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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
Post by MikeySwooshon Jun 26, 2015 11:25pm
227 Views
Post# 23873524

May I add...

May I add...It is quarter end and semi-annual end in a couple of business days, so I'm not surprised to see some selling going into that. Today was the last day to sell AVO for it to not show up on books of institutional holders for those periods. Granted that's not something positive to take away, it might explain some of the pressure seen on the stock over the past few days. Of course, the absense of Cannacord has also contributed to that, as ABolduc mentioned. I'm also not entirely sure why the NCIB has grinded to a halt, but perhaps they're letting the market flush out more of the sellers to accumulate again now at a lower price. It's a little frustrating, but if all goes well with Q2 results and beyond, I'll appreciate that Cannacord snatched up the shares for a couple of bucks less...just means more cash on the balance sheet! GLTA 
Bullboard Posts