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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 Oct 30, 2019 8:00am
219 Views
Post# 30285432

Much worse than pathetic

Much worse than patheticThe current losses are unsustainable . When is there going to be a complete directors and management changes ? This is like the Leafs losing 12 in a row . Do you think there would be changes ? Absolutely ! I suspect that the dividend will be cut for 7 consecutive quarters and then reinstated , That way , the "B" shares will be shut out of voting . Hard to believe Curly , Larry and Moe ( No Quid, Pro, Quo ) , could produce results much worse . I have told most of my friends that I have sold most of my position , because I am ashamed that I made such a poor investment decision . Unfortunately , I still have it all . Time to turn the page !
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