Mission Produce Inc T.AVO

Primary Symbol: AVO

Consumer Defensive Packaged Foods

Mission Produce, Inc. is engaged in the farming, packaging, marketing, and distribution of avocados to food retailers, distributors and produce wholesalers. It operates through three segments: Marketing and Distribution, International Farming, and Blueberries. Its Marketing and Distribution segment sources fruit from growers and then distributes the fruit through its global distribution network. Its International Farming segment owns and operates orchards from which all fruit produced is sold to its Marketing and Distribution segment. Its farming activities range from cultivating early-stage plantings to harvesting from mature trees. Its Blueberries segment is a farming operation that cultivates blueberry plants in Peru. It provides value-added services including ripening, bagging, custom packaging, logistical management, and quality assurance. The Company also provides its customers with merchandising and promotional support, insights on market trends and hands-on training.

NDAQ:AVO - Post by User

Mission Produce Inc

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Post by carlos6on May 14, 2014 7:59am

287 Views

Post# 22559028

Throwing out the baby with the bathwater syndrome

That is what happened to the AVO's SP recently. Over-reaction & short term thinking by day traders & hedge funds who probably made $$$ by selling AVO short.

Campbell is probably the first person to put in a buy order on BNN with more to follow in the following days.

The price multiple will soon be expanded after hearing Campbell's comments & analysts looking for bargains get their heads around the numbers & what they mean going forward. Probably no downturn or sell in May/June for AVO now that this has happened.

carlos

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