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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.


NYSE:AXR - Post by User

AMREP Corp > Need options
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Comment by touaregon Feb 03, 2022 10:39am
254 Views
Post# 34392967

RE:RE:RE:Need options

RE:RE:RE:Need options The consistant weakness in sp is depressing I agree... I remind myself of Rick Rule buying Peninsula for 10cents.. it went down to 1cent and he did not sell.. it then went to $3 in 2007 and $5 in 2011... I also agree a lowball buyout would be a crying shame.... lets hope that does not happen.
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Dealroom for high-potential pre-IPO opportunities