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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
Comment by extremeriskon Dec 12, 2015 8:35am
118 Views
Post# 24379131

RE:A Stock going nowhere and again at ALL TIME low !

RE:A Stock going nowhere and again at ALL TIME low !Had to change my name as stockhouse was not accepting my email. Formerly techguru torstar was my biggest loser for 2015 which makes me extreme risk. Agree looks very negative now and will likely break through 2.50. Always ok strategy to sell when feel headed lower and keep tracking for re entry. Post media debt downgraded by s&p so they are now on last legs. They may not wait for debt maturity or missing payments and could give up. I believe this event will help Torstar as they become only game in town than. No one will pick up those papers in Toronto. Globe is business paper and toronto star is everything else. Tax loss selling and oil carnage driving market down. I torstar has no bankruptcy risk. Postmedia does so the buy could be here in next week or so. At 26 cents dividend market is already pricing in another cut but advertising market changes if post toronto sun and national post leave this market.
Bullboard Posts