Leggett & Platt Inc T.LEG

Primary Symbol: LEG

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 > Financial assistance to an officer and director

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Comment by ChungasRevengeon Mar 27, 2015 7:00pm

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Post# 23571379

RE:RE:RE:RE:RE:RE:RE:RE:Financial assistance to an officer and director

bigbird456 wrote:
hit the nail right on the head. Look at cos by not hedging . A good company for hedging is suncor. 79% of thier oil is hedge at 90 $ .thier share price is only down 5% since the oil crash. As most r down 50% and higher. Ceo in his convo call said they r looking into hedging oil. So I tried too get a hold of the cfo yesterday I couldn't so I talked too the ir guy. Leg is looking too hedge 35% too 37% of thier oil. What the ceo did is his problem . It isn't realy a big deal. Human nature. Trying too get rich as most here want as well. Just bad timing. Market is way over reacting on this. Hopefuly th ose who sold at a loss well regret this. Which im sure in the near future they well .leg is finally heading in the right direction . Ceo and his financial problem still doesn't change my investment in this company. He well. Work it out. Just as the company well. Best of luck. Lets see a green day Monday