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Message Boards Settings AMREP Corporation (AXR) - Quote Info
Worried about Cash Flow      7-Aug-09 11:39 am    
My main worry about AXR is the cash flow.
Cash and recievables are about $70 Million
Accounts Payable alone is $92 Million not counting the short term debt payable of $26 million.

This means that AXR needs to either take on more debt or issue more shares.

What a waste of money it was for AXR to buy back shares at much much higher prices.


Sentiment : Buy
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tradersfirs...

50/Male
New Jersey


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Worried about Cash Flow
tradersfirs... Not rated 7-Aug-09 11:39 am  
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AMREP Corp. (AXR)

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On Dec 15: 13.50 0.00 (0.00%)
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