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.

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Mission Produce Inc > Is this company is finished

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Post by sabastionon Sep 13, 2016 2:54pm

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Post# 25232648

Is this company is finished

This company is broken, once it is delisted from the TSX it;s share price will sink and trigger the short position. I hate to take a loss on my investment but now is the time to get out.
Management are not able to pull it out of it;s decline, the only hope is that someone will buy it and replace the board. Insiders buying shares will fail to prop up a sinking ship. Time to move on and not look back.

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