Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.

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

Comment by patenrighton Oct 10, 2014 9:29pm
203 Views
Post# 23020930

RE:RE:RE:check pg 11 of presentation

RE:RE:RE:check pg 11 of presentationwith all due respect LTS divvie is not killing them,   did u not just read what i wrote.   one of if not the lowest payouts in the industry at 15%

yes debt is twice as much but still under 3x debt/cashflow and improving and as long as debt is seviceable with good coverage which it is, then not really an issue

look i own both leg and lts, just saying lts is the cheaper play here.....the market hates LTS yes, but eventually the market or another company to buy those cheap assets will wake up....

again both leg and lts are way undervalued, simply pointing out LTS is even cheaper than LEG


<< Previous
Bullboard Posts
Next >>