corp. (SIX)",
  "authorId": "26_Land_and_Buildings",
  "authorName": "Land & Buildings",
  "documentKindSlug": "activist-deck",
  "documentKindLabel": "Activist deck",
  "sourceTypeSlug": "activist_investor",
  "sourceTypeLabel": "Activist investor",
  "presentationDate": "2022-12-01 00:00:00",
  "orientation": "landscape",
  "aspectRatio": 1.7777778,
  "pageNumber": 32,
  "pageCount": 38,
  "prevPage": 31,
  "nextPage": 33,
  "slideType": "propose_solution",
  "function": "propose_solution",
  "density": "balanced",
  "nDataPoints": 3,
  "notes": null,
  "elementsJson": [
    "headline_text",
    "subtitle_text",
    "bullet_list",
    "numbered_list",
    "callout_box"
  ],
  "metadataConfidence": 1,
  "imagePath": null,
  "slideHref": "/slides/019dd923-622b-71dc-a6dd-bca6057ac775/32",
  "deckHref": "/decks/019dd923-622b-71dc-a6dd-bca6057ac775",
  "deckJsonHref": "/decks/019dd923-622b-71dc-a6dd-bca6057ac775.json",
  "deckAnchorHref": "/decks/019dd923-622b-71dc-a6dd-bca6057ac775#slide-32",
  "components": [
    {
      "bbox": {
        "h": 0.1,
        "w": 0.9,
        "x": 0.05,
        "y": 0.595
      },
      "kind": "callout",
      "text": "Not only would a partial or full monetization of real estate unlock substantial value, it would also accelerate SIX’s debt paydown, provide cash for buybacks and quicken dividend reinstatement",
      "attrs": null,
      "subkind": "primary",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "0bd46904-da60-4482-9667-5fb2a1e10b8b",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.35,
        "w": 0.9,
        "x": 0.05,
        "y": 0.22
      },
      "kind": "list",
      "text": "A monetization of Six Flags real estate would be a positive balance sheet catalyst that can turn this stock back into a return of capital story. 1) Share buyback. 2) Dividend reinstatement on the horizon.",
      "attrs": null,
      "subkind": "bullet",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "8f817477-4138-4dcf-9c57-28a8de19bfd0",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.04,
        "w": 0.6,
        "x": 0.05,
        "y": 0.15
      },
      "kind": "title",
      "text": "REAL ESTATE SALES CAN FAST-TRACK PATH TO BUYBACKS AND DIVIDENDS",
      "attrs": null,
      "subkind": "action-title",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "a9695f6b-b431-4680-ba8a-aadbb9f6a792",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.08,
        "w": 0.55,
        "x": 0.05,
        "y": 0.05
      },
      "kind": "title",
      "text": "BALANCE SHEET CATALYSTS FORTHCOMING",
      "attrs": null,
      "subkind": "headline",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "86bb71c1-4a4f-4761-997e-281fa975ca94",
      "frameworkName": null,
      "frameworkSlug": null
    }
  ],
  "metrics": [],
  "tools": [],
  "frameworks": [
    {
      "name": "capital-allocation-framework",
      "slug": null,
      "matchId": "3046aac4-c066-4abc-a818-739f79d23c7b",
      "evidence": "The slide outlines a strategy for capital allocation (buybacks and dividends) funded by asset monetization.",
      "confidence": 0.8
    }
  ],
  "arcBeats": [
    {
      "to": 32,
      "from": 32,
      "beatId": "92dc9e7f-1977-40d7-a360-7ce3d5eb1873",
      "arcName": "Problem-Agitate-Solution",
      "arcSlug": "problem-agitate-solution",
      "beatName": "Solution",
      "beatSlug": "problem-agitate-solution-solution-provide-relief",
      "evidence": "The deck presents a solution of real estate sales to fast-track path to buybacks and dividends.",
      "position": 2,
      "confidence": 0.8,
      "parentBeatName": "Resolution",
      "parentBeatSlug": "resolution"
    }
  ],
  "loops": [
    {
      "to": 37,
      "from": 32,
      "name": "Before After",
      "slug": "21-before-after",
      "bestFor": "Product demos, process improvements, ROI justification",
      "matchId": "9ef54254-d3af-4d54-a5d9-e0a8c650d118",
      "evidence": "The deck presents a potential outcome of taking action, including increased shareholder value.",
      "position": 1,
      "objective": "What is the potential outcome of taking action?",
      "structure": "The Old Way (Pain) -> The Moment of Change -> The New Way (Glory) -> The Measurable Delta",
      "confidence": 0.7,
      "description": "Show the dramatic contrast between the old way and the new way through side-by-side comparison"
    }
  ],
  "imagePathAlt": null,
  "thumbSrc": null,
  "thumbSrcAlt": null,
  "locked": true
}