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Great Ajax Corp T.AJX


Primary Symbol: AJX

Great Ajax Corp. is an externally managed real estate company. The Company’s primary business is acquiring, investing in and managing a portfolio of mortgage loans. The Company operates in a single segment focused on re-performing mortgages, and to a lesser extent non-performing mortgages and real property. The Company primarily targets acquisitions of re-performing loans (RPLs), which are residential mortgage loans and non-performing loans (NPLs), which are residential mortgages. It invests in single-family and smaller commercial properties directly either through a foreclosure event of a loan in its mortgage portfolio, or, less frequently, through a direct acquisition. It may acquire RPLs and NPLs either directly or in joint ventures with institutional accredited investors. It may also acquire or originate small balance commercial loans. Its manager is Thetis Asset Management LLC. It conducts its business through its operating partnership, Great Ajax Operating Partnership L.P.


NYSE:AJX - Post by User

Comment by ZoranStoon Sep 20, 2018 8:48am
136 Views
Post# 28653730

RE:RE:RE:Today's Trading

RE:RE:RE:Today's TradingYes it will be rather flat. I did have a quick Chat with Mike Manning a couple of days ago and he did say that on the Q3 CC they will breakout the revenue stream from the IP deal they made with Raven so that will give us some idea of what to look for in the future. He did mention that they have done a lot of investor meetings/presentations and there are many interested investors and the BIG thing holding them back is the fact we are listed on a Canadian exchange so I think they are going to be looking at going onto the NASDAQ but that will require some time and effort. The Wheelman has had a lot of good attention and could be a big hit so we can all look forward to that.

Z

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