Tuesday, February 25, 2014

Hawaii Company Average Stock Prices Up 118% Under Obama and the US Fed, After Being Down 66% Due to Financial Meltdown

I found 5 Hawaii Headquartered Companies in Yahoo's superb Finance website with current Total Market Capitalizations of at least $100 mil and which also had their common stocks trading on each of the following three dates:

  • On December 31, 2007 during President Bush's second term
  • On March 6, 2009, very early in President Obama's first term, which was the lowest point for the US stock market due to the spillover effects resulting from the 2008 financial meltdown, and 
  • also on the most recent date February 24, 2014.
The historical stock prices of these companies were obtained from the following two excellent internet resources....  Google Finance and MarketWatch Big Charts.

These 5 Hawaii Companies had their equally-company-weighted average stock market prices decline by a massive 66% from December 31, 2007 during President Bush's second Presidential term, to March 6, 2009, very early in President Obama's first term, which was the very lowest point for the overall stock market due to the spillover effects resulting from the disastrous 2008 Financial Meltdown.

But in the slightly less than five years since March 6, 2009, the equally-company-weighted average stock market prices of these same 5 Hawaii Companies have increased by 118% through February 24, 2014.

Below here are the stock market prices of these 5 Hawaii Companies on February 24, 2014, on March 6, 2009, and on December 31, 2007: 






Market Market






Price Price






% %






Change Change



Market Market Market 3-6-09 12-31-07



Price Price Price to to
Hawaii Company HQs
2-24-14 3-6-09 12-31-07 2-24-14 3-6-09








Hawaiian Holdings Honolulu HI           11.33             2.51             5.10 351% -51%
Matson Honolulu HI           24.74             8.55           27.24 189% -69%
Bank of Hawaii Honolulu HI           57.30           26.27           51.14 118% -49%
Maui Land & Pineapple Co Lahaina HI             6.08             5.70           29.11 7% -80%
Central Pacific Financial Honolulu HI           19.62           75.40         369.20 -74% -80%








Average % Change all 5




118% -66%