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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 Jul 01, 2015 3:23pm
81 Views
Post# 23884699

Something for nothing - I like it

Something for nothing - I like itHarlequin was sold for 455 million . The market cap is approaching that number . So basically a purchase now is to get the rest of the company for nothing . I really shouldn't be buying more because this stock is becoming too large a portion of my portfolio but what the heck , I will buy a little more tomorrow . If they keep paying the dividend , I will get back my entire investment in 11 years , even if the stock goes lower . Maybe we can get lucky and they will sell off their real estate to a Canadian Reit . Happy Canada Day everyone !
Bullboard Posts