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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 Looking4Doubleson May 24, 2022 11:22am
739 Views
Post# 34703684

* * * WARNING ! ! ! * * * - Whiskers & Hopeful are SHORTS !

* * * WARNING ! ! ! * * * - Whiskers & Hopeful are SHORTS ! Stay focused - Higher production and higher revenues are coming in the 2nd Qtr and the company should be cash flow positive by year end WITH NO DEBT !

If you are long term investor like me, this looks too good to pass up (Could see a 3-6x return in the next 12 months, which are the type of investments I look for - those that can double in 2-3 years or 24%/year returns.)  I will be buying more.  Do your own due diligence, but definitely NOT the time to sell when it's already down 75% over the last 12 months.  WAY OVER SOLD.

The US Dollar is falling, demand will outstrip supply over the next 3-5 years and inflation is going no where.
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