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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 deismanon Feb 16, 2014 11:39am
303 Views
Post# 22215517

RE:RE:Earning $$$$ through the bit (new licences friday)

RE:RE:Earning $$$$ through the bit (new licences friday)I don't think Trent is the problem and Renegade's problems aren't even similar to Legacy.  Renegade over promised to to point of possibly mis-stating projections and wasn't ready to chage to a dividend paying company.  They cleaned house but are now tentatively being taken over by a much smaller company with fewer assets.  The only positive is the new team but the shareholders are being asked to pay a premium and a very large one for the chance that these guys can do what they did for Sparton.  IMO. Legacy's share price took a hit because of the large U.S.A. share dump.  Patience, keep drilling, pay down debt and stay the course.  The company is no worse than the first day I picked up shares.  It's Mr. Market who is manic depressive. Again IMO
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