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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 > Noise in Calgary.
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Comment by bshort92on Mar 26, 2012 11:45pm
520 Views
Post# 19721217

RE: RE: Noise in Calgary.

RE: RE: Noise in Calgary.

LEG has a $375 + million debt load. No one in their right mind would buy this pig. Oil is $107 a barrel and LEG is trading backwards. This whole sector is toxic and the last to come back will be an LEG. If you can't pay your debt down the high netback production amounts to nothing but spinning your wheels in the mud.

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