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.

NDAQ:AVO - Post by User

Mission Produce Inc > higher bidder?

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Comment by TimeScapeon Feb 01, 2018 5:11pm

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Post# 27484083

RE:RE:RE:RE:higher bidder?

1condor, I guess we see things a little differently. Perhaps you have a more detailed understanding of the future for this business, or maybe just more optimism. I'm thinking at $30, you're talking a little over 20 times this year's estimated earnings, compared with peer group at about 17 times. CIBC has a $22 target based on 15 times, which clearly was too low. In any event, the share price tomorrow will give an indication of what the market thinks.

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