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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 arrivedercion Mar 11, 2013 6:38pm
123 Views
Post# 21113229

RE: monster short position

RE: monster short position

Debt too high for LEG and given the terrible environment for juniors their debt may now become unmanageable.  Don't believe LEG has assets in can divest itself from especially at these low prices in the cylce.

Maybe too late to pay dividends from perhaps a diminishing cash flow. Not looking good. 

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