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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 abingo1on Jun 18, 2018 11:42pm
283 Views
Post# 28189654

RE:News

RE:NewsOne small part of the news.

https://www.stockhouse.com/news/press-releases/2018/06/18/alexco-expands-environmental-business-in-canada-with-acquisition-of-contango

Clynt Nauman, CEO and Chairman of Alexco added, "We are very pleased to welcome Dr. Simair, Dr. Friesen and the rest of the Contango team to Alexco and look forward to them being important contributors to the overall growth of AEG. This compelling transaction delivers immediate value to shareholders with annual revenue expected to be in excess of $2.5 million but more importantly, I believe this type of science and technology is the future of environmental remediation and provides AEG with important additional tools to tackle complex environmental issues for our many clients. This transaction is the next step in growing our environmental business and should be viewed as our commitment to see AEG reach its full potential."
Read more at https://www.stockhouse.com/news/press-releases/2018/06/18/alexco-expands-environmental-business-in-canada-with-acquisition-of-contango#1Llhd5FF52CGIMQp.99
Bullboard Posts