CTI logistics operate in perth they are a stock to watch
http://www.ctilogistics.com
CTI has flown under the radar probably because it is very tightly held with only 50m shares on issue at around $1.42.
latest financials for full 2010-2011 was NPAT $6.2m up 31%
revenue was $72.5m up 19.4%,net margin 8.55%…unheard of in road transport,LAU,KSC are flat out getting 3% toll not much better.
with a 6c fully franked dividend,
these are great numbers for transport which normally…
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