ML&P goes ahead with plan to raise $40M

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Maui Land & Pineapple Co. has filed registration documents to proceed with a previously announced plan to convert some of its debt into equity.

On Thursday, the company said it intends to pursue a rights offering for up to $40 million of its common stock. That means it will offer existing stockholders the right to purchase additional shares in the company, raising money that will be used to pay back lenders.

ML&P said shareholders have already subscribed to $27.5 million of the offering.

If the rights offering is sold out, ML&P will repurchase all of its outstanding senior secured convertible notes – a kind of debt that allows lenders to take what they’re owed in the form of stock, if they’re not paid off in cash.

Hawaii and Related Agriculture Daily Charts for the week ending 06-04-2010

Hawaii and Related Agriculture Daily Charts for the week ending 06-04-2010
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The annual charts have bee updated. CLICK HERE to view.

The 360 day comparative price, line and histogram charts, page has been updated also. CLICK HERE to view.

Maui Land and Pineapple (MLP) 06-04-2010
Maui Land and Pineapple (MLP)

Whole Food Markets (WFMI) 06-04-2010
Whole Food Markets (WFMI)

ML Macadamia Orchards LP (NNUT) 06-04-2010
ML Macadamia Orchards LP (NNUT)

Alexander and Baldwin (ALEX) 06-04-2010
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Monsanto (MON) 06-04-2010
Monsanto (MON)

Syngenta (SYT) 06-04-2010
Syngenta (SYT)

DUPONT E I DE NEM (DD) 06-04-2010
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Hawaii and Related Agriculture Daily Charts for the week ending 05-28-2010

Hawaii and Related Agriculture Daily Charts for the week ending 05-28-2010
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The annual charts have bee updated. CLICK HERE to view.

The 360 day comparative price, line and histogram charts, page has been updated also. CLICK HERE to view.

Maui Land and Pineapple (MLP) 05-28-2010
Maui Land and Pineapple (MLP)

Whole Food Markets (WFMI) 05-28-2010
Whole Food Markets (WFMI)

ML Macadamia Orchards LP (NNUT) 05-28-2010
ML Macadamia Orchards LP (NNUT)

Alexander and Baldwin (ALEX) 05-28-2010
alexweek052810

Monsanto (MON) 05-28-2010
Monsanto (MON)

Syngenta (SYT) 05-28-2010
Syngenta (SYT)

DUPONT E I DE NEM (DD) 05-28-2010
Syngenta (SYT)

Hawaii and Related Agriculture Daily Charts for the week ending 05-21-2010

Hawaii and Related Agriculture Daily Charts for the week ending 05-21-2010
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The annual charts have bee updated. CLICK HERE to view.

The 360 day comparative price, line and histogram charts, page has been updated also. CLICK HERE to view.

Maui Land and Pineapple (MLP) 05-21-2010
Maui Land and Pineapple (MLP)

Whole Food Markets (WFMI) 05-21-2010
Whole Food Markets (WFMI)

ML Macadamia Orchards LP (NNUT) 05-21-2010
ML Macadamia Orchards LP (NNUT)

Alexander and Baldwin (ALEX) 05-21-2010
alexweek052110

Monsanto (MON) 05-21-2010
Monsanto (MON)

Syngenta (SYT) 05-21-2010
Syngenta (SYT)

DUPONT E I DE NEM (DD) 05-21-2010
Syngenta (SYT)