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

Post by xsd123on Dec 04, 2014 1:06pm
335 Views
Post# 23195679

first energy

first energyDowngraded to 12,50$ target to 4,75$. average deck price 69WTI, the problem with Legacy is the big debt ... the gonna use quality asset to grow like 3% and the majority to pay the debt ... They are no in such bad position to be force to disposition asset , but they are not able to grow asset like spe, wcp, rrx, pxt, tog because of the debt .... so its dead money. If I was CEO, i would do the same thing for MY pocket. Big salary, performance share, options, for a couple of years and after 5 to 7 years sell where the stock price are .... so move to under 17$ in 2011 to 2$ in 2016-2018... I don't care I make 1,5 Millions every year + performance share or option ( free) like 12 millions * 2 $ = about 30 millions in 5 to 7 years ... im good . Finally I was able to growth compagny to 3000/Bbd to 30000/bbd... pretty good in curriculum vitae. Who got screw ?
<< Previous
Bullboard Posts
Next >>