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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 Mediawatcheron Jul 23, 2020 7:19am
143 Views
Post# 31306201

RE:Depression

RE:Depression

Hi 20,

There is very compelling evidence this process was neither fair, transparent or in the best interests of all shareholders. Shareholders voted without this evidence which should be disclosed this morning in court. Guessing as to how the judge will rule is anyone's guess and certainly Peterson, Honderich and NordStar are doing everything they can to obfuscate and prevaricate. 


One can only hope the judge will see through all of this and do what is right for shareholders, the public markets and Torstar's employees. 

I understand why you might be feeling a touch of depression over this investment, regardless of the outcome. It is never going to land on a number that represents the full potential of Torstar. Honderich and his gang of incompetents destroyed billions of shareholder value and were complicit in bungling every single opportunity to do something right. This is unfortunately the capstone to his disastrous leadership. 


All the best,

MW

 

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