Mission Produce Inc T.AVO

Primary Symbol: AVO

Consumer Defensive Farm Products

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

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Post by kurtwalteron May 07, 2014 2:11pm

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Post# 22534637

Peter Imhoff, ex-Sprott, now AGF

On BNN Market Call Peter was asked about AVO. He said that he had been in touch with an analyst who had contacted the company. AVO insisted that this was purely a (serious?) health issue. Note that some analysts have indicated that this will be a weaker quarter for AVO as the company is increasing its capital spending, but consequently good result are expected for the better half of 2014. I have added a small amount to my holdings.

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