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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 Correctionoron Mar 17, 2020 1:24am
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Post# 30815749

Chairman & CEO, Clyntan Nauman, on the Conference Call

Chairman & CEO, Clyntan Nauman, on the Conference Call The Chairman & CEO, Clyntan Nauman, did a great job inspiring confidence in the company March 12th on the conference call - a great patient head - in turbulent times. His approach to the markets and where Alexico sits is reasurring for a long-term shareholder.Good management.

I am interested to see where the new planned drilling at Bermingham Deep leads. 11,500 of planning drilling meters in total for 2020. We have had good discovery there in 2017/2018.


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