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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

Post by shankarkalon Aug 17, 2016 3:26pm
345 Views
Post# 25151332

confidence!

confidence!@clarence, I am quite happy to know your success in your chosen security business and wish you more success in the coming years too! I have been in the stock business for quite a long period with my share of success( luck!) too. Still handling portfolios for my clients. I just shared my thoughts based on my experience . It is not based on knee jerk reaction like others do. If a stock is not able to hold or advance (even after 37 consequitive quarterly revenue increases ) and slide more than20% after reporting a small quarterly loss, it tells the underlying symptom of loosing  the confidence of investors. You,  as a successful businessman,would agree that  a good bottom line is a key barometer to measure the success of any business.  It is nothing new or abnormal for a business or industry  to post quarterly loss but the perceived  notion of its investors matter a lot. After all, we investors  play with the stock to make money only  and  not to gift it someone.Stocks , for example, CNQ, CPG  have been  loosing several millions of dollor for the last 2 years  but  these stocks did not slide more than 5-6 % even on the worst day. Yes , they are low compared to their peak , but  have shown the resilence to bounce back at the first opportunity. This is what is missing in this counter very much.   Anyway, Good luck to all those believers!
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