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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 StevieCohenon Jun 17, 2017 3:12pm
152 Views
Post# 26374289

RE:RE:What is going on?

RE:RE:What is going on?You guys are kind of over thinking this eh...people (the big money) have been rotating out of tech stock hard the last few days since they have been getting stretched quite a bit valuation wise.  AVO is kind of collateral damage as in demand for the stock will likely dry up during those times so it could have big moves down...it's still not that cheap though, Fern has to show some really earning potentional of the business, he has done nothing profit wise since like 2012-2013, it has stagnated and fallen quite a bit.  Thought it was supposed to be short term pain for long term gain?  Where are these larger profits?  He should retire and go out quietly if it doesn't start showing up quickly, it's been too long.
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