Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

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 snootchybootchyon Apr 01, 2017 3:11am
232 Views
Post# 26062056

RE:RE:RE:Csinc

RE:RE:RE:Csinc
Candyswanwick wrote: What are you talking about? "good quarters" is the correct answer, how are you doing your valuations if you aren't using the companies fundamentals?  This stock is going to push higher if they keep up with the Cashflow numbers they have been pumping out recently. At 15 dollars AVO isn't nearly as good a deal as at 8 dollars (obviously). I have sold off a large amount of my position on its run up and so have other people, which is why there has been a lack of people buying. I'm not a big AVO bull. my calculation of intrinsic value for AVO is 24 dollars, that doesn't mean it will hit 24 dollars though, it also doesn't mean I will own the stock at 23 dollars or even 22 or  21 dollars, why? because there might be a place to put my money that is less risky at those prices.


Good quarters is only partially correct.  The other ingredient you need is valuation.  Right now, the market is not giving T.AVO the same valuation multiple as other companies with similar revenue growth.  I think the reason for this is that the market does not like Mr. Fernandes, for reasons that's been discussed ad infinitum on this board (e.g., all the turmoil in the c-suite, sacrificing profit to hit personal revenue targets, etc.)  The sentiment surrounding this company needs to improve so that we can get multiple expansion along with the "good quarters".  However, I'm not sure if Mr. Fernandes is the man to change the market sentiment on this name.  Time will tell.  I hope Mr. Fernandes proves me wrong.
<< Previous
Bullboard Posts
Next >>