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 > Big picture.

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Comment by sparkyAgon May 13, 2021 8:37am

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Post# 33190158

RE:RE:RE:RE:Big picture.

I suggest carefully reading and digesting the transcript of the conference call on Tuesday, May 11, 2021.

It appears to me that the VAR strategy and direct to farmer initiatives that are short cycle and rely on existing product are well thought out and have a strong chance of being a bridge to automation/autonomous. And taken together they inform the OEM efforts.

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Advancing an underexplored area of the Yukon with the same geology as B.C’.s Golden Triangle