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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
Comment by ErskineReidon Jul 30, 2015 11:33am
124 Views
Post# 23975955

RE:Words of wisdom

RE:Words of wisdomWise words but cheap products are a necessary and complementary part of the market. AVO just hit 2% of the worldwide security market share and they're getting there with ever higher margins, a very positive sign. Cameras from China may well be the cheap equivalent of weatherproof webcams but they're sufficient to cover some areas and they work great with Avigilon software. That's 99% profit margin for AVO. Just like they've been cost-effectively integrating with cheap analog cameras for years, they'll keep being part of hybrid systems with lower-end digital cameras for years to come.
Bullboard Posts