TS Tenaris

[fber]

escucho opiniones amigos foristas

[capocanionieri]

Buen balance. Le pegó usiminas, sino el trimestre hubiera estado en línea con lo esperado. Se esperaba que no sorprendiera, para mi estuvo mejor, esperaba algo peor.

Annual Dividend Proposal

The board of directors proposes, for the approval of the annual general shareholders' meeting to be
held on May 2, 2013, the payment of an annual dividend of $0.43 per share ($0.86 per ADS), or approximately $507.6 million, which includes the interim dividend of $0.13 per share ($0.26 per ADS), or approximately $153.5 million, paid in November, 2012. If the annual dividend is approved by the shareholders, a dividend of $0.30 per share ($0.60 per ADS), or approximately $354.2 million will be paid on May 23, 2013, with an ex-dividend date of May 20, 2013.

Market Background and Outlook

Demand for energy continues to increase, despite a weak economic recovery, and oil prices are at levels which should continue to support investment in exploration and production activity during 2013.

In North America, drilling activity in the second half of 2012 was affected by continuing low natural gas prices and lower liquids prices largely resulting from regional infrastructure restraints. In 2013, we expect drilling activity to recover gradually from current levels but to remain, on average, slightly below the level of 2012.

In the rest of the world, drilling activity should increase led by the growth in the exploration and development of deepwater and unconventional reserves. In 2013, we expect higher levels of demand for premium OCTG products particularly in regions such as the Middle East and sub-Saharan Africa.

Overall sales growth is expected to be moderate as higher oil and gas sales in Eastern Hemisphere markets are largely offset by lower sales in North America and in European industrial markets.

EBITDA margins are expected to remain around current levels with product mix and industrial efficiency improvements offsetting the impact of lower prices in less differentiated segments.

[fber]

mas ventas, mas ganacias, 0,30 de ganacias por accion y promedio analistas esperaba 0,26, solo hay un cargo por unica vez de la compra de usiminas para mi el balance excelente acorde a lo que se esperaba y muy buen futuro, espero no equivocarme

[capocanionieri]

Q4 2012 Q3 2012 Q4 2011

Net sales ($ million) 2,758.1 2,657.1 4% 2,750.6 0%

Operating income(1) ($ million) 586.0 583.6 0% 538.0 9%

Net income ($ million) 350.3 437.5 (20%) 426.3 (18%)

Shareholders' net income ($ million) 357.7 436.4 (18%) 399.6 (10%)

Earnings per ADS ($) 0.61 0.74 (18%) 0.68 (10%)

Earnings per share ($) 0.30 0.37 (18%) 0.34 (10%)

EBITDA* ($ million) 733.0 679.0 8% 691.9 6%

EBITDA margin (% of net sales) 27% 26% 25%

[fber]

todavia nada que? ya esta publicado el balance

[fber]

el adr en los ultimos minutos metio como un palo y pico de volumen esto es bueno

[fber]

el balance salio mejor a lo esperado? o me parece a mi?

[ixnaymat]

CONSENSUS RECOMMENDATIONS
Consensus Recommendation Next Earnings (approx.) Company Fiscal Year End Month Last Updated
Hold 0.74 December 20 Feb 2013

http://www.reuters.com/finance/stocks/analyst?symbol=TS


el anterior es de yahoo..

[ixnaymat]

Feb 21
Tenaris SA TEN.MI
EPS Estimate 0.37 After Market Close

[Jano476]

Si sigue en lineas del trimestre pasado deberia venir bien.....

[ixnaymat]

21 de feb

En Febrero presenta el balance?..... como esperan que venga?

[matute05]

Me parece si no me equivoco que después de presentar casi siempre baja,puede fallar dijo tusam.y si no es así que alguien me corrija

[Jano476]

En Febrero presenta el balance?..... como esperan que venga?

[jldos]

No está pasando por su mejor momento este pelpa.
suerte.-

[ixnaymat]

Che... no hay nadie aca... le entre a unos papeles...