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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.


NYSE:LEG - Post by User

Comment by ElmerFudd13on Apr 20, 2015 11:50am
351 Views
Post# 23646472

RE:RE:RE:Response to FrontFour by Co.

RE:RE:RE:Response to FrontFour by Co.
Usually after the quarter Trent goes on BNN to discuss results. He didnt make his usual appearance this time. Perhaps he was compromised by his horrible margin position with the company backing it up. Didnt want to face the unpleasant question on live TV. This is a clear example of how his actions have compromised his ability to funtion as CEO.

He badly managed company debt when oil prices were high. Everybody was on him to fix it but instead he did a coupe of aquisitions to change the metrics slightly. Total BS.

For both reasons I hope that the Hedge Fund replaces managemnt and creates some shareholder value. Faith in the current CEO is Kaput and needs to be shoved out the door.
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