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Leggett & Platt Inc T.LEG


Primary Symbol: LEG

Leggett & Platt, Incorporated is a manufacturer that conceives, designs, and produces a range of engineered components and products found in many homes and automobiles. The Company’s segments include Bedding Products, Specialized Products and Furniture, Flooring & Textile Products. Bedding Products segment supplies a variety of components and machinery used by bedding manufacturers in the production and assembly of their finished products, as well as produces private label finished mattresses for bedding brands. Specialized Products segment supplies lumbar support systems, seat suspension systems, motors and actuators, and control cables used by automotive manufacturers. It also produces and distribute tubing and tube assemblies for the aerospace industry and engineered hydraulic cylinders used in the material-handling and construction industries. Furniture, Flooring & Textile Products segment supplies a range of components for residential and work furniture manufacturers.


NYSE:LEG - Post by User

Bullboard Posts
Post by planet51aon Jan 06, 2011 8:49am
756 Views
Post# 17931843

exit rate

exit rateI would imagine we are due for a press release regarding 2010 exit rate, the guidance if I remember correctly was apprx 13,000 boed although there have been subsequent events that may change that to the upside in my opinion, They have continuely improved their techniques and ip rates which would lead one to believe that the exit rate may be an upside surprise, again which may or may not be already priced in. for 2011 I think I am eager to learn how they will exploit the Turner Valley lands gained on the Canera acquistion. Although it has been a rough year weather wise in the last quarter they have worked through the challenging weather of last spring and seem to be on time and working within budget and getting expected results so far. They have told us what they will do and seem to have done more than expected so in my opinion I look forward to a very interesting and profitable 2011.
just my opinion
Planet
Bullboard Posts

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