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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 Feb 05, 2017 8:51pm
129 Views
Post# 25802721

RE:RE:RE:RE:lapresse app continues to impress

RE:RE:RE:RE:lapresse app continues to impressThanks for interesting thoughts Paul!!! David leaving after 3 months can mean anything. Star touch loses money. On any given day they only have 4 to 5 ads and reach of 40000. That number needs to rise. Watsa owns 30 % of resolute forest products who just reported. They are number 1 newsprint producer in world. This investment makes up 12 percent of watsa portfolio so one can see where his interest in newspapers comes from. Why would torstar do anything with postmedia. Isn't it better to wait till they go bankrupt?? Vertical scope will carry the day for torstar in the meantime. They have very impressive results growing ebitda 40 % and revenue 20%. This has quickly become a significant part of business for torstar. At $2 market cap $160 is less than $180 investment in vertical scope.
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