Leggett & Platt Inc T.LEG

Primary Symbol: LEG

Consumer Cyclical

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.

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Leggett & Platt Inc > A new Discovery is big and growing.

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Post by poiseon Apr 17, 2014 3:52pm

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Post# 22465189

A new Discovery is big and growing.

SP is moving due to the still unannounced discovery at PintoSouth.
7.5m net pay Midale reservoir, high porosity, 5 md+ permeability, last 5 wells 275+ BOPD, 69 sections of land and over 100 locations. Once announced SP will pop up 20%.
Discovery equivelent to CPG Torquay prospect at Flat Lake.
A very lucrative two weeks. Hold long.
cheers
Poise

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