CLX cti logistics limited

I just looked at the Argonaut note of 20 May which valued CLX at...

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    I just looked at the Argonaut note of 20 May which valued CLX at $2.50. I think this is the only broker covering CXL.

    It had PBT in 2024 of only $18.8m and NPAT of $13.5m.

    So the FY24 result of PBT of $23m is considerably better than Argonaut assumed. It assumed lower profits in second half, but profits actually rose, which is bullish for FY25.
    ,
    In fact actual PBT in FY24 is well above the Argonaut forecast for FY25 (of $19.8m).

    The ship may have been leaky, but the market could still run the shares up more.
    Last edited by edshann: 18/07/24
 
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(20min delay)
Last
$1.92
Change
0.005(0.26%)
Mkt cap ! $154.2M
Open High Low Value Volume
$1.91 $1.92 $1.91 $25.42K 13.30K

Buyers (Bids)

No. Vol. Price($)
2 1326 $1.90
 

Sellers (Offers)

Price($) Vol. No.
$1.92 15870 2
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Last trade - 12.21pm 23/07/2025 (20 minute delay) ?
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