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 > A bit of a silver lining.

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Post by ahson Feb 08, 2018 9:36pm

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Post# 27530915

A bit of a silver lining.

Compared to a S&P 500 etf, AVO is now up 34% due to the market correction. That is a bit of a bonus to the 28% the board gave us. I just hope the board doesn't negotiate a cut in the purchase price because the buyer paid more than he could have.
To comment on Commodity16's post, I believe another company could make a hostile bid, and the board would have no choice but to entertain it. I am far from certain about this.

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