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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 Jun 03, 2019 9:57am
185 Views
Post# 29793586

Understanding the "Transformation"

Understanding the "Transformation"Hi All, One has to wonder if anyone at Torstar and more specifically in the Voting Trust, truly understands what the mythological "Transformation" strategy is for the company and how it is actually revealing itself. The word transformation is defined as "change in form, appearance, nature, or character." What specifically are Boytoon and his band of cartoon characters doing to the form, appearance, nature, or character of Torstar to support the now trendy creation of shareholder value goal? Is it the perpetuation of the value destruction at VertigoScope masked as a temporary SEO issue caused by some Google algorithm? Is it the garage sale of assets to keep the cash reserves as the main talking point every quarter? Is it hiring Freddie Kruger and the other expensive talking heads to bamboozle the Voting Trust into believing only the best and brightest have been lining up to be a part of this fraud? Is it the bafflegab on data analytics and digital chicanery that confuses the Voting Trust into believing these guys really know what they are doing because it all sounds so convincing? Is it the fear-based cultural scam suggesting that employees that bought into the "new" collaborative and success-driven leadership? Is it the deception that Apple is some sort of serious partner with Torstar? Is it the notion the Star paywall is meeting subscription expectations which is a bald-faced snow job consistent with the historical manipulation of numbers to con the Board and investors? This complete fraud will be revealed in time and the Voting Trust will be forced to acknowledge they misplaced their trust in Honderich. When the dividend is threatened and cash becomes scarce, look for the Voting Trust members to rush to the exits. None of them has displayed any leadership to this point and these lemmings will all go off the same cliff together. It couldn't happen to a group less well equipped to guide a media company or any company for that matter. Sad.
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