Saturday, July 11, 2009
May 10th, 2009 press release, earnings
Stock price $28.55
Fiscal year ending 4/30/09
$622.87M profit, $1.73 a share, well over the projected 1.30 cents
The company is estimating $1.90 a share for the fiscal year ending April 29th, 2010.
We have 71 APC Freedom theaters open, with 1282 screens. We will continue to grow through acquisition and building in underserved areas. No construction is in progress at this time.
1214 APC Liberty second run theaters are open, with 8340 screens. Up to 50 more will open before May, 2010.
25 APC Night Owls "cinema cafes" are open, or will open before Fall, 2009, in the upper Midwest. Designed as a budget destination, family friendly place to watch a movie and enjoy a casual dining atmosphere.
Our 3 year plan involves having about 1400 Libertys open, along with 100-150 Freedoms, with about 50 of our Night Owls.
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. $1.950B 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.
Purchased White Castle and its 380 outlets (all other than those inside APC Freedoms, which were already franchised by APC) in March, 2009, for $552M. Purchased Biggby coffee and its 111 non-Freedom outlets for $15M, plus assumption of their debt ($68M), total of $83M.
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. Each of our establishments have a planned budget for special events for good causes that they draw from that does not affect their bonuses, if applicable. Our success is a direct correlation of our associates, and we are happy they continue to succeed with us.
We are currently sitting on $870M in cash, which we utilize rather than borrowing when we wish to expand or build. We are always looking to acquire profitable companies that have the potential for further growth.
Major shareholders include Bryan Clark, who originally founded the company, who owns 56.2M shares of common stock (of 360M issued), about 15.6% of the company.
PB/978.95=2011 fiscal year per share earnings {+620 as of 2/25}
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Purchased Newcastle United football club in England for $155M, which includes the assumption of their debt, which will be eliminated upon ownership approval. This was a unique opportunity to purchase a historic franchise in English soccer. Our goals with Newcastle are to get back into the Premier League ASAP and to enhance the experience of the world's most loyal and dedicated fans.
Stock price $28.55
Fiscal year ending 4/30/09
$622.87M profit, $1.73 a share, well over the projected 1.30 cents
The company is estimating $1.90 a share for the fiscal year ending April 29th, 2010.
We have 71 APC Freedom theaters open, with 1282 screens. We will continue to grow through acquisition and building in underserved areas. No construction is in progress at this time.
1214 APC Liberty second run theaters are open, with 8340 screens. Up to 50 more will open before May, 2010.
25 APC Night Owls "cinema cafes" are open, or will open before Fall, 2009, in the upper Midwest. Designed as a budget destination, family friendly place to watch a movie and enjoy a casual dining atmosphere.
Our 3 year plan involves having about 1400 Libertys open, along with 100-150 Freedoms, with about 50 of our Night Owls.
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. $1.950B 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.
Purchased White Castle and its 380 outlets (all other than those inside APC Freedoms, which were already franchised by APC) in March, 2009, for $552M. Purchased Biggby coffee and its 111 non-Freedom outlets for $15M, plus assumption of their debt ($68M), total of $83M.
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. Each of our establishments have a planned budget for special events for good causes that they draw from that does not affect their bonuses, if applicable. Our success is a direct correlation of our associates, and we are happy they continue to succeed with us.
We are currently sitting on $870M in cash, which we utilize rather than borrowing when we wish to expand or build. We are always looking to acquire profitable companies that have the potential for further growth.
Major shareholders include Bryan Clark, who originally founded the company, who owns 56.2M shares of common stock (of 360M issued), about 15.6% of the company.
PB/978.95=2011 fiscal year per share earnings {+620 as of 2/25}
-------------------------------------------------------------------------------------------------
Purchased Newcastle United football club in England for $155M, which includes the assumption of their debt, which will be eliminated upon ownership approval. This was a unique opportunity to purchase a historic franchise in English soccer. Our goals with Newcastle are to get back into the Premier League ASAP and to enhance the experience of the world's most loyal and dedicated fans.
