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AMREP Corp T.AXR


Primary Symbol: AXR

Industrials Engineering & Construction
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

AMREP Corp
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Comment by midas_12on Oct 01, 2012 2:54pm
353 Views
Post# 20434445

RE: RE: RE: Bought more

RE: RE: RE: Bought more

Sorry to say no. It was a small gold co. (i wont mention it as its unfair to paying subscribers).

Morgan did a big write-up in 2011 when Axr at $7. It is still a buy on his long term portfolio.  I just thought he woulld do another write up as  he had with another mid tier Ag company recently.

The Q3 results is going to be the big inflexion point in the SP.

 

Bullboard Posts
Dealroom for high-potential pre-IPO opportunities