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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

Comment by Pieperon Feb 28, 2017 4:18pm
249 Views
Post# 25907980

RE:RE:Royal Bank put price target at $16

RE:RE:Royal Bank put price target at $16@ shark.  I think I would have no difficulties to agree with you on most points.  However, I find it more important to talk about the little things we don't see Eye to Eye. You said AVO could not convert the phenomenal growth into profit.  To my knowledge AF stated he would make the company grow to have sales of 500 M while being profitable. Based on this promise the shares made it up to $ 33.00.  Following thisanalysts doubted his words and even called him dishonest or worse. The shares droppebelow $8.00 yet he fulfilled his promise; every year he was profitable and he reached his goal ahead of time.  Yes, his expenses increased because to achieve his goal he had to increase his salesforce at least  18 month ahead of having the benefits but he remained profitable every single year. the same applies to research.  I understand some of our readers find it tiresome when I talk of manipulation and that is the reason why I write much less. However, I do not talk of manipulation because I'm a stubborn mule but because I'm also accustomed to set my priorities so I can concentrate on matters of importance and not on rather weak reasons what else could have caused the disaster. For two days some tried to manipulate again with rather weak tricks, tricks I was sure they most likely would not be successful with. Most likely they did not have much hope either but enough to try again. So, among other things they set a match of a considerable volume for a price of $14.01 before opening.  Of course it opened much higher but it still had an effect on the general mood.  However, the dangerous thing with that was that if even for a second no bids or offers above this price would have been in the mill, this trade would automatically have been activated, the price would have dropped to this level and of course panic would have set in again. And panic will set in again if people do not realise that it is only manipulation that affects this stock that much and not the rather unimportant ups and downs every company has to face.
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