CAE is a Canadian high tech company based out of Montreal, QC
Highlights and Recent News
The Good:
It's a bit of a momentum play. Record profits are good. https://www.thestar.com/business/2016/05/19/cae-hits-high-as-profit-beats-estimates.html
They just signed $180Million in new contracts. http://www.canadianmanufacturing.com/procurement/cae-discloses-180m-in-new-work-as-farnborough-airshow-gets-off-the-ground-171709/
They are involved in everything, from Health Care to mining.
http://www.ic.gc.ca/app/ccc/srch/nvgt.do?lang=eng&prtl=1&estblmntNo=234567065714&profile=cmpltPrfl&profileId=501&app=sold
The Questionable
CAE had margin issues as early as last year. But a pilot shortage could help them come out the other side. How they handle finances in good times is important to understand.
http://business.financialpost.com/news/transportation/cae-gets-boost-from-pilot-shortages-as-it-seeks-to-improve-results
CAE's president predicts that there will be soaring demand for their pilot testing products. when your stock is hot, it's not surprising to make very positive predictions about the future. Be wary of such rosy, biased predictions. But if it's well founded, it's well founded. Do the research.
http://www.theglobeandmail.com/report-on-business/cae-chief-predicts-soaring-demand-for-pilot-training-services/article30887548/
Conclusion
CAE seems like solid company, they also pay a dividend and is quite diversified.
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