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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 valueplaysonlyon Jul 03, 2013 1:41pm
195 Views
Post# 21587257

not sure whats gonig on

not sure whats gonig onLEG  having a good day while  LTS  is   in  the  doghouse.  Ditto  for  PWT.  SGY    rallying on   killer volume.

I  really dont know why   Legacy  and  Surege have not merged.  They  would   be half the market cap   of  NVA  with in my view  both  better  production and management.


Still  trading 10  %     below the  PP   price of a few months ago.  I  think   the stock   needs  to get to the  PP  before  those people  consider adding to their   position.

For  others like  me its more  of the straddle position of  5.45 to  5.50   before  I  go  long.  Earnings  should be   good  in August  when they report.

 
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