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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

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Post by GreyWhiskerson Apr 06, 2022 2:43pm
119 Views
Post# 34581561

Some need to pay attention to their own comments

Some need to pay attention to their own commentsThis thing's gonna keep droppin like a rock down a longhole - unless the stuff gets out of the ground and ON the books in a profitable manner -  the market will dictate what the stock price is.  EOM

If that doesn't happen maybe there will be more funding requests.

Or maybe tt'll  get shuttered like it did before for "preservation/survival" . This was way before the current well stated issues.  Currently shares are down because the market or whatever/whomever has spoken.  The market doesn't care.  Maybe this stock just needs more fresh cash from new investors that should be aware.

Some need to pay attention to their own comments.  As others have said is this a lifestyle company.


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