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Great Ajax Corp T.AJX


Primary Symbol: AJX

Real Estate
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

Great Ajax Corp
Bullboard Posts
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(2)
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Post by AncasterMikeon Mar 21, 2014 3:11pm
268 Views
Post# 22353280

Optics still not clear enough

Optics still not clear enough
I wonder why the big jump in receivables. Cashflow is negative mostly due to it, despite higher sales and lower R&D and marketing expenses.
Bullboard Posts
Dealroom for high-potential pre-IPO opportunities