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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 Dec 04, 2018 5:15pm
117 Views
Post# 29064308

More of a mess

More of a messTorstar and Post Media are being questioned about the newspaper swap . I can't see anything good coming out of this legal situation . Torstar traded today again at an ALL TIME low . So much for the transformation . I realize that I am living in the past but I have zero interest in reading my newspaper on line . Post Media sends ne a computer copy along with my hard copy every day and I have never opened it once .The Harlequin $400 million dollars is long gone . We have left the 50 million or so from the Vaughan property sale . If this goes , I don't see much hope . My biggest concern is that there will be some sort of reorganization and us small " B " shareholders are left out in the cold . They still see 300 or 400 thousand newspapers a day , They absolutely should make money with that , so my thinking , now that they have announced a newspaper increase in price starting January 1 , that the problem is with the expense line . Let's start with management salaries, director fees and expense accounts .
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