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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

Post by Thistotallysuckson Apr 18, 2013 11:47pm
175 Views
Post# 21288510

Strategic Leadership

Strategic Leadership

Management is to slow to make strategic decisions...they should have introduced a dividend a year ago and they would have performed as well as .$10 asset blown up to $5 because - 20% short position for over 2 years. THey will look to sell but too late...best case this stock gets sold for $8 which is nowhere near the valuation 1-2 years ago.....and they will look to sell when other companies are doing the same.  Good operational managers not strategic thinkers and should be paid like ops guys not milliions.

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