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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

Post by ZoranStoon May 08, 2019 12:44pm
115 Views
Post# 29724972

Q1 Thoughts

Q1 ThoughtsWell after 4 pm today we find out how well they did or did not do. We know that the bulk purchase will account for at least 13,750,000 in sales....BUT how much over and above that will they do???? Last year Q1 came in at 15,774,000 so I am guessing that half of that is part of the same customer that did the bulk purchase...we did sell off parts of the company since this time last year but have wheelman etc this time around.....so say an additional 7,000,000 that brings us up to 20 to 21 million as a guess....any one else what to take a guess???

As for tomorrow I expect no analysts on the call again....BUT we can ask questions as well so if there are some of you board memebers that are going to listen in don't be afriad to ask a question.
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