WOODLAND HILLS, CA–(Marketwire – March 15, 2010) – Great American Group, Inc. (OTCBB: GAMR), a leading provider of asset disposition, valuation and appraisal services, announced they have been contracted to auction excess assets no longer required for the ongoing needs of Maui Pineapple Company.
The auction will take place on Tuesday, March 23rd, starting at 10:00 a.m. HT (Hawaii Time). Live simultaneous bidding will occur onsite and online. The sale will offer assets and equipment from three separate facilities and will include Processing & Cannery Equipment, Construction/Agriculture/Harvesting Machinery, Power Plant Generators, Trucks & Trailers, Facility Equipment, Machine Shop, Distribution and Warehouse Equipment, and much more! For detailed descriptions of all items available visit www.greatamerican.com or call 1-800-45GREAT.
Pineapple Plant Auction
Public Auction: Pineapple Plant of excess equipment no longer needed for current operations
Auction Date: Tuesday, March 23 at 10am – at Maui Beach Hotel in Kahului Maui
Previews/inspection on Monday, March 22, 9am – 4pm (at 3 locations or by appointment)
– 120 Kane Street, Kahului, 870 Haliimaile Rd. Makawao, 4900 L. Honoapiilani Hwy, Honolua Baseyard
Items for auction: Pineapple Processing & Cannery, Agriculture Equipment, Power Plant Generators, Trucks & Trailers, Facility Equipment, Machine Shop, Lab & R&D Equipment, Distribution Warehouse.
Auction information at www.greatamerican.com or 818-884-3747 ext. 1330
Hawaii and Related Agriculture Daily Charts for the week ending 03-12-2010
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) 03-12-2010
Whole Food Markets (WFMI) 03-12-2010
Calavo Growers (CVGW) 03-12-2010
Alexander and Baldwin (ALEX) 03-12-2010
Monsanto (MON) 03-12-2010
Syngenta (SYT) 03-12-2010
DUPONT E I DE NEM (DD) 03-12-2010
Maui Land & Pineapple loses $30.4M amid restructuring – Starbulletin
Maui Land & Pineapple Co., which ceased its pineapple operations late last year, reported a narrower loss in 2009’s final quarter than the same period in 2008.
The company posted a loss of $30.4 million, or $3.76 a share, compared with $70.6 million, or $8.86 a share, a year earlier.
For the full year the company lost $123.3 million, or $15.33 a share, versus a loss of $79.4 million, or $9.98 a share, in 2008.
The annual figure includes a $22.8 million loss due to the sale of the agricultural segment’s assets, employee severance and cancellation of contracts.
In November the company discontinued its 97-year-old pineapple operations, resulting in a 45 percent reduction in work force. Since then, Haliimaile Pineapple Co. started pineapple operations and bought some of its operating equipment and supplies for about $680,000.
ML&P ends ’09 with $123.3M in losses – The Maui News
Kapalua resort bulk of company business in the fourth quarter
A much-shrunken Maui Land & Pineapple Co. finished 2009 losing $123.3 million, equivalent to $15.33 a share.
The year before, it had lost $79.4 million, or $9.98 a share.
With Maui Pineapple Co. gone and the Community Development segment almost at a standstill, in the fourth quarter the company business was mostly Kapalua resort.
The resort had revenue of $6.8 million, down from $8.5 million in the last quarter of 2008, reflecting the decline in the visitor industry. Its operating loss was $4,672,000, down from $6,621,000 the year before.
For the year, Kapalua had revenue of almost $30 million and losses of $16.1 million. Thus the resort accounted for about three-fifths of the company’s total operating revenues in 2009 of $50 million, and about 13 percent of losses.
Pineapple had continued at a low level through the end of the year, and it continued to pile up losses. The loss from discontinued operations of $24.7 million accounted for four-fifths of the $30.3 million in losses in the fourth quarter.
Since then, ML&P has sold much of its Maui Pine assets to Haliimaile Pineapple Co., run by former employees, who are attempting to revive pine cultivation, although with a market to be limited almost entirely to the islands.
Of all the losses during the year, pine made up $11 of the $15.33 per share.
Hawaii and Related Agriculture Daily Charts for the week ending 03-05-2010
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) 03-05-2010
Whole Food Markets (WFMI) 03-05-2010
Calavo Growers (CVGW) 03-05-2010
Alexander and Baldwin (ALEX) 03-05-2010
Monsanto (MON) 03-05-2010
Syngenta (SYT) 03-05-2010
DUPONT E I DE NEM (DD) 03-05-2010
Hawaii and Related Agriculture Daily Charts for the week ending 02-26-2010
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) 02-26-2010
14.02% GAIN from the open on the 12th to the close on the 19th
open 3.28 02/12/2010 close 3.74 02/19/2010
activity on the 19th was extraordinary
Whole Food Markets (WFMI) 02-26-2010
Calavo Growers (CVGW) 02-26-2010
Alexander and Baldwin (ALEX) 02-26-2010
Monsanto (MON) 02-26-2010
Syngenta (SYT) 02-26-2010
DUPONT E I DE NEM (DD) 02-26-2010
Hawaii and Related Agriculture Daily Charts for the week ending 02-19-2010
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) 02-19-2010
14.02% GAIN from the open on the 12th to the close on the 19th
open 3.28 02/12/2010 close 3.74 02/19/2010
activity on the 19th was extraordinary
Calavo Growers (CVGW) 02-19-2010
Alexander and Baldwin (ALEX) 02-19-2010
Monsanto (MON) 02-19-2010
Syngenta (SYT) 02-19-2010
DUPONT E I DE NEM (DD) 02-19-2010
Case will chair Exclusive Resorts board – Pacific Business News
Exclusive Resorts announced Tuesday that AOL co-founder Steve Case has become chairman of its board of directors.
Case also will lead a $20 million round of new equity financing for the luxury destination club.
Case, who has served on Exclusive Resorts’ board since investing in the company in 2003, acquired majority ownership in 2004.
Exclusive Resorts has more than 3,000 members and a real estate portfolio valued at more than $1 billion. The Denver-based club was founded in 2002.
Case grew up in Honolulu and graduated from Punahou School. He is the majority shareholder of Maui Land & Pineapple Co. (NYSE: MLP) and serves on its board of directors.
Case also owns Grove Farm, one of Kauai’s largest private landowners, and is chairman and CEO of Revolution, a market investment firm.
Case will chair Exclusive Resorts board – Pacific Business News (Honolulu):