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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

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Post by GreyWhiskerson May 20, 2022 4:01pm
98 Views
Post# 34699401

Is the promoter here now talking about "the JP Morgan"

Is the promoter here now talking about "the JP Morgan"that developed many of the financial products like credit derivatives with the subsequent disastrous results.  Is this coming from the same promoter that talk of price fixing, comex, banksters, manipulations and whatever else and now this comes up.  Make up your minds please on what you shill.   Oh well it's sort of funny I guess but shows a bent towards shilling for sure.  

The promoters here must be sinking into the depths of dispair.  No one in my opinion should believe anything more of the promoters retoric if they are promoting any kind of JPM derivatives.

A good read of JPM and their activity is "Fools Gold" by Financial Times columnist Gillian Tett.  It focuses on the “innovation evangelists” within the firm. LOL  This  team within JP Morgan developed many of the financial products like derivatives, which almost brought down the financial system in 2008.

Look you promoters instead of getting yourselves deeper into the poo with nonsense, shilling and slagging why not spend some constructive time to think of ways that Axu can reduce costs, get less turnover and a better information cycle out to the shareholders in a timely manner.

Here's one or two.

Increase turnaround time for employees (say an extra week)  and reward them with a bonus if they stay for a stated period of time.  
Management takes a cut in pay untill things pick up and Axu shows some profit.

Maybe it's been tried already?

There must be one or two shareholders here who know mining, keno hill and the workings, ideas?





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