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Tenaris ADR Rep 2 Ord Shs T.TS.B


Primary Symbol: TS

Tenaris S.A. is a holding company, which is a steel producer with production facilities in Mexico, Argentina, Colombia, United States and Guatemala. The Company supplies round steel bars and flat steel products for its pipes business. It operates through Tubes business segment. The Tubes segment includes the production and sale of both seamless and welded steel tubular products, and related services primarily for the oil and gas industry, principally oil country tubular goods (OCTG) used in drilling operations, and for other industrial applications with production processes that include in the transformation of steel into tubular products. It operates in geographical areas, such as North America, South America, Europe, Middle East and Africa, and Asia Pacific. Its products and services include OCTG, Premium Connections, Rig Direct, Offshore Line Pipe, Onshore Line Pipe, Hydrocarbon Processing, Power Generation, Sucker Rods, Coiled Tubing, Industrial and Mechanical, and Automotive.


NYSE:TS - Post by User

Comment by Lllennnon Mar 03, 2020 7:38pm
126 Views
Post# 30763270

RE:RE:RE:RE:RE:Q4 2020 - Judgement Day

RE:RE:RE:RE:RE:Q4 2020 - Judgement DaySeriously I think your missing the fact they have 80+ milliom shares, 34 mil MC, no way this is sold, no real value (Future) just pick it clean and maybe sell the carcus. I remembered when I bought Mega Brands at .54 and thought I got the bottom only to have it drop to .34 and they did a re structure with Warrants, but MB had won a court case against Lego, which had the effect, anyone could build blocks, so the win killed the moat and MB, even MAT could not save it after spending millions. TS would have to be more than a large boat anchor for a would be buyer and its not vertical scope because that in it self is a boat anchor that TS cant hold up, I would wait for the Financial engineers to come in, with Fairfax in here your going to have a lot more financial Instruments playing just before it sinks or floats with a moat imo
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