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 > Surge Energy On Buying Spree?

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Comment by bull_manon Jan 08, 2015 8:25pm

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Post# 23300482

RE:Surge Energy On Buying Spree?

with LEG at 3 times debt to cash flow, if not more, would you buy LEG??? lots of good energy companies out there with minimal debt issues posing as much better M&A targets; this is not a good environment for LEG to be in....there's a reason why you go from $10 to $1.70 in 6 months, other than the oil price; heard of oilexco??? not good people.

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