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 > Not Too Bad

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Comment by peplareon Jan 02, 2015 7:46pm

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Post# 23281429

RE:RE:Not Too Bad

Where do you expect production to come from at 40.00 oil,maybe a 1/3 of production in the world can be sustained at that price but not the other 2/3 s.
With Capex being cut on projects worldwide and not just North america, 1.5% to 2% oversupply is nothing.Wait in the future when there becomes a 5% to 10% undersupply and see where the price of oil will be.

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