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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 15, 2018 8:21am
109 Views
Post# 27563388

RE:RE:RE:Honderich Interview

RE:RE:RE:Honderich InterviewGood comments Mediawatcher.  I used to be a regular on this board but not so much now as I sold out awhile ago.  Would like to buy back in as price cheap so check in periocially but no good reason to buy.  If I was a major shareholder like Honderich I would be so gratefull that Watsa has my back and has bought so many shares.  If Fairfax unloads this goes under a dollar as market could not absorb that many shares.  Honderich comments do not inspire confidence.  The government can not save anyone.  Been a digital subscriber to Globe now for about a year and good product.  I suspect the one with deepest pockets in Canada Thompson family will end up with Star and integrate it into the Globe but dont see Globe paying up for the Star.  They dont have to as pretty well every move Star makes is the wrong move.  This will likely just keep drifting lower.  New CEO/CFO etc do not insprie confidence either and Watsa will likely lose on this one.  Similiar situation like Fairholme Funds (Berkowitz) investment in Sears.  He kept increasing until he finally walked away.  Sears Canada was 100 percent loss as went bankrupt and he is still unloading Sears Holdings every week pushing stock price ever lower.  The billionaires like Berkowitz or Watsa do not get every investment right.  
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