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

Bullboard Posts

Comment by abolduc3106on Aug 15, 2014 9:02am

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Post# 22845479

RE:selling to be expected at his point

Possible, but there's definitely is a lot of support at $19 right now.

Something people seem to be missing, because they are blinded by the EPS number, is that all of the spending for growth is being financed by operations. They generated close to $6M in net cash flow from ops last quarter, after all was said and done, and haven't touched one penny of their cash, which means there's still quite a bit of powder in the keg to propel the company forward.