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

Bullboard Posts

Post by elgin1on Aug 11, 2014 8:54pm

320 Views

Post# 22830534

Spoke to ir

Looks like there is more dilution to come. Silver Wheaton is a deal with the devil . I don't know hoe much the new deal will help. Relatively new here. They have a several hundred k burn rate per month. $7 million wont last long. I think we will test new lows . Anybody to explain how the news deal works. Everything depends on silver price ,

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