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CTI Logistics Ltd ASX:CLX

1 opened or increased1 held0 reduced or exitedlatest position by manager, past 12 months90 days: 0 increased, 0 reduced. 2 managers in total.

Position history by manager 2 managersSelect a point to see the comment

Opened or increasedHeldReduced or exited Start or end of the position not reported

20 Apr 2026 to today

Commentary Showing 2 of 3

DateManagerActionSummary

30 Jun 2026Cromwell Funds ManagementHeldCromwell Funds Management continues to hold CTI Logistics after it provided a 25 June profit update guiding to FY26 revenue growth of around 9% and profit before tax growth of roughly 75%, implying PBT of around $34.5m, with shares rallying 49.4% over the quarter. The manager suspects the second-half result carries headwinds from elevated diesel prices, making underlying earnings momentum encouraging for FY27, and notes CTI trades on a FY26 PE of around 9 times while carrying substantial industrial property assets held at cost on its balance sheet.

Quarterly Report, price recorded $2.69

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30 Jun 2026Medallion FinancialInitiatedMedallion Financial's guest pick initiated a position in CTI Logistics, a roughly $180-200 million market cap Western Australia-based logistics business, because freight forwarding and courier services generate 55-60 per cent of revenue, warehousing and logistics optimisation contribute 20-30 per cent, and property assets provide a further 10-15 per cent of rental income. The manager views it as an old-fashioned business trading on an old-fashioned multiple of 19 times earnings with a 5-6 per cent dividend yield and tight shareholder register, benefiting from strong exposure to Western Australia's resilient mining-driven economy and lower fuel prices, alongside a consistent track record of earnings growth.

Dividend YieldArticle, price recorded $2.69

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Price at first mentionThe share price recorded when each of 2 managers first commented on CLX.

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Articles

30 Jun 2026CTI Logistics Rallied 49% on a Profit Update, But Diesel Costs Loom

About CTI Logistics Ltd

Industrials, Air Freight and Logistics

CTI Logistics (ASX:CLX), a Western Australian logistics company, is a guest pick for Medallion Financial. In June 2026, Medallion rated CTI a buy, describing it as a small logistics business with a market value of around $180 million to $200 million based in Western Australia. Cromwell described CTI as a West Australian transport and logistics operator with a national footprint spanning courier and freight, and noted a trading update on 25 June. CTI Logistics operates in the Industrials sector within the Air Freight and Logistics industry, and Thesis Tracker has captured 3 comments from 2 fund managers, Medallion and Cromwell. Headquartered in Perth, CTI Logistics provides courier, transport, warehousing and logistics services, along with property rental income, serving mining, retail and corporate customers across Australia, with a strong presence in Western Australia's resources economy.

Market cap: $238m
Price to earnings: Loss-making
Return on equity: 0.0%
Dividend yield: 0.0%
Price to book: 0.00x
Net margin: 0.0%
52-week range: $1.68 to $3.09

Company figures as of 15 Oct 2026. For information only.

Questions

Who is investing in CTI Logistics Ltd (ASX:CLX)?

Fund managers including Medallion Financial and Cromwell Funds Management have invested in CTI Logistics Ltd (ASX:CLX).

What opportunities or catalysts do fund managers highlight for CTI Logistics Ltd?

Medallion and Cromwell highlight CTI's national logistics footprint, strong Western Australian exposure and property assets, with Medallion seeing value in a small, overlooked company.

What are the key risks to the CTI Logistics Ltd investment thesis, according to fund managers?

The available commentary does not set out specific risks, though CTI's earnings depend on freight volumes and the Western Australian economy.

What does CTI Logistics Ltd (ASX:CLX) do?

CTI Logistics Ltd provides logistics and transport services through three segments: Transport Services, Logistics Services, and Property. Transport Services includes courier, taxi truck, parcel distribution, and fleet management. Logistics Services covers warehousing and distribution, specialized flooring, supply-based management, and document storage. The Property segment includes rental of owner-occupied and investment property. Founded by David Robert Watson on June 20, 1974, CTI Logistics is headquartered in West Perth, Australia.

General information only. Thesis Tracker reports what named fund managers have published about ASX companies. It does not take into account your objectives, financial situation or needs, and is not financial product advice or a recommendation to buy, sell or hold any security.

11,356 comments from 164 managers on 761 companies, snapshot 15 Oct 2026.

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