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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 HARJAYon Jun 08, 2015 5:10pm
280 Views
Post# 23808646

RE:Nutall on BNN

RE:Nutall on BNNHe didn't say they stole it. He said they got it for a good price because LEG saddled itself with a lot of debt and couldn't get out from under all that debt and had NO choice but to sell the co. Why mention a competeing offer when it did not happen , If it didn't happen it menas nothing. He lives in reality NOT what  if.
He also said he sees it two diffrent ways as a short term  trade from the present  $28 level to about the $32 level  and as a few yr hold which  with a nice 9% div. . Didn't say where he saw it in a few yrs. but with oil going back to the $75 level and the increased LEG production and its historical levels of the $40 - $45 level where do you think CPG will be in a few yrs.  mths from now ? 
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