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Leggett & Platt Inc T.LEG


Primary Symbol: LEG

Consumer Cyclical
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

Leggett & Platt Inc > Anyone have any ideas?
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Comment by geraton Apr 18, 2012 5:11pm
218 Views
Post# 19809705

RE: RE: RE: Anyone have any ideas?

RE: RE: RE: Anyone have any ideas?

I am still a beleiver in the fundamentals and this stock is trading well below book value.  The momentum traders are riding it down and hopefully when it turns will ride it back up.

One question I have is regarding the discounted price the Canadian producers are receiving for their crude.

I hear it is $10-15 per barrel due to a transporting problem? If their is insufficient piping to carry the product to market then does that mean some oil is not getting moved? If it is all getting moved then there must be adequate transporting capability?

Please help me understand this better.

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