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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 rinm99on May 29, 2020 11:11am
218 Views
Post# 31087693

Big scam!!

Big scam!!We all agree, that's a big big scam, never saw this before (learn everyday). Watsa the grat canadian don't give any consideration for those who are in board for many years. First the plan dividend cut to push further down the SP and than sell Hamilton to make sure the cash is there to be repaid fast after the deal.
I am sure that for many years the board is collecting big enveloppes for this devaluation including all the cash burn in Vertigo hide in the bahamas.

Now the big question: Who will lift the red flag to show this fraud... In july it will be too late!
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