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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

Post by sparkyAgon Sep 16, 2021 7:46am
155 Views
Post# 33867414

The future for AJX is not a simple extension of the past.

The future for AJX is not a simple extension of the past.Investors looking for signs of progress at AJX, the hoped-for progress that stimulated their buying of the stock in the first place, should not look for what they hoped for in those years past.   The progress that will move the company forward and the stock price higher will come from initiatives not imagined by investors a few years ago.
Note: I am not saying that what investors hoped for and expected in those past years will not happen.  It is just that they will occur alongside and because of the success of those initiatives not imagined by investors a few years ago. 
In my experience, success often unfolds in this fashion.
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