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Mission Produce Inc T.AVO


Primary Symbol: AVO

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

Bullboard Posts
Post by MikeySwooshon Dec 15, 2014 3:11pm
313 Views
Post# 23232266

Making an argument for AVO...since Q3.

Making an argument for AVO...since Q3.Despite tax-loss selling, which ought to be largely done, as AVO has been trending down for the better part of the year, I'm really surprised that we're not seeing any traction with the SP. The CAD has depreciated better than four percent since the end of Q3, and foreign exchange can be a significant driver of gross margins for AVO, and ultimately EPS. Tied to that, energy prices have depreciated considerably, and with sales and marketing a significant cost to Avigilon, one would think that that would have a positive impact on that figure. Conferences, trade shows, sales calls, installations, order shipping, etc. require fuel expense, and granted the number may not be huge, It's still a net positive for AVO. Also, the majority of Avigilon's revenue is generated from countries that will see a net benefit from the decline in energy prices, and that discretionary income has to be taken as a positive. I acknowledge that there's been recent pressure on stock markets around the world, but there are certainly stocks bucking that trend, and I'm making the argument that AVO should be one them! I'd like to hear your input. GLTA   
Bullboard Posts