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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

AMREP Corp > Nice jump after the Fed minutes came out
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Post by Looking4Doubleson May 25, 2022 4:32pm
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Post# 34707376

Nice jump after the Fed minutes came out

Nice jump after the Fed minutes came outMentioned high levels of inflation 60 times and said that the Ukranian war and COVID shutdowns in China could make it worse.  Also stressed concerns for financial stability

Good time to be going into production.

https://www.cnbc.com/2022/05/25/fed-minutes-may-2022.html
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