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 > New 52 Week Low ---$3.15

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Comment by miner8740on Nov 27, 2014 7:07pm

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Post# 23172056

RE:RE:RE:New 52 Week Low ---$3.15

We are in a different environment now
A different cycle
Goldman sac is indicating that we may never see 80 dollar oil just like iron ore
we must face reality because all of these mid tier producers will not survive due to the large debt load and price of oil for the next 3 to 4 years.
Russia does not care where oil falls
Oil age is over now and 50 to 65 dollar oil will be here for a long time
Downgrades will be coming early next week as share may drop another 70 %
Look at the coal stocks and minerals
We are running out of storage capacity now

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