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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 sellthefarmon Oct 18, 2013 10:31am
202 Views
Post# 21826980

RE:RE:RE:RE:Dividend model

RE:RE:RE:RE:Dividend modelbonjovi501 - I like what you are saying re:LEG. but worry that you are thinking about buying LTS.  I think LTS is still in for some downside as the market doesn't quite know what they will announce in their update later this year and they have shown that they can't make decisions over there.  I noticed some small insider buying earlier this week.  Let them lead the way before you buy.  Your money would be better spent buying LEG on a positive uptrend vs gambling on an LTS turnaround.  Mgmt of LTS has had plenty of time to correct the problem of paying out more than they bring in but have failed to do so.  I'd wait until you see something positive there b/c the stock has no love right now.  This is coming from someone that has owned it for 3+ years and kept buying on the way down.  Let John Wright buy some more shares and show us he's confident in the company.
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