AMREP Corp T.AXR

Primary Symbol: AXR

Industrials Engineering & Construction

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 > My biggest fear

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Post by trader53on Feb 02, 2022 3:22pm

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Post# 34390376

My biggest fear

Is not in the market girations nor is it that Alexco will not become very profitable. My fear is Alexco will be taken over at a price that does not compensate me for what I believe will be fantastic earnings along with blue sky exploration.

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