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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 zagorskon Apr 04, 2014 2:36pm
288 Views
Post# 22413138

RE:RE:Sold

RE:RE:Sold              LEG is still trading well below book value and a lot below NAV. LEG is a stock that has been depressed and undervalued by a lot for 3 years now. It is just starting to be accepted by the general market and the energy sector is just starting to come back into vogue. LEG's management has said that Q1 is looking really really good and they will spend less than cash flow this year.     
                                                     
             SELLING LEG IS A POOR IDEA.     
                                     

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