I was astonished (but pleasantly). Despite our management and board's best efforts to keep this company unknown, obscure, undervalued, underappreciated, never mentioned on CNBC (expect earnings warnings), etc., the value story here is actually getting out. Maybe there is hope.
I haven't seen a transcript, but the gist of the argument by the analyst (Jones was the name, I believe) said a far better banana pricing environment going forward. Storms have reduced supply. On top of that, to further reduce supply, CQB and DOL are cutting trees and reducing purchases from independent suppliers. She said that 50% of CQB's revenues and 40% of DOL's (plus 60% of DOL's profits) come from bananas. Also reiterated BBT expectation that CQB earns $1.71 next year.
She appeared on Squawk on the Street (Mark and Erin) this AM shortly before the market opened.