Tenaris ADR Rep 2 Ord Shs T.TS.B

Primary Symbol: TS

Energy Oil & Gas Equipment & Services

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.

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Tenaris ADR Rep 2 Ord Shs > modest takeout valuation

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Comment by Mediawatcheron Nov 11, 2017 6:14pm

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Post# 26946108

RE:modest takeout valuation

Fairfax won’t be able to dislodge the A shareholders for less than $6/share because they have a vague grip on reality. VerticalScope is worth $3/share and the rest is equivalent to VerticalScope. The Voting Trust will get expert advice and won’t give the company away notwithstanding their past incompetence. This won’t be sold for $3/share - of that you can be sure.

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