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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 1teddybear1on Apr 15, 2016 11:12am
166 Views
Post# 24771111

RE:RE:Selling price

RE:RE:Selling priceHello extreme,
You seem to like variables that support your ideas.  ( I do like creativity!!! )
How about a scheme: run down the share price; then take a debt free Company private? :) :)

How possible is this Announcement:
... ( since ) There has been many negative comments about " poor management ".
Senior Management, with support of the 5 Families, has decided to offer $3/B share and take the asset Private. This represents a 50% Premium to recent Trading history .......

... A majority of the major B Holders, supported by the 5 Families, have agreed to the fixed Price.
This support represents 60%+ of the outstanding B shares. The 5 Families will convert their A hares to B status.

Please consult your advisor and Vote accordingly.      :)   :)


(If you choose; the Senior Management can be replaced by " the 5 Families ".)

Your recent sub $2 shares just gave you a great return! Congrats.  

Just a little fun.  GLTA


Bullboard Posts