Friday, October 24, 2014

Alaska Company Stock Market Prices Up 567% Since March 6, 2009.....an Explosive Jump Up in the Past Week.....Audited Earnings For 2 Years 2012 and 2013 Combined Up 1,657% Over 2 Years 2008 and 2009 Combined

Since the Alaska US Senate Race is now so close, I think it would be helpful to update how Alaska Companies have done on the stock market price front since March 6, 2009, which was the very bottom point of the US Stock Market due to the spillover effects resulting from the disastrous 2008 financial meltdown.

During this five years and eight months period of time from March 6, 2009 through October 27, 2014, Moderate Mark Begich was an Alaska US Senator.

I found 2 Alaska Headquartered Companies in Yahoo's or Google's superb Finance websites or from SEC filings with current Total Stock Market Capitalizations of more than $100 mil each 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 October 24, 2014.
I also included Alaska Air Group even though it is headquartered in Seattle, Washington because it has such substantial operations in Alaska.  That makes it 3 Alaska Companies shown below.

The historical stock prices of these companies were obtained from the following two excellent internet resources....  Google Finance and MarketWatch Big Charts.

These 3 Alaska Companies had their average equal-company-weighted stock market prices decline by a massive 53% 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 five years and eight months since March 6, 2009 through October 24, 2014, the average stock market prices of these same 3 Alaska Companies have increased by a clearly spectacular 567%.  This 567% increase is a substantial step up in percentage increase from that of just a week ago, where the average increase was a much lower 501% from March 6, 2009 to October 17, 2014.   

Thus in the six years and ten months from December 31, 2007 before the 2008 financial meltdown to the most recent date October 24, 2014, the equally-company-weighted average stock market prices of these same 3 Alaska Companies have increased by a clearly off-the-charts 253%...... yeah, these Alaska Companies have not just recouped the massive amount they lost with the disastrous 2008 financial meltdown, but also added another 253%.

Below here  are the stock market prices of each of these 3 Alaska Companies on October 24, 2014, on March 6, 2009, and on December 31, 2007, along with the related Stock Market Price Percentage Changes:






Market Market Market






Price Price Price






% % %






Change Change Change



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

HQs
Price Price Price to to to

10-24-14 3-6-09 12-31-07 10-24-14 3-6-09 10-24-14



$ $ $ $ $ $
Alaska















Alaska Air Group Seattle WA      50.20        3.77        6.25 1232% -40% 703%
Northrim Bancorp Anchorage AK      27.59        6.90      21.32 300% -68% 29%
General Communication Anchorage AK      11.04        4.11        8.75 169% -53% 26%









Average % Change all 3




567% -53% 253%

In addition to the above 3 Alaska Companies, there are also Audited Financial Statements available for the Alaska Region of the giant Hospital Chain Providence Health.  Thus included below is the Audited Net Income (Loss) From Continuing Operations for each of these 4 Alaska Organizations in each of the six years 2013, 2012, 2011, 2009, 2008 and 2007, along with the related Net Income (Loss) Percentage Changes:


2013 2012 2011 2009 2008 2007



Audited Audited Audited Audited Audited Audited


Most Net Net Net Net Net Net


Recent Income Income Income Income Income Income
Alaska Companies HQs FYE (Loss) (Loss) (Loss) (Loss) (Loss) (Loss)



 $ mils  $ mils  $ mils  $ mils  $ mils  $ mils









Alaska Air Group Seattle Dec 13              508              316              245              122           (136)              124
Providence Health Alaska Region Anchorage Dec 13              114              103                65                36                27                71
General Communication Anchorage Dec 13                32                  9                  5                  4                (4)                14
Northrim Bancorp Anchorage Dec 13                12                13                12                  8                  6                12









Total all 4 Alaska Companies

             666              441              327              170           (107)              221









Two Years Total Earnings







..2012 and 2013 Combined 1,107






..2008 and 2009 Combined      63






……….% Increase 1657%















Annual Earnings % Increase







…..2013 Over 2007 201%