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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

Bullboard Posts
Comment by marpincanon Nov 18, 2014 5:37pm
84 Views
Post# 23141644

RE:Compare Torstar to Tribune Publishing ( Chicago head office

RE:Compare Torstar to Tribune Publishing ( Chicago head office
Its trading where it is because the market has no faith in this company being able to do anything other than keep blowing cash out the window. They lost what - 108 million last quarter. The share structure means that those owning the voting shares get to continue doing what they want while the p-ons owning the other shares can not do much about it. When they sold harlequin, they sold the crown jewels (Harlequin actualy developed content that they could sell - curently out of favor but what goes out of favor eventually comes back into favor). They have some cash so the dividend should be OK for a while but as far as anything they have tried its been a bust. Print advertizing - down 20%, MVTV - Bust, Wagjag - sinking, shop.ca growing due to early days but not much promise IMO. This is a no inovation company run by dinasours - every thing they have tried has been something others have tried long ago so they are way behind. A major shake up is required for this company to succeed other wise the bleeding will continue. Enjoy the dividend but do look for an exit before they turn into yellow pages.ca - if you get the drift.JMO
Bullboard Posts