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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 Mediawatcheron Nov 04, 2017 7:50pm
83 Views
Post# 26907087

RE:RE:RE:TORSTAR IS DEFINITELY AT THE CROSSROAD OF ITS FUTURE

RE:RE:RE:TORSTAR IS DEFINITELY AT THE CROSSROAD OF ITS FUTUREHi Teddy,

I didn't provide a return address for my letter to the Voting Trust and some of the Board and executives.  It was intended to stimulate some serious deliberation about the future of Torstar.  I don't know if it generated any discussion or was simply written off as a crank message from an unhappy investor.  They should be innundated with these type of letters.

I don't know what the legal remedies are if the Voting Trust prevents a legitimate offer for the company being presented to shareholders.  Cansoe and Fairfax can't be happy about the state of affairs, but they will have to wait for the "transformation" to prove out as smoke and mirrors.  Not sure at what point the Voting Trust will wake up to the reality they've been duped, but they've watched in a state of paralysis this horror show play out for more than 10 years.
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