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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
Post by forkliftguyon May 06, 2015 10:13am
97 Views
Post# 23699120

When is the turnaround coming ?

When is the turnaround coming ?I have to say , If it wasn't for the 280 million dollars in the bank , I would be bailing out of this stock . I am getting tired of hearing negative results every quarter . Is there nothing innovative this company can come up with ? Maybe they can rent out part of that huge facility in Vaughan or better still sell it and lease a portion back . The label business seems pretty good , so how about printing labels in that big facility . Trancontinental Printing is now doing well , How about going after some of their business . There must be something that can be done other than reducing sales every quarter and laying staff off . As , I said , I am one frustrated shareholder .
Bullboard Posts