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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 zagorskon Mar 27, 2012 1:23pm
414 Views
Post# 19723540

RE: RE: RE: RE: Noise in Calgary.

RE: RE: RE: RE: Noise in Calgary.

     High debt with low cashflow because they are a new company and have only just begun their multi-year drilling program.      

    There are other ways to look at it besides being obsessed with the debt level.    

    With oil at $107 a barrel they can easily make enough money to pay off a loan in an environment of very low interest rates.      

   How much more motivation will a company ever have to borrow and invest?   

                     

 

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