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

<< Previous

Bullboard Posts

Next >>

Post by MustangMatton Oct 07, 2014 12:03am

287 Views

Post# 23004767

I'm sorry this is insane

This valuation is insane. By every metric I can find. This has been a chew toy for big funds for a long time. I echo the calls to sell the company. The bottom line is the strategy hasn't worked, sell the company or change the strategy. Can anyone explain to me why this mangement team is still in place? Cheers Matthew P.S the valuation is the valuation even if big boys with big pockets drive it to $5 it doesn't change the NAV.

<< Previous

Bullboard Posts

Next >>

WINNERS of the COP 29: Siemens Energy, Plug Power, dynaCERT!