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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

Bullboard Posts
Comment by WonmanshowBMLon Jul 06, 2014 3:27am
453 Views
Post# 22719020

RE:Chart Looking Even Better

RE:Chart Looking Even BetterMy take on the share price is as follows: Around May 7 the sp was at $26ish. The results of .19/share (beating estimates) should have bumped it to at least $27. But then the CFO fiasco happened and some fund mgrs. like Hodgins not only dumped but shorted. The next financials are due about Aug. 4. I believe further buying will occur prior to the next financials running the sp between 26-27. i.e. back to where we started. If the results indicate AVO is moving towards the $500M target the sp will be on a tear. There is every reason to believe sales, margins and profits are increasing. The flip from analogue to HD and the adoption of user friendly security systems is the way of the corporate world. Just like the recent transition from CRT TV's to HD in private homes. Just my thoughts. Agreed?
Bullboard Posts