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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 30, 2015 2:29pm
85 Views
Post# 23976846

Torstar Revenue vs. Expenses

Torstar Revenue vs. ExpensesIn 2014 we received 455 million CASH for Harlequin . Now the market cap for the whole company is 358 million . And these guys got healthy performance bonuses for 2014 ! ! ! What kind of performance bonus are they going to get for 2015 . Is there nobody who can stand up for the B shareholders . Fairfax owns something like 20 million B shares . They must have been consulted about what Torstar management has been doing . What we need is a Doug Ford/Donald Trump type ( and I disagree with them on lots of things ) to stir this sleepy company up . The revenues are 800 million dollars a year - Not too shabby . What does it take to get the expenses in line so this company is profitable . How about selling the Vaughan facility and land and moving in with Metroland in Mississauga . That might be a stretch, but at least I am coming up with something and I'm not even on staff . We already know that the National Post is moving out at the end of this year . I sure hope that this isn't the 2016 excuse .
Bullboard Posts