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.

NDAQ:AVO - Post by User

Mission Produce Inc > Csinc

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Comment by csinc47on Mar 21, 2017 2:21pm

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Post# 26009200

RE:RE:RE:RE:RE:RE:Csinc

Ha, the building, another sore spot with me . Didn't an old news release suggest they could get upward of $100mm for that. Wonder what magical cap rate was used to produce that value. It is hard not to make money in this real estate market but to me it was a mistake even putting that number out there. I also said that at the time and remember taking heat for it. I hope I am wrong and the $100 is possible.

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