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

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Comment by abolduc3106on Jul 23, 2015 1:24pm

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Post# 23953272

RE:RE:RE:RE:RE:RE:RE:RE:Focus is shifting

@Pieper

The only ones that are pleased with the current situation are the shorts and those who see a bargain to be had at these levels.

I don't see that anyone else really would be at this point, and that includes management who plainly have an interest in improving the stock performance and believe they will if you look at all the insider buying over the past several months and the NCIB they initiated in May.

That basically leaves two options right now, which are either to 1) throw in the towel if you think the company is a lost cause or 2) stick it out until the stock price improves to reflect the company fundamentals if you believe, after having done your research properly, that this is only a temporary situation, as I do.

A lot of people blame Alex Fernandes for stock performance since the start of 2013, and I guess they have a right to since he's the CEO, but I don't necessarily agree with them and I'm also not convinced putting someone else in that spot would magically make things better as some seem to think.

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