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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 Mediawatcheron Mar 22, 2020 11:53am
180 Views
Post# 30835011

RE:D-BOX TECHNOLOGIES (DBO-Toronto)

RE:D-BOX TECHNOLOGIES (DBO-Toronto)Hi Modulex,

If memory serves me correctly, you've been promoting this company for a while.  Not sure why you connect the share price with bankruptcy.  The company doesn't appear to be on the brink of bankruptcy. 

Investors determine the share price based on demand for the shares, based on future expectations of financial performance.  Insiders buying may be an indicator of confidence in the future of the enterprise, but it is no guarantee.  I am not sure of what you are expecting the directors to disclose to you, but if something is happening they will be required to disclose it to all shareholders when something is consummated.

If you believe something is going to happen you should buy.  I don't know enough about the technology they are developing and selling.  Not sure the theatre business is going to see a renaissance in the near term, but they appear to have some promising products.

Good luck,

MW

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