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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 Clarenceon Oct 16, 2015 1:38pm
94 Views
Post# 24198835

RE:RE:RE:RE:RE:RE:time for AF and team to get SERIOUS

RE:RE:RE:RE:RE:RE:time for AF and team to get SERIOUS@ ersk. Point noted on cap. That said, I believe I have seen comments here (true or false not sure) that canancord was often absent from purchasing these 60k shares a day? Also, why are investment firms not buying and holding if such a great deal? You are not correct when it comes to panels. Panels are the biggest expense. Costs money to make, warehouse, improve upon etc Each doors equals approx $600.00 in sale value to them. You can have 1000 doors (very big job) and run just one copy of software (with 4-5 workstation licences) for maybe $1,800.00 in software so almost all a systems cost is in fact hardware. Yes they make easy money on software but thats not biggest cost in any decent sized card access sytem. If a small system is needed, there are even less expensive options than AVO. Trust me, you can get a 2 door panel for 500 and free software. Soooo if they are going after mid sized jobs then 100 doors is likely their norm. So my calculation of how many panels it takes to make up the 17 million price tag still holds. If anyone wishes to let me know if that 17 million can be paid off with significantly fewer panel sales, by all means let us know but till then. My estimate holds. Remember that was just to buy it, you still need to support it so that annual cost still needs to be paid and adds to the 17 million! Does renting not provide for greater tax right offs and thus reduce current costs? Could they have not used the money to advance sales instead? Did they also need to purchase where they did. Could they have not found something less expensive in an industrial park?. Remember that is our money they are spending on nice digs. Get over the ego and focus on sales of cameras. You do not need sexy digs to manufacture and ship a blasted camera.
Bullboard Posts