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
KOV
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1.06%
!
$11.47

Ann: Half Year Accounts - Appendix 4D, page-9
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Last
$11.47 |
Change
0.120(1.06%) |
Mkt cap ! $134.8M |
Open | High | Low | Value | Volume |
$11.27 | $11.75 | $11.26 | $100.8K | 8.802K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 9 | $11.47 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$11.73 | 240 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 9 | 11.470 |
1 | 219 | 11.300 |
1 | 682 | 11.260 |
2 | 2500 | 11.240 |
2 | 3053 | 11.220 |
Price($) | Vol. | No. |
---|---|---|
11.730 | 240 | 1 |
11.750 | 2838 | 1 |
11.800 | 900 | 1 |
11.990 | 1100 | 1 |
12.000 | 50 | 1 |
Last trade - 15.41pm 18/07/2025 (20 minute delay) ? |
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KOV (ASX) Chart |