Will the civil infrastructure cycle produce anywhere near the demand for pipe and cables and associated support systems that the LNG/mining boom produced?
No, it certainly won't.
But the infrastructure cycle will be a more enduring, and manageable, cycle; as opposed to the frenetic and manic commodity cycle which went from "one-day-everyone-suddenly-had-more-work-than-they-could-cope-with" to "deathly-silence-and-now-we-need-to-sack-staff" in the space of just a year or two.
Also, while KOV is unlikely to be generating the ~$10m-level EBITDA that it did at the peak of the commodity cycle, having more than halved in value since then, the stock is not priced for that outcome, anyway.
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Ann: Half Year Accounts - Appendix 4D, page-9
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Last
$9.77 |
Change
0.070(0.72%) |
Mkt cap ! $120.0M |
Open | High | Low | Value | Volume |
$9.70 | $9.77 | $9.70 | $11.93K | 1.224K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 99 | $9.76 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$9.77 | 3 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 5000 | 2.700 |
1 | 1000 | 2.650 |
1 | 15000 | 2.640 |
2 | 1706 | 2.630 |
1 | 3000 | 2.620 |
Price($) | Vol. | No. |
---|---|---|
2.800 | 5044 | 1 |
2.900 | 1000 | 1 |
3.200 | 10000 | 1 |
0.000 | 0 | 0 |
0.000 | 0 | 0 |
Last trade - 10.30am 03/12/2024 (20 minute delay) ? |
KOV (ASX) Chart |