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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 pabalooon Mar 28, 2014 9:29am
247 Views
Post# 22380562

RE:RE:RE:RE:RE:Another buying opportunity..YIPPPIIIII...

RE:RE:RE:RE:RE:Another buying opportunity..YIPPPIIIII...
From what I read the quarter was a great success and a stepping stone to further profits and customers. Guidance is very tricky and it's better to understate and over deliver which keeps everyone happier and analysts will continue to cover your stock. A few years ago after over promising and under delivering the market imploded on this stock and eventually heads rolled and the set point languished for years. Slow steady and show honest guidance and the market will follow.
Bullboard Posts