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.

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AMREP Corp > 2020 results and operations update

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Comment by roberto146on Mar 11, 2021 6:23pm

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Post# 32781874

RE:RE: 2020 results and operations update

Issues?
Just the Covid scare and possible uncertainties caused by the government response to it.
In the last year or so in the Yukon, there have been 72 infections, 1 death. Relative to population of about 40,000 that's risk of death of .000025, or .0025% or 1/400th of one percent. So, about zero risk.
Compare all Canada risk of .0006, or .06% or 1/16th of one percent, or 99.94% chance of not dying of covid.

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Osisko Development receives permits for Cariboo Gold Project