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 > No more gloom and doom

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Comment by cashtango00on Dec 01, 2014 11:44am

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Post# 23180994

RE:RE:RE:RE:RE:RE:No more gloom and doom

believe it or not, commodities are cyclical and it is a heck of a lot cheaper to buy the proven assets in the ground than it is to hunt for it. There is a market for oil and LEG's assets ( 400m barrels) are valuable. Saying that, LEG shareholders might not be the ones that benefit from those assets.

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