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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 Pieperon Apr 03, 2015 6:30pm
202 Views
Post# 23595889

RE:RE:RE:RE:RE:Bit of beat down this morning...

RE:RE:RE:RE:RE:Bit of beat down this morning...To MagicBeans. Thanks for the great letter. It should put some of our fellow investors at ease.  Even though I definitely agree with you and I also share with you the confidence you have in the management of this company I have tried in the past to make our friends understand that I have reasons to believe that this stock is undervalued because of contineous manipulaton by shorts and longs who hope to buy more of the stock at a low price then needed to make up for the losses they made through the manipulations. It came to my attention that some people fear that this effort of mine may have scared investors.  I must say I was surprised about that because I made it clear right from the beginning that my intentions are the same as yours: Avoid panick. That the shares are undervalued is a fact and this can only be explained by two different reasonings: Either the company is no good or the shares do not represent the true value. If the first explanation would be true I also would panick. However, since I'm convinced that we have invested in a great company I'm  much relieved that I can steady my nerves because I have a more pleasant explanation for the drop in in the value. Since there must be a reasonable explanation for the poor performance of AVO shares I'm glad that I found a valid reason other then poor management. With poor management we would have no chance that the shares would ever recover. However, the manipiuation will have to stop at some time. Let's see who laughes last.
Bullboard Posts