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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

Comment by powermanon May 13, 2021 8:20am
181 Views
Post# 33190060

RE:First Q Report

RE:First Q ReportMade me puke. With joy of course just the hear someone is alive and reporting.Oh Yes the majic of what is to come. Could shareholders on the third rock from the sun be any happier. Alas, the answer is yes, they need to get to work and stop spending more money than your making. It was cold out, it was wet inside, we needed to hire contrators, who new rock was so hard to drill.  I remain unimpressed and do not see the sp breaking out any time soon. DF
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