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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 Senior1on Jun 16, 2017 5:32pm
354 Views
Post# 26372666

Stock Price

Stock PriceI understand the frustratio n with the share price. I also feel it. As a long time investor and my experience working with the management team of a company that had its stock price decimated, I can assure investors that the only way AVO's management canmove the stock price is with consistent positive fundamentals. Buying back a lot of stock may get a brief price spike and it will deplete the company treasury. A poor idea! An aggressive PR/advertising program, in my view, would change little and deplete the balance sheet.
I am in for the long term unless the fundamentals deteriorate. If that happens, I will unwind positions in all the accounts that I manage. Currently I am pleased with the fundamentals. The stock may be manipulated but ultimately fundamentals rule. I strongly support AF's decision to do nothing about the share price.
All the sest to us longsuffering shareholders.
Ed, the old guy
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