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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 extremeriskon Jul 27, 2016 9:35am
528 Views
Post# 25087853

terrible quarter

terrible quarter Would love to buy a stock this cheap but not possible. Bottom line is ebitda is in the 8-10 percent range of revenue. Gannet is at 17 percent. Labour costs are way out of line at to1rstar as is pension cost. The digital saviour was flat between q1 and q2. Was 4.5 ebitda and now 4.7. There is no growth. Also revenue from 16 to 17 which is minimal. More pain to come here. Too bad their is no visionary to transform this company. Star touch 55,000 weekly readers is sa for something that is free. Lapresse doing way better than that. However they dropped print paper completely except for Saturday which is the difference. No positive levers other than land sale which will pop the stock temporarily.
Bullboard Posts