Sunday, May 11, 2008
May 12th press release, earnings
Stock price $21.54
Fiscal year ending 5/1/08
$443.11M, $1.23 a share, well over the projected 95 cents
The company is estimating $1.30 a share for the fiscal year ending May, 2009.
We have 58 APC Freedom theaters open, with 1042 screens. We have 7 more in Phase 1 of construction, scheduled to open in the Fall of '08. Will continue to grow through acquisition and building in underserved areas.
1144 APC Liberty second run theaters are open, with 8340 screens. Up to 70 more will open before May, 2009.
Still looking at "cinema cafes", have plan in place, but will not begin until Liberty division has little room for further growth.
Our 3 year plan involves having about 1400 Libertys open, along with 75-100 Freedoms, with less than 50 of our proposed cafe style theaters.
Opened a financial services business in 11/05, 4 mutual funds began business in 1/1/06, added 5 more 1/1/07 (one being a money market). Began with $40M in invested funds. $750M in invested funds as of 5/1/08 ($215M in Rival). American Capitalist.
Opened an insurance division, American Security Preservation, 1/1/08, mainly involved only in term-life and modified whole life as of now. Will look to expand through purchase of existing company before 2010, and eventually look to begin marketing through all methods.
Began an educational/motivational lecture circuit in March, will go full speed ahead in September, up to 12 a month. American Motivation. Operates during the school year, Sep-May, Tue-Thurs, during non-holiday weeks.
We plan on continuing to grow and be a successful and profitable company. We always have been a debt-free company, as well as a charitable member of the community, state, and country. We do not plan to change that aspect of our business. Our success is a direct correlation of our associates, and we are happy they continue to succeed with us.
Stock price $21.54
Fiscal year ending 5/1/08
$443.11M, $1.23 a share, well over the projected 95 cents
The company is estimating $1.30 a share for the fiscal year ending May, 2009.
We have 58 APC Freedom theaters open, with 1042 screens. We have 7 more in Phase 1 of construction, scheduled to open in the Fall of '08. Will continue to grow through acquisition and building in underserved areas.
1144 APC Liberty second run theaters are open, with 8340 screens. Up to 70 more will open before May, 2009.
Still looking at "cinema cafes", have plan in place, but will not begin until Liberty division has little room for further growth.
Our 3 year plan involves having about 1400 Libertys open, along with 75-100 Freedoms, with less than 50 of our proposed cafe style theaters.
Opened a financial services business in 11/05, 4 mutual funds began business in 1/1/06, added 5 more 1/1/07 (one being a money market). Began with $40M in invested funds. $750M in invested funds as of 5/1/08 ($215M in Rival). American Capitalist.
Opened an insurance division, American Security Preservation, 1/1/08, mainly involved only in term-life and modified whole life as of now. Will look to expand through purchase of existing company before 2010, and eventually look to begin marketing through all methods.
Began an educational/motivational lecture circuit in March, will go full speed ahead in September, up to 12 a month. American Motivation. Operates during the school year, Sep-May, Tue-Thurs, during non-holiday weeks.
We plan on continuing to grow and be a successful and profitable company. We always have been a debt-free company, as well as a charitable member of the community, state, and country. We do not plan to change that aspect of our business. Our success is a direct correlation of our associates, and we are happy they continue to succeed with us.
