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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

Comment by zagorskon Jun 25, 2012 4:57pm
228 Views
Post# 20052853

RE: RE: RE: Why LEG will recover

RE: RE: RE: Why LEG will recover

       They can;t sell the gas stocks down any lower than they are noe so I guess they see the oils as a great opportunity.  LEG will still do well. They produce top quality light oil and can produce it at a lower cost than any of the oil sands companies.  I.E. They recieve a higher price per barrel and produce it cheaper. Very high netbacks.   

       It is interesting to note that they will sell the juniors off by 50% yet Suncor is not down by much relatively speaking.   

       A big bargain.        WHERE IS THE BOTTOM??  

        

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