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 > Just purchased an extra 20000 shares.

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Comment by poiseon Oct 06, 2014 1:58pm

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Post# 23002792

RE:RE:Just purchased an extra 20000 shares.

No, the new fracked Midale horizontal wells in virgin reservoir pressure territory. They have mastered the frack as each wellbore now contains up to 40 Fracs. They have 100's of low risk locations within this zone. Some wells have initially produced 1200 BOPD.
Its quite impressive.
Waterfloods take years to take effect.

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