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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

Comment by Lllennnon Feb 27, 2020 7:11pm
128 Views
Post# 30744090

RE:Q4 2020 - Judgement Day

RE:Q4 2020 - Judgement DayThe problem is the burn rate, you see this with many companies, on the dividends they could issue Debentures secured and pay interest rates, take out a loan pay interest, they had a 12% drop in rev in a segment, the problem is inflation and rev drop is chewing up the dollars and the question becomes HOW DO THEY MAKE MONEY (PROFIT) print is in decline from onslaught of online, you have to make a case, Tell us how they make money? Today its worth this four months from now it chewed thru who know how much, its a run away frieght train and needs to make a hair pin turn without losing all the share holders, its still top heavy with declining revs, it s bad really bad, it  could burn 20 million in no time, the only stradegy hear is hope and pray and that is no investing, and they mention getting kicked off, this is really bad, better get in your Fox Hole They are going to blow this thing up and a dollar today is worth more than a dollar the next day IMO
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