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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 07, 2015 3:01pm
67 Views
Post# 23705427

Torstar vs. Transcontinental Printing

Torstar vs. Transcontinental Printing Transcontinental Printing , which is also listed on the Toronto Stock Exchange is up 4 % today and is now over 19 dollars a share . This stock has done extremely well over the last 3 years . I bought it at just over 8 dollars a share and unfortunately sold out at 14 . This company publishes newspapers , flyers , mass marketing products and packaging . Torstar meanwhile has lost over 10 % of its value in the last 2 day's because of lousy results . How else can I phrase it ? Interestingly , both companies have a similar number of shares outstanding . Transcontinental also has a dual share structure , so we can't use that for Torstar's poor performance . Torstar has a lot more cash , no debt ( Transcontinental has about 450 million in debt ) , and Torstar has a higher book value . What Transcontinental does is make things happen . Torstar at one time a few years ago was a 30 dollar stock . If I was management in Torstar , I would ask every single employee for suggestions on improvements or what they would do to make things better . I would pay bonuses of up to 5 thousand dollars for suggestions which were implemented . I would love to know what the employees have to say ! For myself , I am stuck . This is a classic value trap . I personally think that this is a 15 dollar a share company , so I'm not selling , but can you blame me for feeling frustrated ?
Bullboard Posts