Great Ajax Corp T.AJX

Primary Symbol: AJX

Real Estate

Great Ajax Corp. is an externally managed real estate company. The Company’s primary business is acquiring, investing in and managing a portfolio of mortgage loans. The Company operates in a single segment focused on re-performing mortgages, and to a lesser extent non-performing mortgages and real property. The Company primarily targets acquisitions of re-performing loans (RPLs), which are residential mortgage loans and non-performing loans (NPLs), which are residential mortgages. It invests in single-family and smaller commercial properties directly either through a foreclosure event of a loan in its mortgage portfolio, or, less frequently, through a direct acquisition. It may acquire RPLs and NPLs either directly or in joint ventures with institutional accredited investors. It may also acquire or originate small balance commercial loans. Its manager is Thetis Asset Management LLC. It conducts its business through its operating partnership, Great Ajax Operating Partnership L.P.

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Great Ajax Corp

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Comment by ZoranStoon May 19, 2017 2:33pm

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Post# 26265734

RE:Some hope for precision agriculture

Good article.....I hope this does translates to sales for AJX.....there is a chance that AJX could be acquired but I doubt that will happen. AJX is focused on growing their business....it has been many years and very little growth to show for it, so maybe they should look at selling. Only time will tell BUT it does sound like the Ag market may finally be turning around after a very long depression cycle.

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A junior copper-gold stock trading at a bargain of monumental proportions