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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 > @RatPatrol: Sale of AEG
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Comment by RatPatrolon Jun 22, 2020 11:44pm
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Post# 31179367

RE:@RatPatrol: Sale of AEG

RE:@RatPatrol: Sale of AEGThanks for this information also. 

There was a time - 25 years ago - that I might have agreed with your price assessment/argument, but NOT THESE DAYS when so much cash changes hands for labels, reputations, intangibles.


The buyout / sellout is getting baked into AXU's stock price
The stock knows where it's going.
We c....
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Dealroom for high-potential pre-IPO opportunities