CAE Inc T.CAE

Alternate Symbol(s): CAE

Industrials Aerospace & Defense

CAE Inc. is a technology company. It operates in two segments: Civil Aviation and Defense and Security. The Civil Aviation training segment provides comprehensive training solutions for flight, cabin, maintenance and ground personnel in commercial, business and helicopter aviation, a complete range of flight simulation training devices, ab initio pilot training and crew sourcing services, as well as aircraft flight operations solutions. It manages approximately 324 full-flight simulators. Its training systems includes CAE Real-time Insights and Standardized Evaluations (CAE Rise), which improves training through the integration of untapped flight and simulator data-driven insights into training. The Defense and Security segment provides platform-independent training and simulation solutions, preparing global defense and security forces for the mission ahead. In addition to solutions delivered to customer sites, it provides comprehensive training at its CAE global training centers.

TSX:CAE - Post by User

CAE Inc

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Comment by mark5698on Feb 12, 2005 8:55am

272 Views

Post# 8579704

RE: CAE Posts Deep Loss, Cuts Dividend, Layoffs

After hearing the cc and the evasiveness of Mr. Brown on one issue in particular (paraphrased: how many of the contracts remaining in the order book were taken for revenue rather than profit?), I did the same and took a small loss on the position exiting at 5.20 at the end of the day. I won't be back until either he is gone (seeing the job he did for Bombardier) or there is a clear potential for profit. The dividend allowed me to be patient; now that it is gone (virtually), so am I. Good luck to those who continue to play, long and short

Bullboard Posts

@ the Bell: TSX advances to start off Christmas trading week