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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

Comment by Clarenceon Apr 26, 2016 10:58am
168 Views
Post# 24810294

RE:RE:More consolidation in the industry

RE:RE:More consolidation in the industryPieper et al: As a person who lives and breathes video. The market is growing in leaps and bounds. Tens of millions of old cameras need replacing. Due to terrorism, theft, automation, lawsuits, 99% protests etc etc, video is being installed everywhere. From what I understand, Hik makes 170,000 cameras a day and they have 16% of video market. So is that 1 million plus cameras installed each day! Pretty good and as mentioned, it is growing. Analytics is growing but a very niche market with only select gov departments using it and the odd large chain for shopper profiling. Older motion activated recording is all 99% of business and Gov needs or will use. They should use more of it but due to low end guard service and people employing them, they do not understand the benefits. So nice to have for select clientele and for marketing purposes. I know, I have heard clients asking about the technology but their eyes glaze over once sales m=people start giving details. They simply do not understand security and the benefits the technology can provide. Maybe one day but not yet. Canon, Minolta all have plants and for them to add a line of surveillance cameras to it, is an easy process. They have brand name recognition so easy for some installer to have confidence in their product, even if it was someone elses to begin with. I can easily see Avigilon being a target by one of the big boys. Could be a Honeywell, ADT, or . So to recap. Excellent market to be in, easily a target for acquisition and the product line, engineering and people are all good. No reason this stock shouldnt be in the 40s or higher.
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