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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

AMREP Corp
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Post by zentrarianNZon Jun 17, 2016 7:10pm
372 Views
Post# 24976102

Why the big drop today?...

Why the big drop today?......Anything to do with Sabina (SBB)?

Nah, probably just noise. The Yukon is not Nunavut, and Keno is fully permitted, even though it's still on standby.

OTOH, I have made a lot of money betting against the intelligence of the average investor.
Bullboard Posts
Dealroom for high-potential pre-IPO opportunities