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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

Comment by extremeriskon Sep 01, 2016 1:11pm
180 Views
Post# 25199922

RE:Watsa

RE:WatsaJust finished book no news is bad news which paints dim picture of torstar prospects and newspapers in general. Watsa is super rich. Most recent reports have him at 1 billion valuation so sinking a few million into torstar probably not that significant. I don't plan to buy. When they announce land sale though stock should pop and this could become a short. I have gone from positive to negative on this one. Goes to show ownership/mgt does trump the 100+year brand. Future is likely one toronto paper but deep pockets will win that race and Thompson family at globe have that pretty well covered at an astonomical net worth of 27 billion
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