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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 Aug 18, 2016 11:13am
185 Views
Post# 25154165

RE:RE:a fun challenge

RE:RE:a fun challengeSKI.. I know how to read a balance sheet. I never wnt bankrupt and have owned and operated a few companies. Am I happy seeing margins going down? NOOOOO. Confidence in investment community? well they only know what the see happening today. as I have asked before and not surprisgnly never received a response on was " how many "experts" in your famous investment community ever called there millions of customers up and said, we know the market os going to crash and we are selling off everything and parking your money in a safe spot ??? never happened to me and I doubt to anyone on this board. so lets drop the importance of "investment community from being a fountain of wisdom. you are I beelive correc that tax selling will likely hurt them AND being fully honest here. I doubt ( no inside knowledge) that Q3 will be any better/ likely worse sales volume, then Q2. Summer is typically very slow in sales. Companies and feds are all away on vacations from may to end of August and very little is purchased. So if they had some sales closing late spring, they will see a good summer, if order book was standard, they likely wont sell a ton in Q3. Q4 should be far better and Q1 of 2017 will see fruits of upcoming ASIS show this September. is AF to "blame" for decreased profit margins? I still think it was a mistake to buy their Vancouver building and the same for their card access purchase. but he is richer then me and most of us on this board soooooo!
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