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.

NYSE:LEG - Post by User

Leggett & Platt Inc > Leg bottomed out

<< Previous

Bullboard Posts

Next >>

Comment by john0522on Sep 26, 2014 7:49pm

355 Views

Post# 22975399

RE:Leg bottomed out

all the shares issued to buy Highrock and Corinthian have to be absorbed.
this will take some time and so there will be a lot of selling by the former shareholders of
Highrock and Corinthian.
they will likely use the funds to do another start up.

my advice is read the financials on the website

40 million shares take a while to be absorbed.

<< Previous

Bullboard Posts

Next >>

Barrick Gold employees detained in Mali amid ongoing dispute