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.

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Mission Produce Inc

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Post by MikeySwooshon Sep 16, 2015 12:36pm

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Post# 24109029

CIBC Conference Webcast w/Ric Leung...

https://webcasts.welcome2theshow.com/cibciic2015/avigilon

Hope AVO isn't stricken with Leung disease tomorrow afternoon. Ric has a lot to prove from an investor relations and marketing standpoint. Last quarter's CC and his subsequent interview with BNN left a lot to be desired from such a senior executive. All that is forgotten or mitigated if Ric can prove himself as a good steward of capital going forward. Avigilon has spent a lot of money over the past 12 months from patent acquisitions and an office building to share buybacks, among other expansionary capex and opex. Here's to hoping those investments/expenditures reap rewards sooner rather than later. GLTA

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