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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 Jun 14, 2018 10:20am
109 Views
Post# 28171421

RE:RE:Keep your head when all about you are losing theirs..

RE:RE:Keep your head when all about you are losing theirs..Burning through a pile of cash will expedite a final solution for the Voting Trust, which should be a blessing for all shareholders who have hung on.  The Voting Trust is risk averse and will not pile on debt to pursue a strategy they have neither the brains nor the intestinal fortitude to see through to the end.

This year marks the 60th anniversary of the Toronto Star being purchased by the five trustees of the Atkinson Charitable Foundation.  This would be a fitting time to bid farewell and pass the enterprise over to someone with the deep pockets and thoughtful leadership to protect this media company.  Fairfax has demonstrated an ongoing commitment to newspapers and would bring some sanity to the lunatic asylum headquartered at One Yonge Street.  It can't happen soon enough.
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