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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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Comment by zentrarianNZon Aug 02, 2016 3:24pm
196 Views
Post# 25103578

RE:2016 2nd Quarter Results on August 10...

RE:2016 2nd Quarter Results on August 10...
Apparently there's no big rush to restart. Obviously the market is confident they will be doing so soon enough. 

I guess when you can get consistent 5% per day gains sitting on your hands, there's no compelling reason to go back to work!

Granted, it would be nice if they let us know what's going on. $20-plus (in USD, not the loony) seems like pretty much a lock at this point.

Time to come out of thet "penalty box." (Or have you guys all fallen asleep in there?)
Bullboard Posts
Dealroom for high-potential pre-IPO opportunities