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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

Post by 1teddybear1on Sep 30, 2016 7:32am
271 Views
Post# 25293972

Trick or Treat ( Execs )

Trick or Treat ( Execs )The Piot and Copilot seats are still being kept warm but a lot of time is being taken to announce the new names.   ...   Halloween time seems very appropriate :) :)

The 5 Families must be having a 3 way split; or the annointed ones have Contract committements; or ???

My bet is on a tug of war amongst the Big 5.
Their past ( Atkinson Principles ) disastorous picks have proven somewhat --  wanting. ( imo )

The stakes are too high, this time, because all the bricks and mortar assets -- are gone.
How can they sustain a viable enterprise if they continue to lose money and  there is nothing tangible left to sell? I wouldn't think they need a Debt load ala Post Media.

Wishing for some Business Enterprise Execs rather than more sycophants. --  GLTA



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