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Great Ajax Corp T.AJX


Primary Symbol: AJX

Great Ajax Corp. is an externally managed real estate company. The Company’s primary business is acquiring, investing in and managing a portfolio of mortgage loans. The Company operates in a single segment focused on re-performing mortgages, and to a lesser extent non-performing mortgages and real property. The Company primarily targets acquisitions of re-performing loans (RPLs), which are residential mortgage loans and non-performing loans (NPLs), which are residential mortgages. It invests in single-family and smaller commercial properties directly either through a foreclosure event of a loan in its mortgage portfolio, or, less frequently, through a direct acquisition. It may acquire RPLs and NPLs either directly or in joint ventures with institutional accredited investors. It may also acquire or originate small balance commercial loans. Its manager is Thetis Asset Management LLC. It conducts its business through its operating partnership, Great Ajax Operating Partnership L.P.


NYSE:AJX - Post by User

Bullboard Posts
Comment by dt_coreon Dec 23, 2013 9:35am
229 Views
Post# 22032655

RE:Predictions for 2014.

RE:Predictions for 2014.KerBer, a very good post and summary encapsulating key catalysts that will drive the share price going forward. What a difference a year has made. Even the sophistication of posts on SH has increased dramatically over the year, which is very refreshing, as the "childish" posters (mostly bears) seemingly disappeared as the stock price rose. One question, you mentioned your view that AJX could be doing $150+mm in revenue within 3 years. A few months ago I suggested $125mm+ in revenue based on my dd but at the time you seemed to suggest this may be too speculative (as in possible, but who knows). It appears based on your last post you have some degree of conviction on the $150mm+ number, hence I was just wondering if you came across something new that influenced your opinion. Many thanks, and to everyone have a great holidays/New Years! DT
Bullboard Posts