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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

Comment by Stratocheifon Dec 07, 2020 8:27am
140 Views
Post# 32048168

RE:RE:RE:RE:MMG's CEO Greg Johnson says AXU's "Bermingham is.... :

RE:RE:RE:RE:MMG's CEO Greg Johnson says AXU's "Bermingham is.... :Yes stay with the miners that prosper at $17. There are silver companies who also produce zinc, lead, and even copper. So in effect they are diversified and can better withstand a drop in silver price. I dont give a fkk about keno hill or Greg Johnson. Im only interested in investing for profit. Axu has a high market cap already and is a one horse show due to the high silver content of its mine. If silver price falls to 17 or 16 that market cap will go nowhere. Could even fall by half as is often the case in the mining sector when things start to get aneroxic
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