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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 boyOboyOboyon Mar 12, 2014 7:10pm
254 Views
Post# 22316369

RE:RE:new to this play

RE:RE:new to this playUpside, dividend is one way.
What are your thoughts of the strategy to sell some assets, use the funds to pay down the debt make the co. more attractive as a possible takeout and let the patient stockholders be rewarded that way? Either way I would like management to be more active in issuing news releases on their achievements. Legacy needs to be talked about in a more positive way. Not like it is now, which is "what a great story" don't know why the street treats it the way it does?
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