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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 Thistotallysuckson Mar 19, 2013 10:05pm
179 Views
Post# 21153623

RE: RE: RE: RE: RE: RE: Results

RE: RE: RE: RE: RE: RE: Results

These guys have destroyed 1 billion of value in 2 years - imagine how much they can destroy in 5 more years.   Read the AIF and you will understand why they are focused on a long term growth strategy.  Maximizes the time that they can steal millions in salary and bonuses from the company.

These guys had a good reputation from getting lucky with Mission Oil and Gas which is a joke because they have lost hundreds of millions more on the operating of legacy then they ever did with the sale of mission. 

Name any other job were you could legally destroy value steal shareholder money and stay employed for days never mind years. 

These guys are so out of alignment with the market it's sickening. They gotta go two years too late

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