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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 Jan 16, 2016 11:06am
116 Views
Post# 24464837

RE:RE:RE:RE:RE:RE:RE:vaughan print centre to be sold

RE:RE:RE:RE:RE:RE:RE:vaughan print centre to be soldI added small amount. Waited all day for that seller who sold 50k shares at market on open and drove price down to 2.30 few weeks ago to show up. Where was he??? Anyone that could have been a fat finger trade gone wrong. Did see one analyst put real estate value at 25-50 million which is wide range. Could get a buyer for 675k sq feet. Amazon distribution centre maybe??? I figure to build that will cost $50 a square ft which is 34 million. Maybe can be built cheaper but I built a new house 9 years ago skimping and saving and still came in at $160 a sq foot. Building industrial building much easier. 47 acres at 700k. Adds another 33 million so maybe for the right buyer. Amazon?? You could get price close to $70 million. This definately protects dividend. I they have more levers to pull. Best prospect is their 25 percent ownership in blue ant. MacMillan already said this company will not remain an ant forever. Business growing rapidly an suspect they do IPO like he did with alliance Atlantis. He does know media better than anyone. Torstar's 25 percent of this will be worth good penny I believe. Blue ant has previously reported growth of 26 percent a year. I will be a buyer again on Monday but will wait to see if our previous motivated seller shows up. Maybe he was waiting a day or so. Some larger trades at end of day Friday. For core business post media will unlikely be able to refinance their debt coming due. They are going to start selling papers so chance to buy toronto sun will come back but will be distressed sale so good for torstar waiting on the sun and not jumping in
Bullboard Posts