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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 28, 2016 9:55am
212 Views
Post# 25091361

Time to buy !

Time to buy !I really question the numbers that are being assessed to the Vaughan property . This week , a 7 acre parcel of land at Front and Bathurst area of Toronto sold for 180 Million dollars . The Vaughan property is certainly not nearly as valuable, but it is almost 40 acres in the prime area of Hwy 7 and Hwy 400 . In addition is has that huge building on it . How about an Amazon distribution center . It looks like things are turning around . There isn't much goodwill left to write off ( I always thought it was worthless anyway ) . My two main concerns now are to find a really bright forward thing CEO who cares about his shareholders . In addition , As with previous bloggers , I have a real issue with the defined benefit pension plan still offered . The company obviously can't afford it . They need to go to a defined contribution pension plan as soon as possible . That way , they know upfront what their pension obligations are for the year and moving forward . I bought more shares yesterday , in anticipation of a share recovery .
Bullboard Posts