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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 forkliftguyon Nov 27, 2018 8:51am
175 Views
Post# 29025882

How market values Torstar

How market values TorstarYesterday , I received my hard copy of Torstar's 3rd quarter report ending September 30, 2018 . Lets break it down . 1) The company has 56 million dollars in cash and 80 million shares outstanding . That works out to 70 cents per share . They have no debt other than that at Vertical Scope ( Is Torstar on the hook for that ? ). 2) Yesterday the stock closed at 92 cents per share. 3) That means that the market values everything else at 22 cents a share . 4) My own breakdown would be The Toronto Star group 10 cents , Metroland Media 10 cents , Vertical Scope -zero , everything else 2 cents . 5) That adds up to 92 cents . Would anybody else break this down any differently ? The question you have to ask considering the stock performance is should this company be bought or sold ? Hard to believe , but the price is what it is ! No Buyers !
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