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AMREP Corp T.AXR


Primary Symbol: AXR

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

Bullboard Posts
Comment by gofermanon Feb 03, 2015 12:38pm
208 Views
Post# 23392327

RE:Hey All

RE:Hey All
Welcome to the long-term investors club, droz!
Please allow me to introduce myself …
I lost $100k on UKH/NDU about 15 years ago.
If your history’s bad, UKH/NDU previously owned AXR’s property.
UKH mined it until it closed in 1989, I bought in a decade later.
Now I’m back in … double … for one last roll of the dice.
Obviously, like my club buddies, I too am a believer.
(no Justin, I did not say “belieber”)
Now, if you really want to believe, read this:
https://www.stockhouse.com/opinion/independent-reports/2015/02/03/gold-just-flashed-major-buy-signal
 
Bullboard Posts