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AMREP Corp T.AXR


Primary Symbol: AXR

AMREP Corporation is a holding company, which conducts business through its subsidiaries. The Company operates through two business segments: land development and homebuilding. The land development segment offers for sale both developed and undeveloped real property to national, regional and local homebuilders, commercial and industrial property developers, and others. The Company owns approximately 17,000 acres in Sandoval County, New Mexico. The Company develops both residential lots and sites for commercial and industrial use as demand warrants. The homebuilding segment offers a variety of home floor plans and elevations at different prices and with varying levels of options and amenities to meet the needs of homebuyers. The Company is focused on selling single-family detached and attached homes. The Company commenced operations in New Mexico of its internal homebuilder, Amreston Homes. The Company utilizes internal and external sales brokers for home sales.


NYSE:AXR - Post by User

Bullboard Posts
Comment by thebiglebowskion Dec 30, 2017 2:25am
166 Views
Post# 27250353

RE:2018 MAGA!

RE:2018 MAGA!Yes, in hindsight ,shutting down production was a stellar move. Can you imagine if they spent the last 5 years selling their silver at those depressed prices ? Blowing through their resource for no material gain. Ramping back into production in the last half of 2018 couldn't be more well timed. Silver should be well over $20 and AXR should see the low to mid teens for share price. The grades for the first 3 years is beyond belief. Alost 1kg of silver per ton of ore at one point... Amazing
Bullboard Posts