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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

Post by topcheddon Dec 01, 2014 1:13pm
257 Views
Post# 23181565

key assets

key assetsThe reason why Legacy got to $10+/share is because smart investors realized that the debt the company carries isn't short term, its all termed out over a long period of time which makes it very very manageable combined more importantly with the fact that many of their key assets particularly in the Turner Valley have had well results far exceed expectation. I have not heard one PM yet call this a sell even at these level, technical say LEG is way over-sold and the fundamentals are still intact including the production of over 20,000 B of light per day. And there is no dividend so there is no dividend to cut to further drag the sp Don't pad the shorts profits by selling into their fear on this board Far from bankruptcy, far far
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