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AMREP Corp T.AXR


Primary Symbol: AXR

AMREP Corporation, through its subsidiaries, is a holder of land, developer of real estate and homebuilder in New Mexico. 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. Activities conducted or arranged by the Company include land and site planning, obtaining governmental and environmental approvals (entitlements), installing utilities and storm drains, ensuring the availability of water service, building or improving roads necessary for land development and constructing community amenities. 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 focuses on selling single-family detached and attached homes.


NYSE:AXR - Post by User

Comment by RuudinFranceon Oct 02, 2020 6:32am
226 Views
Post# 31656648

RE:RE:FULLY PRICED?

RE:RE:FULLY PRICED?
Stratocheif wrote: 1) They ARE executing transition to production...no delays that im aware of. 2) silver and gold have both corrected but axu will be very ptofitable at today's price....their construction decision was made when prices were MUCH lower. All pm stocks have come down because sentiment was riding high on prospects with $2100 gold and $30 silver. So it will take a rethinking of valuations but axu...barring any negatives...will be making good profits at $24 sikver

Don't we still own 9% of our neighbor BYN?
They went up from 4 cents to 33 cents the last quarter?
It's not a high monetary value yet, but let's keep it.

Have fun.



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