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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 Mediawatcheron Apr 17, 2019 8:16am
179 Views
Post# 29637570

Message from the CEO in annual report

Message from the CEO in annual reportHi All,

I just finished reading the Torstar annual report and this closing line from the CEO's report to shareholders says it all:

"At Torstar, we are excited about our future in the years ahead."

This is the leader of Torstar in his most lucid moment?  Our future in the years ahead?  What other future might you be excited about?  Your future in the past?

I can only surmise you get exhausted from spinning so much bs into false optimism that you think you can say anything and it makes sense.  Did anyone else at Torstar read this gobblygook before it went to press?

Perhaps the ultimate scam is to jam in so much redundant and irrelevant information into two pages that the font size makes it impossible for the geriatrics on the Board and Voting Trust to read the material in his message. That can be the only explanation, as no one could read this an feel excited about the future NOW.

MW



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