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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 Sep 29, 2021 10:03am
154 Views
Post# 33936248

RE:RE:RE:Prospects?

RE:RE:RE:Prospects? I began investing in Ag Tech in the 1980s.  There were a few nice winners (stocks/companies), but the conditions were not suitable for the massive change necessary for opening large global technology-driven investment opportunities.  And the equipment manufacturers, input suppliers, governments, and large farmers were "fat, dumb, and happy."
Now, a few years behind other industries that have shown Ag a clear path, a digital revolution is taking place.  Much like renewable energy, nothing will be the same again.  There will be new winners amongst those who "get it" and put the wherewithal in place.  As the opportunities become clearer, AJX will be at the front of the line.
AJX could screw it up.  I am betting they will not.
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