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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 rinm99on Feb 11, 2018 12:14pm
111 Views
Post# 27540967

Verticalscope?

Verticalscope?What can we expect from Verticalscope at the Q4 earning? Since it's not a direct subsidiaries, there is not a lot of disclosure on there activities, unless that management seems thrilled with there results and put complete faith on there team by leaving quaterly profit there for reinvestment.

Since this investement worth more, for 50% ownership, than the current capitalisation of TS. I would like to have more clarity on there revenu stream and quaterly buy of new websites. Also, the market don't seems to put a lot of value on VS, with TS market cap at 128M for 50M cash. 

The main website of Verticalscope don't help, it's seems that it was not update in the last year, and there is not much info on there analytics services, also when I click on a lot of there websites, they are frozen on a layout of websites from 1998 with not much activities.

Can someone on this forrum can put more colour on VS? Thanks


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