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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 Senior1on Feb 13, 2018 12:18am
314 Views
Post# 27548729

RE:RE:RE:RE:RE:RE:A bit of a silver lining.

RE:RE:RE:RE:RE:RE:A bit of a silver lining.I have seen a significant delay between an initial offer and a competing offer. You may find that AVO, being motivated to close this deal with Motorola, will get the written offer out to shareholders asap leaving the minimum time for a second bid. If we don't have a second bid within about five weeks, I doubt there will be one. I will still vote 'no' because the offer is too low. On my last takeover the offer was rejected and the same company came back with an improved offer. I would not be sorry to see AVO continue as an independent company for another year or more. This would establish the trajectory of revenue, cash flow and earnings. My guess is that, if the business continues on its current path, we should be looking at $40 to $50 share price. The demand for quality security is huge and growing. Look at the premium in the last takeover in this sector. With AF gone I think this company should shine.
Edler Ed

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