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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 ZoranStoon Mar 08, 2019 10:22am
84 Views
Post# 29460758

RE:What if you held a CC and no one came?

RE:What if you held a CC and no one came?That could very well be the case. The new IR (not so new anymore I guess) is horrible. They have done nothing for AJX. Not sure how much they are paying them but there seems to be zero interest in the investing community. I am shocked that the board is ok with the lack of exposure.

As for the Q4 results....I have no idea what to expect or how the market will react. I was hoping that we would hear this month if the bulk purchase will be renewed. Was it a one time deal? What will the customer do with their final product after June 30th? Lots of questions and as usual very little from management.

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