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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 Jul 21, 2022 7:11am
397 Views
Post# 34839602

RE:RE:Do not Touch this stock

RE:RE:Do not Touch this stockIt's always like that. Rob McEwen picked up the black fox mine for maybe 5% of its value. of course nothing came of it. Mr Nauman probably knew there was no future at alexco site. And hecla paid a fair price because they probably know thats all its worth too. But he personally probably sucked out a good paycheck before he got rid of it. Now he is on the board of directors of Novagold. Raking in a fat paycheck there for sure as its a huge company. He looks after himself first....as we all do don't we. As ive said before retail investors are the dumbest people on the planet. They don't understand that they are only outside a window peeking in and trying to figure out what goes on inside a company. Not possible. When the board has meetings, the meeting room doors are CLOSED
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