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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 Greybeard1on Jan 04, 2019 12:35am
169 Views
Post# 29184827

We deserve our "day in court" at the next Annual Meeting

We deserve our "day in court" at the next Annual MeetingAll

I share the same pain as you as a shareholder, living thru the incompetance and ignorance of management and the voting trust.  Heaven only knows where it will it all end, as it is very obvious that  BAU "business as usual" is NOT WORKING.

(It will be interesting to see if they announce another 2.5cent dividend at the end of January, with the stock trading at less than a buck.)

This year, I convinced a friend who is also a shareholder to ask a few questions during the Annual Meeting Q&A period.   Last  year only two shareholders asked any questions during the Q&A period.  I hear they had a few good questions, but that many more questions needed to be asked of senior management.

The contributors to this blog are thoughtful and I ask that they consider attending the annual meeting and speaking up during the Q&A period.  While management and the voting trust will probably NOT listen to us, at least we will get our "day in court," by challenging management on how they are running Torstar.  

I realize that many of you may not be available to attend the meeting, but surely you know someone who is a shareholder who will represent your views.  This may be our last chance!

While these blogs are great, would it not be more effective to ask your thoughtful questions and express your valid concerns directly to senior managment? 

Greybeard 

 
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