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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 Looking4Doubleson Jun 27, 2022 11:09am
107 Views
Post# 34784585

RE:Oh look, in my opinion, this is a deal just for you.

RE:Oh look, in my opinion, this is a deal just for you.Your reply proves my points - you have neither cited nor proved any long term debt.

Either you don't understand what it is (which is possible) or you are just trying to scare people with nonsensical chatter. (MY bet)

Don't take this the wrong way, but ..."Your opinion" still isn't worth much. In time, you will learn more

Education point:  Bankers "do" risk clients money on what's in the ground ALL . . THE . . TIME !  How do you think miners get started with their developmental efforts?  The ONLY thing they care about is financial returns and know it won't take AXU long when production is starting up in a stagflation environment in which the G7 is trying to double their green tech initiatives (requiring lots of silver)

Word of advice - You don't sound like a very seasoned investor.  You might be a lot better off sitting this market out, versus trying to convince investors that you know better.

PS  The fact that you didn't even comment on key points of my reply tell me that you do NOT understand mining either.  Have a good day


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