Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

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 31, 2019 9:07am
169 Views
Post# 30290983

How to create shareholder value

How to create shareholder valueAt the present pace of snowballing losses , this company will unlikely be around in its present form in 5 years . They currently have 52 million dollars in cash . Lets give the shareholders a break and declare a special dividend of 50 cents a share . The management would still have 12 million in cash to fritter away plus whatever they can get from the Hamilton property . I'm sick of losing money year after year after year . I have an idea - GET YOU"RE EXPENSES IN LINE with revenue . We all know that revenue next year will likely drop another 10 % . So figure it out , Slash management salaries ( Thanks for nothing ) and pay directors a percentage of profit ( No profit , no pay ). That ought to do it .
<< Previous
Bullboard Posts
Next >>