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Great Ajax Corp T.AJX


Primary Symbol: AJX

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.


NYSE:AJX - Post by User

Comment by sparkyAgon Dec 18, 2020 2:33pm
176 Views
Post# 32141577

RE:RE:2021 Is the Last Year For AJX to Prove Itself

RE:RE:2021 Is the Last Year For AJX to Prove Itself
I spent 2 days recently listening to panels put together by Ag Equip Intelligence. (https://www.agequipmentintelligence.com/)  

There was an Autonomous Panel, a Specialty Equipment Panel, an Overseas Panel, a Precision Dealers Panel, and more.

Each panel lasted an hour or more and had several panelists steeped in precision Ag knowledge and experience. 

There was one consistent message. The future is about "precision, precision, precision".  Another message was the importance of SAFETY. (Note a recent AJX steering safety patent award)

Everyone is scrambling to come out with PA competitive equipment and capabilities  The big OEMs are behind the curve. They need to catch up. The smaller OEMS need to get busy too.  

Existing equipment needs to be retrofitted to handle the capabilities of PA enabled implements.

Where are these folks going to get capabilities other than AJX?

Also, there is a global push to provide connectivity to every farm (so all of the equipments can communicate with cloud data and between themselves.  This is good for AJX.  Connectivity enables precision.  Precision is where it is at for AJX.  

The push towards biodiversity on farms and the move towards organic also helps AJX as more precision is required (precision tillage vs. no-till and herbicides). 

I think we are well positioned.  

Also...
A lot of venture money went into Precision Ag.  There will be IPOs and SPAC activity to get them liquid.  This will draw attention to AJX.  

Sit back and relax.  Our day will come. 

BTW.  I doubt there will be enough investor support to get the company sold.  





 
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