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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 Swing4theFenceon Jun 20, 2013 10:05pm
444 Views
Post# 21552461

Colborne insider purchases......

Colborne insider purchases......

Quite interesting how he is accumulating here while at the same time focussing on his new SGY venture.  Could a future merger of LEG and SGY be in the cards - does it make sense ?

Listened to Nuttall on Marketcall say this thing is trading at half its previous valuation with the long term potential of $25-$30 NAV in 4 to 5 years time.....can't see anything wrong operationally ( Turner Valley gas leak I guess a minor point that will be corrected quickly ).

These markets are wild right now..........

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