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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 snootchybootchyon Jan 19, 2018 6:19pm
298 Views
Post# 27398274

RE:RE:RE:RE:RE:nice

RE:RE:RE:RE:RE:niceI still think there is a good probabilty Avigilon is being set-up to be sold.  There was the building sale followed by Mr. Fernandes announcing he will be stepping down as CEO later this year.  And now the company seems much more promotional than in the past as there has been a regular stream of press releases over the last month or two, not to mention several occasions in the last 6 months when Avigilon has been selected as a top pick on BNN Market Call (compared to the not-so-distant past when these same analysts would come on and criticize Mr. Fernandes).  An American company can take them out and move Avigilon's HQ to the US to take advantage of the new corporate tax rates and growing "Buy American" sentiment.  Considering the huge premiums Canadian tech companies have been getting in takeouts, is a takeout price of $50 in our near future?
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