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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 dt_coreon Dec 22, 2020 10:10am
192 Views
Post# 32160128

RE:Deere going after Ag Leader -- Kinze for patent infringement

RE:Deere going after Ag Leader -- Kinze for patent infringementIt seems that Ag Leader is running into patent issues in multiple areas, all associated with their new product direction. This may help answer the question about how careful or calculated Ag Leader was when embarking on this strategy... the answer as it turns out may be "they weren't"! Firms like Ag Leader are facing a squeeze given that they don't own much IP and can get undercut by the likes of AJX in the secondary market AND also when trying to sell directly to OEMs. It smells like a deseperate move by the firm but until these legal issues play out we won't know for sure. Deere has a large precicion ag. patent portfolio, much like AJX but broader, and they have VERY deep pockets! 
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