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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 KerBeron Mar 08, 2019 4:42pm
94 Views
Post# 29463574

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

RE:RE:What if you held a CC and no one came?
I would expect revenues of $68 million for the year, $21 million for Q4. What I would like is some clarity on whether the bulk order is to be extended or is there other similar types of orders in the pipeline. Also a little more information on the Mahindra agreement and what it means in terms of revenue. What about Stara, haven't heard much about them in years.The problem is, getting information from management is like pulling teeth. How can anyone invest in a company that refuses to divulge any pertinent information? I've mentioned this to DV and all I get is we are bound by confidentiality agreements. I'm pretty sure we can get a rough outline of what is going on without breeching these agreements.
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