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 > Not Too Bad

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Comment by MBAon Jan 03, 2015 3:44pm

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Post# 23282732

RE:RE:RE:RE:Not Too Bad

Poise - appreciate your thoughts.

Unfortunately, I am so down on LEG's managment team. I really think they need to sell or replace management.

Institutional investors totally lost confidence as well

Best course of action would be to sell the company - I just don't have the confidence in Trent or Matt executing.

At one time, I thought the plan was to sell and build a new company - LGX. Being some unusally action there lately as well which makes you wonder if something is taking place with LGX.

As for LEG price, seems to me all oils have recovered from the bottom and LEG is no different.

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