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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 17, 2015 9:46am
150 Views
Post# 23933491

20 plus year low

20 plus year lowIf Torstar is valued in U.S. dollars it would be currently about 3.85 per share . That is a multi year low . When entertainment and media technology stocks like Netflix , Disney and Google are trading at record prices , Torstar is at best languishing . I think there will be a big loss for the second quarter . I'm hoping they write off all the goodwill because there isn't any . After this quarter , I think things will slowly improve . We are getting an almost 10% yield when a good term deposit might get you 2 % . So we have something to be thankful for . The one thing I like about Paul Godfrey ( Of Post Media ) is that he is always upbeat and optimistic about his company , when nobody else is . I would love to see that in the Torstar management .
Bullboard Posts