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Rithm Property Trust Inc T.AJX


Primary Symbol: RPT

Rithm Property Trust Inc., formerly Great Ajax Corp., is a real estate investment trust (REIT) externally managed by an affiliate of Rithm Capital Corp. The Company is focused on a flexible commercial real estate focused investment strategy. It is investing in and managing real estate and financial services assets.


NYSE:RPT - Post by User

Comment by sparkyAgon Feb 19, 2021 1:13pm
123 Views
Post# 32610978

RE:RE:Every AgJunction shareholder MUST listen to the DE call

RE:RE:Every AgJunction shareholder MUST listen to the DE callHere is the thing...... We do not know how long it takes for the strength in ag sales today to show up in  AJX numbers.  

Let's say that DE's success (and agreissive initiatives) in Precision Ag forces their OEM competitors to get busy in that area.  And let's assume that an OEM goes to AJX for solutions (hardware and software modules).  That may not show up in AJX numbers for a couple of years.  

You may expect a pickup in royalties as business picks up for companies already using AJX technology, but how long is the lag?

Wheelman should be much more responsive to overall Ag conditions. 

I have been and investor and board member of PA companies.  Nothing turns on a dime.  

This said, the DE call was amazingly positive for PA and for AJX's outlook. 




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