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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 HermannHalleron May 29, 2020 10:31am
241 Views
Post# 31087352

RE:this scam has to to court

RE:this scam has to to court
This is a great scam. You borrow $50 million from Canso, you buy Torstar for $51 million. Then out of the $70 million in cash that Torstar has, you repay Canso the $50 million, give yourself a little $10 million retention bonus (because you've worked so hard), and you have $10 million left to invest in the business.

Then you can proceed to sell off all the other investments, that the auditors think are worth $115 million. For every million you raise, give yourself another $500,000 (could go towards your second yacht), and invest the other half in the star. People think you are great because you are saving the paper, and you can cruise around on weekends. I need to get in on this!
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