Hawaiian Holdings – Consensus Indicates Potential 7.5% Upside

Directors Talk Interviews
by: Amilia Stone

Hawaiian Holdings found using ticker (HA) have now 8 analysts covering the stock with the consensus suggesting a rating of ‘Hold’. The target price ranges between 19 and 7 with a mean TP of 13.75. Now with the previous closing price of 12.79 this indicates there is a potential upside of 7.5%. The day 50 moving average is 13.49 and the 200 moving average now moves to 13.42. The market cap for the company is $593m. Find out more information at: http://www.hawaiianairlines.com

Hawaiian Holdings, through its subsidiary, Hawaiian Airlines, engages in the scheduled air transportation of passengers and cargo. The company offers daily services on North America routes between the State of Hawai’i and Long Beach, Los Angeles, Oakland, Sacramento, San Diego, San Francisco, and San Jose, California; Las Vegas, Nevada; Phoenix, Arizona; Portland, Oregon; Seattle, Washington, and New York City, New York. It also provides daily service on Neighbor Island routes among the six islands of the State of Hawai’I; and international routes between the State of Hawai’i and Sydney, Australia, as well as Tokyo and Osaka, Japan. In addition, the company offers scheduled service between the State of Hawai’i and Pago Pago, American Samoa; Papeete, Tahiti; Brisbane, Australia; Auckland, New Zealand; Sapporo, Japan; and Seoul, South Korea, as well as various ad hoc charters. Hawaiian Holdings distributes its tickets through various distribution channels, including its Website hawaiianairlines.com primarily for North America and Neighbor Island routes, as well as through travel agencies and wholesale distributors for its international routes. As of December 31, 2019, the company’s fleet consisted of 20 Boeing 717-200 aircraft for the Neighbor Island routes; 24 Airbus A330-200 aircraft; and 17 Airbus A321-200 for the North America, international, and charter routes, as well as owns 4 ATR42 aircrafts. Hawaiian Holdings was founded in 1929 and is headquartered in Honolulu, Hawaii.

Puakea Ranch expansion approved

West Hawaii Today
By Nancy Cook Lauer

A special permit to expand the uses of a historical ranch near Hawi was approved Thursday on a 6-0 vote by the Leeward Planning Commission.

The commission approved the special permit for Lot #1 at Puakea Ranch after hearing from a couple dozen testifiers about evenly split between neighbors concerned about light and noise pollution, traffic and water allocations; and local businesses, ranch employees, and others who see the project as an economic boon to a hard-hit area and a way to pay for the preservation of a cherished historical site.

The commission adopted the Planning Department’s recommendation to approve the project, but added a requirement that before new construction commences, the applicant must give both the State Historic Preservation Division and the county Cultural Resources Commission an opportunity to comment on an architectural inventory survey provided by the applicant.

The Planning Department recommendation includes 20 conditions that must be followed and retained the right to revoke the special permit if they’re not.

Applicant Christine Cash, who purchased the 32-acre parcel in the state agriculture district in 2006, plans to expand the property beyond the four plantation-era buildings she previously used as vacation rentals to include seven guest ranch guesthouses housing 38 overnight guests. In addition, she plans to construct a new pavilion and parking lot and cater to events of up to 100 people, with two community events annually of up to 350 people as well as growing crops, horseback riding, equine therapy, cooking, art and yoga classes.

Planning Director Michael Yee, answering testifiers’ concerns and questions from commissioners, said action by the commission should go forward even though the county is currently in litigation with applicant on the project. He said a judge put a stay on the litigation until the planning commission acts.

The county filed suit in 3rd Circuit Court in late 2018, seeking more than $197,500 in back fines, attorneys’ fees and costs, an injunction to prohibit unauthorized activities and the demolition of an open recreational pavilion that was apparently built without a county permit.

Yee said Cash is working to get the property into compliance.

“Throwing the hammer of fines and fees is not always the most successful approach,” Yee said. “If we find a resolution, we will settle that violation in some form or fashion.”

Cash said creating a tourist destination is the highest and best use of the land. She’s put a lot of money and effort into getting the property listed on the historic register and she wants to share the history with visitors and the community.

“Who am I preserving it for, if not the community?” Cash said. “Unfortunately, small farms don’t make it in Hawaii without this added tourism mechanism.”

Puakea Ranch neighbors in the nine-lot subdivision testifying Thursday said Cash has been using much more than her property’s allotted share of the 5,550 gallons per day of water coming through the master meter that all properties share. Expansion will only put more stain on the water supply, they said.

Neighbors also said late-night parties with loud music and lights disturb their peace and tranquility and interfere with stargazing.

“The applicant is blatantly operating an illegal hotel. … This is an agriculture, residential area, not a party zone,” said neighbor Sandra Huntley. “This was our retirement dream and the applicant has spent the last decade ruining it.”

Others said Cash received her first notice of violation on the permitting issues in 2008, and she still hasn’t addressed them.

“This applicant clearly violates these procedures,” said neighbor Robert Morrison. “Anything but denial sets a very dangerous precedent for the island of Hawaii.”

Honolulu attorney Doug Chin, representing Cash, said he didn’t understand neighbors’ issues with his client, who he said has been working to restore the ranch, “long before any of the McMansions that have been built in that community.”

“Sure seems like there is a very profound disconnect between what people think is happening and what is going on … drunken hot tub brawls, rock music past 1 a.m.,” Chin said. “(This) pilikia is so hard to listen to. “

VIDEO: Mayor Kirk Caldwell announces new ‘Farm to Food’ program for Oahu residents

Star Advertiser

A new program aimed at using $4.3 million in federal CARES Act funds to help Oahu farmers and disadvantaged families was announced today by Honolulu Mayor Kirk Caldwell.

Caldwell is holding a press conference to discuss the new Farm to Food program, which provides funds for the island’s nonprofits to purchase and distribute locally grown meats and produce for an estimated 100,000 meals to families in need through the end of the year.

The city is partnering on the program with the Hawaii Farm Bureau, the Hawaii Agriculture Research Center, food distributor Aloha Harvest, service provider Lanakila, and community health clinics Kōkua Kalihi Valley Comprehensive Family Services and the Waianae Coast Comprehensive Health Center.

The city has until Dec. 31 to spend roughly $387 million in CARES funds.

For more information, go to oneoahu.org or call 768-CITY.

Caldwell is scheduled be joined at the press conference by Kualoa Ranch’s Taylor Kellerman and Ho Farms’ Justin Ridgely. Watch the press conference via the video above, or go to Mayor Caldwell’s Facebook page.

Par Pacific Holdings Announces Third Quarter 2020 Earnings Release and Conference Call Schedule

StreetInsider.com

Par Pacific Holdings, Inc. (NYSE: PARR) (“Par Pacific”) today announced that it will release its third quarter 2020 results before the New York Stock Exchange opens on Monday, November 2, 2020. This release will be followed by a conference call for investors at 9:30 a.m. Central Time (10:30 a.m. Eastern) on the same morning. The full text of the release will be available on Par Pacific’s website at http://www.parpacific.com.

Par Pacific Holdings Third Quarter 2020 Earnings Conference CallMonday, November 2, 20209:30 a.m. Central time (10:30 a.m. Eastern)Dial-in number: 1-877-407-3982 (toll-free) or 1-201-493-6780 (toll)

Individuals who would like to participate should dial the applicable dial-in number at least 10 minutes before the scheduled conference call time.

To access the live audio webcast and related presentation materials, please visit the investor relations section of Par Pacific’s website at http://www.parpacific.com.

A replay will be available shortly after the call and can be accessed by dialing 1-844-512-2921 (toll-free) or 1-412-317-6671 (toll). The passcode for the replay is 13711849. The replay will be available until November 16, 2020.

About Par Pacific

Par Pacific Holdings, Inc. (NYSE: PARR), headquartered in Houston, Texas, owns and operates market-leading energy, infrastructure and retail businesses. Par Pacific’s strategy is to acquire and develop businesses in logistically complex markets. Par Pacific owns and operates one of the largest energy networks in Hawaii with 148,000 bpd of combined refining capacity, a logistics system supplying the major islands of the state and 91 retail locations. In the Pacific Northwest and the Rockies, Par Pacific owns and operates 60,000 bpd of combined refining capacity, related multimodal logistics systems and 33 retail locations. Par Pacific also owns 46% of Laramie Energy, LLC, a natural gas production company with operations and assets concentrated in Western Colorado. More information is available at www.parpacific.com.

Investor Contact:Ashimi PatelManager, Investor Relations(832) 916-3355apatel@parpacific.com

Mahi Pono to host festival with sales of first fall harvest – All pumpkin sale proceeds to benefit Imua Family Services

The Maui News

Mahi Pono will celebrate its first fall harvest with a drive-thru festival and sales of farm-fresh produce, the company announced.

The event will take place from 9 a.m. to 2 p.m. Oct. 24 at the Yokouchi Family Estate in Wailuku, at the entrance from the lower gate on Koele Street.

“The past seven months have been an extremely challenging time for our community, especially the keiki, and we wanted to create a fun activity for families to participate in fall traditions like picking out a pumpkin to carve and trick-or-treating,” Shan Tsutsui, senior vice president of operations for Mahi Pono, said in a news release. “We also wanted to make this event a benefit for Imua Family Services in recognition of the outstanding work they continue to do each and every day.”

The drive-thru festival will feature the following stops:

• Station 1: Drive-thru trick-or-treat stations. Keiki are encouraged to come dressed in costume and will be able to receive candy directly from their vehicle.

• Station 2: Pickup of preordered pumpkins to take home and carve for Halloween. The first 200 people who purchase pumpkins will receive a free carving kit. Pumpkins will cost $10 with net proceeds benefiting Imua Family Services.

• Station 3: Pickup of preordered product boxes featuring farm-fresh produce. Additional products available at this station will include Maui Cattle Company’s 5-pound ground beef, 5-pound papaya box, potato chips and farm-sourced honey.

Participants are encouraged to order pumpkins, produce, beef and other products online at PulehunuiFarmMarket.com. A limited supply of these items will also be available for purchase at the event.

Net proceeds from all pumpkin sales will benefit Imua Family Services and its community-based program that assists keiki with overcoming developmental learning challenges.

“In difficult times like this when businesses and nonprofits join together, we create a symbiotic relationship that enhances community and cultivates stronger interconnectedness,” said Dean Wong, executive director for Imua Family Services.

For more information on Mahi Pono’s Fall Harvest, pricing and to preorder, visit PulehunuiFarmMarket.com.

The Mango Loa Project – Improving Hawaii’s Mango Industry By Using Ultra High Density Plantation (UHDP)

Techniques And The Open Tatura Trellis System.

High Density Mango Farming for the 21st Century: Orchard Installation and Management Years One to Three

Thursday October 29, 2020 12p.m.- 1p.m.

Zoom online
Register online at: https://www.eventbrite.com/e/the-mango-loa-projecthigh-density-mango-farming-in-the-21st-century-tickets-124657781781

We will discuss:
– Orchard layout, orientation, and management
– Pruning and training
– Pest control
– Nutrients

If you have any questions about the event or the Mango Loa project: umisfarm@gmail.com